<ARTICLE> 5 <LEGEND> The schedule contains summary financial information extracted from the balance sheet and statement of income and is qualfied in its entirety by reference to such financial statements </LEGEND> <CIK> 0000872467 <NAME> KRUPP GOVERNEMNT INCOME TRUST-II <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 9,748,862 <SECURITIES> 271,535,831<F1> <RECEIVABLES> 2,254,580 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 17,266,782<F2> <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 300,806,055 <CURRENT-LIABILITIES> 1,326,112<F3> <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 300,688,497 <OTHER-SE> (1,208,554)<F4> <TOTAL-LIABILITY-AND-EQUITY> 300,806,055 <SALES> 0 <TOTAL-REVENUES> 10,118,470<F5> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2,478,233<F6> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 7,640,237 <INCOME-TAX> 0 <INCOME-CONTINUING> 7,640,237 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 7,640,237 <EPS-PRIMARY> .42 <EPS-DILUTED> 0 <FN> <F1>Includes Participating Insured Mortgage Investments ("PIMIs") (insured mortgages of $150,115,142 and Additional Loans of $29,952,351), Participating Insured Mortgages ("PIMs") of $49,018,231 and Mortgage-Backed Securities ("MBS") of $42,450,107 <F2>Includes prepaid acquisition fees and expenses of $16,483,642 net of accumulated amortization of $3,716,829 and prepaid participation servicing fees of $5,494,547 net of accumulated amortization of $994,578 <F3>Includes deferred income on Additional Loans of $1,304,338 <F4>Unrealized loss on MBS <F5>Represents interest income on investments in mortgages and cash <F6>Includes $1,032,691 of amortization expense for prepaid fees and expenses </FN>