<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the quarter ended December 30, 1997 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> 1.00 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> MAR-30-1998 <PERIOD-START> MAR-31-1997 <PERIOD-END> DEC-30-1997 <EXCHANGE-RATE> 1.00 <CASH> 509 <SECURITIES> 4,263 <RECEIVABLES> 68 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 20,899 <CURRENT-LIABILITIES> 1,144 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 20,899 <SALES> 0 <TOTAL-REVENUES> 267 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> (533) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (2,351) <INCOME-TAX> 0 <INCOME-CONTINUING> (2,351) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,351) <EPS-PRIMARY> (41.75) <EPS-DILUTED> 0