---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-003070"
form_type: "8-K"
ticker: "GHI"
cik: "0001059142"
company_name: "Greystone Housing Impact Investors LP"
filed_at: "2023-02-16T23:59:59+00:00"
generated_at: "2026-06-19T08:40:29.923015+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Greystone Housing issues 1.5M Series A-1 Preferred Units; gets $8M new capital from financial institution

## Summary
- Exchanged 700,000 Series A Preferred for 700,000 Series A-1 Preferred (stated value $7M); no cash.
- Issued 800,000 new Series A-1 Preferred for $8M in proceeds; total issuance 1.5M units.
- Proceeds to acquire mortgage revenue bonds for affordable housing and other investments.
- Earliest redemption for new Series A-1 units is February 2029; non-cumulative, non-convertible, non-voting.
- CEO says transaction provides non-dilutive, fixed-rate, low-cost institutional capital.

## SEC filing metadata
- accession: 0000950170-23-003070
- form_type: 8-K
- ticker: GHI
- cik: 0001059142
- company_name: Greystone Housing Impact Investors LP
- filed_at: 2023-02-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1059142/000095017023003070/0000950170-23-003070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1059142/000095017023003070/ghi-20230215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-003070
- JSON: https://secwatch.observer/filing/0000950170-23-003070.json
- Plain text: https://secwatch.observer/filing/0000950170-23-003070.txt

## Key facts
- Material Agreements
  Greystone Housing Impact Investors LP entered into Subscription Agreement with Pacific Premier Bank valued at Issuance of 800,000 Series A-1 Preferred Units for $8,000,000 aggregate proceeds (effective 2023-02-15).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Pacific Premier Bank
  - Value: Issuance of 800,000 Series A-1 Preferred Units for $8,000,000 aggregate proceeds
  - Effective: 2023-02-15
  source text: 333-255475), 700,000 Series A-1 Preferred Units representing limited partnership interests in the Partnership (the “Series A-1 Preferred Units”) to Pacific Premier Bank (the “Investor”) in exchange for 700,000 outstanding Series A Preferred Units representing limited partnership interests in the Partnership (the “Series A Preferred Units”) held of record by the Investor.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1059142/000095017023003070/0000950170-23-003070-index.htm
- Material Agreements
  Greystone Housing Impact Investors LP entered into Exchange Agreement with Pacific Premier Bank valued at Amendments to agreement for exchange of 700,000 Series A Preferred Units for Series A-1 Preferred Un (effective 2023-02-15).
  - Action: entry
  - Counterparty: Pacific Premier Bank
  - Value: Amendments to agreement for exchange of 700,000 Series A Preferred Units for Series A-1 Preferred Un
  - Effective: 2023-02-15
  source text: Item 1.01 Entry into a Material Definitive Agreement. Series A-1 Preferred Units Exchange Agreement On February 15, 2023, Greystone Housing Impact Investors LP (the “Partnership”) issued, under its existing “shelf” registration statement on Form S-4 (Reg. No. 333-255475), 700,000 Series A-1 Preferred Units representing limited partnership interests in the Partnership (the “Series A-1 Preferred Units”) to Pacific Premier Bank (the “Investor”) in exchange for 700,000 outstanding Series A Preferred Units representing limited partnership interests in the Partnership (the “Series A Preferred Units”) held of record by the Investor.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1059142/000095017023003070/0000950170-23-003070-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.