<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> 6-MOS <FISCAL-YEAR-END> FEB-28-1998 <PERIOD-START> MAR-01-1997 <PERIOD-END> AUG-31-1997 <CASH> 14,437,846 <SECURITIES> 203,594 <RECEIVABLES> 299,672 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 767,634 <PP&E> 170,614,336 <DEPRECIATION> 81,157,036 <TOTAL-ASSETS> 105,166,046 <CURRENT-LIABILITIES> 8,403,395 <BONDS> 180,576,690 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (83,814,039) <TOTAL-LIABILITY-AND-EQUITY> 105,166,046 <SALES> 0 <TOTAL-REVENUES> 14,968,602 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 14,933,126 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,768,553 <INCOME-PRETAX> (3,733,077) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 3,187,950 <CHANGES> 0 <NET-INCOME> (545,127) <EPS-PRIMARY> (54) <EPS-DILUTED> 0