---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-094066"
form_type: "8-K"
ticker: "GHI"
cik: "0001059142"
company_name: "Greystone Housing Impact Investors LP"
filed_at: "2026-03-05T23:59:59+00:00"
generated_at: "2026-05-15T19:17:45.583020+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Greystone Housing secures $42M loan amendment to acquire two SC affordable housing properties after bond defaults

## Summary
- Acquired Windsor Shores (176 units) and Century Plaza (212 units) via deed in lieu of foreclosure in SC.
- Additional $42M advanced; total loan facility now $84M split equally between BankUnited and ServisFirst.
- Interest at 1-month SOFR + 2.75%; new DSCR covenants: 1.00x (Feb 2027) and 1.05x (Jun 2027).
- Properties previously backed mortgage revenue bonds; defaults occurred Feb 2026 due to weak operations.
- Swap agreements hedging floating rate executed for full $84M principal.

## SEC filing metadata
- accession: 0001193125-26-094066
- form_type: 8-K
- ticker: GHI
- cik: 0001059142
- company_name: Greystone Housing Impact Investors LP
- filed_at: 2026-03-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1059142/000119312526094066/0001193125-26-094066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1059142/000119312526094066/ghi-20260227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-094066
- JSON: https://secwatch.observer/filing/0001193125-26-094066.json
- Plain text: https://secwatch.observer/filing/0001193125-26-094066.txt

## Source-grounded claims
- claim_id: 9e3144758b1610fe287dfbd3cb4cc2f2d87ff79a
  claim: Greystone Housing Impact Investors LP incurred credit facility of $84,000,000 with BankUnited, N.A. and ServisFirst Bank at one-month Term SOFR plus 2.75%.
  evidence_excerpt: the Borrower executed two promissory notes (the “Notes”) payable to the order of BankUnited, N.A. and ServisFirst Bank (collectively, the “Lenders”) totaling $84,000,000, which is the principal amount outstanding under the Amended Loan Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1059142/000119312526094066/0001193125-26-094066-index.htm
- claim_id: 621d111a6f8165fedf9c7cf8413f471ba9c9221a
  claim: Greystone Housing Impact Investors LP amended First Amendment to Loan Agreement with BankUnited, N.A. valued at $84,000,000 (effective 2026-02-27).
  evidence_excerpt: entered into a First Amendment to Loan Agreement (the “First Amendment”) with the administrative agent, BankUnited, N.A (as “Administrative Agent”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1059142/000119312526094066/0001193125-26-094066-index.htm

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