<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> 0000872467 <NAME> KRUPP GOVERNMENT INCOME TRUST II <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> MAR-31-2000 <CASH> 7,124,929 <SECURITIES> 201,820,087<F1> <RECEIVABLES> 1,476,945 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 7,948,178<F2> <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 218,370,139 <CURRENT-LIABILITIES> 2,988,381<F3> <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 215,970,925 <OTHER-SE> (589,167)<F4> <TOTAL-LIABILITY-AND-EQUITY> 218,370,139 <SALES> 0 <TOTAL-REVENUES> 4,908,065<F5> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,322,822<F6> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 3,585,243 <INCOME-TAX> 0 <INCOME-CONTINUING> 3,585,243 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,585,243 <EPS-BASIC> 0 <EPS-DILUTED> 0 <FN> <F1> Includes Participating Insured Mortgage Investments ("PIMIs") (insured mortgages of $122,245,357 and Additional Loans of $21,298,351), Participating Insured Mortgages ("PIMs") of $37,906,200 and Mortgage-backed Securities ("MBS") of $20,370,179. <F2> Includes prepaid acquisition fees and expenses of $13,795,837 net of accumulated amortization of $7,968,612 and prepaid participation servicing fees of $4,495,719 net of accumulated amortization of $2,374,766. <F3> Includes deferred income on Additional Loans of $2,846,447. <F4> Unrealized loss on MBS. <F5> Represents interest income on investments in mortgages and cash. <F6> Includes $806,974 of amortization of prepaid fees and expenses. </FN>