Core Points - Greystone Housing Impact Investors LP amended its $50 million secured revolving Line of Credit facility, extending the maturity date to June 2027 with two additional one-year extension options [1][2] - The amendment allows the Partnership to increase its maximum allowable seniors housing joint venture equity investments to 30% of eligible encumbered assets and enhances its maximum allowable limited guaranties of debt associated with these investments [2][3] - The deficiency guaranty for the facility is provided by an affiliate of the Partnership's general partner without charging a fee, which enhances liquidity and operational flexibility for additional investments in the seniors housing segment [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, seniors, and student housing properties [4] - The Partnership's strategy includes acquiring additional mortgage revenue bonds and investments on a leveraged basis, with expectations that interest earned on these bonds is excludable from federal income tax [4] - The company aims to achieve investment growth through attractive financing structures and interest rate risk management instruments as outlined in its Second Amended and Restated Limited Partnership Agreement [4]

Core Insights - Greystone Housing Impact Investors LP announced a cash distribution of $0.30 per Beneficial Unit Certificate (BUC) to be paid on July 31, 2025, to BUC holders of record as of June 30, 2025 [1] - The CEO indicated that high interest rates and capitalization rates have led to a reduction in quarterly distributions, which now yield an annualized rate of 9.5% based on the net book value as of March 31, 2025 [2] - The Partnership's non-controlling investment in Vantage at Fair Oaks, a 288-unit multifamily property in Texas, has been publicly listed for sale, with the Partnership having contributed $12.0 million in equity [3] Distribution Details - The cash distribution of $0.30 per BUC will be effective for BUC holders recorded by the end of trading on June 30, 2025, with ex-distribution trading commencing on the same date [1] - The decision on distributions is based on a disciplined evaluation of the Partnership's operating results and financial condition [2] Investment Strategy - Greystone Housing Impact Investors LP focuses on acquiring mortgage revenue bonds to finance affordable housing properties, with a strategy to leverage investments and manage interest rate risks [4] - The Partnership aims to achieve growth by investing in additional mortgage revenue bonds and utilizing attractive financing structures available in the market [4]

Group 1 - Greystone Housing Impact Investors LP announced the availability of 2024 Schedule K-3 for unitholders, which contains information relevant to international tax [1][2] - The Schedule K-3 is particularly important for foreign unitholders and those calculating foreign tax credits for their tax returns [2] - Unitholders can obtain an electronic copy of their Schedule K-3 by contacting Tax Package Support [3] Group 2 - Greystone Housing Impact Investors LP was established in 1998 to manage a portfolio of mortgage revenue bonds aimed at financing affordable housing [4] - The Partnership's strategy includes acquiring additional mortgage revenue bonds and leveraging investments to enhance growth [4] - The interest earned on these mortgage revenue bonds is expected to be excludable from gross income for federal tax purposes [4]

Core Viewpoint - Greystone Housing Impact Investors LP will host a conference call on May 7, 2025, to discuss its First Quarter 2025 results [1] Group 1: Conference Call Details - The conference call is scheduled for 4:30 p.m. Eastern Time on May 7, 2025 [1] - Participants can join the call toll-free at (877) 407-8813 or internationally at +1 (201) 689-8521, with no pin required [2] - A live webcast will be available on the Partnership's website, and it is recommended to join 15 minutes early [2] Group 2: Company Overview - Greystone Housing Impact Investors LP was established in 1998 to manage a portfolio of mortgage revenue bonds for affordable housing [4] - The Partnership aims to acquire additional mortgage revenue bonds and other investments on a leveraged basis, benefiting from favorable financing structures [4] - The interest earned on these mortgage revenue bonds is expected to be excludable from gross income for federal tax purposes [4]