---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-059473"
form_type: "8-K"
ticker: "GHI"
cik: "0001059142"
company_name: "Greystone Housing Impact Investors LP"
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T18:56:35.749843+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Greystone Housing completes $61.5M TEBS residual financing at 7.125% fixed rate

## Summary
- Net proceeds ~$60.4M; $57.9M used to repay existing Secured Notes, reducing outstanding to ~$20.3M.
- CEO says new non-recourse, non-mark-to-market financing provides ~3.9% effective interest cost savings vs prior variable-rate debt.
- Partnership retained $20.5M of residual Class B-2 Certificates entitled to remaining cash flows after senior payments.
- Class B-1 Certificates bear fixed 7.125% interest, payable monthly; term ends at earlier of repayment or July 25, 2034.
- Transaction closed Nov 1, 2023; Partnership remains administrator with residual obligations under Freddie Mac support agreements.

## SEC filing metadata
- accession: 0000950170-23-059473
- form_type: 8-K
- ticker: GHI
- cik: 0001059142
- company_name: Greystone Housing Impact Investors LP
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1059142/000095017023059473/0000950170-23-059473-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1059142/000095017023059473/ghi-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-059473
- JSON: https://secwatch.observer/filing/0000950170-23-059473.json
- Plain text: https://secwatch.observer/filing/0000950170-23-059473.txt

## Key facts
- Debt Financings
  Greystone Housing Impact Investors LP incurred debt of approximately $61.5 million with Jefferies LLC at 7.125% per annum maturing July 25, 2034.
  - Principal: approximately $61.5 million
  - Counterparty: Jefferies LLC
  - Rate: 7.125% per annum
  - Maturity: July 25, 2034
  - Event: incurrence
  source text: The Class B-1 Certificates were purchased by Jefferies LLC (the “Initial Purchaser”) which then sold the Class B-1 Certificates to unaffiliated investors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1059142/000095017023059473/0000950170-23-059473-index.htm
- Material Agreements
  Greystone Housing Impact Investors LP entered into Administration Agreement with Trustee and Issuer (effective 2023-11-01).
  - Action: entry
  - Counterparty: Trustee and Issuer
  - Effective: 2023-11-01
  source text: The Administration Agreement between the Partnership, the Trustee, and the Issuer restates the obligations of the Administrator set out in the Trust Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1059142/000095017023059473/0000950170-23-059473-index.htm
- Material Agreements
  Greystone Housing Impact Investors LP entered into Trust Agreement with Issuer and Wilmington Trust, National Association (Trustee) (effective 2023-11-01).
  - Action: entry
  - Counterparty: Issuer and Wilmington Trust, National Association (Trustee)
  - Effective: 2023-11-01
  source text: Under the Trust Agreement, the Issuer issued the Class B-1 Certificates and Class B-2 Certificates which are payable solely from the distributions on the Class B Certificates.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1059142/000095017023059473/0000950170-23-059473-index.htm
- Material Agreements
  Greystone Housing Impact Investors LP entered into Portfolio Purchase Agreement with Wisconsin Public Financing Authority (Issuer) valued at approximately $82.0 million (effective 2023-11-01).
  - Action: entry
  - Counterparty: Wisconsin Public Financing Authority (Issuer)
  - Value: approximately $82.0 million
  - Effective: 2023-11-01
  source text: Under the Portfolio Purchase Agreement between the Partnership and the Issuer, the Partnership sold and conveyed the Class B Certificates to the Issuer for the purchase price of approximately $82.0 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1059142/000095017023059473/0000950170-23-059473-index.htm

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