Greystone Housing Impact Investors LP Announces Regular Quarterly Cash Distribution
Greystone Housing Impact Investors LPGreystone Housing Impact Investors LP(US:GHI) GlobeNewswire News Room·2024-06-12 20:15

Core Viewpoint - Greystone Housing Impact Investors LP announced a cash distribution of $0.37 per Beneficial Unit Certificate (BUC) to its holders, with the distribution date set for July 31, 2024, and the ex-distribution date on June 28, 2024 [8]. Company Overview - Greystone Housing Impact Investors LP was established in 1998 under Delaware law, focusing on acquiring and managing a portfolio of mortgage revenue bonds aimed at financing affordable housing projects [2]. - The Partnership's strategy includes acquiring additional mortgage revenue bonds and leveraging investments, with expectations that interest earned on these bonds will be exempt from federal income tax [2]. Distribution Details - The cash distribution of $0.37 per BUC was declared by the Board of Managers of Greystone AF Manager LLC, the general partner of the Partnership [8][9]. - Distributions are determined based on a thorough evaluation of the Partnership's operating results and financial condition, ensuring alignment with the long-term interests of BUC holders [9]. Market Context - The Partnership's operations are influenced by various economic factors, including market volatility, access to capital, and conditions in the real estate market [3].