Other Assets (Tables)

3 Months Ended

Mar. 31, 2023

Other Assets [Abstract]

Schedule of Other Assets

The following table summarizes the Partnership's other assets as of March 31, 2023 and December 31, 2022:

	March 31, 2023			December 31, 2022
Deferred financing costs, net	$	805,813		$	964,266
Derivative instruments at fair value (Note 18)		5,284,329			7,530,438
Taxable mortgage revenue bonds, at fair value		18,146,540			16,531,896
Taxable governmental issuer loans:
Taxable governmental issuer loans		11,000,000			8,000,000
Allowance for credit losses (Note 13)		(89,000	)		-
Taxable governmental issuer loans, net		10,911,000			8,000,000
Bond purchase commitments, at fair value (Note 19)		211,476			98,929
Other assets		1,877,240			2,649,138
Total other assets	$	37,236,398		$	35,774,667

Summary of Taxable MRB Acquired

The following table includes details of the taxable MRB acquired during the three months ended March 31, 2023:

Property Name	Month Acquired	Property Location	Units	Maturity Date	Interest Rate	Initial Principal Funding
Taxable MRBs
Windsor Shores Apartments - Series B	January 2023	Columbia, SC	176	2/1/2030	6.50%	$	805,000

The following table includes details of the taxable MRB acquired during the three months ended March 31, 2022:

Property Name	Date Committed	Maturity Date	Initial Principal Funding		Total Commitment
Taxable MRBs
Live 929 Apartments - Series 2022B	January 2022	1/1/2029	$	3,625,000	$	3,625,000