SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    ---------


                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) of the

                         SECURITIES EXCHANGE ACT OF 1934




        Date of Report (Date of earliest event reported) March 30, 2001




                  LIBERTY HOUSING PARTNERS LIMITED PARTNERSHIP
               (Exact name of registrant as specified in charter)




Massachusetts                      0-13520              04-2828131
(State or other                 (Commission file        (IRS employer
jurisdiction of                    number)              identification no.)
incorporation)




100 Second Avenue,  Needham, MA                              02494
(Address of principal executive offices)                  (Zip code)




Registrant's telephone number, including area code: (781) 444-5251





Item 2.  Acquisition or Disposition of Assets.

         On March 30, 2001, the  Registrant  sold its 98% interests as a limited
partner (the  "Partnership  Interests")  in Oxford  Homes for the Elderly,  Ltd.
("Oxford"),   Williamston  Homes  for  the  Elderly,  Ltd.  ("Williamston")  and
Fuquay-Varina  Homes  for the  Elderly,  Ltd.  ("Fuquay-Varina").  to  Billy  P.
Shadrick and Donald R. Shamblin.  Mr. Shadrick is the principal owner of Housing
Management,  Inc., the company which had been engaged by Oxford, Williamston and
Fuquay-Varina to manage their apartment complexes (the "Manager").  Mr. Shadrick
is also the local general partner of Glendale Manor Apartments  ("Glendale") and
Surry  Manor,  Ltd.  ("Surry").  The  Registrant  holds 98% limited  partnership
interests in each of Glendale and Surry.  The Manager also manages the apartment
complexes owned by Glendale and Surry.

        In  consideration  for  the  sale  of  the  Partnership  Interests,  the
Registrant  received a net cash purchase price of $148,485.  In connection  with
the sale,  the holders of the Purchase  Money Notes (the "Notes")  issued by the
Registrant in connection with its  acquisition of the Partnership  Interests had
agreed  to  exchange  their  Notes for  portions  of the  Partnership  Interests
acquired by Mr. Shadrick and Mr.  Shamblin.  The  consideration  received by the
Registrant  was  determined  through  arms'  length   negotiation   between  the
Registrant and Mr. Shadrick.

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.

 (b) Pro Forma Financial Information.

        The  registrant  intends  to file any pro  forma  financial  information
required pursuant to Article 11 of Regulation S-X on or before June 13, 2001.


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                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                                 LIBERTY HOUSING PARTNERS LIMITED PARTNERSHIP

                                  By:TNG Properties Inc.
                                             Managing General Partner




                                  By:  /s/  Wilma R. Brooks
                                       Wilma R. Brooks
                                       Chief Financial Officer
Date: April 13, 2001





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