<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Johnstown Consolidated Income Partners 1996 First Quarter 10-QSB and is qualified in its entirety by reference to such 10-QSB filing. </LEGEND> <CIK> 0000787621 <NAME> JOHNSTOWN CONSOLIDATED INCOME PARTNERS <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 1,672 <SECURITIES> 447 <RECEIVABLES> 43 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0<F1> <PP&E> 13,634 <DEPRECIATION> 5,547 <TOTAL-ASSETS> 10,719 <CURRENT-LIABILITIES> 0<F1> <BONDS> 1,881 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 8,626 <TOTAL-LIABILITY-AND-EQUITY> 10,719 <SALES> 0 <TOTAL-REVENUES> 559 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 502 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 49 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 57 <EPS-PRIMARY> .44 <EPS-DILUTED> 0 <FN> <F1>The Partnership has an unclassified balance sheet. </FN>