Greystone Housing Impact Investors LP Files 8-K

TL;DR

Greystone Housing Impact Investors LP filed an 8-K on March 8, 2024, for a material agreement and financials.

AI Summary

On March 8, 2024, Greystone Housing Impact Investors LP filed an 8-K report. The filing primarily concerns the entry into a material definitive agreement and the submission of financial statements and exhibits. No specific details regarding the agreement or financial figures were provided in the excerpt.

Why It Matters

This filing indicates a significant event or transaction for Greystone Housing Impact Investors LP, requiring disclosure to the public and investors.

Risk Assessment

Risk Level: low — The filing is a standard disclosure document without immediate negative or positive financial implications presented in the excerpt.

Key Players & Entities

• Greystone Housing Impact Investors LP (company) — Registrant
• March 8, 2024 (date) — Date of Report
• Delaware (jurisdiction) — State of Incorporation
• 14301 FNB Parkway, Suite 211 (address) — Principal Executive Offices
• Omaha, Nebraska (location) — City, State of Principal Executive Offices
• 68154 (zip_code) — Zip Code of Principal Executive Offices

FAQ

Key Financial Figures

• $50,000,000 — ng an aggregate offering price of up to $50,000,000 (the "Offering"). Under the Sales Agr
• $50,000 — gal counsel, in an amount not to exceed $50,000, as provided in the Sales Agreement. Th
• $12,500 — es Agreement in an amount not to exceed $12,500 per calendar year. The foregoing desc

Filing Documents

• ghi-20240308.htm (8-K) — 50KB
• ghi-ex5_1.htm (EX-5.1) — 22KB
• ghi-ex10_1.htm (EX-10.1) — 337KB
• img45447458_0.jpg (GRAPHIC) — 35KB
• img45447458_1.jpg (GRAPHIC) — 21KB
• img45447458_2.jpg (GRAPHIC) — 29KB
• 0000950170-24-028653.txt ( ) — 707KB
• ghi-20240308.xsd (EX-101.SCH) — 28KB
• ghi-20240308_htm.xml (XML) — 5KB

01 Entry Into a Material Definitive Agreement

Item 1.01 Entry Into a Material Definitive Agreement. On March 8, 2024, Greystone Housing Impact Investors LP, a Delaware limited partnership (the "Partnership"), entered into an Amended and Restated Capital on Demand TM Sales Agreement (the "Sales Agreement") with JonesTrading Institutional Services LLC and BTIG, LLC, as agents (each, an "Agent," and collectively the "Agents"), pursuant to which the Partnership may offer and sell, from time to time through or to the Agents, beneficial unit certificates representing assigned limited partnership interests ("BUCs") in the Partnership, having an aggregate offering price of up to $50,000,000 (the "Offering"). Under the Sales Agreement, upon delivery of a placement notice and subject to the terms and conditions of the Sales Agreement, the Agents may sell the BUCs by any method permitted by law and deemed to be an "at the market offering" as defined in Rule 415 promulgated under the Securities Act of 1933, as amended. The Partnership may instruct the Agents not to sell BUCs if the sales cannot be effected at or above the price designated by the Partnership from time to time. The Partnership is not obligated to make any sales of the BUCs under the Sales Agreement. The offering of BUCs pursuant to the Sales Agreement will terminate upon the earlier of (i) the issuance and sale of all BUCs subject to the Sales Agreement; or (ii) the termination of the Sales Agreement as permitted therein. Each Agent will act as sales agent or principal on a commercially reasonable efforts basis consistent with its normal trading and sales practices and applicable state and federal law, rules and regulations, and the rules of the New York Stock Exchange. The Partnership will pay the Agents a commission rate equal to 2.0% of the aggregate gross sales price of the BUCs sold. The Partnership has also agreed to reimburse the Agents for certain specified expenses, including the fees and disbursements of its legal counsel, in an amount not

Forward-Looking Statements

Forward-Looking Statements Information contained in this Current Report on Form 8-K contains "forward-looking statements," including but not limited to statements related to the Sales Agreement and the Offering, which are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. These risks and uncertainties include, but are not limited to, risks involving fluctuations in short-term interest rates, collateral valuations, bond investment valuations, current maturities of our financing arrangements and our ability to renew or refinance such maturities, and overall economic and credit market conditions. For a further list and description of such risks, see the reports and other filings made by the Partnership with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2023. The Partnership disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (a) Not applicable. (b) Not applicable. (c) Not applicable. (d) Exhibits. Exhibit Number Description 5.1 Opinion of Barnes & Thornburg LLP. 10.1 Amended and Restated Capital on Demand TM Sales Agreement, dated March 8, 2024, by and between Greystone Housing Impact Investors LP, JonesTrading Institutional Services LLC, and BTIG, LLC. 23.1 Consent of Barnes & Thornburg LLP (included in Exhibit 5.1). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Greystone Housing Impact Investors LP Date: March 8, 2024 By: /s/ Jesse A. Coury Printed: Jesse A. Coury Title: Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR