Business Context and Reporting Period
This Form 8-K is a current report filed by Greystone Housing Impact Investors LP on September 16, 2026. The filing announces a corporate event regarding a quarterly cash distribution to holders of Beneficial Unit Certificates (BUCs) trading on the New York Stock Exchange under the symbol GHI.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The only specific financial figure disclosed is the declared distribution:
- Quarterly Cash Distribution: $0.14 per BUC.
- Record Date: September 30, 2026.
- Payment Date: October 30, 2026.
- Ex-Distribution Date: September 30, 2026.
Material Changes
The filing reports the declaration of a regular quarterly cash distribution by the Board of Managers of Greystone AF Manager LLC. No material changes to the company's financial position, operations, or capital structure are detailed in this specific report beyond the distribution announcement.
Guidance, Outlook, and Risks
The filing includes standard forward-looking statements and a comprehensive list of risk factors that could cause actual results to differ from expectations. Key risks identified include:
- Market and Economic Conditions: Impact of changing interest rates, inflation, geopolitical conflicts (including Russia-Ukraine and Middle East conflicts), and general macroeconomic uncertainty.
- Real Estate Sector: Risks associated with multifamily, student, senior citizen, and commercial property investments, including pressures in the commercial real estate sector and regional unemployment rates.
- Regulatory and Tax: Potential legislative changes to Low Income Housing Tax Credits (Section 42 of the Internal Revenue Code) and tax credit recapture events.
- Financing: Ability to access debt and equity capital, refinance current maturities, and the success of hedging strategies against interest rate changes.
- Technology: Risks related to the development and use of artificial intelligence (AI).
Investor Verification Checklist
- Verify the ex-distribution date of September 30, 2026, to determine eligibility for the $0.14 per BUC payment.
- Confirm the payment date of October 30, 2026, for cash flow planning.
- Review the attached Press Release (Exhibit 99.1) for any additional context on the distribution declaration.
- Consult the most recent Form 10-K or 10-Q for detailed financial statements, as this 8-K does not contain revenue, profit, or balance sheet data.
- Monitor updates regarding Low Income Housing Tax Credit legislation and interest rate environments, as these are cited as material risks.