<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the quarter ended September 29, 1998 Form 10-Q Balance Sheets and Statements of Operations and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000842314 <NAME> American Tax Credit Properties, II L.P. <MULTIPLIER> 1000 <CURRENCY> US DOLLARS <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> MAR-30-1999 <PERIOD-START> MAR-31-1998 <PERIOD-END> SEP-29-1998 <EXCHANGE-RATE> 1.00 <CASH> 862 <SECURITIES> 4,114 <RECEIVABLES> 68 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 19,164 <CURRENT-LIABILITIES> 1,349 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 19,164 <SALES> 0 <TOTAL-REVENUES> 183 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 361 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (1,106) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,106) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,106) <EPS-PRIMARY> (21.95) <EPS-DILUTED> 0