U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER
0-26048
CUSIP NUMBER
none
(Check One):
|_| Form 10-K and Form 10-KSB
|_| Form 20-F
|_| Form 11-K
|X| Form 10-Q and Form 10-QSB
|_| Form N-SAR
For Period Ended: September 30, 1997
|_| Transition Report on Form 10-K |_| Transition Report on Form 20-F |_|
Transition Report on Form 11-K |_| Transition Report on Form 10-Q |_| Transition
Report on Form N-SAR
For the Transition Period Ended:
Read Attached Instruction Sheet Before Preparing Form. Please Print or
Type. Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:
Part I--Registrant Information
Full Name of Registrant
WNC HOUSING TAX CREDIT FUND IV L.P. SERIES 1
Former Name if Applicable
Address of Principal Executive Office
(Street and Number) City, State and Zip Code
3158 Redhill Avenue, Suite 120, Costa Mesa, CA 92626
Part II--Rules 12b-25 (b) and (c)
If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b),the following should
be completed. (Check box if appropriate)
|X| (a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
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|_| (b) The subject annual report, semi-annual report, transtion report on Form
10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or
before the fifteenth calendar day following the prescribed due date; or the
subject quarterly report or transition report on Form 10-Q, or portion thereof
will be filed on or before the fifth calendar day following the prescribed due
date; and
|_| (c) The accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.
Part III--Narrative
State below in reasonable detail the reasons why Form 10-K and Form 10-KSB,
20-F, 11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report or portion
thereof could not be filed within the prescribed period. (Attach Extra Sheets if
Needed)
Information has not been received from the limited partnerships in which the
registrant has investments.
Part IV--Other Information
(1) Name and telephone number of person to contact in regard to this
notification
Theodore M. Paul (714) 662-5565
(2) Have all other periodic reports required under section 13 or 15(d)
of the Securities Exchange Act of 1934 or section 30 of the Investment Company
Act of 1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If the answer is no,
identify report(s).
|_| Yes |X| No
FORM 10K for annual period ended December 31, 1995
FORM 10Q for the quarterly period ended March 31, 1996
FORM 10Q for the quarterly period ended June 30,1996
FORM 10Q for the quarterly period ended September 30, 1996
FORM 10K for annual period ended December 31, 1996
FORM 10Q for the quarterly period ended March 31,1997
FORM 10Q for the quarterly period ended June 30, 1997
(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject report or
portion thereof?
|_| Yes |X| No
If so: attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the reasons why a
reasonable estimate of the results cannot be made.
<PAGE>
WNC HOUSING TAX CREDIT FUND IV L.P. SERIES 1 has caused this notification
to be signed on its behalf by the undersigned thereunto duly authorized.
WNC HOUSING TAX CREDIT FUND IV L.P. SERIES 1
By: WNC Tax Credit Partners IV, L.P. General Partner
By: WNC & Associates, Inc. General Partner
By /s/ Theodore M. Paul
-------------------------
Theodore M. Paul Vice President - Finance
Date: November 11, 1997
