Greystone Launches $25M Offering for Community Investments

Greystone Housing Impact Investors (GHI) has provided an announcement.

Greystone Housing Impact Investors LP is launching a registered offering of beneficial unit certificates valued at up to $25 million, targeting regulated financial institutions for investment credits under the Community Reinvestment Act. These proceeds will be used to acquire mortgage revenue bonds for financing various properties considered as community development investments. The BUCs will be sold without intermediaries at a 2% discount, based on the latest New York Stock Exchange closing price, and are available through a shelf Registration Statement and a prospectus supplement from the SEC’s website or directly from the partnership.

For a thorough assessment of GHI stock, go to TipRanks’ Stock Analysis page.