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Commitments and Contingencies - Summary of Partnership's Total and Remaining Commitments (Details) - USD ($)
 9 Months Ended
Sep. 30, 2024
Jun. 30, 2024
Commitments And Other Guarantees [Line Items]    
Total Initial Commitment $ 378,050,905  
Remaining Commitment as of September 30, 2024 197,891,863  
Mortgage Revenue Bonds and Taxable Mortgage Revenue Bonds [Member]    
Commitments And Other Guarantees [Line Items]    
Total Initial Commitment 155,420,000  
Remaining Commitment as of September 30, 2024 $ 63,704,314  
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, 2024 $ 2,400,000  
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 [1],[2]   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 [3] 2025-04  
Total Initial Commitment $ 5,000,000  
Remaining Commitment as of September 30, 2024 $ 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 [1]   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 [3] 2025-04  
Total Initial Commitment $ 8,000,000  
Remaining Commitment as of September 30, 2024 $ 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 [1]   3.65%
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 [1],[4]   6.45%
Total Initial Commitment $ 47,000,000  
Remaining Commitment as of September 30, 2024 $ 33,200,000  
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 [3] 2025-12  
Interest Rate [1]   7.45%
Total Initial Commitment $ 9,404,500  
Remaining Commitment as of September 30, 2024 $ 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 [1]   6.25%
Total Initial Commitment $ 44,000,000  
Remaining Commitment as of September 30, 2024 $ 7,330,000  
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 [1]   7.25%
Total Initial Commitment $ 10,400,000  
Remaining Commitment as of September 30, 2024 $ 4,400,000  
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 [1]   7.45%
Total Initial Commitment $ 5,950,000  
Remaining Commitment as of September 30, 2024 $ 3,450,000  
Mortgage Revenue Bonds and Taxable Mortgage Revenue Bonds [Member] | The Safford [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2023-10  
Maturity Date 2026-10  
Interest Rate [1]   7.59%
Total Initial Commitment $ 43,000,000  
Remaining Commitment as of September 30, 2024 16,774,314  
Taxable Mortgage Revenue Bonds [Member]    
Commitments And Other Guarantees [Line Items]    
Total Initial Commitment 33,754,500  
Remaining Commitment as of September 30, 2024 23,254,500  
Governmental Issuer Loans and Taxable Governmental Issuer Loans [Member]    
Commitments And Other Guarantees [Line Items]    
Total Initial Commitment 61,369,507  
Remaining Commitment as of September 30, 2024 $ 19,278,207  
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 [3] 2025-04  
Interest Rate [1]   6.78%
Total Initial Commitment $ 22,250,000  
Remaining Commitment as of September 30, 2024 $ 4,708,700  
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 [3] 2025-04  
Interest Rate [1]   6.78%
Total Initial Commitment $ 39,119,507  
Remaining Commitment as of September 30, 2024 14,569,507  
Taxable Governmental Issuer Loans [Member]    
Commitments And Other Guarantees [Line Items]    
Total Initial Commitment 56,579,465  
Remaining Commitment as of September 30, 2024 $ 53,421,793  
Taxable Governmental Issuer Loans [Member] | Poppy Grove I [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2022-09  
Maturity Date [3] 2025-04  
Interest Rate [1]   6.78%
Total Initial Commitment $ 21,157,672  
Remaining Commitment as of September 30, 2024 $ 20,000,000  
Taxable Governmental Issuer Loans [Member] | Poppy Grove II [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2022-09  
Maturity Date [3] 2025-04  
Interest Rate [1]   6.78%
Total Initial Commitment $ 10,941,300  
Remaining Commitment as of September 30, 2024 $ 9,941,300  
Taxable Governmental Issuer Loans [Member] | Poppy Grove III [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2022-09  
Maturity Date [3] 2025-04  
Interest Rate [1]   6.78%
Total Initial Commitment $ 24,480,493  
Remaining Commitment as of September 30, 2024 23,480,493  
Property Loans [Member]    
Commitments And Other Guarantees [Line Items]    
Total Initial Commitment 7,830,000  
Remaining Commitment as of September 30, 2024 $ 542,008  
Property Loans [Member] | Sandy Creek Apartments [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2023-08  
Maturity Date [3] 2026-09  
Interest Rate [1],[5]   8.63%
Total Initial Commitment $ 7,830,000  
Remaining Commitment as of September 30, 2024 542,008  
Joint Venture Investments [Member]    
Commitments And Other Guarantees [Line Items]    
Total Initial Commitment 63,097,433  
Remaining Commitment as of September 30, 2024 $ 37,691,041  
Joint Venture Investments [Member] | Vantage at San Marcos [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date [6],[7] 2020-11  
Total Initial Commitment [6],[7] $ 9,914,529  
Remaining Commitment as of September 30, 2024 [6],[7] $ 8,943,914  
Joint Venture Investments [Member] | Freestone Greeley [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date [6] 2022-10  
Total Initial Commitment [6] $ 16,035,710  
Remaining Commitment as of September 30, 2024 [6] $ 10,562,345  
Joint Venture Investments [Member] | Freestone Cresta Bella [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2023-12  
Total Initial Commitment $ 20,049,570  
Remaining Commitment as of September 30, 2024 $ 6,997,573  
Joint Venture Investments [Member] | Freestone Ladera [Member]    
Commitments And Other Guarantees [Line Items]    
Commitment Date 2023-12  
Total Initial Commitment $ 17,097,624  
Remaining Commitment as of September 30, 2024 $ 11,187,209  
[1] The variable index interest rate components are subject to a floor of 0.27%.
[2] Upon stabilization, the MRB will convert to a fixed rate of 8.0% and become subordinate to the other senior MRBs.
[3] 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.
[4] Upon stabilization, the MRB will convert to a fixed rate of 10.0% and become subordinate to the other senior MRBs of the borrower.
[5] The interest rate will convert to a variable rate of Term SOFR + 3.35% on February 1, 2025.
[6] A development site has been identified for this property but construction had not commenced as of September 30, 2024.
[7] The property became a consolidated VIE effective during the fourth quarter of 2021 (Note 3).