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Mortgage Revenue Bonds - Schedule of MRBs Acquisitions (Details)
1 Months Ended 12 Months Ended
Jan. 31, 2022
USD ($)
Unit
Dec. 31, 2023
USD ($)
Unit
Dec. 31, 2022
USD ($)
Unit
Schedule Of Available For Sale Securities [Line Items]      
Initial Principal Amount | $   $ 108,005,034 $ 103,447,000
Windsor Shores Apartments [Member] | MRB and Taxable MRB Commitments [Member] | Series A [Member] | SC [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired   January  
Units   176  
Maturity Date   Feb. 01, 2030  
Interest Rate   6.50%  
Initial Principal Amount | $   $ 21,545,000  
Residency at the Entrepreneur [Member] | MRB and Taxable MRB Commitments [Member] | Series J-1 [Member] | CA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired     April
Units     200
Maturity Date     Mar. 31, 2040
Interest Rate     6.00%
Initial Principal Amount | $     $ 9,000,000
Residency at the Entrepreneur [Member] | MRB and Taxable MRB Commitments [Member] | Series J-2 [Member] | CA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired     April
Units     200
Maturity Date     Mar. 31, 2040
Interest Rate     6.00%
Initial Principal Amount | $     $ 7,500,000
Residency at the Entrepreneur [Member] | MRB and Taxable MRB Commitments [Member] | Series J-3 [Member] | CA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired [1]     April
Units [1]     200
Maturity Date [1]     Mar. 31, 2040
Interest Rate [1]     6.00%
Residency at the Entrepreneur [Member] | MRB and Taxable MRB Commitments [Member] | Series J-4 [Member] | CA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired [1]     April
Units [1]     200
Maturity Date [1]     Mar. 31, 2040
Residency at the Entrepreneur [Member] | MRB and Taxable MRB Commitments [Member] | Series J-4 [Member] | CA [Member] | SOFR [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Interest Rate [1],[2]     3.60%
Residency at the Entrepreneur [Member] | MRB and Taxable MRB Commitments [Member] | Series J-5 [Member] | CA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired [3]   February  
Units [3]   200  
Maturity Date [3]   Apr. 01, 2025  
Initial Principal Amount | $ [3]   $ 1,000,000  
Residency at the Entrepreneur [Member] | MRB and Taxable MRB Commitments [Member] | Series J-5 [Member] | CA [Member] | SOFR [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Interest Rate [3],[4]   3.60%  
CCBA Senior Garden Apartments [Member] | MRB and Taxable MRB Commitments [Member] | CA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired [5]     June
Units [5]     45
Maturity Date [5]     Jul. 01, 2037
Interest Rate [5]     4.50%
Initial Principal Amount | $ [5]     $ 3,807,000
Park at Sondrio [Member] | MRB and Taxable MRB Commitments [Member] | Series 2022A [Member] | Greenville, SC [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired     December
Units     271
Maturity Date     Jan. 01, 2030
Interest Rate     6.50%
Initial Principal Amount | $     $ 38,100,000
Village Point [Member] | MRB and Taxable MRB Commitments [Member] | NJ [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired   May  
Units [6]   120  
Maturity Date   Jun. 01, 2030  
Interest Rate   0.6875%  
Initial Principal Amount | $   $ 23,000,000  
Forty on Colony [Member] | MRB and Taxable MRB Commitments [Member] | Series P Mortgage [Member] | CA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired   June  
Units   40  
Maturity Date   Jun. 01, 2030  
Interest Rate   7.05%  
Initial Principal Amount | $   $ 5,950,000  
Handsel Morgan Village Apartments [Member] | MRB and Taxable MRB Commitments [Member] | GA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired   April  
Units   45  
Maturity Date   Mar. 01, 2041  
Interest Rate   6.75%  
Initial Principal Amount | $   $ 2,150,000  
Village at Hanford Square [Member] | MRB and Taxable MRB Commitments [Member] | Series H Mortgage [Member] | CA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired   May  
Units   100  
Maturity Date   May 01, 2030  
Interest Rate   6.65%  
Initial Principal Amount | $   $ 10,400,000  
Park at Vietti [Member] | MRB and Taxable MRB Commitments [Member] | Series 2022A [Member] | Spartanburg, SC [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired     December
Units     204
Maturity Date     Jan. 01, 2030
Interest Rate     6.50%
Initial Principal Amount | $     $ 26,985,000
Maryalice Circle Apartments [Member] | MRB and Taxable MRB Commitments [Member] | GA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired   April  
Units   98  
Maturity Date   Mar. 01, 2041  
Interest Rate   6.75%  
Initial Principal Amount | $   $ 5,900,000  
The Ivy Apartments [Member] | MRB and Taxable MRB Commitments [Member] | SC [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired   January  
Units   212  
Maturity Date   Feb. 01, 2030  
Interest Rate   6.50%  
Initial Principal Amount | $   $ 30,500,000  
Residency at Empire [Member] | MRB and Taxable MRB Commitments [Member] | Series BB-1 [Member] | Burbank, CA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired     December
Units     148
Maturity Date     Dec. 01, 2040
Interest Rate [7]     6.45%
Initial Principal Amount | $     $ 14,000,000
Residency at Empire [Member] | MRB and Taxable MRB Commitments [Member] | Series BB-2 [Member] | Burbank, CA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired     December
Units     148
Maturity Date     Dec. 01, 2040
Interest Rate [7]     6.45%
Initial Principal Amount | $     $ 4,000,000
Residency at Empire [Member] | MRB and Taxable MRB Commitments [Member] | Series BB-3 [Member] | Burbank, CA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired [8]     December
Units [8]     148
Maturity Date [8]     Dec. 01, 2040
Interest Rate [7],[8]     6.45%
Initial Principal Amount | $ [8]     $ 55,000
Residency at Empire [Member] | MRB and Taxable MRB Commitments [Member] | Series BB-4 [Member] | Burbank, CA [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired [8]     December
Units [8]     148
Maturity Date [8]     Dec. 01, 2040
Interest Rate [8],[9]     6.45%
The Safford [Member] | MRB and Taxable MRB Commitments [Member] | AZ [member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired [10]   October  
Units [10]   200  
Maturity Date [10]   Oct. 10, 2026  
Interest Rate [10]   7.59%  
Initial Principal Amount | $ [10]   $ 7,560,034  
Live 929 Apartments [Member] | Series 2022A [Member] | Baltimore, MD [Member]      
Schedule Of Available For Sale Securities [Line Items]      
Month Acquired January    
Units 575    
Maturity Date Jan. 01, 2060    
Interest Rate 4.30%    
Initial Principal Amount | $ $ 66,365,000    
[1] The Partnership has committed to provide funding for the Series J-3 and Series J-4 MRBs of $26.1 million and $16.4 million, respectively. See Note 19.
[2] The interest rate is subject to an all-in floor of 3.87%. Upon stabilization, the Series J-4 MRB will become subordinate to the Series J-1, J-2 and J-3 MRBs and will convert to a fixed rate of 8.0%. Upon stabilization of the property, the MRB will be partially repaid and the maximum balance of the MRB after stabilization will not exceed $1.5 million.
[3] The Partnership has committed to provide funding for the Series J-5 MRB totaling $5.0 million. See Note 19.
[4] The interest rate is subject to an all-in floor of 3.87%.
[5] The investment was previously reported as a bond purchase commitment that has converted to an MRB.
[6] Village Point is a seniors housing property with 120 beds in 92 units.
[7] In December 2029, the interest rate will reset to the greater of (i) 3.25% over the then 10-Year SOFR Swap rate, or (ii) 6.00%.
[8] The Partnership has committed to provide additional funding during construction for the Series BB-3 and Series BB-4 MRBs of $13.9 million and $47.0 million, respectively. See Note 19.
[9] Upon stabilization, the MRB will resize to an amount not to exceed $3.3 million and become subordinate to the other senior MRBs of the borrower. In December 2029, the interest rate will convert to a fixed rate of 10.0%.
[10] The Partnership has committed to provide funding for The Safford MRB totaling $43.0 million. See Note 19.