Greystone Housing Impact Investors LP reported net income of $2.0 million, or $0.03 per Beneficial Unit Certificate (BUC), and Cash Available for Distribution (CAD) of $4.6 million, or $0.20 per BUC, for the third quarter ended September 30, 2025. Total assets were $1.5 billion. During the quarter, the partnership advanced and acquired approximately $27.5 million in mortgage revenue bond (MRB), taxable MRB, taxable government-insured loan $(GIL)$, and property loan investments, while redemptions and paydowns of MRB investments totaled $29.0 million. Advances to market-rate joint venture equity investments were approximately $0.4 million. Greystone announced a shift in strategy to reduce capital allocation to joint venture equity investments in market rate multifamily properties, with future capital redeployment focused primarily on tax-exempt MRB investments. The partnership is also assessing the potential impact of this strategy change on future earnings and unitholder distributions.