<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL
STATEMENTS FOR LIBERTY TAX CREDIT PLUS L.P. AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANACIAL STATEMENTS
</LEGEND>
<CIK> 0000818020
<NAME> LIBERTY TAX CREDIT PLUS L.P.
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> MAR-15-2001
<PERIOD-START> MAR-16-2000
<PERIOD-END> JUN-15-2000
<CASH> 16,521,121
<SECURITIES> 0
<RECEIVABLES> 877,263
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 1,101,660
<PP&E> 258,671,308
<DEPRECIATION> 102,060,512
<TOTAL-ASSETS> 178,615,913
<CURRENT-LIABILITIES> 32,992,357
<BONDS> 158,447,078
0
0
<COMMON> 0
<OTHER-SE> (12,823,522)
<TOTAL-LIABILITY-AND-EQUITY> 178,615,913
<SALES> 0
<TOTAL-REVENUES> 9,128,354
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 8,254,014
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 3,537,500
<INCOME-PRETAX> 0
<INCOME-TAX> (2,531,922)
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (2,531,922)
<EPS-BASIC> (156.79)
<EPS-DILUTED> 0
</TABLE>