SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
AMENDMENT NO. 1 TO
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 1, 1999
WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 6
(Exact name of registrant as specified in its charter)
California 333-24111 33-0761578
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
3158 Redhill Avenue, Suite 120, Costa Mesa, California 92626
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (714) 662-5565
N/A
Former name or former address, if changed since last report)
<PAGE>
Item 7. Financial Statements and Exhibits
a. Financial Statements of Businesses Acquired
Inapplicable.
b. Proforma Financial Information
Proforma Balance Sheet, June 30, 1999
Notes to Performa Balance Sheet
c. Exhibits
10.1 Amended and Restated Agreement of Limited Partnership of West
Mobile County Housing, Ltd.*
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*Previously filed
2
<PAGE>
WNC HOUSING TAX CREDIT FUND VI, L.P., Series 6
(A California Limited Partnership)
PROFORMA BALANCE SHEET
June 30, 1999
ASSETS
<TABLE>
Historical Proforma Proforma
Balance Adjustments Balance
--------------------------------------------------
<S> <C> <C> <C>
Cash and cash equivalents $ 8,112,911 $ 8,112,911
Subscriptions receivable 348,243 348,243
Investment in limited 9,709,823 1,963,548 11,673,371
partnerships, net
Loan receivable 1,440,242 - 1,440,242
------------ ----------- ------------
$ 19,611,219 $ 1,963,548 $ 21,574,767
============ =========== ============
LIABILITIES AND PARTNERS' EQUITY
LIABILITIES:
Notes payable to $ 2,563,832 $ 1,963,548 $ 4,527,380
limited partnerships
Accrued fees and expenses
due to general partner
and affiliates 174,131 - 174,131
------------ ----------- ------------
2,737,963 1,963,548 4,701,511
------------ ----------- ------------
PARTNERS' EQUITY (DEFICIT)
General partner (25,480) - (25,480)
Limited partners 16,898,736 - 16,898,736
------------ ----------- ------------
Total partners' equity 16,873,256 - 16,873,256
------------ ----------- ------------
$ 19,611,219 $ 1,963,548 $ 21,574,767
============ =========== ============
</TABLE>
- Unaudited -
See Accompanying Notes to Proforma Balance Sheet
FS-1
<PAGE>
WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 6
(A California Limited Partnership)
NOTES TO UNAUDITED PROFORMA BALANCE SHEET
NOTE 1 - GENERAL
The information contained in the following notes to the proforma balance sheet
is condensed from that which appears in the financial statements. Accordingly,
this proforma balance sheet should be reviewed in conjunction with the financial
statements and related notes thereto contained in the WNC Housing Tax Credit
Fund VI, L.P., Series 6 financial statements dated June 30, 1999. WNC Housing
Tax Credit Fund VI, L.P., Series 6 is referred to in these notes as the
"Partnership."
NOTE 2 - INTRODUCTION TO PROFORMA ADJUSTMENTS
As of June 30, 1999, the Partnership had acquired a limited partnership
interest in seven limited partnerships: Trenton Village Apartments., L.P.
(TRENTON); United Development Co., L.P. - 97.0 (UNITED 97.0); Desloge Associates
I, L.P. (DESLOGE); Brighton Ridge Apartments, L.P. (BRIGHTON RIDGE); Ottawa I,
L.P. (OTTAWA); Preservation Partners I, L.P. (PRESERVATION); and Summer Wood,
Ltd. (SUMMER WOOD). Except for PRESERVATION, each owns one apartment complex.
PRESERVATION owns the Autumn Ridge I Apartments (PRESERVATION AUTUMN), the
Pontiac "A" Apartments (PRESERVATION PONTIAC) and the Shumway Apartments
(PRESERVATION SHUMWAY). Subsequent to June 30, 1999, the Partnership has
acquired an interest in one limited partnership: West Mobile County Housing,
Ltd. (WEST MOBILE) which owns one apartment complex. This investment commits the
Partnership to capital contributions as follows:
WEST MOBILE $ 1,963,548
===========
FS-2
<PAGE>
WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 6
(A California Limited Partnership)
NOTES TO UNAUDITED PROFORMA BALANCE SHEET
NOTE 2 - INTRODUCTION TO PROFORMA ADJUSTMENTS (Continued)
In accordance with Article 11, Proforma Financial Information of Regulation S-X
of the Securities and Exchange Commission, the accompanying proforma balance
sheet was computed assuming that the limited partnerships discussed above were
acquired at the end of the period presented. The adjustment to investment in
limited partnerships and the adjustment to notes payable to limited partnerships
of $1,963,548 reflects the Partnership's acquisition of one limited partnership
interest as if the Partnership's date of acquisition was June 30, 1999.
The one limited partnership was under construction or rehabilitation during the
period presented and had no operations which should be reported. The Partnership
will use the equity method of accounting to account for its investments in this
local limited partnership.
FS-3
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 6
Date: September 15, 1999 By: WNC & Associates, Inc.,
------------------- General Partner
By: /s/ JOHN B. LESTER, JR.
John B. Lester, Jr.,
President
