AMERICA FIRST MULTIFAMILY INVESTORS, L.P. (NASDAQ:ATAX) Files An 8-K Entry into a Material Definitive Agreement

AMERICA FIRST MULTIFAMILY INVESTORS, L.P. (NASDAQ:ATAX) Files An 8-K Entry into a Material Definitive Agreement

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Item 1.01Entry into a Material Definitive Agreement.

On March 31, 2017, America First Multifamily Investors, L.P. (the
Partnership) issued, in a private placement, an additional
1,000,000 Series A Preferred Units representing limited
partnership interests in the Partnership (the Preferred Units),
to a follow-on subscription agreement with a financial
institution, which is an existing investor in the Preferred
Units, resulting in $10 million in aggregate proceeds to the
Partnership (the Subsequent Closing).As previously disclosed, the
Preferred Units are being issued to a private placement of up to
a maximum of 10 million Preferred Units at a subscription price
of $10.00 per Preferred Unit, in reliance upon an exemption from
the registration requirements of the Securities Act of 1933, as
amended (the Securities Act), to Section 4(a)(2) thereof and Rule
506(b) of Regulation D promulgated thereunder (the Private
Placement).The Subsequent Closing is on substantially the same
terms as the Private Placement described in the Partnerships
Current Report on Form 8-K filed with the Securities and Exchange
Commission on March 31, 2016 and incorporated by reference
herein.

The Partnership will use the proceeds received in the Subsequent
Closing to acquire mortgage revenue bonds that are issued by
state and local housing authorities to provide construction
and/or permanent financing for affordable multifamily and student
housing and commercial properties that are likely to receive
consideration as qualified investments under the Community
Reinvestment Act of 1977, as amended.In addition, the Partnership
will use the proceeds to acquire other allowable investments as
provided for in the Partnerships Amended and Restated Agreement
of Limited Partnership.

Item 3.02Unregistered Sales of Equity Securities.

The information regarding the Subsequent Closing and Private
Placement set forth in Item 1.01 of this Current Report on Form
8-K is incorporated by reference into this Item 3.02.The Private
Placement of the Preferred Units, including the Subsequent
Closing, has been undertaken in reliance upon an exemption from
the registration requirements of the Securities Act to Section
4(a)(2) thereof and Rule 506(b) of Regulation D promulgated
thereunder.

Item 9.01 Financial Statements and Exhibits.

(a) Not applicable.

(b) Not applicable.

(c) Not applicable.

(d) Exhibits.

Exhibit No.

Description

99.1

Press Release dated April 3, 2017.


About AMERICA FIRST MULTIFAMILY INVESTORS, L.P. (NASDAQ:ATAX)

America First Multifamily Investors, L.P. is engaged in acquiring, holding, selling and dealing with a portfolio of mortgage revenue bonds, which have been issued to provide construction and/or permanent financing for multifamily and student housing (collectively Residential Properties) and commercial properties. Its segments are Mortgage Revenue Bond Investments, MF Properties, Public Housing Capital Fund Trusts and mortgage-backed securities (MBS) Investments. Its Mortgage Revenue Bond Investments segment consists of its portfolio of mortgage revenue bonds, which have been issued to provide construction and/or permanent financing for the residential properties and a commercial property. The MF Properties segment consists of indirect equity interests in multifamily, student housing, and senior citizen residential properties, which are not financed by mortgage revenue bonds held by the Company, but which it intends to finance by such bonds through a restructuring.

AMERICA FIRST MULTIFAMILY INVESTORS, L.P. (NASDAQ:ATAX) Recent Trading Information

AMERICA FIRST MULTIFAMILY INVESTORS, L.P. (NASDAQ:ATAX) closed its last trading session 00.00 at 5.60 with 62,971 shares trading hands.

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