Shelter Properties I Limited Partnership
55 Beattie Place, P.O. Box 1089
Greenville, South Carolina 29602
January 20, 2005
For Commission Use Only
United States Securities and Exchange Commission
450 Fifth Street, N.W., Mail Stop 3-03
Washington, D.C. 20549-0303
Attention: Charito A. Mittelman, Esq.
Owen Pinkerton, Esq.
Division of Corporate Finance
Re: Shelter Properties I Limited Partnership
Schedule 14A Proxy Statement
Filed December 16, 2005 by AIMCO
File No. 0-13454
Ladies & Gentlemen:
We have received the comment letter, dated December 29, 2005, issued
by the staff of the Securities and Exchange Commission (the "Commission") with
respect to the Schedule 14A Proxy Statement referenced above. Shelter
Properties I Limited Partnership (the "Company") hereby acknowledges the
following:
o the Company is responsible for the adequacy and accuracy of the
disclosure in the filings;
o staff comments or changes to disclosure in response to staff
comments do not foreclose the Commission from taking any action
with respect to the filing; and
o the Company may not assert staff comments as a defense in any
proceeding initiated by the Commission or any person under the
federal securities laws of the United States.
Very truly yours,
Shelter Properties I Limited Partnership
By: Shelter Realty Corporation,
Corporate General Partner
By: /s/ Martha L. Long
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Martha L. Long
Senior Vice President