<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> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> SEP-30-1999 <CASH> 21,221,328 <SECURITIES> 227,362,889<F1> <RECEIVABLES> 1,335,994 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 9,649,421<F2> <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 259,659,632 <CURRENT-LIABILITIES> 2,666,800<F3> <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 257,056,354 <OTHER-SE> 153,522<F4> <TOTAL-LIABILITY-AND-EQUITY> 259,659,632 <SALES> 0 <TOTAL-REVENUES> 13,447,564<F5> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 3,267,770<F6> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 10,179,794 <INCOME-TAX> 0 <INCOME-CONTINUING> 10,179,794 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 10,179,794 <EPS-BASIC> 0 <EPS-DILUTED> 0 <FN> <F1> Includes Participating Insured Mortgage Investments ("PIMIs") (insured mortgages of $132,106,140 and Additional Loans of $23,298,351), Participating Insured Mortgages("PIMs") of $38,081,008 and Mortgage-backed Securities (AMBS@) of $33,877,390. <F2> Includes prepaid acquisition fees and expenses of $15,457,112 net of accumulated amortization of $8,281,546 and prepaid participation servicing fees of $5,152,370 net of accumulated amortization of $2,678,515. <F3> Includes deferred income on Additional Loans of $2,585,039. <F4> Unrealized loss on MBS. <F5> Represents interest income on investments in mortgages and cash. <F6> Includes $1,470,985 of amortization of prepaid fees and expenses. </FN>