<ARTICLE>                  5

                                                  
<PERIOD-TYPE>                                        6-MOS
<FISCAL-YEAR-END>                                    MAR-31-2000
<PERIOD-END>                                         SEP-30-1999
<CASH>                                               57,593
<SECURITIES>                                         1,574,439
<RECEIVABLES>                                        000
<ALLOWANCES>                                         000
<INVENTORY>                                          000
<CURRENT-ASSETS>                                     000
<PP&E>                                               000
<DEPRECIATION>                                       000
<TOTAL-ASSETS>                                       23,661,923<F1>
<CURRENT-LIABILITIES>                                000
<BONDS>                                              000
<PREFERRED-MANDATORY>                                000
<PREFERRED>                                          000
<COMMON>                                             000
<OTHER-SE>                                           23,288,866
<TOTAL-LIABILITY-AND-EQUITY>                         23,661,923<F2>
<SALES>                                              000
<TOTAL-REVENUES>                                     45,423<F3>
<CGS>                                                000
<TOTAL-COSTS>                                        000
<OTHER-EXPENSES>                                     185,125<F4>
<LOSS-PROVISION>                                     000
<INTEREST-EXPENSE>                                   000
<INCOME-PRETAX>                                      000
<INCOME-TAX>                                         000
<INCOME-CONTINUING>                                  000
<DISCONTINUED>                                       000
<EXTRAORDINARY>                                      000
<CHANGES>                                            000
<NET-INCOME>                                         (1,189,329)<F5>
<EPS-BASIC>                                        (32.26)
<EPS-DILUTED>                                        000
<FN>
<F1>Total assets include Investments in Local Limited Partnerships of $22,011,844 and Other assets of $18,047.
<F2>Total  liability  and equity  includes  Accounts  payable  to  affiliate  of  $345,760  and  Accrued  expenses  of
$27,297.
<F3>Total revenue includes Investment of $44,273 and Other of $1,150.
<F4>Other  Expenses include Asset Management fees,  related party of $103,110,  General and  administrative of $67,044
and Amortization of $14,971.
<F5>Net loss includes Equity in losses of Local Limited Partnerships of $1,049,627.
</FN>