UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended March 31, 1996
Commission file number 33-11194
CENTURY PACIFIC HOUSING FUND I
(Exact name of registrant as specified in its charter)
CALIFORNIA 95-3938971
(State of other jurisdiction of (IRS Employer
incorporation of organization) Identification Number)
1925 Century Park East, Suite 1760
Los Angeles, CA 90067
(Address of principal executive offices)
Registrant's telephone number, including area code:
(310) 208-1888
NO CHANGE
(Former name, former address and former fiscal year if
changed since last report)
Indicate by a check mark whether the registrant (1) has filed
all reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required
to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
Yes [X] No [ ]
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C> <C>
<PERIOD-TYPE> YEAR YEAR
<FISCAL-YEAR-END> MAR-31-1996 MAR-31-1995
<PERIOD-END> MAR-31-1996 MAR-31-1995
<CASH> 1,754 1,130
<SECURITIES> 0 0
<RECEIVABLES> 0 0
<ALLOWANCES> 0 0
<INVENTORY> 0 0
<CURRENT-ASSETS> 15,549 13,725
<PP&E> 0 0
<DEPRECIATION> 0 0
<TOTAL-ASSETS> 547,704 722,045
<CURRENT-LIABILITIES> 715,998 642,397
<BONDS> 0 0
0 0
0 0
<COMMON> 0 0
<OTHER-SE> 0 0
<TOTAL-LIABILITY-AND-EQUITY> 547,704 722,045
<SALES> 3,900 5,000
<TOTAL-REVENUES> 3,900 5,000
<CGS> 0 0
<TOTAL-COSTS> 0 0
<OTHER-EXPENSES> 75,053 72,069
<LOSS-PROVISION> (247,942) (308,167)
<INTEREST-EXPENSE> 0 0
<INCOME-PRETAX> (247,942) (308,167)
<INCOME-TAX> 0 0
<INCOME-CONTINUING> 0 0
<DISCONTINUED> 0 0
<EXTRAORDINARY> 0 0
<CHANGES> 0 0
<NET-INCOME> (247,942) (308,167)
<EPS-PRIMARY> 0 0
<EPS-DILUTED> 0 0
</TABLE>
CENTURY PACIFIC HOUSING FUND-I
STATEMENTS OF PARTNERS' EQUITY (DEFICIT)
YEARS ENDED MARCH 31, 1996, 1995 AND 1994
Original
General Limited Limited
Partners Partner Partners Total
________ ________ ________ _______
Equity (deficit)
at March 31,1993 $(363,783) - $1,110,744 $746,961
Net Loss (7,183) - (351,963)(359,146)
_________ _________ _________ ________
Equity(Deficit)
at March 31, 1994 (370,966) - 758,781 387,815
Net Loss (6,163) - (302,004)(308,167)
_______ ________ ________ _______
Equity(Deficit)
at March 31, 1995 (377,129) - 456,777 79,648
Net Loss (4,959) - (242,983)(247,942)
_______ ________ ________ ________
Equity(Deficit)
at March 31, 1996 $(382,088) $ - $213,794 $(168,294)
========= ======== ======== ========
Percentage Interest
at March 31, 1996 1% 1% 98% 100%
CENTURY PACIFIC HOUSING FUND-I
STATEMENT OF CASH FLOWS
YEARS ENDED MARCH 31, 1996, 1995 AND 1994
1996 1995 1994
_________ _________ _________
Cash Flows from Operating
Activities:
Net Loss $(247,942) $(308,167) $(359,146)
Adjustments to reconcile
net loss to net cash
provided by operating
activities
Equity in net losses
of Operating Part. 176,789 241,098 256,914
Decrease in accounts
payable and accrued
expenses (1,460) - (19,139)
Increase in payable
to related parties 75,061 68,400 86,862
Amortization of
organization costs - - 35,940
________ ________ ________
Net cash provided by
operating activities 2,448 1,331 1,431
_________ ________ ________
Cash flows from investing
Activities
Advance to affiliate (1,824) (1,534) (265)
________ ________ _______
Net cash used in
investing acti-
vities (1,824) (1,534) (265)
________ ________ _______
Net increase(decrease)
in cash 624 (203) 1,166
Cash at beginning of
period 1,130 1,333 167
_______ _______ ________
Cash at end of period $ 1,754 $ 1,130 $ 1,333
======= ======= =======
