<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-2001
<PERIOD-END> SEP-30-2000
<CASH> 201,380
<SECURITIES> 863,906
<RECEIVABLES> 000
<ALLOWANCES> 000
<INVENTORY> 000
<CURRENT-ASSETS> 000
<PP&E> 000
<DEPRECIATION> 000
<TOTAL-ASSETS> 1,770,817<F1>
<CURRENT-LIABILITIES> 000
<BONDS> 000
000
000
<COMMON> 000
<OTHER-SE> 1,627,541
<TOTAL-LIABILITY-AND-EQUITY> 1,770,817<F2>
<SALES> 000
<TOTAL-REVENUES> 142,515<F3>
<CGS> 000
<TOTAL-COSTS> 000
<OTHER-EXPENSES> 279,512<F4>
<LOSS-PROVISION> 000
<INTEREST-EXPENSE> 000
<INCOME-PRETAX> 000
<INCOME-TAX> 000
<INCOME-CONTINUING> 000
<DISCONTINUED> 000
<EXTRAORDINARY> 000
<CHANGES> 000
<NET-INCOME> (531,927)<F5>
<EPS-BASIC> (10.53)
<EPS-DILUTED> 000
<FN>
<F1>Included in Total Assets: Investments in Local Limited Partnerships, net of
$693,279, and Other assets of $12,252
<F2>Included in Total Liabilities and Equity: Accounts Payable to affiliates
of $122,100 and Accounts Payable and accrued expenses of $21,176
<F3>Included in Total Revenue: Investment of $30,235 and Other of $112,280
<F4>Included in Other Expenses: General and administrative of $188,591,
Provision for valuation of investment in Local Limited
Partnership of $80,000 and Amortization of $10,921
<F5>Included in Net Loss: Equity in losses of Local Limited Partnerships of
$394,930
</FN>
</TABLE>