AMERICA FIRST MULTIFAMILY INVESTORS, L.P. (NASDAQ:ATAX) Files An 8-K Other Events
Item 8.01Other Events.
On March 8, 2017, America First Multifamily Investors, L.P. (the
Partnership) issued a press release announcing that the Board of
Managers of Burlington Capital LLC, which is the general partner
of the Partnerships general partner, has authorized a new unit
repurchase program for up to 254,656 of the Partnerships
outstanding beneficial unit certificates representing assigned
limited partnership interests (BUCs).The Partnership is not
obligated to repurchase any dollar amount or specific number of
its BUCs under the program, which may be suspended or
discontinued at any time.The amount, timing, and price of
purchases will depend on market conditions and other factors.The
Partnership had a previous repurchase program originally
authorized in August 2016, to which the Partnership was
authorized to repurchase up to 272,307 BUCs.The Partnership has
repurchased all 272,307 BUCs under that earlier authorization,
and thus the prior repurchase program has been successfully
completed.
A copy of the press release announcing the new unit repurchase
program is attached hereto as Exhibit 99.1 and is 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 |
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99.1 |
Press Release dated March 8, 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 5.55 with 97,002 shares trading hands.