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America First Multifamily Investors LP engages in the acquisition of a portfolio of mortgage revenue bonds that are issued by state and local housing authorities to provide construction and permanent financing for affordable multifamily and student housing and commercial properties. It operates through the following business segments: Mortgage Revenue Bond Investments, Multifamily (MF) Properties, Public Housing Capital (PHC) Fund Trusts, and Other Investments. Read More The Mortgage Revenue Bond Investments segment consists of the partnership's portfolio of mortgage revenue bonds which have been issued t provide construction and 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 currently financed by mortgage revenue bonds held by partnership but which the partnership eventually intends to finance by such bonds through a restructuring. The Public Housing Capital Fund Trusts segment consists of the assets, liabilities and related income and expenses of the PHC Trusts. The Other Investments segment is comprised of the operations of ATAX Vantage Holdings, LLC, which holds non-controlling equity investments in certain multifamily projects and has issued property notes receivable due from other multifamily projects. The company was founded on April 2, 1998 and is headquartered in Omaha, NE.
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Yahoo FinanceMay 3
America First Multifamily Investors, L.P. Reports 7.3% Increase in Total Revenue to $17.7 million in First Quarter 2019
OMAHA, Neb., May 03, 2019 (GLOBE NEWSWIRE) -- On May 3, 2019, America First Multifamily Investors, L.P. (ATAX) (the “Partnership”) reported the following results for the first quarter ended March 31, 2019, as compared to the first quarter 2018: Total revenue increased approximately $1.2 million, or 7.3%, to $17.7 million in the first quarter 2019; Net income, basic and diluted, decreased by $0.01 per Beneficial Unit Certificate (“BUC”), or 11.1%, to $0.08 per BUC in the first quarter 2019; and Cash Avail...
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