<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-2000
<PERIOD-END> MAR-31-2000
<CASH> 87,187
<SECURITIES> 723,331
<RECEIVABLES> 000
<ALLOWANCES> 000
<INVENTORY> 000
<CURRENT-ASSETS> 000
<PP&E> 000
<DEPRECIATION> 000
<TOTAL-ASSETS> 17,777,051 <F1>
<CURRENT-LIABILITIES> 000
<BONDS> 000
000
000
<COMMON> 000
<OTHER-SE> 17,416,858
<TOTAL-LIABILITY-AND-EQUITY> 17,777,051 <F2>
<SALES> 000
<TOTAL-REVENUES> 142,288 <F3>
<CGS> 000
<TOTAL-COSTS> 000
<OTHER-EXPENSES> 1,185,648 <F4>
<LOSS-PROVISION> 000
<INTEREST-EXPENSE> 000
<INCOME-PRETAX> 000
<INCOME-TAX> 000
<INCOME-CONTINUING> 000
<DISCONTINUED> 000
<EXTRAORDINARY> 000
<CHANGES> 000
<NET-INCOME> (20,962) <F5>
<EPS-BASIC> (0.30)
<EPS-DILUTED> 000
<FN>
<F1>Included in Total Assets: Investments in Local Limited Partnerships of
$16,960,009 and Other assets of $6,524
<F2>Included in Total Liabilities and Partners' Equity: Accounts payable to
affiliates of $288,893 and Accounts payable and accrued expenses of $71,300
<F3>Inclued in Total Revenue: Investment of $51,963 and other of $90,325
<F4>Included in Other Expenses: Asset management fees, related party of
$182,041, General and administrative of $350,609, Provision for valuation of
investments in Local Limited Partnerships of $587,395 and Amortization of
$65,603 <F5> Included in Net Loss: Equity in income of Local Limited
Partnerships of $1,022,398
</FN>
</TABLE>