<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-2000
<PERIOD-END> MAR-31-2000
<CASH> 331,824
<SECURITIES> 787,391
<RECEIVABLES> 000
<ALLOWANCES> 000
<INVENTORY> 000
<CURRENT-ASSETS> 000
<PP&E> 000
<DEPRECIATION> 000
<TOTAL-ASSETS> 2,254,865 <F1>
<CURRENT-LIABILITIES> 000
<BONDS> 000
<COMMON> 000
000
000
<OTHER-SE> 2,153,173
<TOTAL-LIABILITY-AND-EQUITY> 2,254,865 <F2>
<SALES> 000
<TOTAL-REVENUES> 239,456 <F3>
<CGS> 000
<TOTAL-COSTS> 000
<OTHER-EXPENSES> 1,418,970 <F4>
<LOSS-PROVISION> 000
<INTEREST-EXPENSE> 000
<INCOME-PRETAX> 000
<INCOME-TAX> 000
<INCOME-CONTINUING> 000
<DISCONTINUED> 000
<EXTRAORDINARY> 000
<CHANGES> 000
<NET-INCOME> (1,439,749) <F5>
<EPS-BASIC> (28.51)
<EPS-DILUTED> 000
<FN>
<F1>Included in Total Assets: Investments in Local Limited Partnerships of
$1,105,130, Accounts receivable of $20,000 and Other assets of $10,520
<F2>Included in Total Liabilities and Equity: Accounts payable to affiliates of
$71,000 and Accounts payable and accrued expenses of $30,692 <F3>Included in
Total Revenue: Investment revenue of $98,526 and Other revenue of $140,930
<F4>Included in Other Expenses: General and administrative expenses of $411,403,
Provision for valuation of investments in Local Limited Partnerships of $984,445
and Amortization of $23,122 <F5>Included in Net Loss: Equity in losses of Local
Limited Partnerships of $260,235
</FN>
</TABLE>