America First Multifamily Investors(hdmi wireless)
(NASDAQ:ATAX) ( Partnership entered into a Subscription Agreement to issue Series A Preferred Units representing limited partnership interests in the Partnership (the A Preferred Units resulting in $10,000,000 in aggregate proceeds to the Partnership. The Series A Preferred Units (which are non cumulative, non convertible and non voting) are a new class of limited partnership interests in the Partnership and are being issued pursuant to a private placement of up to a maximum of $100,000,000. The Private Placement is directed solely to insured depository institutions chartered under the laws of any state or the District of Columbia, or of the United States. will provide us with additional liquidity we will utilize to continue to execute on our overall strategy for the Partnership. Our focus remains on providing benefit to our unitholders and this source of non dilutive capital allows us to invest in assets that will fulfill this effort. hdmi wireless was formed on April 2, 1998 under the Delaware Revised Uniform Limited Partnership Act for the purpose of acquiring, holding, selling and otherwise dealing with a portfolio of mortgage revenue bonds which have been issued to provide construction and/or permanent financing for affordable multifamily and student housing properties and commercial properties. Partnership is pursuing a business strategy of acquiring additional mortgage revenue bonds and other investments on a leveraged basis in order to (i) the amount of interest available for distribution to our unitholders; (ii) risk through asset diversification and interest rate hedging; and (iii) economies of scale. Partnership expects and believes the interest earned on these mortgage revenue bonds is excludable from gross income for federal income tax purposes. Partnership seeks to achieve its investment growth strategy by investing in additional mortgage revenue bonds and other investments as permitted by the Partnership Amended and Restated Limited Partnership Agreement, dated September 15, 2015, taking advantage of attractive financing structures available in the securities market, and entering into interest rate risk management instruments. Safe Harbor Statement

Information contained in this press release contains statements, which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. These risks and uncertainties include, but are not limited to, risks involving current maturities of our financing arrangements and our ability to renew or refinance such maturities, fluctuations in short term interest rates, collateral valuations, bond investment valuations and overall economic and credit market conditions. For a further list and description of such risks, see the reports and other filings made by the Partnership with the Securities and Exchange Commission, including its Annual Report on Form 10 K for the year ended December 2015. The Partnership disclaims any intention or obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise.

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