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 1.01 Entry into a Material Definitive Agreement.

On May 22, 2017, America First Multifamily Investors, L.P. (the
Partnership) entered into a Fourth Amendment to Credit Agreement
(the Fourth Amendment) with Bankers Trust Company (Bankers Trust)
which modifies certain provisions of the Credit Agreement
executed between the Partnership and Bankers Trust on May 14,
2015, as amended by the First Amendment to Credit Agreement (the
First Amendment) dated January 7, 2016, the Second Amendment to
Credit Agreement (the Second Amendment) dated February 10, 2016,
and the Third Amendment to Credit Agreement (the Third Amendment)
dated November 14, 2016 (the Credit Agreement). In connection
with the Fourth Amendment, the Partnership was required to pay
Bankers Trust an extension fee in the amount of $100,000 and an
administration fee of $25,000. The material amendments to the
Credit Agreement included in the Fourth Amendment are as follows:

Section 2.1 was amended to extend the Maturity Date to
May 14, 2019.

Section 6.1 was amended to not allow advances under the
Credit Agreement to be used to redeem or pay
distributions to the holders of the Partnerships Series A
Preferred Units.

Section 6.6 was added and allows the Partnership to issue
up to $120 million of Series A Preferred Units without
prior approval by Bankers Trust.

The foregoing descriptions of the Fourth Amendment are summaries
and are qualified in their entirety by reference to the full text
of the Fourth Amendment, a copy of which is attached as Exhibit
10.1 to this Current Report on Form 8-K and incorporated by
reference herein.

In addition, the full text of the Credit Agreement, a copy of
which is attached as Exhibit 10.1 to the Current Report on Form
8-K filed by the Partnership with the Securities and Exchange
Commission (SEC) on May 20, 2015, the First Amendment and
associated waiver letter which are attached as Exhibits 10.1 and
10.2, respectively, to the Current Report on Form 8-K filed by
the Partnership with the SEC on January 13, 2016, the Second
Amendment which is attached as Exhibit 10.1 to the Current Report
on Form 8-K filed by the Partnership with the SEC on February 17,
2016, and the Third Amendment which is attached as Exhibit 10.1
to the Current Report on Form 8-K filed by the Partnership with
the SEC on November 18, 2016, are incorporated by reference
herein,.

Item 9.01 Financial Statements and Exhibits.

(a) Not applicable.

(b) Not applicable.

(c) Not applicable.

(d) Exhibits.

Exhibit No.

Description

10.1

Fourth Amendment to Credit Agreement dated May 22, 2017
between America First Multifamily Investors, L.P. and
Bankers Trust Company.

99.1

Press Release dated May 25, 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 up +0.05 at 5.85 with 81,549 shares trading hands.

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