SCHEDULE 14A INFORMATION

PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934
                               (AMENDMENT NO. __)

Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]

Check the appropriate box:

[ ]   Preliminary Proxy Statement          [ ] Confidential, for Use of the
                                               Commission  Only [as permitted
                                               by Rule 14a-6(e)(2)]
[X]   Definitive Proxy Statement
[ ]   Definitive Additional Materials
[ ]   Soliciting Material Pursuant to Rule
      14a-11(c) or Rule 14a-12

                         KRUPP GOVERNMENT INCOME TRUST
               ------------------------------------------------
               (Name of Registrant as Specified In Its Charter)


   ------------------------------------------------------------------------
   (Name of Person(s) Filing Proxy Statement, if other than the Registrant)


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      4)  Date Filed:



- -------------------------------------------------------------------------------
                          KRUPP GOVERNMENT INCOME TRUST
                                       and
                        KRUPP GOVERNMENT INCOME TRUST II
- -------------------------------------------------------------------------------

                                                     March 30, 2001

Dear Valued Shareholder:

         You are cordially invited to attend the joint ANNUAL MEETING OF
SHAREHOLDERS of Krupp Government Income Trust and of Krupp Government Income
Trust II which meeting will be held on THURSDAY, MAY 10, 2001 AT 10:00 A.M., at
the offices of each Trust located at ONE BEACON STREET, SUITE 1400, BOSTON,
MASSACHUSETTS 02108.

         The proxy statement that accompanies this letter describes the matters
which will be presented at the meeting: the election of trustees of each of GIT
and GIT II.

         Whether or not you plan to attend the meeting in person it is important
that your shares be voted at the meeting. THEREFORE, SHAREHOLDERS ARE URGED TO
FILL IN, DATE AND SIGN THE ENCLOSED PROXY CARD PROMPTLY AND RETURN IT IN THE
ENCLOSED ENVELOPE. Your vote is important, no matter how many shares you
may own.

         Thank you for taking the time to review the enclosed materials.

                                              Very truly yours,

                                          /s/ Douglas Krupp

                                              Douglas Krupp
                                              President and Trustee of
                                              Krupp Government Income Trust and
                                              Krupp Government Income Trust II

                 ONE BEACON STREET, BOSTON, MASSACHUSETTS 02108
- -------------------------------------------------------------------------------



                          Krupp Government Income Trust
                                       and
                        Krupp Government Income Trust II
                          One Beacon Street, Suite 1400
                           Boston, Massachusetts 02108
                        ---------------------------------
                    NOTICE OF ANNUAL MEETING OF SHAREHOLDERS
                           TO BE HELD ON MAY 10, 2001
                         -------------------------------

TO THE SHAREHOLDERS OF KRUPP GOVERNMENT INCOME TRUST and KRUPP GOVERNMENT INCOME
TRUST II:

         NOTICE IS HEREBY GIVEN that the Annual Meeting of the Shareholders of
Krupp Government Income Trust ("GIT") and Krupp Government Income Trust II ("GIT
II")(each a "Trust" and together the "Trusts") will be held together on
Thursday, May 10, 2001 at 10:00 a.m., at the offices of each of the Trusts
located at One Beacon Street, Suite 1400, Boston, Massachusetts 02108, for the
purpose of considering and acting upon the following matters, which are more
fully described in the attached proxy statement:

         As to GIT:

                  1.       Election of Trustees for GIT.

         As to GIT II:

                  1.       Election of Trustees for GIT II.

         As to both Trusts:

                  2.       Such other business as may properly be brought before
                           the meeting. The Board of Trustees of each of the
                           respective Trusts at present knows of no other formal
                           business to be brought before the meeting.


         Following the official business, there will be a review of the results
of operations for 2000 and management will review each Trust's investments and
discuss the future outlook of GIT and GIT II. The Trustees and the Advisor of
each of the Trusts will be available for questions and discussion after the
meeting.

         The Board of Trustees of each of GIT and GIT II has fixed March 15,
2001 as the record date for the determination of the shareholders who will be
entitled to vote for the applicable Trust and receive notice of such meeting or
any adjournment or adjournments thereof. A list of such shareholders will be
open to the examination of such shareholders for any purpose germane to the
Annual Meeting at the Annual Meeting and during ordinary business hours for a
period of ten days prior to the Annual Meeting at the office of each of GIT and
GIT II at One Beacon Street, Suite 1400, Boston, Massachusetts 02108.

                                    /s/ Scott D. Spelfogel

                                        Scott D. Spelfogel
                                        Clerk of Krupp Government Income Trust
                                        and Krupp Government Income Trust II
March 30, 2001
                             -----------------------
PLEASE FILL IN, DATE AND SIGN THE ACCOMPANYING PROXY, WHICH IS SOLICITED BY THE
BOARD OF TRUSTEES OF THE APPLICABLE TRUST, AND RETURN IT PROMPTLY IN THE
ENCLOSED POSTAGE PAID ENVELOPE. YOU MAY NEVERTHELESS VOTE IN PERSON IF YOU
ATTEND THE MEETING. YOUR PROMPT ATTENTION WILL AVOID THE NECESSITY OF THE TRUST
RETAINING A PROXY SOLICITATION FIRM TO OBTAIN A QUORUM AT THE ANNUAL MEETING.
THE ANTICIPATED COST OF ENGAGING SUCH A FIRM COULD EXCEED $50,000.



                      PROXY STATEMENT DATED MARCH 30, 2001
                      ------------------------------------

         This Proxy Statement is submitted to the Shareholders of Krupp
Government Income Trust ("GIT") and Krupp Government Income Trust II ("GIT II")
( each a "Trust" and together the "Trusts") for solicitation of the accompanying
proxy for use at the Annual Meeting of the Shareholders of each of GIT and GIT
II to be held together for the purposes set forth in this Proxy Statement, at
10:00 a.m. on Thursday, May 10, 2001 at the offices of each of the Trusts
located at One Beacon Street, Suite 1400, Boston, Massachusetts 02108, or any
adjournment or adjournments thereof. Each of the Trusts has its principal
executive offices at One Beacon Street, Suite 1400, Boston, Massachusetts 02108.
This Proxy Statement, together with an Annual Report to Shareholders, will be
mailed to Shareholders on or about March 30, 2001.

                              REVOCABILITY OF PROXY

         The proxy is revocable by the Shareholders at any time before it is
voted by filing a later dated proxy, by filing a written notice of revocation
with Scott D. Spelfogel, Clerk of the applicable Trust, or by voting at the
Meeting. Unless so revoked, properly executed proxies will be voted, and where
choices are indicated on the proxy, they will be voted as specified, and if no
choices are indicated, the proxies will be voted in favor of the proposal on the
proxy.

                         PERSONS MAKING THE SOLICITATION

         THE SOLICITATIONS ARE MADE BY THE BOARD OF TRUSTEES OF THE RESPECTIVE
TRUSTS.

                                  SOLICITATION

         Solicitation of proxies is to be made by the use of the mails. In
addition, representatives of the applicable Trust may, under instructions from
the Board of Trustees and acting only for such Trust, solicit such proxies for
the Board of Trustees of the applicable Trust by means of telephone or personal
calls. Neither Trust currently intends to hire a proxy solicitation firm, but
may do so in its discretion if necessary to obtain a quorum for the Annual
Meeting. The anticipated cost of engaging such a firm could exceed $50,000. The
applicable Trust will pay all expenses in connection with the solicitation of
these proxies.

                 VOTING SECURITIES AND PRINCIPAL HOLDERS THEREOF

         Only Shareholders of the respective Trust of record at the close of
business on March 15, 2001 will be entitled to vote at the Annual Meeting. On
that date there were 15,053,135 shares of beneficial interest outstanding for
GIT and 18,371,477 shares of beneficial interest outstanding for GIT II. Each
share is entitled to one vote. The Shareholders do not have cumulative voting
rights. As to each of the Trusts, the holders of a majority of the outstanding
shares for such Trust represented in person or by proxy, constitutes a quorum at
the Meeting, but if less than a quorum is present for either of the Trusts, the
Trust with a quorum may proceed and a majority in interest of those present in
connection with the other Trust may adjourn the Meeting as to such Trust. Both
Trusts' Declarations of Trust require that elections be by a plurality. Proxy
cards marked to indicate an abstention and broker non-votes (proxy cards
returned unmarked as to a proposal by brokers) will be counted in determining
the presence of a quorum but will have no effect on the election. There are no
rights of appraisal or similar rights of dissenters with respect to the election
of Trustees.

         There are no known beneficial owners of more than 5% of the shares of
beneficial interest in either of the Trusts.



         The following table provides a summary of the beneficial ownership of
shares of GIT, as of March 1, 2001, by (i) the Trustees of the Trust, (ii) the
Chief Executive Officer of the Trust and (iii) all current Trustees and
executive officers as a group.

  (1)               (2)                                (3)              (4)
CLASS OF     NAME OF BENEFICIAL                 AMOUNT AND NATURE OF  PERCENT
SECURITIES   OWNER                              BENEFICIAL INTEREST   OF CLASS
- ------------------------------------------------------------------------------
Shares       Douglas Krupp                       10,000 Shares(1)       *
Shares       Stephen Puleo                       None                   *
Shares       Charles N. Goldberg                 None                   *
Shares       J. Paul Finnegan                    None                   *
Shares       All Trustees and Executive          10,000  Shares(1)      *
             Officers as a group (11 people)

(1) Mr. Krupp is a beneficial owner of the 10,000 shares held by Berkshire
    Mortgage Advisors Limited Partnership, the Advisor to GIT, by virtue of
    being a director of Berkshire Funding Corporation, the general partner of
    Berkshire Mortgage Advisors Limited Partnership.

*   The amount owned does not exceed one percent of the shares of beneficial
    interest of GIT outstanding as of March 1, 2001.

         The following table provides a summary of the beneficial ownership of
shares of GIT II, as of March 1, 2001, by (i) the Trustees of the Trust, (ii)
the Chief Executive Officer of the Trust and (iii) all current Trustees and
executive officers as a group.

  (1)               (2)                                (3)              (4)
CLASS OF     NAME OF BENEFICIAL                 AMOUNT AND NATURE OF  PERCENT
SECURITIES   OWNER                              BENEFICIAL INTEREST   OF CLASS
- ------------------------------------------------------------------------------
Shares       Douglas Krupp                       10,000 Shares(1)        *
Shares       Stephen Puleo                       None                    *
Shares       Charles N. Goldberg                 None                    *
Shares       J. Paul Finnegan                    None                    *
Shares       All Trustees and Executive          10,000  Shares(1)       *
             Officers as a group (11 people)

(1) Mr. Krupp is a beneficial owner of the 10,000 shares held by Berkshire
    Mortgage Advisors Limited Partnership, the Advisor to GIT II by virtue of
    being a director of Berkshire Funding Corporation, the general partner of
    Berkshire Mortgage Advisors Limited Partnership.

*   The amount owned does not exceed one percent of the shares of beneficial
    interest of GIT II outstanding as of March 1, 2001.

         No trustee, officer or affiliate of either of the Trusts is a party
adverse to the applicable Trust or has a material interest adverse to GIT or GIT
II in any material proceedings.

         A list of Shareholders as of the record date of each of the Trusts will
be open to the examination of such Shareholders for any purpose germane to the
Annual Meeting at the Annual Meeting and during ordinary business hours for a
period of ten days prior to the Annual Meeting at One Beacon Street, Suite 1400,
Boston, Massachusetts 02108.

                              ELECTION OF TRUSTEES

         Pursuant to each of the Trusts' Declarations of Trust, as amended, the
Trustees are elected annually. The Trusts both currently have four Trustees, all
of whom have been nominated for reelection in the case of both GIT and GIT II by
the Board of Trustees. The election will be decided by a plurality vote.

         The following table sets forth the names and ages of each Trustee of
each Trust and of the management nominees for election as a Trustee, their
principal offices with the respective Trust, their term of office as a Trustee
for the respective Trust and any periods during which they have served as such:



Name and Age                     Principal Offices         No. of         Principal Offices           No. of
                                 with GIT                  Years as       with GIT II                 Years as
                                                           GIT                                        GIT II
                                                           Trustee                                    Trustee
- ---------------------------------------------------------------------------------------------- ----------------
                                                                                              
DOUGLAS KRUPP, 54                Chairman of the               5          Chairman of the                 5
                                 Board, President and                     Board, President and
                                 Trustee                                  Trustee
CHARLES N. GOLDBERG, 59          Trustee*                     11          Trustee*                        9
STEPHEN PULEO, 66                Trustee*                      1**        Trustee*                        1**
J. PAUL FINNEGAN, 76             Trustee*                     11          Trustee*                        9

  * Independent Trustees
 ** Appointed February 6, 2001 to fill vacancy.


         Douglas Krupp co-founded and serves as Co-Chairman and Chief Executive
Officer of The Berkshire Group, an integrated real estate financial services
firm engaged in real estate acquisitions, property management, investment
sponsorship, venture capital investing, mortgage banking, financial management
and ownership of three operating companies through private equity investments.
Mr. Krupp has held the position of Co-Chairman since The Berkshire Group was
established as The Krupp Companies in 1969 and he has served as the Chief
Executive Officer since 1992. He is a graduate of Bryant College where he
received an honorary Doctor of Science in Business Administration in 1989.

         Charles N. Goldberg is currently a partner of Oppel, Goldberg & Saenz,
LLC. Prior to that he was of counsel to the law firm of Broocks, Baker & Lange,
L.L.P., a position he held from December of 1997 to May 1, 2000. Prior to
joining Broocks, Baker & Lange, L.L.P., Mr. Goldberg was a partner in the law
firm of Hirsch & Westheimer from March of 1996 to December of 1997. Prior to
Hirsch & Westheimer, he was the Managing Partner of Goldberg Brown, Attorneys at
Law from 1980 to March of 1996. He received a B.B.A. degree and a J.D. degree
from the University of Texas. He is a member of the State Bar of Texas and is
admitted to practice before the U.S. Court of Appeals, Fifth Circuit and U.S.
District Court, Southern District of Texas.

         Stephen Puleo is currently engaged in business as a consultant and
director. He retired as a director of Coopers & Lybrand, an international
accounting and consulting firm where he worked from 1995-1997 primarily
servicing real estate industry clients. From 1993-1994, Mr. Puleo was a tax
director for Deloitte & Touche. From 1984-1993, Mr. Puleo held the positions of
Executive Vice President and Chief Financial Officer of a predecessor to The
Berkshire Group. Prior to that, Mr. Puleo was the Chairman of the National Real
Estate Industry Group of Coopers & Lybrand where he provided various real estate
services and was a senior tax partner in charge of the Northeast Region. He is a
graduate of McNeese State University and attended the Executive Development
Program at the Tuck School of Business at Dartmouth College. He is a Certified
Public Accountant and currently serves as director of Simpson Housing Limited
Partnership of Denver, Colorado.

         J. Paul Finnegan retired as a partner of Coopers & Lybrand in 1987.
Since then, he has been engaged in business as a consultant, a director and
arbitrator. Mr. Finnegan holds a B.A. degree from Harvard College, a J.D. degree
from Boston College Law School and an ASA degree from Bentley College. Mr.
Finnegan currently serves as a director at Scituate Federal Savings Bank and has
so served since 1991. Mr. Finnegan is a Certified Public Accountant and an
attorney.

                               EXECUTIVE OFFICERS

DOUGLAS KRUPP, age 54, is President, Chairman of the Board and a Trustee of both
GIT and GIT II. He was elected May 2, 1996 as Chairman of the Board and Trustee
to both GIT and GIT II and he was appointed President of both GIT and GIT II on
October 8, 1997.

ROBERT BARROWS, age 43, is Treasurer of both GIT and GIT II. He was elected
August 3, 1995 to both GIT and GIT II.

SCOTT D. SPELFOGEL, age 40, is Clerk of both GIT and GIT II. He was elected
Assistant Clerk July 26, 1990 to GIT and November 7, 1991 to GIT II and he was
elected Clerk on May 2, 1996 to both GIT and GIT II.

MARY BETH BLOOM, age 27, is Assistant Clerk of both GIT and GIT II. She was
elected November 9, 2000 to both GIT and GIT II.

         Information on Mr. Krupp appears above.

         Robert A. Barrows is the Treasurer of the Trusts and is Senior Vice
President and Chief Financial Officer of Berkshire Mortgage Finance. Mr. Barrows
has held several positions within The Berkshire Group since joining the company
in 1983 and is currently responsible for accounting, financial reporting,
treasury and management information systems for Berkshire Mortgage Finance.
Prior to joining The Berkshire Group, he was an audit supervisor for Coopers &
Lybrand L.L.P. in Boston, He received a B.S. degree from Boston College and is a
Certified Public Accountant.

         Scott D. Spelfogel is the Clerk of the Trusts and is Senior Vice
President and General Counsel to The Berkshire Group. Prior to 1997, he served
as Vice President and Assistant General Counsel. Before joining the firm in
November 1988, he was a litigator in private practice in Boston. He received a
Bachelor of Science degree in Business Administration from Boston University, a
Juris Doctor Degree from Syracuse University's College of Law, and a Master of
Laws degree in Taxation from Boston University Law School. He is admitted to
practice law in Massachusetts and New York, is a member of the American, Boston,
Massachusetts and New York State bar associations and is a licensed real estate
broker in Massachusetts.

         Mary Beth Bloom is the Assistant Clerk of the Trusts and is Assistant
General Counsel to the The Berkshire Group. Prior to joining the company in
August, 2000, she was an attorney with John Hancock Financial Services. She
received a B.A. from the College of the Holy Cross in 1995 and a J.D. from New
England School of Law in 1998. She is admitted to practice law in Massachusetts
and New York and is a member of the American Bar Association.

         In addition, the following are deemed Executive Officers of the Trusts:

         George Krupp (age 56) is the Co-Founder and Co-Chairman of The
Berkshire Group, an integrated real estate financial services firm engaged in
real estate acquisitions, property management, investment sponsorship, venture
capital investing, mortgage banking, financial management and ownership of three
operating companies through private equity investments. Mr. Krupp has held the
position of Co-Chairman since The Berkshire Group was established as The Krupp
Companies in 1969. Mr. Krupp has been an instructor of history at the New Jewish
High School in Waltham, Massachusetts since September of 1997. Mr. Krupp
attended the University of Pennsylvania and Harvard University and holds a
Master's Degree in History from Brown University.

         Peter F. Donovan (age 47) is Chief Executive Officer of Berkshire
Mortgage Finance which position he has held since January of 1998 and in this
capacity, he oversees the strategic growth plans of this mortgage banking firm.
Berkshire Mortgage Finance is the 11th largest mortgage banking firm in the
United States based on servicing and asset management of a $11.5 billion loan
portfolio. Previously he served as President of Berkshire Mortgage Finance from
January of 1993 to January of 1998 and in that capacity he directed the
production, underwriting, servicing and asset management activities of the firm.
Prior to that, he was Senior Vice President of Berkshire Mortgage Finance and
was responsible for all participating mortgage originations. Before joining the
firm in 1984, he was Second Vice President, Real Estate Finance for Continental
Illinois National Bank & Trust, where he managed a $300 million construction
loan portfolio of commercial properties. Mr. Donovan received a B.A. from
Trinity College and an M.B.A. degree from Northwestern University. Mr. Donovan
is currently a member of the Advisory Council for Fannie Mae.

         Ronald Halpern (age 59) is President and Chief Operating Officer of
Berkshire Mortgage Finance. He has served in these positions since January of
1998 and as such, he is responsible for the overall operations of the Company.
Prior to January of 1998, he was Executive Vice President, managing the
underwriting, closing, portfolio management and servicing departments for
Berkshire Mortgage Finance. Before joining the firm in 1987, he held senior
management positions with the Department of Housing and Urban Development in
Washington D.C. and several HUD regional offices. Mr. Halpern has over 30 years
of experience in real estate finance which includes his experience as prior
Chairman of the MBA Multifamily Housing Committee. He holds a B.A. degree from
the University of the City of New York and J.D. degree from Brooklyn Law School.

         Carol J.C. Mills (age 51) is Senior Vice President for Loan Management
of Berkshire Mortgage Finance and in this capacity, she is responsible for the
Loan Servicing and Asset Management functions of the Boston office of Berkshire
Mortgage Finance. She manages the estimated $11.5 billion portfolio of loans.
Ms. Mills joined Berkshire in December 1997 as Vice President and was promoted
to Senior Vice President in January 1999. From January 1989 through November
1997, Ms. Mills was Vice President of First Winthrop Corporation and Winthrop
Financial Associates, in Cambridge, MA. Ms. Mills earned a B.A. degree from
Mount Holyoke College and a Master of Architecture degree from Harvard
University. Ms. Mills is a member of the Real Estate Finance Association, New
England Women in Real Estate and the Mortgage Bankers Association.

         Each officer of each of the Trusts is elected annually by the
applicable Board of Trustees for the ensuing year or until a successor is
elected and qualified. George Krupp and Douglas Krupp are brothers; otherwise
there are no family relationships amongst the Officers and Trustees of either
Trust.

         Douglas Krupp, by virtue of indirect ownership interests in the
Advisor, is deemed to have direct or indirect material interests in amounts paid
to the Advisor by each Trust. GIT and GIT II also individually reimburse the
Advisor and affiliates for certain expenses incurred by them in connection with
the operation of the individual Trusts.

         Under the terms of the Advisory Service Agreements between GIT and the
Advisor and GIT II and the Advisor, the Advisor and its affiliates are entitled
to an Asset Management Fee equal to .75% per annum of the value of the
respective Trust's actual and committed mortgage assets, payable quarterly.

         Amounts accrued or paid to (received from) the Advisor or its
affiliates during the year ended December 31, 2000 were as follows:
                                                             GIT        GIT II

Asset Management Fee                                      $1,007,651 $1,529,418
Expense reimbursements                                       259,869    301,881
                                                          ---------- ----------
         Charged to operations                             1,267,520  1,831,299
Interest on additional loan received from The Seasons        173,218    443,282
Interest on additional loan received from Windward Lake          326        -0-
Participating interest income received from The Seasons      174,505    446,574
                                                          ---------- ----------
                                                            $919,471   $941,443
                                                          ========== ==========

         Neither Trust has an Audit Committee, Compensation Committee or
Nominating Committee, nor is there any committee performing similar functions.

         The Board of Trustees of each Trust have regularly scheduled quarterly
meetings and special meetings as required. During 2000, the Board of Trustees of
GIT met 5 times and acted once by unanimous written consent and the Board of
Trustees of GIT II met 5 times and acted once by unanimous written consent. No
Trustee attended fewer than 75% of the total number of meetings of the Board of
Trustees of the individual Trusts.

                 COMPENSATION OF TRUSTEES AND EXECUTIVE OFFICERS

         During 2000 all of the Executive Officers of GIT and GIT II were
employees of affiliates of the Advisor, which has been retained to manage the
respective Trust's day-to-day affairs, subject to the applicable Board's control
and supervision, for the fees and expense reimbursements described above.
Employees of affiliates of the Advisor do not receive directly any remuneration
from either of the Trusts, including options, stock appreciation rights, or
rights under any long-term incentive plan. Such employees are compensated for
their services relating to GIT and GIT II by the Advisor. No options or stock
appreciation rights were exercised in 2000 or outstanding at the end of the
fiscal year.

         Independent Trustees of each Trust are compensated at the rate of
$25,000 per year for their services and receive reimbursement for their travel
expenses. There were no other arrangements for either of the Trusts to
compensate any Trustee during 2000.

           Compensation Committee Interlocks and Insider Participation

         Neither GIT nor GIT II had a Compensation Committee in 2000 and neither
currently has such a committee, as no Executive Officers of GIT or GIT II
received in 2000 or currently receive any remuneration from either of the
Trusts. Neither of the Boards of Trustees of either of the Trusts conducted any
deliberations concerning Executive Officer compensation in 2000.

         Since no Executive Officers of GIT or GIT II receive any remuneration
from the respective Trust, the Boards of Trustees of both Trusts have not
adopted any executive compensation policies, such as regarding the relationship
of the applicable Trust's performance to executive compensation.

                              INDEPENDENT AUDITORS

         PricewaterhouseCoopers LLP has served as independent auditors to each
Trust since their respective formation. The Board of Trustees of each Trust has
approved the selection of PricewaterhouseCoopers LLP as auditors for 2001.

         A representative of PricewaterhouseCoopers LLP is expected to be
present at the Annual Meeting to respond to appropriate questions and to make a
statement should he or she desire to do so.

         The following table sets forth the aggregate fees billed for
professional services rendered for the audit of each of GIT and GIT II's annual
financial statements for the year 2000 and the reviews of the financial
statements included in GIT and GIT II's Forms 10-Q for the year 2000 along with
any financial information systems design and implementation fees or any other
fees.

                                       GIT
- --------------------------------------------------------------------------------
Audit Fees                                                  $25,083
- --------------------------------------------------------------------------------
Financial Information Systems Design and                    -0-
Implementation Fees
- --------------------------------------------------------------------------------
All Other Fees                                              -0-
- --------------------------------------------------------------------------------

                                     GIT II
- --------------------------------------------------------------------------------
Audit Fees                                                  $25,083
- --------------------------------------------------------------------------------
Financial Information Systems Design and                    -0-
Implementation Fees
- --------------------------------------------------------------------------------
All Other Fees                                              -0-
- --------------------------------------------------------------------------------

         The Board of Directors did not consider whether the provision of
financial information systems design and implementation services and all other
services is compatible with the principal accountant's independence as no such
non-audit services were provided in 2000 nor anticipated for 2001.

         Each Trust's Declaration of Trust does not require that Shareholders
approve the appointment of independent auditors.

                                  OTHER MATTERS

         The Board of Trustees of each Trust is not aware of any other formal
matters to be presented at the meeting. Pursuant to the Declarations of Trust of
GIT and GIT II no business other than that stated in this notice shall be
transacted at the meeting without the unanimous consent of all the Shareholders
entitled to vote at the meeting.

                                    By order of the Board
                                    of Trustees of Krupp Government Income Trust
                                    and Krupp Government Income Trust II

                                /s/ Scott D. Spelfogel

                                    Scott D. Spelfogel
                                    Clerk of Krupp Government Income
                                    Trust and Krupp Government Income Trust II

                             SHAREHOLDERS' PROPOSALS

         If any Shareholder wishes to submit a proposal to be voted on at the
2002 Annual Meeting of Shareholders, the Shareholder must submit the Proposal to
the applicable Trust on or before November 30, 2001.

                                    IMPORTANT

         PLEASE FILL IN, DATE AND SIGN THE ACCOMPANYING PROXY, WHICH IS
SOLICITED BY THE BOARD OF TRUSTEES OF THE TRUST, AND RETURN IT PROMPTLY IN THE
ENCLOSED POSTAGE PAID ENVELOPE. YOU MAY NEVERTHELESS VOTE IN PERSON IF YOU
ATTEND THE MEETING.



                     KRUPP GOVERNMENT INCOME TRUST PROXY

In completing and returning this proxy you will be voting in the election of
Trustees. Please mark, sign, date, and return this proxy as soon as possible
using the enclosed postage paid envelope. If the Trust has not received proxies
representing a quorum (50.1% of outstanding shares) for the annual meeting
immediately, the Trust may engage a proxy solicitation firm to obtain a quorum.
THE ESTIMATED COST TO THE TRUST ENGAGING SUCH A FIRM COULD EXCEED $50,000.

A proxy with respect to shares held in the name of two or more persons shall be
cast if executed by any one of them unless at or prior to exercise of the proxy
the Trust receives a specific written notice to the contrary from any one of
them. A proxy purporting to be executed by or on behalf of a Shareholder shall
be deemed valid unless challenged at or prior to its exercise and the burden of
proving invalidity shall rest on the challenger.

                                                       Krupp
       Trust            Shares Held                  Account No.
       -----            -----------                  -----------

[                                          ]
[                                          ]    PLEASE SIGN AND DATE THIS
[                                          ]    PROXY CARD ON THE REVERSE SIDE
[                                          ]



The undersigned hereby appoints Douglas Krupp, Peter Donovan and Scott
Spelfogel, and each of them, as proxies, with full power of substitution in
each, to vote all the shares of beneficial interest of Krupp Government Income
Trust of the Undersigned at the Annual Meeting of the Shareholders to be held
Thursday, May 10, 2001 at 10:00 A.M. at the Trust's office on the 14th floor of
One Beacon Street, Boston, Massachusetts 02108.

1. Election of Trustees:
   To vote for all the nominees listed below check box [ ]
                                      -or-
   To withhold authority to vote for all the nominees listed below check box [ ]
                                      -or-
   To vote for some, but not all of the nominees line through or strike out the
   names of those nominees you want to vote AGAINST in order to withhold
   authority,
   Douglas Krupp    Stephen Puleo    Charles N. Goldberg    J. Paul Finnegan

2. Other Business:
   In their discretion, the proxies are authorized to vote upon such other
   business as may properly be brought before the meeting. The Board of Trustees
   presently knows of no other formal business to be brought before the meeting.

This proxy is solicited by the Board of Trustees and may be revoked prior to
exercise. This proxy, when properly executed, will be voted as directed herein
by the undersigned shareholder. In the absence of direction, this proxy will be
voted for items 1 and 2.

Date _____________________  Signature of Shareholder __________________________

                            Signature of Shareholder __________________________

Important: Please sign exactly as name appears on front of proxy. Executors,
Administrators, Guardians, Attorneys or any other representative should give
full title. Corporate stockholders sign with full corporate name by a duly
authorized officer. If a partnership, sign in partnership name by authorized
person.