Exhibit (a)(3)







September 22, 2006



TO:          UNIT HOLDERS OF Freedom Tax Credit Plus L.P.

SUBJECT:     OFFER TO PURCHASE UNITS

Dear Unit Holder:

     As  described  in the  enclosed  Offer to Purchase  and related  Letters of
     Transmittal  (the  "Offer")  the  Purchasers  named in the  attached  Offer
     (collectively the "Purchasers") are offering to purchase up to 14,433 Units
     of limited  partnership  interest  (the "Units") in Freedom Tax Credit Plus
     L.P. (the "Partnership") at a purchase price equal to:

                                  $20 per Unit
                                  ------------

You may wish to consider our Offer for the following reasons:

     o    The Offer will provide you with an  opportunity to liquidate all, or a
          portion of, your  investment  in Freedom Tax Credit Plus L.P.  without
          the  usual   transaction   costs   associated  with  market  sales  or
          partnership transfer fees.

     o    While  the  Partnership  is  selling  properties,   according  to  the
          Partnership,  the  Compliance  Period  for  some  of the  Tax  Credits
          generated  by the  Partnership  does not end until  December 31, 2007,
          meaning  the  Partnership   cannot  sell  those   properties   without
          jeopardizing  the  respective Tax Credits.  Thus,  the  Partnership is
          unlikely to liquidate before 2008.  Thus,  unless you sell your Units,
          you will still be a limited partner for at least another 2 years, at a
          minimum. If you sell your Units to us, you will no longer have to file
          a Schedule K-1 with your tax return for this Partnership.

     o    The tax credits  associated with the Partnership have all expired;  no
          distributions have been paid to limited partners, and according to the
          Partnership  "The  Partnership  does  not  anticipate  providing  cash
          distributions to BACs holders in circumstances other than refinancings
          or sales."  (See  Annual  Report on Form 10-K for the year ended March
          31, 2006). The Partnership has sold several  properties this year, but
          no distributions have yet been made.


After  carefully  reading the enclosed Offer, if you elect to tender your Units,
mail (using the  enclosed  pre-addressed,  postage  paid  envelope) or fax (then
mail) a duly completed and executed copy of the Letter of  Transmittal  (printed
on yellow paper) and change of address forms,  and any other documents  required
by the Letter of Transmittal, to the Depositary for the Offer at:

                         MacKenzie Patterson Fuller, LP
                               1640 School Street
                            Moraga, California 94556
                            Facsimile: (925) 631-9119

Please note, your General Partner,  Related  Capital,  requires that you execute
the additional transfer  documentation included with this offer (also printed on
yellow  paper),  so please include those  materials with the executed  Letter of
Transmittal if you accept our Offer.

If you have any questions or need assistance, please call the Depository at
800-854-8357.

This Offer expires (unless extended) October 31, 2006.