Please note: You will be able to download your Schedule K-1 forms using the link provided below as soon as the information is available. In order to access your K-1 form you will need your assigned American Stock Transfer Investor ID number and the last four digits of the Social Security or Tax ID number assigned to the account. If you seek multiple K-1 forms, you will need to enter all Investor ID numbers filed under each Social Security or Tax ID number. Contact our transfer agent at 888-991-9902 for additional information or 800-283-2357 to be connected to one of our representatives.
Download your 2009 Schedule K-1.
10/5/2009: America First Tax Exempt Investors L.P. Announces Public Offering of Shares Representing Assigned Limited Partnership Interests
| Record Date | Payable Date | Rate |
| 12/31/2009 | 01/29/2010 | $0.125 |
| 09/30/2009 | 10/30/2009 | $0.125 |
| 06/30/2009 | 07/31/2009 | $0.125 |
| 03/31/2009 | 04/30/2009 | $0.135 |
TERM SHEET
Tax-Exempt Bond - Direct Purchase Program
Fixed Rate - Unenhanced
Construction - Permanent
| Program Overview | America First Tax Exempt Investors provides developers with a cost effective solution for construction and permanent financing of affordable housing properties through the direct purchase of tax-exempt bonds. |
| Property Type | Multifamily, Student or Senior Housing properties; for new construction and rehabilitation. |
| Loan Amounts | $5,000,000 minimum (smaller deals considered) |
Interest Rate |
To Be Negotiated prior to Letter of Intent |
| Amortization | New construction: 38 - 40 years Rehabilitation: 33 - 35 years |
| Term | New construction: 40 years Rehabilitation: 35 years |
| Prepayment | Lockout for 10 years from placed-in-service date, thereafter, optional prepayment at par |
| Debt Service Coverage | Sr. Bonds 1.15 Sub. Bonds 1.05 (as defined by the investor) |
| Loan to Value | 90% of appraised value based on market rents and market cap rate |
| Recourse | Unconditional guaranty of construction completion and stabilization, non-recourse thereafter, excluding customary carve-outs |
| Origination Fee | 1.5% of loan amount |
| Application Fee | $20,000; to be applied to third party reports and Legal Expense |
| Contact | Chad Daffer Andy Grier |