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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12B-25
Commission File Number 33-11194
NOTIFICATION OF LATE FILING
(Check One): /X/Form 10-K / /Form 11-K / /Form 20-F / /Form 10-Q
/ / Form N-SAR
For Period Ended: March 31, 1998
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/ / Transition Report on Form 10-K / / Transition Report on Form 10-Q
/ / Transition Report on Form 20-F / / Transition Report on Form N-SAR
/ / Transition Report on Form 11-K
For the Transition Period Ended: ________________________________________
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
If the notification relates to a portion of the filing checked above,
identify the item(s) to which the notification relates:_________________________
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PART I
REGISTRANT INFORMATION
Full name of registrant Century Pacific Housing Fund I
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Former name if applicable
Not Applicable
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Address of principal executive office (STREET AND NUMBER)
1925 Century Park East, Suite 1760
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City, state and zip code Los Angeles, California 90067
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PART II
RULE 12B-25 (b) AND (c)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate.)
(a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
/X/ (b) The subject annual report, semi-annual report, transition report on
Form 10-K, 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or
before the 15th calendar day following the prescribed due date; or the
subject quarterly report or transition report on Form 10-Q, or portion
thereof will be filed on or before the fifth calendar day following the
prescribed due date; and
(c) The accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.
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PART III
NARRATIVE
Registrant's accountants required additional time to complete the audit of
registrant's financial statements. A letter from registrant's accountants is
attached to this form as Exhibit 1.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Essie Safaie 310 208-1888
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(NAME) (AREA CODE) (TELEPHONE NUMBER)
(2) Have all other periodic reports required under Section 13 or 15(d) of
the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
of 1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such reports(s) been filed? If the answer is
no, identify reports(s)?
/X/ Yes / / No
(3) Is it anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion thereof?
/ / Yes /X/ No
If so: attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.
Century Pacific Housing Fund I
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(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: June 30, 1998 By: CENTURY PACIFIC CAPITAL CORPORATION,
General Partner
By: /s/ Essie Safaie
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Essie Safaie
Chief Financial Officer
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June 30, 1998
Essie Safaie
Century Pacific Housing Fund I
1925 Century Park East
Los Angeles, CA 90067
Dear Essie,
Due to non-receipt of independence confirmations from third party auditors,
of a portion of the balances to be included in the financial information of
the report, we have not completed all of our audit procedures as of June 30,
1998 and cannot issue a report thereon. We acknowledge that a copy of this
letter will accompany the filing of the form 12b-25 under rule 12b-25(c) for
notification of filing extension.
Sincerely,
NOVOGRADAC & COMPANY LLP
By /s/ Mark Simons
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Mark Simons
