Greystone Housing Impact Investors LP Issues 500,000 Series B Preferred Units to New Investor

Core Insights - Greystone Housing Impact Investors LP executed a Subscription Agreement to issue 500,000 Series B Preferred Units, raising $5,000,000 in proceeds [1][2] - The Series B Preferred Units are non-cumulative, non-convertible, and non-voting, with a redemption option starting from October 2031 [2] - The CEO emphasized that this issuance provides non-dilutive, fixed-rate, and low-cost institutional capital to support the company's strategy [3] Company Overview - Greystone Housing Impact Investors LP was established in 1998 to manage a portfolio of mortgage revenue bonds aimed at financing affordable multifamily, senior, and student housing [3] - The company aims to grow its investments by acquiring additional mortgage revenue bonds and leveraging attractive financing structures available in the market [3]