SEPTEMBER 8, 1997
SUPPLEMENT NO. 2 TO PROSPECTUS FOR
BOSTON CAPITAL TAX CREDIT FUND IV L.P.
DATED
AUGUST 1, 1997
(SUPPLEMENT EXPANDING THE OFFERING OF
BCTC IV SERIES 30)
This Supplement is part of, and should be read in conjunction with, the
Prospectus of the Fund. Capitalized terms used herein but not defined have
the meanings ascribed to them in the Prospectus. This Supplement No. 2 should
be read in conjunction with Supplement No. 1.
Expansion of BCTC IV Series 30
The General Partner is authorized to increase the offering amount of any
series of BACs up to the total amount of authorized but unissued BACs at any
time prior to the final issuance of BACs with respect to such series. (See
"The Offering -- Issuance of BACs in Series".) Based on the current
assessment by the General Partner and the Dealer-Manager of the marketing
results as to the sale of BACs in Series 30 and of the Fund's ability to
identify and acquire, on behalf of Series 30, Interests in Operating
Partnerships which will meet its investment criteria (see "Investment
Objectives and Acquisition Policies"), the offering of BACs in Series 30
hereby is increased from 2,500,000 BACs ($25,000,000) to 2,650,000 BACs
($26,500,000). No additional Operating Partnerships or Apartment Complexes
have been identified, and thus not all the proceeds anticipated from the sale
of the additional BACs have been identified for investment, but any such
additional investments will meet the criteria set forth in the Prospectus
under "Investment Objectives and Acquisition Policies" and "Investment in
Operating Partnerships". To the extent additional Operating Partnership
Interests are acquired, the Fund's ability to diversity the Series 30
portfolio (by expanding the number of Operating Partnerships invested in by
the Fund) will be increased (See "Risk Factors -- Risk of Limited
Diversification".) See "Risk Factors -- Risk of Unspecified Investments"
regarding the Fund's ability to acquire Operating Partnership Interests.
