The following tables detail certain financial information for the Partnership’s reportable segments for the periods indicated:


	For the Three Months Ended March 31, 2026
	Affordable Multifamily Investments			Seniors and Skilled Nursing Investments			Market-Rate Joint Venture Investments			MF Properties			Partnership Total
Revenues:
Investment income	$	15,017,141		$	1,065,113		$	356,902		$	-		$	16,439,156
Other interest income		2,932,248			190,313			-			-			3,122,561
Property revenues		-			-			-			1,449,125			1,449,125
Other income		772,025			-			-			2,336			774,361
Total revenues		18,721,414			1,255,426			356,902			1,451,461			21,785,203
Expenses:
Real estate operating		-			-			-			827,635			827,635
Provision for credit losses		(2,075,877	)		(2,000	)		-			-			(2,077,877	)
Depreciation and amortization		-			-			-			2,746,392			2,746,392
Interest expense		10,644,305			576,265			937,491			1,010,085			13,168,146
Net result from derivative transactions		(936,216	)		(254,709	)		-			(373,714	)		(1,564,639	)
General and administrative		4,650,762			-			-			-			4,650,762
Total expenses		12,282,974			319,556			937,491			4,210,398			17,750,419
Other Income:
Gain on deed in lieu of foreclosures		2,219,023			-			-			-			2,219,023
Earnings (losses) from investments in unconsolidated entities		18,252			-			(4,948,352	)		-			(4,930,100	)
Income (loss) before income taxes		8,675,715			935,870			(5,528,941	)		(2,758,937	)		1,323,707
Income tax benefit		-			-			-			(2,673	)		(2,673	)
Segment net income (loss)	$	8,675,715		$	935,870		$	(5,528,941	)	$	(2,756,264	)	$	1,326,380


	For the Three Months Ended March 31, 2025
	Affordable Multifamily Investments			Seniors and Skilled Nursing Investments		Market-Rate Joint Venture Investments			MF Properties			Partnership Total
Revenues:
Investment income	$	17,636,796		$	1,042,186	$	2,396,591		$	-		$	21,075,573
Other interest income		2,097,852			190,313		-			-			2,288,165
Other income		958,825			-		-			-			958,825
Total revenues		20,693,473			1,232,499		2,396,591			-			24,322,563
Expenses:
Provision for credit losses		(179,000	)		7,000		-			-			(172,000	)
Depreciation		3,542			-		-			-			3,542
Interest expense		12,448,644			652,294		396,357			-			13,497,295
Net result from derivative transactions		2,503,968			532,169		-			-			3,036,137
General and administrative		4,570,261			-		-			-			4,570,261
Total expenses		19,347,415			1,191,463		396,357			-			20,935,235
Other Income:
Gain on sale of investments in unconsolidated entities		-			-		5,220			-			5,220
Earnings (losses) from investments in unconsolidated entities		-			-		(992,259	)		-			(992,259	)
Income before income taxes		1,346,058			41,036		1,013,195			-			2,400,289
Income tax benefit		-			-		-			(2,733	)		(2,733	)
Segment net income	$	1,346,058		$	41,036	$	1,013,195		$	2,733		$	2,403,022