<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> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 9,715,995 <SECURITIES> 267,713,662<F1> <RECEIVABLES> 1,965,538 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 15,149,423<F2> <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 294,544,438 <CURRENT-LIABILITIES> 1,714,859<F3> <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 298,918,122 <OTHER-SE> (88,543)<F4> <TOTAL-LIABILITY-AND-EQUITY> 294,544,438 <SALES> 0 <TOTAL-REVENUES> 10,364,288<F5> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2,529,207<F6> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 7,835,081 <INCOME-TAX> 0 <INCOME-CONTINUING> 7,835,081 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 7,835,081 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <FN> <F1>Includes Partcipating Insured Mortgage Investments ("PIMIs") (insured mortgages of $149,762,792 and Additional Loans of $30,417,351), Participating Insured Mortgages ("PIMs") of $49,424,899 and Mortgage-Backed Securities ("MBS") of $38,108,620. <F2>Includes prepaid acquisition fees and expenses of $16,483,642 net of accumulated amortization of $5,305,009 and prepaid participating servicing of $5,494,457 net of accumulated amortization of $1,523,937. <F3>Includes deferred income on Additional Loans of $1,698,819. <F4>Unrealized gain on MBS. <F5>Represents interest income on investments in mortgages and cash. <F6>Includes $1,057,825 of amortization for prepaid fees and expenses. </FN>