UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION
                    WASHINGTON, D.C. 20549

                         FORM 10-Q

     Quarter Report Pursuant to Section 13 or 15(d) of the
              Securities Exchange Act of 1934

                        
For the quarterly period ended     December 31, 1995

Commission file number   33-11194


               CENTURY PACIFIC HOUSING FUND-I
     (Exact name of registrant as specified in its charter)

         California                       95-3938971
(state of other jurisdiction of           (I.R.S. Employer
incorporation of organization)            Identification Number)


1925 Century Park East, Suite 1760
Los Angeles, CA                           90067
(Address of principal executive offices)  (Zip Code)


Registrant's telephone number, including area code:
(800)262-8242


No Change
(Former name, former address and former fiscal year if changed
since last report)


Indicate by a check mark whether the registrant (1) has filed
all reports required to be filed by Section 13 or 15(d) of
the Securities Exchange Act of 1934 during the preceding 12
months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days.


Yes [x]        No[ ]