Welcome to our dedicated page for Greystone Housing Impact Investors SEC filings (Ticker: GHI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings of Greystone Housing Impact Investors LP (NYSE: GHI) provide detailed insight into its operations as a limited partnership focused on mortgage revenue bonds and related housing finance investments. Through annual reports on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K, the Partnership discloses information about its portfolio of mortgage revenue bonds, governmental issuer loans, property loan investments, and joint venture equity stakes in multifamily and seniors housing properties.
On this page, investors can review 8-K filings that describe material events such as entry into or termination of material definitive agreements, new loan agreements used to finance acquisitions of multifamily residential properties, issuance of Series B Preferred Units under a shelf registration statement, changes in independent registered public accounting firms, and declarations of regular quarterly cash distributions to Beneficial Unit Certificate holders.
The Partnership’s filings also outline financing and covenant structures, including secured revolving lines of credit, acquisition credit facilities, and guaranty arrangements in which the Partnership guarantees obligations of its subsidiaries. These documents describe interest rate terms, hedging requirements using interest rate swaps, debt service coverage ratio tests, minimum liquid asset and net worth covenants, and other conditions that affect the Partnership’s leverage and liquidity.
Stock Titan’s platform surfaces these filings with AI-powered summaries that highlight key points from lengthy documents, helping readers quickly understand how new agreements, capital raises, or changes in auditor relationships may affect GHI. Users can reference Forms 10-K and 10-Q for comprehensive discussions of risk factors, segment information, and accounting policies, while 8-Ks and registration statements such as Form S-3 provide transaction-specific detail on preferred unit issuances and other capital markets activity.
Greystone Housing Impact Investors LP announced it will host a conference call on May 12, 2026 at 9:00 a.m. Eastern Time to discuss its First Quarter 2026 results. Investors can join via toll-free dial-in or international numbers, or listen through a live webcast on the Partnership’s website. A replay will be available on its investor relations site. The Partnership focuses on acquiring and managing mortgage revenue bonds that finance affordable multifamily, seniors, and student housing, generally seeking interest income that is excludable from gross income for federal income tax purposes.
Greystone Housing Impact Investors LP declared a regular quarterly cash distribution of $0.14 per Beneficial Unit Certificate (BUC), payable on April 30, 2026 to holders of record as of March 31, 2026, with BUCs trading ex-distribution on March 31.
For the fourth quarter of 2025, the Partnership reported a net loss of $2.6 million, or $(0.17) per BUC, and Cash Available for Distribution (CAD) of $2.8 million, or $0.12 per BUC, on total revenues of $17.2 million. Total assets were $1.50 billion, including $1.15 billion of mortgage revenue bond and governmental issuer loan investments.
Management is repositioning the portfolio away from market-rate multifamily joint venture equity into primarily tax-exempt mortgage revenue bonds. In early 2026, the Partnership acquired four South Carolina multifamily properties via deed in lieu of foreclosure tied to $119.9 million of original MRB investments, repaid $95.9 million of TOB financings, and obtained a new $84.0 million mortgage loan secured by the properties.
Greystone Housing Impact Investors LP filed a current report outlining several investor updates. The partnership announced it will host a conference call on March 19, 2026 at 4:30 p.m. Eastern Time to discuss its Fourth Quarter 2025 results, with both phone and webcast access available.
It also notified investors that Tax Year 2025 Schedule K‑1 forms are now accessible electronically via the Tax Package Support website, with paper copies to be mailed unless paperless delivery was elected. In addition, the partnership reported that it filed its Form 10‑K for the year ended December 31, 2025, which is available online and by free hard‑copy request.
The press release reiterates the partnership’s focus on acquiring and managing mortgage revenue bonds financing affordable multifamily, seniors, and student housing, using leverage and interest rate risk management tools while emphasizing that interest on these bonds is generally expected to be federally tax‑exempt.
Greystone Housing Impact Investors LP focuses on financing affordable multifamily and seniors housing, primarily through tax-exempt mortgage revenue bonds (MRBs) and governmental issuer loans (GILs). As of December 31, 2025, MRB investments totaled $987,519,370 of principal across 84 bonds, while GIL investments totaled $138,757,835 across 4 loans.
The partnership also holds taxable MRBs and GILs, property loans, and joint venture equity stakes in market-rate and seniors housing developments, and began owning multifamily properties via deed in lieu of foreclosure in early 2026. It targets an overall leverage ratio up to 80%; the ratio was about 75% at year-end 2025.
Greystone uses lines of credit, Freddie Mac TEBS structures, tender option bond trusts, and securitizations to finance assets, and actively hedges interest-rate risk, including $294.5 million of interest rate swaps outstanding at year-end. A Form S-3 shelf allows issuance of up to $200.0 million of BUCs, preferred units, or debt securities, supplementing existing Series A-1 and Series B Preferred Units. The filing outlines detailed risk factors spanning interest rates, credit performance of underlying properties, leverage, regulatory status, and tax considerations.
Greystone Housing Impact Investors LP reported weaker results for 2025 and the fourth quarter while advancing a shift in strategy. For the three months ended December 31, 2025, it recorded a net loss of $2.6 million, or $(0.17) per Beneficial Unit Certificate (BUC), and Cash Available for Distribution (CAD) of $2.8 million, or $0.12 per BUC. Total assets were $1.5 billion, including $1.15 billion of mortgage revenue bond (MRB) and governmental issuer loan (GIL) investments. For the full year 2025, the Partnership reported a net loss of $7.6 million, or $(0.52) per BUC, with CAD of $19.1 million, or $0.82 per BUC. In December 2025 the Board declared a quarterly cash distribution of $0.25 per BUC, paid January 30, 2026. Management is reducing exposure to market-rate multifamily joint venture equity investments and plans to redeploy capital primarily into tax-exempt MRBs, aiming for more stable earnings and a higher share of tax-advantaged income over time. During the fourth quarter, advances and acquisitions of MRB, taxable MRB, taxable GIL and property loan investments totaled approximately $39.2 million, while redemptions and paydowns of GIL investments totaled approximately $12.1 million. In early 2026, the Partnership acquired four South Carolina multifamily properties via deeds in lieu of foreclosure on MRBs with original balances of $119.9 million, repaid related TOB trust financings of about $95.9 million, and obtained a new $84.0 million mortgage loan secured by the properties. All MRB and GIL investments were current on principal and interest as of December 31, 2025, and interest rate hedges generated net receipts of about $660,000 for the quarter and $3.2 million for the year.
Greystone Housing Impact Investors subsidiaries amended an existing loan agreement and confirmed total notes of $84,000,000 with BankUnited, N.A. and ServisFirst Bank. The amendment updates definitions, adds post-closing pledgors, adjusts extension terms, and tightens financial covenants, including required debt service coverage ratios of 1.00:1.00 and 1.05:1.00 as of February 15, 2027 and June 30, 2027.
The lenders advanced additional principal of $42,000,000, which financed the acquisition of Windsor Shores Apartments in Columbia, SC and Century Plaza Apartments in Greenville, SC, both affordable multifamily properties. These assets were taken via deed in lieu of foreclosure after prior mortgage revenue bond defaults. The notes bear interest at one‑month Term SOFR plus 2.75% and are hedged with swap agreements covering the full $84,000,000 principal.
Greystone Housing Impact Investors LP filed an amended current report to fix a missing hyperlink to a previously issued press release. The amendment does not change any other disclosures.
The filing reiterates that on January 14, 2026, GHI GP Holdings LLC, as sole member of Greystone AF Manager LLC, appointed Alfonso Costa Jr. to the Greystone AF Manager LLC Board of Managers, effective January 15, 2026. In this role, he will act in the capacity of a director of the Partnership.
Because of an existing advisory relationship with an affiliated entity, the board determined that Mr. Costa does not meet New York Stock Exchange and SEC independence standards. The filing states there is no arrangement or understanding behind his appointment and no related-party transactions requiring disclosure. It provides extensive biographical details on his real estate and government experience and notes that his appointment was announced in a January 20, 2026 press release.
Greystone Housing Impact Investors LP reported a leadership change related to its governance structure. On January 14, 2026, GHI GP Holdings LLC, as sole member of Greystone AF Manager LLC, appointed Alfonso Costa Jr. to the Board of Managers of Greystone AF Manager LLC, effective January 15, 2026. In this role, he will act in the capacity of a director of the Partnership.
The board determined that Mr. Costa does not meet the New York Stock Exchange and SEC independence standards because of a current advisory relationship with an affiliated entity of Greystone AF Manager LLC. The filing states there is no arrangement or understanding with any other person regarding his appointment and no related-party transactions requiring disclosure. The report includes Mr. Costa’s background in real estate development and prior leadership roles at the U.S. Department of Housing and Urban Development, as well as his board and industry affiliations. A press release announcing his appointment is filed as an exhibit.
Greystone Housing Impact Investors LP disclosed that several South Carolina subsidiaries entered into a new Loan Agreement of up to $84,000,000 with BankUnited, N.A. On closing, the borrower issued an initial Note for $42,000,000, and those proceeds were used to acquire two rehabilitated affordable multifamily properties in Greenville and Spartanburg, South Carolina that the partnership previously held as bond collateral and then obtained via deed in lieu of foreclosure.
The facility matures on December 31, 2027, carries a floating rate of one‑month Term SOFR plus 2.75%, and may be extended one year subject to fees and performance tests. It is secured by mortgages and related collateral on the acquired properties and any future post‑closing properties, and requires full interest‑rate hedging via swap agreements.
Greystone Housing Impact Investors LP provided an absolute and unconditional guaranty of the borrower’s obligations, with covenants to maintain at least $6,250,000 in liquid assets (or $7,500,000 if requested under an existing line of credit) and net worth of at least $200,000,000. Affiliate Greystone Select Incorporated added a separate guaranty of $8,400,000, subject to financial covenants on liquidity, net worth, and leverage.
Greystone Housing Impact Investors LP declared a regular quarterly cash distribution of $0.25 per Beneficial Unit Certificate (BUC) for its unitholders. The distribution was approved by the Board of Managers of Greystone AF Manager LLC, which is the general partner of the Partnership’s general partner.
The cash distribution will be paid on January 30, 2026 to BUC holders of record as of the close of trading on December 31, 2025, and the BUCs will trade ex-distribution as of that date. The Partnership also issued a press release with further details, included as Exhibit 99.1.