04:37 PM EDT, 07/07/2025 (MT Newswires) -- Greystone Housing Impact (GHI) said Monday that it signed an agreement with five institutional investors for $80 million line of credit.
The deal replaces the prior credit agreement with Bankers Trust that had a maximum commitment of $50 million, according to Greystone.
The line of credit provides temporary financing for the company's investment purchases, Greystone added.
The company said it will repay advances under the line of credit with traditional debt financing sources, including tender option bonds or similar transactions.