<ARTICLE> 5 <LEGEND> The schedule contains summary financial information extracted from the balance sheet and statement of income and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000857264 <NAME> KRUPP GOVERNMENT INCOME TRUST <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> SEP-30-2000 <CASH> 5,411,061 <SECURITIES> 131,814,757<F1> <RECEIVABLES> 595,686 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,414,719<F2> <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 140,236,223 <CURRENT-LIABILITIES> 3,795,690<F3> <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 136,222,461 <OTHER-SE> 218,072<F4> <TOTAL-LIABILITY-AND-EQUITY> 140,236,223 <SALES> 0 <TOTAL-REVENUES> 8,015,055<F5> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2,036,721<F6> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 5,978,334 <INCOME-TAX> 0 <INCOME-CONTINUING> 5,978,334 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,978,334 <EPS-BASIC> 0 <EPS-DILUTED> 0 <FN> <F1> Includes Participating Insured Mortgage Investments ("PIMIs") (insured mortgages of $59,849,372 and Additional Loans of $8,350,990), Participating Insured Mortgages ("PIMs") of $47,005,385 and Mortgage-backed Securities ("MBS") of $16,609,010. <F2> Includes prepaid acquisition fees and expenses of $8,333,461 net of accumulated amortization of $6,653,725 and prepaid participation servicing fees of $2,777,749 net of accumulated amortization of $2,042,766. <F3> Includes deferred income on Additional Loans of $3,776,921. <F4> Unrealized gain on MBS. <F5> Represents interest income on investments in mortgages and cash. <F6> Includes $772,302 of amortization of prepaid fees and expenses. </FN>