---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-011557"
form_type: "8-K"
ticker: "GHI"
cik: "0001059142"
company_name: "Greystone Housing Impact Investors LP"
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T07:41:13.645340+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Greystone Housing Issues 500,000 Series B Preferred Units for $5M at 5.75% Distribution Rate

## Summary
- Issued 500,000 Series B Preferred Units to Texas Capital Community Development Corp for $5,000,000.
- Series B Preferred Units carry a fixed annual distribution rate of 5.75%, non-cumulative and non-convertible.
- Earliest redemption date is February 2030; proceeds to acquire mortgage revenue bonds for affordable housing.
- Second issuance of Series B Preferred Units; total shelf capacity remains up to 10,000,000 units.

## SEC filing metadata
- accession: 0000950170-24-011557
- form_type: 8-K
- ticker: GHI
- cik: 0001059142
- company_name: Greystone Housing Impact Investors LP
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1059142/000095017024011557/0000950170-24-011557-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1059142/000095017024011557/ghi-20240202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-011557
- JSON: https://secwatch.observer/filing/0000950170-24-011557.json
- Plain text: https://secwatch.observer/filing/0000950170-24-011557.txt

## Key facts
- Material Agreements
  Greystone Housing Impact Investors LP entered into Subscription Agreement with Texas Capital Community Development Corporation valued at $5,000,000 (effective 2024-02-02).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Texas Capital Community Development Corporation
  - Value: $5,000,000
  - Effective: 2024-02-02
  source text: On February 2, 2024, Greystone Housing Impact Investors LP (the “Partnership”) issued, under its existing “shelf” registration statement on Form S-3 (Reg. No. 333-259207), 500,000 Series B Preferred Units representing limited partnership interests in the Partnership (the “Series B Preferred Units”) to Texas Capital Community Development Corporation, which is an affiliate of Texas Capital Bank (the “Investor”), resulting in $5,000,000 in aggregate proceeds to the Partnership. The issuance of the Series B Preferred Units was effected pursuant to a subscription agreement entered into between the Partnership and the Investor dated as of February 2, 2024 (the “Subscription Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1059142/000095017024011557/0000950170-24-011557-index.htm

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