---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-026386"
form_type: "8-K"
ticker: "GHI"
cik: "0001059142"
company_name: "Greystone Housing Impact Investors LP"
filed_at: "2023-06-05T23:59:59+00:00"
generated_at: "2026-06-14T07:09:22.163068+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Greystone Housing issues $10M Series A-1 Preferred Units to PNC Community Development

## Summary
- Issued 1,000,000 Series A-1 Preferred Units to PNC Community Development Company, LLC for $10M in proceeds.
- Units are non-cumulative, non-convertible, non-voting; earliest optional redemption June 2029.
- Proceeds to fund acquisition of mortgage revenue bonds for affordable multifamily, student, and senior housing.
- Issuance under existing shelf registration permitting up to 3,500,000 Series A-1 units.
- CEO notes the transaction provides low-cost, non-dilutive capital, bolstering liquidity in a rising-rate environment.

## SEC filing metadata
- accession: 0000950170-23-026386
- form_type: 8-K
- ticker: GHI
- cik: 0001059142
- company_name: Greystone Housing Impact Investors LP
- filed_at: 2023-06-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1059142/000095017023026386/0000950170-23-026386-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1059142/000095017023026386/ghi-20230602.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-026386
- JSON: https://secwatch.observer/filing/0000950170-23-026386.json
- Plain text: https://secwatch.observer/filing/0000950170-23-026386.txt

## Key facts
- Material Agreements
  Greystone Housing Impact Investors LP entered into Subscription Agreement with PNC Community Development Company, LLC valued at $10,000,000 (effective 2023-06-02).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: PNC Community Development Company, LLC
  - Value: $10,000,000
  - Effective: 2023-06-02
  source text: On June 2, 2023, Greystone Housing Impact Investors LP (the “Partnership”) issued, under its existing “shelf” registration statement on Form S-3 (Reg. No. 333-259203), 1,000,000 Series A-1 Preferred Units to PNC Community Development Company, LLC (the “Investor”), resulting in $10,000,000 in aggregate proceeds to the Partnership. The issuance of the Series A-1 Preferred Units was effected pursuant to a subscription agreement entered into between the Partnership and the Investor dated as of June 2, 2023 (the “Subscription Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1059142/000095017023026386/0000950170-23-026386-index.htm

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