<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the audited financial statements of Liberty Housing Partners Limited Partnership at and for the period ended December 31, 1999 and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <CASH> 526,940 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 567,049 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 2,042,132 <CURRENT-LIABILITIES> 12,866,560 <BONDS> 648,199 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (11,472,627) <TOTAL-LIABILITY-AND-EQUITY> 2,042,132 <SALES> 0 <TOTAL-REVENUES> 247,036 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 153,550 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,695,878 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 2,924,123 <CHANGES> 0 <NET-INCOME> 1,321,731 <EPS-BASIC> 60.67 <EPS-DILUTED> 0