Subsequent Events (Tables)

3 Months Ended

Mar. 31, 2023

Subsequent Event [Line Items]

Schedule of terms of partnership's MRB investments

The following table summarizes the terms of the Partnership’s MRB investments:

Property Name	Month Acquired	Property Location	Units		Maturity Date	Interest Rate	Principal Funded
Handsel Morgan Village - MRB	April	Buford, GA		45	3/1/2041	6.75%	$	2,150,000
Maryalice Circle - MRB	April	Buford, GA		98	3/1/2041	6.75%		5,900,000
							$	8,050,000

Interest Rate Cap Agreements [Member]

Subsequent Event [Line Items]

Summary of Partnership's Derivative Instruments

Purchase Date	Notional Amount		Maturity Date	Effective Capped Rate (1)			Index	Variable Debt Financing Hedged (1)	Counterparty	Fair Value as of March 31, 2023
August 2019		74,634,658	Aug 2024		4.5	%	SIFMA	M31 TEBS	Barclays Bank PLC	$	85,662
										$	85,662

(1)See Notes 16 and 23 for additional details.

Purchase Date	Notional Amount		Maturity Date	Effective Capped Rate (1)			Index	Variable Debt Financing Hedged (1)	Counterparty	Fair Value as of December 31, 2022
August 2019		75,014,903	Aug 2024		4.5	%	SIFMA	M31 TEBS	Barclays Bank PLC	$	91,627
										$	91,627

(1)See Notes 16 and 23 for additional details.

In April 2023, the Partnership entered into an additional interest rate swap agreement to mitigate interest rate risk associated with variable rate TOB trust financings. The following table summarizes the terms of the interest rate swap agreement:

Purchase Date	Notional Amount		Effective Date	Termination Date	Fixed Rate Paid	Variable Rate Index Received	Variable Debt Financing Hedged	Counterparty
April 2023	$	4,508,000	5/1/2023	5/1/2033	3.490%	Compounded SOFR	TOB Trusts	Mizuho Capital Markets