On December 13, 2023, Greystone Housing Impact Investors LP (the Partnership) announced that the Board of Managers of Greystone AF Manager LLC, which is the general partner of the Partnership?s general partner, America First Capital Associates Limited Partnership Two, declared a regular quarterly cash distribution to the Partnership?s Beneficial Unit Certificate (BUC) holders of $0.37 per BUC (the Cash Distribution). In addition, the Board declared a supplemental distribution payable in the form of additional BUCs equal to $0.07 per BUC (the Supplemental BUCs Distribution). The Supplemental BUCs Distribution will be paid at a ratio of 0.00415 BUCs for each BUC outstanding on the record date, which represents an amount per BUC based on the closing price of the BUCs on the New York Stock Exchange on December 12, 2023 of $16.87 per BUC.

The Cash Distribution and the Supplemental BUCs Distribution will be paid on January 31, 2024 to all BUC holders of record as of the close of trading on December 29, 2023. The BUCs will trade ex-distribution as of December 28, 2023.