Developer loans over time
The association's own balance sheets list a set of accounts labeled "Dvlpr Ln" (developer loan). This page adds them up, month by month, from the statements in the archive. Nothing here is estimated: each figure was found on the page it links to.
$15,320,763.57
Loan principal at the end of Jul 2026, across 9 accounts
−$634,281.78
Change from $15,955,045.35 in Jan 2025
- 2018 amenity loan
- 2023 amenity loan
- Accrued interest
- Seven year-named notes
Tap a month for its figures. Swipe sideways for more months.
View as a table
| Month | 2018 amenity loan | 2023 amenity loan | Accrued interest | Seven year-named notes | Total |
|---|---|---|---|---|---|
| Jan 2025 | $11,523,858.64 | $2,119,522.23 | $113,196.17 | $2,311,664.48 | $16,068,241.52 |
| Feb 2025 | $11,502,248.30 | $2,119,522.23 | $117,847.66 | $2,312,831.62 | $16,052,449.81 |
| Mar 2025 | No statement in the archive. | ||||
| Apr 2025 | No statement in the archive. | ||||
| May 2025 | A scan: figures not machine-checked, so not plotted. | ||||
| Jun 2025 | No statement in the archive. | ||||
| Jul 2025 | No statement in the archive. | ||||
| Aug 2025 | A scan: figures not machine-checked, so not plotted. | ||||
| Sep 2025 | $11,349,710.04 | $2,119,522.23 | $150,680.61 | $2,320,781.78 | $15,940,694.66 |
| Oct 2025 | $11,327,736.89 | $2,119,522.23 | $155,410.20 | $2,321,883.96 | $15,924,553.28 |
| Nov 2025 | $11,305,717.96 | $2,119,522.23 | $160,149.64 | $2,323,170.76 | $15,908,560.59 |
| Dec 2025 | $11,283,653.16 | $2,119,522.23 | $162,971.39 | $2,324,138.33 | $15,890,285.11 |
| Jan 2026 | $11,261,542.39 | $2,230,503.80 | $0.00 | $2,057,088.34 | $15,549,134.53 |
| Feb 2026 | A scan: figures not machine-checked, so not plotted. | ||||
| Mar 2026 | A scan: figures not machine-checked, so not plotted. | ||||
| Apr 2026 | This file is the March 2026 statement. | ||||
| May 2026 | $11,172,637.72 | $2,230,503.80 | $0.00 | $1,994,182.39 | $15,397,323.91 |
| Jun 2026 | $11,150,295.66 | $2,230,503.80 | $0.00 | $1,978,309.50 | $15,359,108.96 |
| Jul 2026 | $11,127,907.06 | $2,230,503.80 | $0.00 | $1,962,352.71 | $15,320,763.57 |
How each account moved, month to month
Changes are shown only between statements in consecutive months that were read reliably (7 pairs; the gaps are in the chart). A move is marked unusual when it is a change of at least $10,000 that is ten or more times the account's median change across these statements.
| Account | Jan → Feb 2025 | Sep → Oct 2025 | Oct → Nov 2025 | Nov → Dec 2025 | Dec → Jan 2026 | May → Jun 2026 | Jun → Jul 2026 |
|---|---|---|---|---|---|---|---|
| 21701 Dvlpr Ln 2018 Amenity Center | −$21,610.34 | −$21,973.15 | −$22,018.93 | −$22,064.80 | −$22,110.77 | −$22,342.06 | −$22,388.60 |
| 21703 Dvlpr Ln 2023 Amenity Center | $0.00 | $0.00 | $0.00 | $0.00 | +$110,981.57unusual | $0.00 | $0.00 |
| 21704 Dvlpr Ln 2023 Amenity Ctr Accrued Interest | +$4,651.49 | +$4,729.59 | +$4,739.44 | +$2,821.75 | −$162,971.39unusual | — | — |
| 24501 Dvlpr Ln 2018 | −$1,069.33 | −$1,126.19 | −$1,112.00 | −$1,135.51 | −$1,121.68 | −$1,146.35 | −$1,168.90 |
| 24502 Dvlpr Ln 2019 | −$863.23 | −$892.43 | −$896.15 | −$899.88 | −$903.63 | −$922.62 | −$926.46 |
| 24503 Dvlpr Ln 2021 | +$1,587.91 | +$1,588.81 | +$1,648.51 | +$1,473.21 | −$87,102.61unusual | −$2,013.25 | −$2,021.64 |
| 24504 Dvlpr Ln 2022 | +$1,014.77 | +$1,161.28 | +$1,128.59 | +$1,155.33 | −$50,622.28unusual | −$1,497.51 | −$1,503.75 |
| 24505 Dvlpr Ln 2020 | −$3,848.51 | −$3,978.68 | −$3,995.25 | −$4,011.90 | −$4,028.62 | −$4,113.26 | −$4,130.38 |
| 24506 Dvlpr Ln 2023 | +$2,926.87 | +$2,929.47 | +$3,039.73 | +$2,954.34 | −$72,744.47unusual | −$4,230.43 | −$4,248.07 |
| 24507 Dvlpr Ln 2022 | +$1,418.66 | +$1,419.92 | +$1,473.37 | +$1,431.98 | −$50,526.70unusual | −$1,949.47 | −$1,957.59 |
6 moves met that rule, all in the Jan 2026 statement.
December 2025 to January 2026
The January 2026 statement is where the loan accounts changed. The table compares three numbers per account: the December balance as printed in the December statement, the same December balance as the January statement prints it in its prior-month column, and the January balance. The statements do not say why they differ.
| Account | Dec 2025, in Dec statement | Dec 2025, in Jan statement | Jan 2026 |
|---|---|---|---|
| 21703 Dvlpr Ln 2023 Amenity Center | $2,119,522.23 | $2,067,532.41 | $2,230,503.80 |
| 21704 Dvlpr Ln 2023 Amenity Ctr Accrued Interest | $162,971.39 | $162,971.39 | $0.00 |
| 211 Accounts Payable | $8,093.02 | $117,145.18 | $789.37 |
| 210 Accrued Expense | $54,041.66 | $57,715.12 | $66,304.02 |
| 127 Amenity Center | $8,411,242.15 | $8,408,634.71 | $8,408,634.71 |
One thing the arithmetic shows: the January balance of 21703 ($2,230,503.80) equals its December figure as the January statement prints it ($2,067,532.41) plus $162,971.39, which is exactly the December balance of the accrued-interest account 21704, and 21704 is $0.00 in January. The statements do not say whether the two are connected.
Each figure links to the printed page. A change between the first two columns means the December figure was restated after it was first reported.
What this cannot tell you
- Statements for Mar 2025, Apr 2025, May 2025, Jun 2025, Jul 2025, Aug 2025, Feb 2026, Mar 2026, Apr 2026 are missing, scans, or the wrong file, so those months are blank rather than guessed. The findings page says which.
- The Jan 2025 and Feb 2025 statements are marked operating fund only, so those months come from a narrower statement than the rest.
- A separate account, 21710 WAB Loan, appears only in Jul 2026, at −$25,000.00. It is not counted above.
- The balance sheets show balances, not payments. Why a balance moved needs ledger detail, which is not in this archive.
- What the documents say about the subsidy and the promissory notes is in the plain-language guide, with the passages it rests on. They do not say what the notes' terms are.