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Commitments and Contingencies - Summary of Partnership's Total and Remaining Commitments (Details) - USD ($)
 9 Months Ended
Sep. 30, 2023
Jul. 31, 2023
Commitments And Other Guarantees [Line Items]    
Total Initial Commitment $ 496,239,818  
Remaining Commitment as of September 30, 2023 $ 344,379,001  
The Residency at Empire [Member] | Series BB-3 [Member]    
Commitments And Other Guarantees [Line Items]    
Maturity Date 2029-12  
Interest Rate 6.00%  
Mortgage Revenue Bonds and Taxable Mortgage Revenue Bonds [Member]    
Commitments And Other Guarantees [Line Items]    
Total Initial Commitment $ 152,500,000  
Remaining Commitment as of September 30, 2023 $ 127,405,000  
Mortgage Revenue Bonds and Taxable Mortgage Revenue Bonds [Member] | The Residency At Mayer [Member] | Series A T Mortgage [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2021-10  
Maturity Date [1] 2024-10  
Total Initial Commitment $ 12,500,000  
Remaining Commitment as of September 30, 2023 $ 4,000,000  
Mortgage Revenue Bonds and Taxable Mortgage Revenue Bonds [Member] | The Residency At Mayer [Member] | Series A T Mortgage [Member] | SOFR [Member]    
Commitments And Other Guarantees [Line Items]    
Interest Rate [2] 3.70%  
Mortgage Revenue Bonds and Taxable Mortgage Revenue Bonds [Member] | The Residency at the Entrepreneur [Member] | Series J-3 [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2022-04  
Maturity Date 2040-03  
Interest Rate [2] 6.00%  
Total Initial Commitment $ 26,080,000  
Remaining Commitment as of September 30, 2023 $ 19,680,000  
Mortgage Revenue Bonds and Taxable Mortgage Revenue Bonds [Member] | The Residency at the Entrepreneur [Member] | Series J-4 [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2022-04  
Maturity Date 2040-03  
Total Initial Commitment $ 16,420,000  
Remaining Commitment as of September 30, 2023 $ 16,420,000  
Mortgage Revenue Bonds and Taxable Mortgage Revenue Bonds [Member] | The Residency at the Entrepreneur [Member] | Series J-4 [Member] | SOFR [Member]    
Commitments And Other Guarantees [Line Items]    
Interest Rate [2],[3] 3.60%  
Mortgage Revenue Bonds and Taxable Mortgage Revenue Bonds [Member] | The Residency at the Entrepreneur [Member] | Series J-5 [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2023-02  
Maturity Date [1] 2025-04  
Total Initial Commitment $ 5,000,000  
Remaining Commitment as of September 30, 2023 $ 4,000,000  
Mortgage Revenue Bonds and Taxable Mortgage Revenue Bonds [Member] | The Residency at the Entrepreneur [Member] | Series J-5 [Member] | SOFR [Member]    
Commitments And Other Guarantees [Line Items]    
Interest Rate [2] 3.60%  
Mortgage Revenue Bonds and Taxable Mortgage Revenue Bonds [Member] | The Residency at the Entrepreneur [Member] | Series J-T [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2022-04  
Maturity Date [1] 2025-04  
Total Initial Commitment $ 8,000,000  
Remaining Commitment as of September 30, 2023 $ 7,000,000  
Mortgage Revenue Bonds and Taxable Mortgage Revenue Bonds [Member] | The Residency at the Entrepreneur [Member] | Series J-T [Member] | SOFR [Member]    
Commitments And Other Guarantees [Line Items]    
Interest Rate [2] 3.65%  
Mortgage Revenue Bonds and Taxable Mortgage Revenue Bonds [Member] | The Residency at Empire [Member] | Series BB-3 [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2022-12  
Maturity Date 2040-12  
Interest Rate [2],[4] 6.45%  
Total Initial Commitment $ 14,000,000  
Remaining Commitment as of September 30, 2023 $ 12,745,000  
Mortgage Revenue Bonds and Taxable Mortgage Revenue Bonds [Member] | The Residency at Empire [Member] | Series BB-4 [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2022-12  
Maturity Date 2040-12  
Interest Rate [2],[5] 6.45%  
Total Initial Commitment $ 47,000,000  
Remaining Commitment as of September 30, 2023 $ 47,000,000  
Mortgage Revenue Bonds and Taxable Mortgage Revenue Bonds [Member] | The Residency at Empire [Member] | Series BB-T [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2022-12  
Maturity Date [1] 2025-12  
Interest Rate [2] 7.45%  
Total Initial Commitment $ 9,404,500  
Remaining Commitment as of September 30, 2023 $ 8,404,500  
Mortgage Revenue Bonds and Taxable Mortgage Revenue Bonds [Member] | Meadow Valley [Member] | Series A [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2021-12  
Maturity Date 2029-12  
Interest Rate [2] 6.25%  
Total Initial Commitment $ 44,000,000  
Remaining Commitment as of September 30, 2023 $ 27,560,000  
Mortgage Revenue Bonds and Taxable Mortgage Revenue Bonds [Member] | Village at Hanford Square [Member] | Series H-T [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2023-05  
Maturity Date 2030-05  
Interest Rate [2] 7.25%  
Total Initial Commitment $ 10,400,000  
Remaining Commitment as of September 30, 2023 $ 9,400,000  
Mortgage Revenue Bonds and Taxable Mortgage Revenue Bonds [Member] | 40rty On Colony [Member] | Series P-T [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2023-06  
Maturity Date 2030-06  
Interest Rate [2] 7.45%  
Total Initial Commitment $ 5,950,000  
Remaining Commitment as of September 30, 2023 4,950,000  
Taxable Mortgage Revenue Bonds [Member]    
Commitments And Other Guarantees [Line Items]    
Total Initial Commitment 46,254,500  
Remaining Commitment as of September 30, 2023 33,754,500  
Governmental Issuer Loans and Taxable Governmental Issuer Loans [Member]    
Commitments And Other Guarantees [Line Items]    
Total Initial Commitment 97,057,835  
Remaining Commitment as of September 30, 2023 $ 56,620,535  
Governmental Issuer Loans and Taxable Governmental Issuer Loans [Member] | Poppy Grove I [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2022-09  
Maturity Date [1] 2025-04  
Interest Rate [2] 6.78%  
Total Initial Commitment $ 35,688,328  
Remaining Commitment as of September 30, 2023 $ 18,342,328  
Governmental Issuer Loans and Taxable Governmental Issuer Loans [Member] | Poppy Grove II [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2022-09  
Maturity Date [1] 2025-04  
Interest Rate [2] 6.78%  
Total Initial Commitment $ 22,250,000  
Remaining Commitment as of September 30, 2023 $ 13,708,700  
Governmental Issuer Loans and Taxable Governmental Issuer Loans [Member] | Poppy Grove III [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2022-09  
Maturity Date [1] 2025-04  
Interest Rate [2] 6.78%  
Total Initial Commitment $ 39,119,507  
Remaining Commitment as of September 30, 2023 24,569,507  
Taxable Governmental Issuer Loans [Member]    
Commitments And Other Guarantees [Line Items]    
Total Initial Commitment 56,579,465  
Remaining Commitment as of September 30, 2023 $ 53,579,465  
Taxable Governmental Issuer Loans [Member] | Poppy Grove I [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2022-09  
Maturity Date [1] 2025-04  
Interest Rate [2] 6.78%  
Total Initial Commitment $ 21,157,672  
Remaining Commitment as of September 30, 2023 $ 20,157,672  
Taxable Governmental Issuer Loans [Member] | Poppy Grove II [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2022-09  
Maturity Date [1] 2025-04  
Interest Rate [2] 6.78%  
Total Initial Commitment $ 10,941,300  
Remaining Commitment as of September 30, 2023 $ 9,941,300  
Taxable Governmental Issuer Loans [Member] | Poppy Grove III [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2022-09  
Maturity Date [1] 2025-04  
Interest Rate [2] 6.78%  
Total Initial Commitment $ 24,480,493  
Remaining Commitment as of September 30, 2023 23,480,493  
Property Loans [Member]    
Commitments And Other Guarantees [Line Items]    
Total Initial Commitment 54,681,328  
Remaining Commitment as of September 30, 2023 $ 31,700,050  
Property Loans [Member] | Osprey Village [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2021-07  
Maturity Date [1] 2024-08  
Total Initial Commitment $ 25,500,000  
Remaining Commitment as of September 30, 2023 $ 16,725,196  
Property Loans [Member] | Osprey Village [Member] | SOFR [Member]    
Commitments And Other Guarantees [Line Items]    
Interest Rate [2] 3.07%  
Property Loans [Member] | Willow Place Apartments [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2021-09  
Maturity Date [1] 2024-10  
Total Initial Commitment $ 21,351,328  
Remaining Commitment as of September 30, 2023 $ 7,144,854  
Property Loans [Member] | Willow Place Apartments [Member] | SOFR [Member]    
Commitments And Other Guarantees [Line Items]    
Interest Rate [2] 3.30%  
Property Loans [Member] | Sandy Creek Apartments [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2023-08  
Maturity Date [1] 2026-09  
Interest Rate [2],[6] 8.63%  
Total Initial Commitment $ 7,830,000  
Remaining Commitment as of September 30, 2023 $ 7,830,000  
Property Loans [Member] | Anaheim & Walnut [Member] | SOFR [Member]    
Commitments And Other Guarantees [Line Items]    
Interest Rate [2] 4.85%  
Joint Venture Investments [Member]    
Commitments And Other Guarantees [Line Items]    
Total Initial Commitment $ 85,266,690  
Remaining Commitment as of September 30, 2023 $ 37,419,451  
Joint Venture Investments [Member] | Vantage at San Marcos [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date [7],[8] 2020-11  
Total Initial Commitment [7],[8] $ 9,914,529  
Remaining Commitment as of September 30, 2023 [7],[8] $ 8,943,914  
Joint Venture Investments [Member] | Vantage at Loveland [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date [9] 2021-04  
Total Initial Commitment $ 18,215,000 [9] $ 16,300,000
Remaining Commitment as of September 30, 2023 [9] $ 1,065,061  
Joint Venture Investments [Member] | Freestone Greeley [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date [7] 2022-10  
Total Initial Commitment [7] $ 16,035,710  
Remaining Commitment as of September 30, 2023 [7] $ 11,325,008  
Joint Venture Investments [Member] | Freestone Cresta Bella [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2022-11  
Total Initial Commitment $ 16,405,514  
Remaining Commitment as of September 30, 2023 $ 2,607,927  
Joint Venture Investments [Member] | Valage Senior Living Carson Valley [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2023-02  
Total Initial Commitment $ 8,163,301  
Remaining Commitment as of September 30, 2023 $ 643,104  
Joint Venture Investments [Member] | The Jessam At Hays Farms [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2023-07  
Total Initial Commitment $ 16,532,636  
Remaining Commitment as of September 30, 2023 12,834,437  
Bond Purchase Commitment [Member]    
Commitments And Other Guarantees [Line Items]    
Total Initial Commitment 3,900,000  
Remaining Commitment as of September 30, 2023 $ 3,900,000  
Bond Purchase Commitment [Member] | Anaheim & Walnut [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2021-09  
Maturity Date [10] Q3 2024  
Total Initial Commitment $ 3,900,000  
Remaining Commitment as of September 30, 2023 $ 3,900,000  
[1] The borrowers may elect to extend the maturity date for a period ranging between six and twelve months upon meeting certain conditions, which may include payment of a non-refundable extension fee.
[2] The variable index interest rate components are typically subject to floors that range from 0% to 0.85%.
[3] Upon stabilization, the MRB will convert to a fixed rate of 8.0% and become subordinate to the other senior MRBs.
[4] Beginning December 2029, the interest rate will change to the greater of (i) 3.25% over the then 10-Year SOFR Swap rate, or (ii) 6.00%.
[5] Upon stabilization, the MRB will convert to a fixed rate of 10.0% and become subordinate to the other senior MRBs of the borrower.
[6] The interest rate will convert to a variable rate of Term SOFR + 3.35% on February 1, 2025.
[7] A development site has been identified for this property but construction had not commenced as of September 30, 2023.
[8] The property became a consolidated VIE effective during the fourth quarter of 2021 (Note 5).
[9] In July 2023, the Partnership's initial commitment of $16.3 million was increased by $1.9 million upon meeting certain conditions as outlined in the original agreement.
[10] This is the estimated closing date of the associated bond purchase commitment.