<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-2000
<PERIOD-END> MAR-31-2000
<CASH> 188,645
<SECURITIES> 1,443,509
<RECEIVABLES> 000
<ALLOWANCES> 000
<INVENTORY> 000
<CURRENT-ASSETS> 000
<PP&E> 000
<DEPRECIATION> 000
<TOTAL-ASSETS> 22,788,528 <F1>
<CURRENT-LIABILITIES> 000
<BONDS> 000
<COMMON> 000
000
000
<OTHER-SE> 22,273,402
<TOTAL-LIABILITY-AND-EQUITY> 22,788,528 <F2>
<SALES> 000
<TOTAL-REVENUES> 92,304 <F3>
<CGS> 000
<TOTAL-COSTS> 000
<OTHER-EXPENSES> 402,079 <F4>
<LOSS-PROVISION> 000
<INTEREST-EXPENSE> 000
<INCOME-PRETAX> 000
<INCOME-TAX> 000
<INCOME-CONTINUING> 000
<DISCONTINUED> 000
<EXTRAORDINARY> 000
<CHANGES> 000
<NET-INCOME> (2,195,805) <F5>
<EPS-BASIC> (59.56)
<EPS-DILUTED> 000
<FN>
<F1>Included in Total assets: Investments in Local Limited Partnerships of
$21,137,909 and Other assets of $18,465 <F2>Included in Total Liabilities and
Equity: Accounts payable to affiliate of $479,028 and Accrued expenses of
$36,098 <F3>Included in Total revenue: Investment of $90,604 and Other of $1,700
<F4>Included in Other expenses: Asset management fees of $210,716, General and
administrative of $161,421 and Amortization of $29,942 <F5>Included in Net loss:
Equity in losses of Local Limited Partnerships of $1,886,030
</FN>
</TABLE>