The following table provides the details related to the total Debt Financing, net of deferred financing costs, at December 31, 2016 and 2015:

	Outstanding Debt Financings on December 31, 2016, net		Restricted Cash		Years Acquired	Stated Maturities	Reset Frequency	SIFMA Based Rates			Facility Fees		Period End Rates
TOB & Term A/B Trusts Securitization
Fixed - Term TOB	$	46,860,699	$	-	2014	Jul 2017 - Jul 2019	N/A	N/A			N/A		4.01% - 4.39%
Fixed - Term A/B		171,778,950		1,373,695	2016	⁽¹⁾	⁽¹⁾	⁽¹⁾			⁽¹⁾		⁽¹⁾
Variable - TOB		42,455,000		-	2012	Dec 2016	Weekly	1.29 - 1.39%				1.62%	2.91 - 3.01%

TEBS Financings
Variable - TEBS I		60,430,991		396,412	2010	September 2017	Weekly		0.77	%		1.85%		2.62%
Variable - TEBS II ⁽²⁾		91,768,081		170,988	2014	July 2019	Weekly		0.75	%		1.62%		2.37%
Variable - TEBS III ⁽²⁾		82,089,312		3,495,592	2015	July 2020	Weekly		0.75	%		1.39%		2.14%
Total Debt Financings	$	495,383,033

⁽¹⁾ See table below for a summary of terms for the individual Term A/B Trust securitizations
⁽²⁾ Facility fees are variable

	Outstanding Debt Financings on December 31, 2015, net		Restricted Cash		Year Acquired	Stated Maturities	Reset Frequency	SIFMA Based Rates		Facility Fees		Period End Rates
TOB Trusts Securitization
Fixed - Term TOB	$	160,582,124	$	1,930,027	⁽³⁾	⁽³⁾	⁽³⁾	⁽³⁾		⁽³⁾		⁽³⁾
Variable - TOB		55,930,000		-	2012	April 2016 - June 2016	Weekly	0.16 - 0.68%		0.94 - 1.62%		1.1 - 2.3%

TEBS Financings
Variable - TEBS I		60,735,743		364,637	2010	September 2017	Weekly		0.04%		1.91%		1.95%
Variable - TEBS II ⁽⁴⁾		92,280,069		163,418	2014	July 2019	Weekly		0.02%		1.42%		1.44%
Variable - TEBS III ⁽⁴⁾		81,968,780		4,843,625	2015	July 2020	Weekly		0.02%		1.26%		1.28%
Total Debt Financings	$	451,496,716

⁽³⁾ See table below for a summary of terms for the individual Term TOB Trust securitizations
⁽⁴⁾ Facility fees are variable

The fixed Term TOB Financings at December 31, 2016 are secured by the mortgage revenue bonds for Live 929 Apartments and Pro Nova 2014-1. The variable TOB Financings at December 31, 2016 are secured by three PHC Certificates (See Note 7).

The following table summarizes the individual Term A/B Trust securitizations at December 31, 2016:

Term A/B Trusts Securitization	Outstanding Term A/B Trust Financing at December 31, 2016, net		Restricted Cash		Year Acquired	Stated Maturity	Fixed Interest Rate
Willow Run	$	11,564,852	$	-	2016	September 2026		3.64	%
Columbia Gardens		11,565,068		-	2016	September 2026		3.64	%
Concord at Little York		11,301,031		-	2016	September 2026		3.64	%
Concord at Williamscrest		17,504,186		-	2016	September 2026		3.64	%
Concord at Gulfgate		16,133,987		-	2016	September 2026		3.64	%
Companion at Thornhill Apartment		9,666,656		-	2016	September 2026		3.64	%
Seasons at Simi Valley Apartments		3,678,770		-	2016	September 2026		3.64	%
Sycamore Walk		3,050,786		-	2016	September 2026		3.64	%
Decatur-Angle Apartments		21,387,126		755,489	2016	September 2026		3.64	%
Berrendo Square Apartments		5,409,361		-	2016	September 2026		3.64	%
Laurel Crossings Apartments		6,378,482		-	2016	September 2026		3.64	%
Bruton Apartments		15,258,925		618,206	2016	September 2026		3.64	%
15 West Apartments		8,366,804		-	2016	December 2026		3.64	%
Oaks at Georgetown A		11,709,479		-	2016	March 2017		4.56	%
Harmony Terrace A		6,549,479		-	2016	March 2017		4.56	%
Oaks at Georgetown B		5,229,479		-	2016	March 2017		4.56	%
Harmony Terrace B		7,024,479		-	2016	March 2017		4.56	%
Total A/B Trust Financing\ Weighted Average Period End Rate	$	171,778,950						3.80	%

The variable TOB Financings at December 31, 2015 are secured by three PHC Certificates (See Note 7) and three MBS Securities (See Note 8). The following table summarizes the individual fixed rate TOB Trust securitizations at December 31, 2015:

Term TOB Trusts Securitization	Outstanding Term TOB Trust Financing at December 31, 2015, net		Restricted Cash		Year Acquired	Stated Maturity	Fixed Interest Rate
Decatur Angle	$	22,847,450	$	1,078,823	2014	October 2016		4.26	%
Live 929		37,935,981		-	2014	July 2019		4.39	%
Bruton Apartments		17,246,899		851,204	2014	July 2017		4.51	%
Pro Nova 2014-1		9,006,899		-	2014	July 2017		4.01	%
Pro Nova 2014-2		8,371,899		-	2014	July 2017		4.01	%
Concord at Gulfgate		14,936,685		-	2015	February 2018		2.76	%
Concord at Little York		11,231,685		-	2015	February 2018		2.76	%
Concord at Williamcrest		15,606,685		-	2015	February 2018		2.76	%
Columbia Gardens		11,699,209		-	2015	December 2017		2.76	%
Willow Run		11,698,732		-	2015	December 2017		2.76	%
Total TOB Trust Financing\Weighted Average Period End Rate	$	160,582,124						3.68	%