<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-28-1999
<PERIOD-START>                             MAR-01-1998
<PERIOD-END>                               AUG-31-1998
<CASH>                                         13,649,481
<SECURITIES>                                       77,226
<RECEIVABLES>                                     240,515
<ALLOWANCES>                                            0
<INVENTORY>                                             0
<CURRENT-ASSETS>                                1,245,897
<PP&E>                                        127,553,263
<DEPRECIATION>                                 66,220,404
<TOTAL-ASSETS>                                 76,545,978
<CURRENT-LIABILITIES>                           4,902,638
<BONDS>                                       133,532,623
<PREFERRED-MANDATORY>                                   0
<PREFERRED>                                             0
<COMMON>                                                0
<OTHER-SE>                                   (61,889,283)
<TOTAL-LIABILITY-AND-EQUITY>                   76,545,978
<SALES>                                                 0
<TOTAL-REVENUES>                               17,094,188
<CGS>                                                   0
<TOTAL-COSTS>                                           0
<OTHER-EXPENSES>                               11,506,875
<LOSS-PROVISION>                                3,191,072
<INTEREST-EXPENSE>                              2,778,428
<INCOME-PRETAX>                                 (382,187)
<INCOME-TAX>                                            0
<INCOME-CONTINUING>                                     0
<DISCONTINUED>                                          0
<EXTRAORDINARY>                                15,008,902
<CHANGES>                                               0
<NET-INCOME>                                   14,005,421
<EPS-PRIMARY>                                       1,381
<EPS-DILUTED>                                           0