---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-006086"
form_type: "8-K"
ticker: "GHI"
cik: "0001059142"
company_name: "Greystone Housing Impact Investors LP"
filed_at: "2024-01-22T23:59:59+00:00"
generated_at: "2026-06-06T20:27:33.325508+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Greystone Housing exchanges 1.75M Series A for Series B Preferred Units, extends capital to Jan 2030

## Summary
- Issued 1,750,000 Series B Preferred Units ($17.5M stated value) in exchange for same number of Series A at 5.75% fixed distribution.
- No net proceeds or cash consideration; partner retained $17.5M of original proceeds from Series A issued in 2016/2017.
- Earliest potential redemption for Series B is January 2030; non-cumulative, non-convertible, non-voting.
- CEO stated exchange provides non-dilutive, fixed-rate, low-cost institutional capital benefiting unitholders.

## SEC filing metadata
- accession: 0000950170-24-006086
- form_type: 8-K
- ticker: GHI
- cik: 0001059142
- company_name: Greystone Housing Impact Investors LP
- filed_at: 2024-01-22T23:59:59+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/1059142/000095017024006086/0000950170-24-006086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1059142/000095017024006086/ghi-20240119.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-006086
- JSON: https://secwatch.observer/filing/0000950170-24-006086.json
- Plain text: https://secwatch.observer/filing/0000950170-24-006086.txt

## Key facts
- Material Agreements
  Greystone Housing Impact Investors LP entered into Exchange Agreement with Mechanics Bank valued at Exchange of 1,750,000 Series B Preferred Units for 1,750,000 Series A Preferred Units | no net proce (effective 2024-01-19).
  - Action: entry
  - Counterparty: Mechanics Bank
  - Value: Exchange of 1,750,000 Series B Preferred Units for 1,750,000 Series A Preferred Units | no net proce
  - Effective: 2024-01-19
  source text: Item 1.01 Entry into a Material Definitive Agreement. On January 19, 2024, Greystone Housing Impact Investors LP (the “Partnership”) issued, under its existing “shelf” registration statement on Form S-4 (Reg. No. 333-275170), 1,750,000 Series B Preferred Units representing limited partnership interests in the Partnership (the “Series B Preferred Units”) to Mechanics Bank (the “Investor”) in exchange for 1,750,000 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/1059142/000095017024006086/0000950170-24-006086-index.htm

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