For the quarter ending 2025-09-30, GHI had -$8,951,536 decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 1,968,155 | -3,744,702 |
| Depreciation and amortization expense | - | 6,188 |
| Depreciation expense | 7,523 | - |
| Amortization of deferred financing costs | 345,384 | 768,696 |
| Gain on sale of investments in unconsolidated entities | 0 | 200,736 |
| (earnings) losses from investments in unconsolidated entities | 1,318,993 | 1,759,327 |
| Contingent interest realized on investing activities | 0 | -208,059 |
| Provision for credit losses | 534,084 | 8,880,734 |
| Adjustment of prior credit loss | 11,060 | -62,224 |
| Losses on derivative instruments, net of cash paid | -711,193 | -6,173,941 |
| Restricted unit compensation expense | 747,560 | 739,322 |
| Bond premium, discount and acquisition fee amortization | 12,880 | 192,848 |
| Debt premium amortization | -10,066 | -20,168 |
| Deferred income tax benefit & income tax payable/receivable | -9,991 | -12,884 |
| Change in preferred return receivable from unconsolidated entities, net | 779,422 | -8,438,904 |
| Decrease in interest receivable | 217,473 | -400,555 |
| (increase) decrease in other assets | 528,951 | 565,196 |
| Increase (decrease) in accounts payable, accrued expenses and other liabilities | 4,289,981 | -2,142,588 |
| Net cash provided by operating activities | 8,372,602 | 20,528,406 |
| Advances on mortgage revenue bonds | 14,600,000 | 36,772,100 |
| Advances on taxable mortgage revenue bonds | 6,023,250 | 8,200,000 |
| Advances on governmental issuer loans | 0 | 18,978,207 |
| Advances on taxable governmental issuer loans | 6,280,493 | 37,141,300 |
| Advances on property loans | 596,085 | 6,623,733 |
| Contributions to unconsolidated entities | 383,034 | 11,074,707 |
| Proceeds from sale of land held for development | 0 | 1,354,127 |
| Proceeds from sale of investments in unconsolidated entities | 0 | 24,191,287 |
| Return of investments in unconsolidated entities | 2,724 | 2,400,696 |
| Principal payments received on mortgage revenue bonds and contingent interest | 30,538,195 | 41,575,145 |
| Principal payments received on governmental issuer loans | 0 | 116,822,594 |
| Proceeds from sale of governmental issuer loan to construction lending jv | 0 | 6,500,000 |
| Principal payments received on taxable mortgage revenue bonds | 218,500 | 356,769 |
| Principal payments received on taxable governmental issuer loans | 0 | 12,700,000 |
| Proceeds from sale of taxable governmental issuer loan to construction lending jv | 0 | 1,000,000 |
| Principal payments received on property loans | 0 | 8,386,000 |
| Net cash provided by (used in) investing activities | 2,876,557 | 96,496,571 |
| Distributions paid | 8,259,351 | 19,232,462 |
| Proceeds from debt financing | 16,990,000 | 82,930,000 |
| Principal payments on debt financing | 26,393,568 | 146,601,820 |
| Principal payments on mortgages payable | 0 | 1,354,127 |
| Principal borrowing on secured lines of credit | 5,000,000 | 5,000,000 |
| Principal payments on secured lines of credit | 7,550,000 | 29,852,000 |
| Proceeds upon issuance of redeemable preferred units | 0 | 20,000,000 |
| Debt financing and other deferred costs paid | -12,224 | 651,449 |
| Net cash provided by (used in) financing activities | -20,200,695 | -89,761,858 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | -8,951,536 | 27,263,119 |
| Cash and cash equivalents at beginning of period | 31,305,671 | - |
| Cash and cash equivalents at end of period | 49,617,254 | - |
Greystone Housing Impact Investors LP (GHI)
Greystone Housing Impact Investors LP (GHI)