<PAGE> PAGE 1
000 B000000 12/31/94
000 C000000 0000922673
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 TAX EXEMPT HOUSING RESERVE FUND
001 B000000 811-8498
001 C000000 6106491450
002 A000000 120 EAST MONTGOMERY AVENUE
002 B000000 ARDMORE
002 C000000 PA
002 D010000 19003
003 000000 Y
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 MOORE FINANCIAL GROUP INC.
008 B000001 A
008 C000001 801-0000
008 D010001 ARDMORE
008 D020001 PA
008 D030001 19003
008 A000002 WEISS, PECK AND GREER
008 B000002 S
008 C000002 801-6604
008 D010002 NEW YORK
008 D020002 NY
008 D030002 10004
010 A000001 SEI FINANCIAL MANAGEMENT CORPORATION
010 B000001 8-27897
010 C010001 WAYNE
010 C020001 PA
010 C030001 19087
012 A000001 SEI FINANCIAL MANAGEMENT CORPORATION
012 B000001 84-0000
<PAGE> PAGE 2
012 C010001 WAYNE
012 C020001 PA
012 C030001 19087
013 A000001 ARTHUR ANDERSON & CO
013 B010001 PHILADELPHIA
013 B020001 PA
013 B030001 19103
015 A000001 CORESTATES BANK, N.A.
015 B000001 C
015 C010001 PHILALDELPHIA
015 C020001 PA
015 C030001 19101
015 E010001 X
018 000000 Y
019 A000000 N
019 B000000 0
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 DEAN WITTER REYNOLDS
022 B000001 94-1671384
022 C000001 2873
022 D000001 991
022 A000002 CARROLL MCENTEE
022 B000002 13-2650272
022 C000002 900
022 D000002 0
022 A000003 LEHMAN BROTHERS
022 B000003 13-2927667
022 C000003 570
022 D000003 289
022 A000004 PAINE WEBBER
022 B000004 13-2760086
022 C000004 206
022 D000004 464
022 A000005 EMMETT
022 C000005 206
022 D000005 281
022 A000006 SMITH BARNEY
022 B000006 13-1912900
022 C000006 0
022 D000006 346
022 A000007 MERRILL LYNCH
<PAGE> PAGE 3
022 B000007 13-5674085
022 C000007 226
022 D000007 0
022 A000008 HSBC SECURITIES, INC.
022 C000008 133
022 D000008 0
022 A000009 KIDDER PEABODY
022 B000009 23-0972337
022 C000009 66
022 D000009 0
022 A000010 WILLIAM BLAIR & COMPANY
022 C000010 65
022 D000010 0
023 C000000 5443
023 D000000 2539
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 1350
028 A020000 0
028 A030000 0
028 A040000 0
028 B010000 0
028 B020000 0
028 B030000 200
028 B040000 0
028 C010000 113
028 C020000 0
028 C030000 100
028 C040000 0
028 D010000 0
028 D020000 0
028 D030000 0
028 D040000 0
028 E010000 0
<PAGE> PAGE 4
028 E020000 0
028 E030000 25
028 E040000 0
028 F010000 0
028 F020000 0
028 F030000 1018
028 F040000 0
028 G010000 1463
028 G020000 0
028 G030000 1343
028 G040000 0
028 H000000 0
029 000000 N
030 A000000 0
030 B000000 0.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 0
034 000000 N
035 000000 0
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 Y
041 000000 N
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 0
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.800
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
<PAGE> PAGE 5
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 Y
053 B000000 Y
053 C000000 N
054 A000000 Y
054 B000000 Y
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 N
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 5000
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
<PAGE> PAGE 6
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 0.0
064 A000000 N
066 A000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 N
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 N
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 N
070 P020000 N
<PAGE> PAGE 7
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 774
071 B000000 755
071 C000000 424
071 D000000 178
072 A000000 6
072 B000000 20
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 4
072 G000000 32
072 H000000 0
072 I000000 13
072 J000000 1
072 K000000 0
072 L000000 0
072 M000000 4
072 N000000 0
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 13
072 S000000 5
072 T000000 0
072 U000000 8
072 V000000 0
072 W000000 10
072 X000000 90
072 Y000000 56
072 Z000000 -14
072AA000000 0
072BB000000 10
072CC010000 0
072CC020000 0
072DD010000 0
072DD020000 0
072EE000000 0
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 135
074 B000000 0
074 C000000 0
074 D000000 0
074 E000000 0
074 F000000 0
<PAGE> PAGE 8
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 0
074 K000000 0
074 L000000 0
074 M000000 94
074 N000000 229
074 O000000 0
074 P000000 102
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 31
074 S000000 0
074 T000000 96
074 U010000 10
074 U020000 0
074 V010000 9.60
074 V020000 0.00
074 W000000 0.0000
074 X000000 2
074 Y000000 0
075 A000000 0
075 B000000 1042
076 000000 0.00
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 Y
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
080 A000000 RELIANCE INS/GULF INS/NATIONAL INS
080 C000000 30000
081 A000000 Y
081 B000000 205
082 A000000 N
<PAGE> PAGE 9
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
SIGNATURE ROBERT J MAILEY
TITLE SECRETARY
