Greystone Housing Impact Investors LP
For the period ended Mar 31, 2024. Filed May 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 8, 2024
GHI$4.31-2.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
| March 31, 2024 | December 31, 2023 | |
|---|---|---|
| Assets: | ||
| Cash and cash equivalents | $56,255,270 | $37,918,237 |
| Restricted cash | 14,672,102 | 9,815,909 |
| Interest receivable, net | 7,846,857 | 8,265,901 |
| Mortgage revenue bonds held in trust, at fair value (Note 4) | 922,468,164 | 883,030,786 |
| Mortgage revenue bonds, at fair value (Note 4) | 20,277,433 | 47,644,509 |
| Governmental issuer loans | ||
| Governmental issuer loans held in trust (Note 5) | 205,557,300 | 222,947,300 |
| Allowance for credit losses (Note 10) | (1,166,000) | (1,294,000) |
| Governmental issuer loans, net | 204,391,300 | 221,653,300 |
| Property loans | ||
| Property loans (Note 6) | 53,306,414 | 122,556,204 |
| Allowance for credit losses (Note 10) | (1,628,000) | (2,048,000) |
| Property loans, net | 51,678,414 | 120,508,204 |
| Investments in unconsolidated entities (Note 7) | 145,130,907 | 136,653,246 |
| Real estate assets, net (Note 8) | 4,716,140 | 4,716,140 |
| Other assets (Note 9) | 25,982,910 | 43,194,470 |
| Total Assets | $1,453,419,497 | $1,513,400,702 |
| Liabilities: | ||
| Accounts payable, accrued expenses and other liabilities (Note 11) | $20,862,915 | $22,958,088 |
| Distribution payable | 8,672,287 | 8,584,292 |
| Secured lines of credit (Note 12) | 16,500,000 | 33,400,000 |
| Debt financing, net (Note 13) | 978,475,088 | 1,015,030,066 |
| Mortgages payable, net (Note 14) | 1,690,000 | 1,690,000 |
| Total Liabilities | 1,026,200,290 | 1,081,662,446 |
| Commitments and Contingencies (Note 16) | ||
| Redeemable Preferred Units, $87.5 million redemption value, 8.8 million issued and outstanding, net (Note 17) | 87,389,526 | 82,431,548 |
| Partnersʼ Capital: | ||
| General Partner (Note 1) | 438,671 | 543,977 |
| Beneficial Unit Certificates ("BUCs," Note 1) | 339,391,010 | 348,762,731 |
| Total Partnersʼ Capital | 339,829,681 | 349,306,708 |
| Total Liabilities and Partnersʼ Capital | $1,453,419,497 | $1,513,400,702 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.