<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.
<MULTIPLIER>                                   1
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                              FEB-28-1997
<PERIOD-START>                                 MAR-01-1996
<PERIOD-END>                                   NOV-30-1996
<CASH>                                          17,512,854
<SECURITIES>                                       201,124
<RECEIVABLES>                                      296,519
<ALLOWANCES>                                             0
<INVENTORY>                                              0
<CURRENT-ASSETS>                                 1,321,427
<PP&E>                                         178,547,088
<DEPRECIATION>                                  78,669,670
<TOTAL-ASSETS>                                 119,209,342
<CURRENT-LIABILITIES>                            9,564,324
<BONDS>                                        183,738,594
<PREFERRED-MANDATORY>                                    0
<PREFERRED>                                              0
<COMMON>                                                 0
<OTHER-SE>                                    (74,093,576)
<TOTAL-LIABILITY-AND-EQUITY>                   119,209,342
<SALES>                                                  0
<TOTAL-REVENUES>                                30,033,494
<CGS>                                                    0
<TOTAL-COSTS>                                            0
<OTHER-EXPENSES>                                22,958,220
<LOSS-PROVISION>                                         0
<INTEREST-EXPENSE>                               6,041,065
<INCOME-PRETAX>                                  1,034,209
<INCOME-TAX>                                             0
<INCOME-CONTINUING>                                      0
<DISCONTINUED>                                           0
<EXTRAORDINARY>                                  5,208,040
<CHANGES>                                                0
<NET-INCOME>                                     6,243,784
<EPS-PRIMARY>                                          622
<EPS-DILUTED>                                            0