<ARTICLE> 5 <LEGEND> The Schedule contains summary financial information extracted from the financial statements for Cambridge + Related Housing Properties L.P. and is qualified in its entirety by reference to such financial statements </LEGEND> <CIK> 0000718915 <NAME> Cambridge + Related Housing Properties L.P. <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> FEB-28-1997 <PERIOD-START> MAR-01-1996 <PERIOD-END> AUG-31-1996 <CASH> 14,192,991 <SECURITIES> 200,483 <RECEIVABLES> 272,478 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,129,604 <PP&E> 187,254,997 <DEPRECIATION> 81,153,218 <TOTAL-ASSETS> 121,897,335 <CURRENT-LIABILITIES> 11,667,869 <BONDS> 191,935,113 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (81,705,647) <TOTAL-LIABILITY-AND-EQUITY> 121,897,335 <SALES> 0 <TOTAL-REVENUES> 17,116,408 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 15,409,597 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,153,686 <INCOME-PRETAX> (2,445,411) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 1,077,053 <CHANGES> 0 <NET-INCOME> (1,368,358) <EPS-PRIMARY> (136) <EPS-DILUTED> 0