BOSTON FINANCIAL TAX CREDIT FUND VIII, A LIMITED PARTNERSHIP
                               101 Arch Street
                               Boston, MA 02110


                                                             September 2, 1997

Dear Limited Partner: 

     Enclosed is a copy of the Partnership's amended Statement on Schedule 
14D-9 which has been filed with the Securities and Exchange Commission and 
provides additional information with regard to the Partnership's response to 
the tender offer by Oldham Institutional Tax Credits LLC and the tender offer 
by Everest Tax Credit Investors, LLC and Everest Tax Credit Investors II, 
LLC, each as amended to date.  Limited Partners are advised to carefully read 
the amended Schedule 14D-9.
 
     Please do not hesitate to call the Partnership at (800) 829-9213 (ext. 
10) for assistance in any Partnership matter.

                              BOSTON FINANCIAL TAX CREDIT FUND 
                              VIII, A LIMITED PARTNERSHIP