America First Multifamily Investors

Greystone Housing Impact Investors LP engages in the acquisition of a portfolio of mortgage revenue bonds that are issued by state and local housing authorities to provide construction and permanent financing for affordable multifamily and student housing and commercial properties. It operates through the following segments: Mortgage Revenue Bond Investments, Multifamily (MF) Properties, Public Housing Capital (PHC) Fund Trusts, and Other Investments. The Mortgage Revenue Bond Investments segment consists of the partnership's portfolio of mortgage revenue bonds which have been issued to provide construction and permanent financing for the residential properties and a commercial property. The MF Properties segment consists of indirect equity interests in multifamily, student housing, and senior citizen residential properties which are not currently financed by mortgage revenue bonds held by partnership but which the partnership eventually intends to finance by such bonds through a restructuring. The Public Housing Capital Fund Trusts segment consists of the assets, liabilities and related income and expenses of the PHC Trusts. The Other Investments segment consists of the operations of ATAX Vantage Holdings, LLC, which holds non-controlling equity investments in certain multifamily projects and has issued property notes receivable due from other multifamily projects. The company was founded on April 2, 1998 and is headquartered in Omaha, NE.

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Greystone Housing Impact Investors LP engages in the acquisition of a portfolio of mortgage revenue bonds that are issued by state and local housing authorities to provide construction and permanent financing for affordable multifamily and student housing and commercial properties. It operates through the following segments: Affordable Multifamily MRB Investment, Seniors and Skilled Nursing MRB Investments, MF Properties and Market-Rate Joint Venture Investments. The Affordable Multifamily MRB Investment segment consists of the Partnership’s portfolio of MRBs, GILs and related property loans that have been issued to provide construction and/or permanent financing for multifamily residential and commercial properties in their market areas. The Seniors and Skilled Nursing MRB Investments segment consists of two MRBs and a property loan that have been issued to provide acquisition, construction and/or permanent financing for seniors housing and skilled nursing properties. The MF Properties segment consists primarily of student housing residential properties that were held by the Partnership. The Market-Rate Joint Venture Investments segment consists of the operations of ATAX Vantage Holdings, LLC, ATAX Freestone Holdings, LLC, ATAX Senior Housing Holdings I, LLC, and ATAX Great Hill Holdings LLC, which make noncontrolling investments in unconsolidated entities for the construction, stabilization, and ultimate sale of market-rate multifamily and seniors housing properties also includes the consolidated VIE of Vantage at San Marcos. The company was founded on April 2, 1998 and is headquartered in Omaha, NE.

OMAHA, Neb., Nov. 22, 2022 (GLOBE NEWSWIRE) -- On November 22, 2022, America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership”) announced the approval of its application to list its beneficial unit certificates representing assigned limited partnership interests (“BUCs”) on the New York Stock Exchange (“NYSE”). As a result, the Partnership intends to voluntarily transfer the listing of the BUCs from the Nasdaq Global Select Market (“Nasdaq”) to the NYSE, and the Partnership has provided written notice to the Nasdaq to that effect. The Partnership previously announced its plans to change the Partnership's legal name to Greystone Housing Impact Investors LP. The Partnership expects to commence trading on the NYSE as Greystone Housing Impact Investors LP upon market open on December 5, 2022, and will trade under the symbol “GHI”. The BUCs will continue to be traded on the Nasdaq Global Select Market under the symbol “ATAX” until the close of trading on December 2, 2022.

America First Multifamily Investors, L.P. Announces Approval to List on the New York Stock Exchange

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OMAHA, Neb., Nov. 07, 2022 (GLOBE NEWSWIRE) -- America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership”) announced plans to change the Partnership's legal name to Greystone Housing Impact Investors LP, with the name change to be effective at a future date. In addition, the Partnership also announced its intent to transfer the listing of its beneficial unit certificates representing assigned limited partnership interests (“BUCs”) from the Nasdaq Global Select Market to the New York Stock Exchange (“NYSE”).

America First Multifamily Investors, L.P. Announces Upcoming Name Change to Greystone Housing Impact Investors LP and Intent to List on the New York Stock Exchange

America First Multifamily Investors, L.P. (NASDAQ:ATAX ) Q3 2022 Earnings Conference Call November 3, 2022 4:30 PM ET Company Participants Ken Rogozinski - Chief Executive Officer Jesse Coury - Chief Financial Officer Conference Call Participants Jason Stewart - JonesTrading Chris Muller - JMP Securities Operator I'd like to welcome everyone to America First Multifamily Investors L.P.

America First Multifamily Investors, L.P. (ATAX) Q3 2022 Earnings Call Transcript

America First (ATAX) delivered earnings and revenue surprises of 29.51% and 20.88%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

America First Multifamily Investors (ATAX) Surpasses Q3 Earnings and Revenue Estimates

OMAHA, Neb., Nov. 03, 2022 (GLOBE NEWSWIRE) -- On November 3, 2022, America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership” or “ATAX”) announced financial results for the three months ended September 30, 2022.

America First Multifamily Investors, L.P. Reports Third Quarter 2022 Results

OMAHA, Neb., Oct. 21, 2022 (GLOBE NEWSWIRE) -- On October 21, 2022, America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership”) announced that Hafize Gaye Erkan has been appointed to the Board of Managers of Greystone AF Manager LLC, the general partner of the general partner of the Partnership (“Greystone Manager”), effective October 24, 2022, replacing Curtis Pollock. In this regard, Ms. Erkan will act in the capacity as a director of the Partnership.

Hafize Gaye Erkan to Join Greystone AF Manager LLC Board of Managers

OMAHA, Neb., Oct. 19, 2022 (GLOBE NEWSWIRE) -- America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership”) announced today that it will host a conference call for investors on Thursday, November 3, 2022 at 4:30 p.m. Eastern Time to discuss the Partnership's Third Quarter 2022 results.

America First Multifamily Investors, L.P. Schedules Third Quarter 2022 Earnings Conference Call for Thursday, November 3, 2022 at 4:30 p.m.

OMAHA, Neb., Oct. 03, 2022 (GLOBE NEWSWIRE) -- America First Multifamily Investors, L.P. (NASDAQ: ATAX) (“the Partnership”) announced today that on October 1, 2022 the Partnership executed an Exchange Agreement to issue 1,000,000 Series A-1 Preferred Units representing limited partnership interests in the Partnership (the “Series A-1 Preferred Units”) to a financial institution in exchange for 1,000,000 previously outstanding Series A Preferred Units representing limited partnership interests in the Partnership (the “Series A Preferred Units”) held by the financial institution. There were no net proceeds or other cash consideration paid to or from the Partnership as a result of the exchange transaction. The stated value of the newly issued Series A-1 Preferred Units is $10,000,000. The Series A-1 Preferred Units were issued in accordance with the Partnership's existing “shelf” registration statement on Form S-4 for the exchange of up to 9,450,000 of previously issued Series A Preferred Units.

America First Multifamily Investors, L.P. Issues 1,000,000 Series A-1 Preferred Units in Exchange Transaction

OMAHA, Neb., Sept. 29, 2022 (GLOBE NEWSWIRE) -- On September 29, 2022, America First Multifamily Investors, L.P. (NASDAQ: ATAX) announced an update to its previously announced supplemental distribution payable in the form of additional Beneficial Unit Certificates (“BUC” or “BUCs”) at a ratio of 0.01044 BUCs for each issued and outstanding BUC, payable on October 31, 2022 to all BUC holders of record as of the close of trading on September 30, 2022. No fractional BUCs will be issued in connection with the supplemental distribution. As updated, all fractional BUCs resulting from the distribution will receive cash for such fraction based on the market value of the BUCs on the record date.

America First Multifamily Investors, L.P. Announces Update to Supplemental BUCs Distribution

OMAHA, Neb., Sept. 14, 2022 (GLOBE NEWSWIRE) -- On September 14, 2022, America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership” or “ATAX”) announced that the Board of Managers of Greystone AF Manager LLC (“Greystone Manager”) declared a distribution to the Partnership's Beneficial Unit Certificate (“BUC”) holders of $0.57 per BUC. The distribution consists of a regular quarterly cash distribution of $0.37 per BUC plus a supplemental distribution payable in the form of additional BUCs equal in value to $0.20 per BUC. The supplemental distribution will be paid at a ratio of 0.01044 BUCs for each issued and outstanding BUC as of the record date, which represents an amount per BUC based on the closing price of the BUCs on the Nasdaq Stock Market LLC on September 13, 2022 of $19.15 per BUC. No fractional BUCs will be issued in connection with the supplemental distribution, as all fractional BUCs resulting from the distribution with a fraction equal to or above 0.5 will be rounded up to the next higher BUC, and fractional BUCs with a fraction less than 0.5 will receive cash for such fraction based on the market value of the BUCs on the record date. The Partnership expects to issue an aggregate of approximately 230,500 BUCs in the supplemental distribution.

America First Multifamily Investors, L.P. Announces Regular Quarterly Cash Distribution and Supplemental BUCs Distribution

OMAHA, Neb., Aug. 29, 2022 (GLOBE NEWSWIRE) -- On August 29, 2022, America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership”) announced that investor information on 2021 Schedule K-3 reflecting items of international tax relevance is available online. Unitholders requiring this information may access their Schedules K-3 at www.taxpackagesupport.com/atax . A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on Schedule K-3 for their specific tax reporting requirements. To the extent Schedule K-3 is applicable to your federal income tax return filing needs, we encourage you to review the information contained on this form and refer to the appropriate federal laws and guidance or consult with your tax advisor. To receive an electronic copy of your Schedule K-3 via email, unitholders may call Tax Package Support toll free at (833) 608-3512.

America First Multifamily Investors, L.P. Announces Release of Schedule K-3

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America First Multifamily Investors, L.P. (NASDAQ:ATAX ) Q2 2022 Earnings Conference Call August 4, 2022 4:30 PM ET Company Participants Ken Rogozinski - Chief Executive Officer Jesse Coury - Chief Financial Officer Conference Call Participants Jason Stewart - JonesTrading Chris Muller - JMP Securities Operator I would like to welcome everyone to America First Multifamily Investors L.P.

America First Multifamily Investors, L.P. (ATAX) CEO Ken Rogozinski on Q2 2022 Results - Earnings Call Transcript

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America First Multifamily Investors (ATAX) Q2 Earnings Meet Estimates

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America First Multifamily Investors: A Big Quarter For This High Yielder

OMAHA, Neb., Aug. 04, 2022 (GLOBE NEWSWIRE) -- On August 4, 2022, America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership” or “ATAX”) announced its financial results for the three months ended June 30, 2022.

America First Multifamily Investors, L.P. Reports Second Quarter 2022 Results

OMAHA, Neb., Aug. 01, 2022 (GLOBE NEWSWIRE) -- On July 29, 2022, America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership”) entered into a Second Amendment to Amended and Restated Credit Agreement (the “Second Amendment”) with Bankers Trust Company (“Bankers Trust”) which modifies certain provisions of the Amended and Restated Credit Agreement between the Partnership and Bankers Trust dated August 23, 2021. The Second Amendment extends the maturity date of the Partnership's $50 million secured, non-operating line of credit (the “Line of Credit”) to June 30, 2024 and provides the Partnership with two optional one-year extensions, subject to certain conditions and fees. The Second Amendment also modified, among other things, certain financial covenants, events of default, and certain restricted payment provisions to be consistent with the Partnership's other secured financing arrangements. The Partnership also entered into a new Revolving Line of Credit Note which bears interest at the 1-Month CME Term SOFR Reference Rate, which shall not be less than 0.10%, plus 2.50%.

America First Multifamily Investors, L.P.'s $50 Million Line of Credit Extended and Amended

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OMAHA, Neb., July 20, 2022 (GLOBE NEWSWIRE) -- America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership”) announced today that on July 18, 2022, Vantage at Westover Hills, a 288-unit market rate multifamily property located in San Antonio, TX, was sold at the direction of the managing member of Vantage at O'Connor LLC (the “Property Owner”). The Partnership's investment in the property was originated in October 2019 and the Partnership contributed equity totaling $7.4 million during construction. As a result of the sale, the Partnership's equity investment in the Property Owner was redeemed. At closing of the sale, the Partnership received net cash of approximately $19.4 million, inclusive of the return of its contributed equity. The Partnership will recognize the following in the third quarter of 2022:

America First Multifamily Investors, L.P. Announces Sale of Vantage at O'Connor

OMAHA, Neb., July 18, 2022 (GLOBE NEWSWIRE) -- America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership”) announced today that it will host a conference call for investors on Thursday, August 4, 2022 at 4:30 p.m. Eastern Time to discuss the Partnership's Second Quarter 2022 results.

America First Multifamily Investors, L.P. Schedules Second Quarter 2022 Earnings Conference Call for Thursday, August 4, 2022 at 4:30 p.m.

OMAHA, Neb., June 15, 2022 (GLOBE NEWSWIRE) -- On June 15, 2022, America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership” or “ATAX”) announced that the Board of Managers of Greystone AF Manager LLC (“Greystone Manager”) declared a cash distribution to the Partnership's Beneficial Unit Certificate (“BUC”) holders of $0.57 per BUC. The distribution consists of a regular quarterly distribution of $0.37 per BUC plus a supplemental distribution of $0.20 per BUC. The distribution is payable on July 29, 2022 to BUC holders of record as of the close of trading on June 30, 2022. The BUCs will trade ex-distribution as of June 29, 2022.

America First Multifamily Investors, L.P. Announces 12% Increase in Quarterly Distribution and a Supplemental Distribution

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We had a neutral opinion on ATAX when we last covered it. We look at the company again after Q1-2022 and note how it can be an alternative to both mortgage REITs and Muni Bond funds.

America First: A Unique Alternative To Mortgage REITs And Muni Bonds

OMAHA, Neb., May 17, 2022 (GLOBE NEWSWIRE) -- America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership”) announced today that on May 11, 2022, Vantage at Westover Hills, a 288-unit market rate multifamily property located in San Antonio, TX, was sold at the direction of the managing member of Vantage at Westover Hills LLC (the “Property Owner”). The Partnership's investment in the property was originated in January 2020 and the Partnership contributed equity totaling approximately $7.3 million during construction. As a result of the sale, the Partnership's equity investment in the Property Owner was redeemed. At closing of the sale, the Partnership received net cash of approximately $20.9 million, inclusive of the return of its contributed equity. The Partnership will recognize the following in the second quarter of 2022:

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