<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
The Schedule contains summary financial information extracted from
the financial statements for Liberty Tax Credit Plus II L.P. and is
qualified in its entirety by reference to such financial statements
</LEGEND>
<CIK> 0000832141
<NAME> LIBERTY TAX CREDIT PLUS II L.P.
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> MAR-31-2001
<PERIOD-START> APR-01-2000
<PERIOD-END> JUN-30-2000
<CASH> 10,003,179
<SECURITIES> 0
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 5,190,853
<PP&E> 240,479,923
<DEPRECIATION> 81,670,565
<TOTAL-ASSETS> 177,891,465
<CURRENT-LIABILITIES> 28,457,700
<BONDS> 120,902,622
0
0
<COMMON> 0
<OTHER-SE> 28,531,143
<TOTAL-LIABILITY-AND-EQUITY> 177,891,465
<SALES> 0
<TOTAL-REVENUES> 6,693,589
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 6,688,525
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 1,954,011
<INCOME-PRETAX> (1,880,166)
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (1,880,166)
<EPS-BASIC> (16.06)
<EPS-DILUTED> 0
</TABLE>