<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>                   12-MOS
<FISCAL-YEAR-END>                              FEB-28-1997 
<PERIOD-START>                                 MAR-01-1996     
<PERIOD-END>                                   FEB-28-1997 
<CASH>                                         15,363,974   
<SECURITIES>                                   201,986      
<RECEIVABLES>                                  303,172      
<ALLOWANCES>                                   0            
<INVENTORY>                                    0            
<CURRENT-ASSETS>                               1,164,356    
<PP&E>                                         173,714,196  
<DEPRECIATION>                                 80,183,677   
<TOTAL-ASSETS>                                 110,362,021  
<CURRENT-LIABILITIES>                          9,536,121    
<BONDS>                                        184,080,536  
<PREFERRED-MANDATORY>                          0            
<PREFERRED>                                    0            
<COMMON>                                       0            
<OTHER-SE>                                     (83,254,636) 
<TOTAL-LIABILITY-AND-EQUITY>                   110,362,021  
<SALES>                                        0            
<TOTAL-REVENUES>                               37,586,529   
<CGS>                                          0            
<TOTAL-COSTS>                                  0            
<OTHER-EXPENSES>                               36,628,733   
<LOSS-PROVISION>                               0            
<INTEREST-EXPENSE>                             7,824,329    
<INCOME-PRETAX>                                (6,866,533)  
<INCOME-TAX>                                   0            
<INCOME-CONTINUING>                            0            
<DISCONTINUED>                                 0            
<EXTRAORDINARY>                                5,069,484    
<CHANGES>                                      0            
<NET-INCOME>                                   (1,815,515)  
<EPS-PRIMARY>                                  (179)        
<EPS-DILUTED>                                  0