<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-31-1999 <PERIOD-END> JUN-30-1999 <CASH> 20,722,659 <SECURITIES> 229,636,546<F1> <RECEIVABLES> 1,801,722 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 10,139,750<F2> <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 262,300,677 <CURRENT-LIABILITIES> 2,918,131<F3> <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 259,399,589 <OTHER-SE> 17,043<F4> <TOTAL-LIABILITY-AND-EQUITY> 262,300,677 <SALES> 0 <TOTAL-REVENUES> 8,962,776<F5> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2,180,845<F6> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 6,781,931 <INCOME-TAX> 0 <INCOME-CONTINUING> 6,781,931 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,781,931 <EPS-BASIC> 0 <EPS-DILUTED> 0 <FN> <F1> Includes Participating Insured Mortgage Investments ("PIMIs") (insured mortgages of $132,454,926 and Additional Loans of $23,298,351) Participating Insured Mortgages ("PIMs") of $38,165,995 and Mortgage-backed Securities ("MBS") of $35,717,274. <F2> Includes prepaid acquisition fees and expenses of $15,457,112 net of accumulated amortization of $7,910,218 and prepaid participation servicing fees of $5,152,370 net of accumulated amortization of $2,559,514. <F3> Includes deferred income on Additional Loans of $2,737,012. <F4> Unrealized loss on MBS. <F5> Represents interest income on investments in mortgages and cash. <F6> Includes $980,656 of amortization of prepaid fees and expenses. </FN>