FORM 10-Q

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

(Mark One)

(X)   QUARTERLY REPORT PERSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF 1934.

For the quarterly period ended December 31, 2001

or

( )   TRANSITION REPORT PERSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _______ to _______
Commission file number        0-17679



BOSTON CAPITAL TAX CREDIT FUND LIMITED PARTNERSHIP.(Exact name of registrant as specified in its charter)



|Delaware                          | 04-3006542         
|--------------------------------- | -------------------
|(State or other jurisdiction      | (I.R.S. Employer   
|of incorporation or organization) | Identification No.)



One Boston Place, Suite 2100, Boston, Massachusetts  02108(Address of principal executive offices)           (Zip Code)

Registrants telephone number, including area code (617)624-8900

(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceeding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.



|Yes | X |  | No | _
|--- | - |  | -- | -









BOSTON CAPITAL TAX CREDIT FUND LIMITED PARTNERSHIP



QUARTERLY REPORT ON FORM 10-QFOR THE QUARTER ENDED DECEMBER 31, 2001



TABLE OF CONTENTS

FOR THE QUARTER ENDED DECEMBER 31, 2001















Statements_of_Operations11

Three Months Ended DECEMBER 31,

Statements_of_Operations_Series_1*











NINE Months Ended DECEMBER 31,	18

Statements_of_Operations_Series_119

Statements_of_Operations_Series_220

Statements_of_Operations_Series_321

Statements_of_Operations_Series_422

Statements_of_Operations_Series_523

Statements_of_Operations_Series_624

STATEMENTS OF CHANGES IN PARTNERS CAPITAL	25

Partners_Capital_Series_126

Partners_Capital_Series_226

Partners_Capital_Series_327

Partners_Capital_Series_427

Partners_Capital_Series_528

Partners_Capital_Series_628

Statements_of_Cash_Flows29

Three Months Ended DECEMBER 31,	29

Cash_Flows_Series_1*











Notes_to_Financial_Statements*







Cost	37

Note_C_Related_Party_Transactions39

Note_D_Investments39

Combined_Statements_of_Operations40

Combined_Statements_Series_140

Combined_Statements_Series_241

Combined_Statements_Series_342

Combined_Statements_Series_443

Combined_Statements_Series_544

Combined_Statements_Series_645

Note_E_Taxable_Loss46

Liquidity47

Capital_Resources47

Results_of_Operations48

Part_II_Other_Information53

Signatures54











Boston Capital Tax Credit Fund Limited Partnership

BALANCE SHEETS







|                                                                                                                                                                                           | December 31,
2001
(Unaudited) | March 31,
2001
(Audited)
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ----------------------------- | ------------------------
|ASSETS                                                                                                                                                                                     |                               |                         
|INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)                                                                                                                                             | $  8,491,109                  | $  9,128,027            
|                                                                                                                                                                                           |                               |                         
|OTHER ASSETS                                                                                                                                                                               |                               |                         
|Cash and cash equivalents                                                                                                                                                                  | 176,689                       | 194,875                 
|Other assets                                                                                                                                                                               | 1,127,970                     | 1,105,471               
|                                                                                                                                                                                           |                               |                         
|                                                                                                                                                                                           | $9,795,768                    | $10,428,373             
|                                                                                                                                                                                           |                               |                         
|LIABILITIES                                                                                                                                                                                |                               |                         
|                                                                                                                                                                                           |                               |                         
|Accounts payable                                                                                                                                                                           | $          -                  | $          -            
|Accounts payable affiliates (note C)                                                                                                                                                       | 9,872,022                     | 9,091,047               
|                                                                                                                                                                                           |                               |                         
|PARTNERS CAPITAL                                                                                                                                                                           |                               |                         
|                                                                                                                                                                                           |                               |                         
|Assignees 
  
   Units of beneficial interest of the 
   limited partnership interest of the
   assignor limited partner, $10 stated
   value per BAC, 9,800,600 issued and
   outstanding | 774,421                       | 2,173,864               
|General Partner                                                                                                                                                                            | (850,675)                     | (836,538)               
|                                                                                                                                                                                           | (76,254)                      | 1,337,326               
|                                                                                                                                                                                           | $9,795,768                    | $10,428,373             





















The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership

BALANCE SHEETSSeries 1





|                                                                                                                                                                                           | December 31,
2001
(Unaudited) | March 31,
2001
(Audited)
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ----------------------------- | ------------------------
|ASSETS                                                                                                                                                                                     |                               |                         
|INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)                                                                                                                                             | $          -                  | $          -            
|                                                                                                                                                                                           |                               |                         
|OTHER ASSETS                                                                                                                                                                               |                               |                         
|Cash and cash equivalents                                                                                                                                                                  | 3,805                         | 6,094                   
|Other assets                                                                                                                                                                               | 68,113                        | 68,113                  
|                                                                                                                                                                                           |                               |                         
|                                                                                                                                                                                           | $71,918                       | $74,207                 
|                                                                                                                                                                                           |                               |                         
|LIABILITIES                                                                                                                                                                                |                               |                         
|                                                                                                                                                                                           |                               |                         
|Accounts payable                                                                                                                                                                           | $          -                  | $          -            
|Accounts payable affiliates (note C)                                                                                                                                                       | 2,034,761                     | 1,888,400               
|                                                                                                                                                                                           |                               |                         
|PARTNERS CAPITAL                                                                                                                                                                           |                               |                         
|                                                                                                                                                                                           |                               |                         
|Assignees 
  
   Units of beneficial interest of the 
   limited partnership interest of the
   assignor limited partner, $10 stated
   value per BAC, 1,299,900 issued and
   outstanding | (1,829,990)                   | (1,682,827)             
|General Partner                                                                                                                                                                            | (132,853)                     | (131,366)               
|                                                                                                                                                                                           | (1,962,843)                   | (1,814,193)             
|                                                                                                                                                                                           | $71,918                       | $74,207                 

















The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership

BALANCE SHEETSSeries 2





|                                                                                                                                                                                         | December 31,
2001
(Unaudited) | March 31,
2001
(Audited)
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ----------------------------- | ------------------------
|ASSETS                                                                                                                                                                                   |                               |                         
|INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)                                                                                                                                           | $    262,080                  | $    325,798            
|                                                                                                                                                                                         |                               |                         
|OTHER ASSETS                                                                                                                                                                             |                               |                         
|Cash and cash equivalents                                                                                                                                                                | 7,015                         | 5,977                   
|Other assets                                                                                                                                                                             | 569,584                       | 569,584                 
|                                                                                                                                                                                         |                               |                         
|                                                                                                                                                                                         | $838,679                      | $901,359                
|                                                                                                                                                                                         |                               |                         
|LIABILITIES                                                                                                                                                                              |                               |                         
|                                                                                                                                                                                         |                               |                         
|Accounts payable                                                                                                                                                                         | $          -                  | $          -            
|Accounts payable affiliates (note C)                                                                                                                                                     | 701,566                       | 643,921                 
|                                                                                                                                                                                         |                               |                         
|PARTNERS CAPITAL                                                                                                                                                                         |                               |                         
|                                                                                                                                                                                         |                               |                         
|Assignees 
  
   Units of beneficial interest of the 
   limited partnership interest of the
   assignor limited partner, $10 stated
   value per BAC, 830,300 issued and
   outstanding | 205,084                       | 324,206                 
|General Partner                                                                                                                                                                          | (67,971)                      | (66,768)                
|                                                                                                                                                                                         | 137,113                       | 257,438                 
|                                                                                                                                                                                         | $838,679                      | $901,359                























The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership

BALANCE SHEETSSeries 3





|                                                                                                                                                                                           | December 31,
2001
(Unaudited) | March 31,
2001
(Audited)
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ----------------------------- | ------------------------
|ASSETS                                                                                                                                                                                     |                               |                         
|INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)                                                                                                                                             | $     65,289                  | $    206,629            
|                                                                                                                                                                                           |                               |                         
|OTHER ASSETS                                                                                                                                                                               |                               |                         
|Cash and cash equivalents                                                                                                                                                                  | 14,252                        | 5,293                   
|Other assets                                                                                                                                                                               | 88,689                        | 70,240                  
|                                                                                                                                                                                           |                               |                         
|                                                                                                                                                                                           | $168,230                      | $282,162                
|                                                                                                                                                                                           |                               |                         
|LIABILITIES                                                                                                                                                                                |                               |                         
|                                                                                                                                                                                           |                               |                         
|Accounts payable                                                                                                                                                                           | $          -                  | $          -            
|Accounts payable affiliates (note C)                                                                                                                                                       | 2,750,355                     | 2,513,823               
|                                                                                                                                                                                           |                               |                         
|PARTNERS CAPITAL                                                                                                                                                                           |                               |                         
|                                                                                                                                                                                           |                               |                         
|Assignees 
  
   Units of beneficial interest of the 
   limited partnership interest of the
   assignor limited partner, $10 stated
   value per BAC, 2,882,200 issued and
   outstanding | (2,304,390)                   | (1,957,431)             
|General Partner                                                                                                                                                                            | (277,735)                     | (274,230)               
|                                                                                                                                                                                           | (2,582,125)                   | (2,231,661)             
|                                                                                                                                                                                           | $168,230                      | $282,162                























The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership

BALANCE SHEETSSeries 4





|                                                                                                                                                                                           | December 31,
2001
(Unaudited) | March 31,
2001
(Audited)
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ----------------------------- | ------------------------
|ASSETS                                                                                                                                                                                     |                               |                         
|INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)                                                                                                                                             | $  4,086,680                  | $  4,593,447            
|                                                                                                                                                                                           |                               |                         
|OTHER ASSETS                                                                                                                                                                               |                               |                         
|Cash and cash equivalents                                                                                                                                                                  | 21,713                        | 27,998                  
|Other assets                                                                                                                                                                               | 251,685                       | 247,635                 
|                                                                                                                                                                                           |                               |                         
|                                                                                                                                                                                           | $4,360,078                    | $4,869,080              
|                                                                                                                                                                                           |                               |                         
|LIABILITIES                                                                                                                                                                                |                               |                         
|                                                                                                                                                                                           |                               |                         
|Accounts payable                                                                                                                                                                           | $          -                  | $          -            
|Accounts payable affiliates (note C)                                                                                                                                                       | 2,581,525                     | 2,382,066               
|                                                                                                                                                                                           |                               |                         
|PARTNERS CAPITAL                                                                                                                                                                           |                               |                         
|                                                                                                                                                                                           |                               |                         
|Assignees 
  
   Units of beneficial interest of the 
   limited partnership interest of the
   assignor limited partner, $10 stated
   value per BAC, 2,995,300 issued and
   outstanding | 2,020,872                     | 2,722,248               
|General Partner                                                                                                                                                                            | (242,319)                     | (235,234)               
|                                                                                                                                                                                           | 1,778,553                     | 2,487,014               
|                                                                                                                                                                                           | $4,360,078                    | $4,869,080              























The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership

BALANCE SHEETSSeries 5





|                                                                                                                                                                                         | December 31,
2001
(Unaudited) | March 31,
2001
(Audited)
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ----------------------------- | ------------------------
|ASSETS                                                                                                                                                                                   |                               |                         
|INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)                                                                                                                                           | $    396,723                  | $    405,558            
|                                                                                                                                                                                         |                               |                         
|OTHER ASSETS                                                                                                                                                                             |                               |                         
|Cash and cash equivalents                                                                                                                                                                | 90,991                        | 96,768                  
|Other assets                                                                                                                                                                             | 149,899                       | 149,899                 
|                                                                                                                                                                                         |                               |                         
|                                                                                                                                                                                         | $637,613                      | $652,225                
|                                                                                                                                                                                         |                               |                         
|LIABILITIES                                                                                                                                                                              |                               |                         
|                                                                                                                                                                                         |                               |                         
|Accounts payable                                                                                                                                                                         | $          -                  | $          -            
|Accounts payable affiliates (note C)                                                                                                                                                     | 252,193                       | 223,908                 
|                                                                                                                                                                                         |                               |                         
|PARTNERS CAPITAL                                                                                                                                                                         |                               |                         
|                                                                                                                                                                                         |                               |                         
|Assignees 
  
   Units of beneficial interest of the 
   limited partnership interest of the
   assignor limited partner, $10 stated
   value per BAC, 489,900 issued and
   outstanding | 423,317                       | 465,785                 
|General Partner                                                                                                                                                                          | (37,897)                      | (37,468)                
|                                                                                                                                                                                         | 385,420                       | 428,317                 
|                                                                                                                                                                                         | $637,613                      | $652,225                























The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership

BALANCE SHEETSSeries 6





|                                                                                                                                                                                           | December 31,
2001
(Unaudited) | March 31,
2001
(Audited)
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ----------------------------- | ------------------------
|ASSETS                                                                                                                                                                                     |                               |                         
|INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)                                                                                                                                             | $  3,680,337                  | $  3,596,595            
|                                                                                                                                                                                           |                               |                         
|OTHER ASSETS                                                                                                                                                                               |                               |                         
|Cash and cash equivalents                                                                                                                                                                  | 38,913                        | 52,745                  
|Other assets                                                                                                                                                                               | -                             | -                       
|                                                                                                                                                                                           |                               |                         
|                                                                                                                                                                                           | $3,719,250                    | $3,649,340              
|                                                                                                                                                                                           |                               |                         
|LIABILITIES                                                                                                                                                                                |                               |                         
|                                                                                                                                                                                           |                               |                         
|Accounts payable                                                                                                                                                                           | $          -                  | $          -            
|Accounts payable affiliates (note C)                                                                                                                                                       | 1,551,622                     | 1,438,929               
|                                                                                                                                                                                           |                               |                         
|PARTNERS CAPITAL                                                                                                                                                                           |                               |                         
|                                                                                                                                                                                           |                               |                         
|Assignees 
  
   Units of beneficial interest of the 
   limited partnership interest of the
   assignor limited partner, $10 stated
   value per BAC, 1,303,000 issued and
   outstanding | 2,259,528                     | 2,301,883               
|General Partner                                                                                                                                                                            | (91,900)                      | (91,472)                
|                                                                                                                                                                                           | 2,167,628                     | 2,210,411               
|                                                                                                                                                                                           | $3,719,250                    | $3,649,340              























The accompanying notes are an integral part of this statement





Boston Capital Tax Credit Fund Limited PartnershipSTATEMENTS OF OPERATIONS

Three Months Ended December 31,
(Unaudited)





|                                                     | 2001          | 2000         
|---------------------------------------------------- | ------------- | -------------
|                                                     |               |              
|Income                                               |               |              
|Interest income                                      | $         481 | $         709
|Miscellaneous income                                 | 36,900        | 300          
|                                                     | 37,381        | 1,009        
|                                                     |               |              
|Share of loss from Operating 
  Partnerships(Note D) | (151,531)     | (399,442)    
|                                                     |               |              
|Expenses                                             |               |              
|Professional fees                                    | 9,625         | 2,258        
|Partnership management fees (Note C)                 | 227,018       | 185,268      
|General and administrative fees                      | 42,274        | 6,431        
|                                                     | 278,917       | 193,957      
|                                                     |               |              
|NET LOSS                                             | $(393,067)    | $(592,390)   
|                                                     |               |              
|Net loss allocated to assignees                      | $(389,137)    | $(586,466)   
|                                                     |               |              
|Net loss allocated to general partner                | $(3,930)      | $(5,924)     
|                                                     |               |              
|Net loss per BAC                                     | $(.20)        | $(.31)       
|                                                     |               |              





The accompanying notes are an integral part of this statement





Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Three Months Ended December 31,
(Unaudited)

Series1



|                                                     | 2001         | 2000        
|---------------------------------------------------- | ------------ | ------------
|                                                     |              |             
|Income                                               |              |             
|Interest income                                      | $         10 | $         38
|Miscellaneous income                                 | -            | -           
|                                                     | 10           | 38          
|                                                     |              |             
|Share of loss from Operating 
  Partnerships(Note D) | -            | -           
|                                                     |              |             
|Expenses                                             |              |             
|Professional fees                                    | 1,636        | 386         
|Partnership management fees (Note C)                 | 41,216       | 45,216      
|General and administrative fees                      | 6,267        | 810         
|                                                     | 49,119       | 46,412      
|                                                     |              |             
|NET LOSS                                             | $(49,109)    | $(46,374)   
|                                                     |              |             
|Net loss allocated to assignees                      | $(48,618)    | $(45,910)   
|                                                     |              |             
|Net loss allocated to general partner                | $(491)       | $(464)      
|                                                     |              |             
|Net loss per BAC                                     | $(.04)       | $(.04)      
|                                                     |              |             





The accompanying notes are an integral part of this statement







Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Three Months Ended December 31,
(Unaudited)

Series2



|                                                    | 2001        | 2000       
|--------------------------------------------------- | ----------- | -----------
|                                                    |             |            
|Income                                              |             |            
|Interest income                                     | $        19 | $        21
|Miscellaneous income                                | 5,400       | -          
|                                                    | 5,419       | 21         
|                                                    |             |            
|Share of loss from Operating 
 Partnerships(Note D) | (34,742)    | (37,610)   
|                                                    |             |            
|Expenses                                            |             |            
|Professional fees                                   | 1,042       | 315        
|Partnership management fees                         | 16,836      | 16,836     
|General and administrative fees                     | 5,198       | 925        
|                                                    | 23,076      | 18,076     
|                                                    |             |            
|NET LOSS                                            | $(52,399)   | $(55,665)  
|                                                    |             |            
|Net loss allocated to assignees                     | $(51,875)   | $(55,108)  
|                                                    |             |            
|Net loss allocated to general partner               | $(524)      | $(557)     
|                                                    |             |            
|Net loss per BAC                                    | $(.06)      | $(.07)     
|                                                    |             |            





The accompanying notes are an integral part of this statement





Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Three Months Ended December 31,
(Unaudited)Series3



|                                                     | 2001         | 2000        
|---------------------------------------------------- | ------------ | ------------
|                                                     |              |             
|Income                                               |              |             
|Interest income                                      | $         22 | $         26
|Miscellaneous income                                 | 18,150       | -           
|                                                     | 18,172       | 26          
|                                                     |              |             
|Share of loss from Operating 
  Partnerships(Note D) | (51,245)     | (97,973)    
|                                                     |              |             
|Expenses                                             |              |             
|Professional fees                                    | 2,586        | 477         
|Partnership management fees (Note C)                 | 66,497       | 67,497      
|General and administrative expenses                  | 10,883       | 1,520       
|                                                     | 79,966       | 69,494      
|                                                     |              |             
|NET LOSS                                             | $(113,039)   | $(167,441)  
|                                                     |              |             
|Net loss allocated to assignees                      | $(111,909)   | $(165,767)  
|                                                     |              |             
|Net loss allocated to general partner                | $(1,130)     | $(1,674)    
|                                                     |              |             
|Net loss per BAC                                     | $(.04)       | $(.06)      
|                                                     |              |             





The accompanying notes are an integral part of this statement





Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Three Months Ended December 31,
(Unaudited)Series4



|                                                     | 2001         | 2000        
|---------------------------------------------------- | ------------ | ------------
|                                                     |              |             
|Income                                               |              |             
|Interest income                                      | $         57 | $         18
|Miscellaneous income                                 | 11,700       | -           
|                                                     | 11,757       | 18          
|                                                     |              |             
|Share of loss from Operating 
  Partnerships(Note D) | (167,182)    | (268,479)   
|                                                     |              |             
|Expenses                                             |              |             
|Professional fees                                    | 2,176        | 425         
|Partnership management fees (Note C)                 | 57,721       | 35,366      
|General and administrative fees                      | 9,984        | 1,482       
|                                                     | 69,881       | 37,273      
|                                                     |              |             
|NET LOSS                                             | $(225,306)   | $(305,734)  
|                                                     |              |             
|Net loss allocated to assignees                      | $(223,053)   | $(302,677)  
|                                                     |              |             
|Net loss allocated to general partner                | $(2,253)     | $(3,057)    
|                                                     |              |             
|Net loss per BAC                                     | $(.07)       | $(.10)      
|                                                     |              |             





The accompanying notes are an integral part of this statement





Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Three Months Ended December 31,
(Unaudited)Series5



|                                                              | 2001         | 2000        
|------------------------------------------------------------- | ------------ | ------------
|                                                              |              |             
|Income                                                        |              |             
|Interest income                                               | $        254 | $        476
|Miscellaneous income                                          | 1,650        | 300         
|                                                              | 1,904        | 776         
|                                                              |              |             
|Share of income (loss) from Operating 
  Partnerships(Note D) | (3,958)      | (15,275)    
|                                                              |              |             
|Expenses                                                      |              |             
|Professional fees                                             | 818          | 295         
|Partnership management fees (Note C)                          | 9,429        | 9,429       
|General and administrative fees                               | 4,274        | 955         
|                                                              | 14,521       | 10,679      
|                                                              |              |             
|NET LOSS                                                      | $(16,575)    | $(25,178)   
|                                                              |              |             
|Net loss allocated to assignees                               | $(16,409)    | $(24,926)   
|                                                              |              |             
|Net loss allocated to general partner                         | $(166)       | $(252)      
|                                                              |              |             
|Net loss per BAC                                              | $(.03)       | $(.05)      
|                                                              |              |             



The accompanying notes are an integral part of this statement





Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Three Months Ended December 31,
(Unaudited)Series 6



|                                                              | 2001         | 2000        
|------------------------------------------------------------- | ------------ | ------------
|                                                              |              |             
|Income                                                        |              |             
|Interest income                                               | $        119 | $        130
|Miscellaneous income                                          | -            | -           
|                                                              | 119          | 130         
|                                                              |              |             
|Share of income (loss) from Operating 
  Partnerships(Note D) | 105,596      | 19,895      
|                                                              |              |             
|Expenses                                                      |              |             
|Professional fees                                             | 1,367        | 360         
|Partnership management fees (Note C)                          | 35,319       | 10,924      
|General and administrative expenses                           | 5,668        | 739         
|                                                              | 42,354       | 12,023      
|                                                              |              |             
|NET INCOME (LOSS)                                             | $63,361      | $8,002      
|                                                              |              |             
|Net loss allocated to assignees                               | $62,727      | $7,922      
|                                                              |              |             
|Net loss allocated to general partner                         | $634         | $80         
|                                                              |              |             
|Net loss per BAC                                              | $.05         | $.01        
|                                                              |              |             





The accompanying notes are an integral part of this statement





Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS

Nine Months Ended December 31,
(Unaudited)





|                                                     | 2001          | 2000        
|---------------------------------------------------- | ------------- | ------------
|                                                     |               |             
|Income                                               |               |             
|Interest income                                      | $       2,256 | $      2,323
|Miscellaneous income                                 | 37,423        | 320         
|                                                     | 39,679        | 2,643       
|                                                     |               |             
|Share of loss from Operating 
  Partnerships(Note D) | (636,900)     | (1,111,549) 
|                                                     |               |             
|Expenses                                             |               |             
|Professional fees                                    | 76,235        | 72,387      
|Partnership management fees (Note C)                 | 676,559       | 629,673     
|General and administrative fees                      | 63,565        | 41,136      
|                                                     | 816,359       | 743,196     
|                                                     |               |             
|NET LOSS                                             | $(1,413,580)  | $(1,852,102)
|                                                     |               |             
|Net loss allocated to assignees                      | $(1,399,443)  | $(1,833,582)
|                                                     |               |             
|Net loss allocated to general partner                | $(14,137)     | $(18,520)   
|                                                     |               |             
|Net loss per BAC                                     | $(.73)        | $(.98)      
|                                                     |               |             





The accompanying notes are an integral part of this statement





Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Nine Months Ended December 31,

(Unaudited)

Series 1



|                                                     | 2001         | 2000        
|---------------------------------------------------- | ------------ | ------------
|                                                     |              |             
|Income                                               |              |             
|Interest income                                      | $         66 | $        145
|Miscellaneous income                                 | 20           | 20          
|                                                     | 86           | 165         
|                                                     |              |             
|Share of loss from Operating 
  Partnerships(Note D) | -            | -           
|                                                     |              |             
|Expenses                                             |              |             
|Professional fees                                    | 13,156       | 12,876      
|Partnership management fees (Note C)                 | 126,510      | 130,975     
|General and administrative fees                      | 9,070        | 5,467       
|                                                     | 148,736      | 149,318     
|                                                     |              |             
|NET LOSS                                             | $(148,650)   | $(149,153)  
|                                                     |              |             
|Net loss allocated to assignees                      | $(147,163)   | $(147,661)  
|                                                     |              |             
|Net loss allocated to general partner                | $(1,487)     | $(1,492)    
|                                                     |              |             
|Net loss per BAC                                     | $(.11)       | $(.11)      
|                                                     |              |             





The accompanying notes are an integral part of this statement







Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Nine Months Ended December 31,
(Unaudited)

Series 2



|                                                    | 2001        | 2000       
|--------------------------------------------------- | ----------- | -----------
|                                                    |             |            
|Income                                              |             |            
|Interest income                                     | $        83 | $        68
|Miscellaneous income                                | 5,402       | -          
|                                                    | 5,485       | 68         
|                                                    |             |            
|Share of loss from Operating 
 Partnerships(Note D) | (63,718)    | (119,079)  
|                                                    |             |            
|Expenses                                            |             |            
|Professional fees                                   | 9,315       | 9,319      
|Partnership management fees                         | 45,113      | 45,610     
|General and administrative fees                     | 7,664       | 5,209      
|                                                    | 62,092      | 60,138     
|                                                    |             |            
|NET LOSS                                            | $(120,325)  | $(179,149) 
|                                                    |             |            
|Net loss allocated to assignees                     | $(119,122)  | $(177,358) 
|                                                    |             |            
|Net loss allocated to general partner               | $(1,203)    | $(1,791)   
|                                                    |             |            
|Net loss per BAC                                    | $(.14)      | $(.21)     
|                                                    |             |            





The accompanying notes are an integral part of this statement





Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Nine Months Ended December 31,
(Unaudited)Series 3



|                                                     | 2001         | 2000        
|---------------------------------------------------- | ------------ | ------------
|                                                     |              |             
|Income                                               |              |             
|Interest income                                      | $         77 | $        113
|Miscellaneous income                                 | 18,650       | -           
|                                                     | 18,727       | 113         
|                                                     |              |             
|Share of loss from Operating 
  Partnerships(Note D) | (141,322)    | (342,959)   
|                                                     |              |             
|Expenses                                             |              |             
|Professional fees                                    | 16,813       | 16,107      
|Partnership management fees (Note C)                 | 194,141      | 190,491     
|General and administrative expenses                  | 16,915       | 11,405      
|                                                     | 227,869      | 218,003     
|                                                     |              |             
|NET LOSS                                             | $(350,464)   | $(560,849)  
|                                                     |              |             
|Net loss allocated to assignees                      | $(346,959)   | $(555,241)  
|                                                     |              |             
|Net loss allocated to general partner                | $(3,505)     | $(5,608)    
|                                                     |              |             
|Net loss per BAC                                     | $(.12)       | $(.19)      
|                                                     |              |             



The accompanying notes are an integral part of this statement





Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Nine Months Ended December 31,
(Unaudited)Series 4



|                                                     | 2001         | 2000        
|---------------------------------------------------- | ------------ | ------------
|                                                     |              |             
|Income                                               |              |             
|Interest income                                      | $        300 | $         67
|Miscellaneous income                                 | 11,700       | -           
|                                                     | 12,000       | 67          
|                                                     |              |             
|Share of loss from Operating 
  Partnerships(Note D) | (506,767)    | (702,559)   
|                                                     |              |             
|Expenses                                             |              |             
|Professional feess                                   | 16,574       | 15,735      
|Partnership management fees (Note C)                 | 181,536      | 160,808     
|General and administrative fees                      | 15,584       | 10,705      
|                                                     | 213,694      | 187,248     
|                                                     |              |             
|NET LOSS                                             | $(708,461)   | $(889,740)  
|                                                     |              |             
|Net loss allocated to assignees                      | $(701,376)   | $(880,843)  
|                                                     |              |             
|Net loss allocated to general partner                | $(7,085)     | $(8,897)    
|                                                     |              |             
|Net loss per BAC                                     | $(.23)       | $(.29)      
|                                                     |              |             





The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Nine Months Ended December 31,
(Unaudited)Series 5



|                                                     | 2001         | 2000        
|---------------------------------------------------- | ------------ | ------------
|                                                     |              |             
|Income                                               |              |             
|Interest income                                      | $      1,144 | $      1,528
|Miscellaneous income                                 | 1,651        | 300         
|                                                     | 2,795        | 1,828       
|                                                     |              |             
|Share of loss from Operating 
  Partnerships(Note D) | (8,835)      | (53,602)    
|                                                     |              |             
|Expenses                                             |              |             
|Professional fees                                    | 7,690        | 6,325       
|Partnership management fees (Note C)                 | 22,802       | 28,227      
|General and administrative fees                      | 6,365        | 3,621       
|                                                     | 36,857       | 38,173      
|                                                     |              |             
|NET LOSS                                             | $(42,897)    | $(89,947)   
|                                                     |              |             
|Net loss allocated to assignees                      | $(42,468)    | $(89,048)   
|                                                     |              |             
|Net loss allocated to general partner                | $(429)       | $(899)      
|                                                     |              |             
|Net loss per BAC                                     | $(.09)       | $(.18)      
|                                                     |              |             



The accompanying notes are an integral part of this statement





Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Nine Months Ended December 31,
(Unaudited)Series 6



|                                                              | 2001         | 2000        
|------------------------------------------------------------- | ------------ | ------------
|                                                              |              |             
|Income                                                        |              |             
|Interest income                                               | $        586 | $        402
|Miscellaneous income                                          | -            | -           
|                                                              | 586          | 402         
|                                                              |              |             
|Share of income (loss) from Operating 
  Partnerships(Note D) | 83,742       | 106,650     
|                                                              |              |             
|Expenses                                                      |              |             
|Professional fees                                             | 12,687       | 12,025      
|Partnership management fees (Note C)                          | 106,457      | 73,562      
|General and administrative expenses                           | 7,967        | 4,729       
|                                                              | 127,111      | 90,316      
|                                                              |              |             
|NET INCOME (LOSS)                                             | $(42,783)    | $16,736     
|                                                              |              |             
|Net loss allocated to assignees                               | $(42,355)    | $16,569     
|                                                              |              |             
|Net loss allocated to general partner                         | $(428)       | $167        
|                                                              |              |             
|Net loss per BAC                                              | $(.03)       | $.01        
|                                                              |              |             





The accompanying notes are an integral part of this statement



Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF CHANGES IN PARTNERS' CAPITAL

Nine Months Ended December 31,
(Unaudited)



|                                                   | Assignees    | GeneralPartner | Total       
|-------------------------------------------------- | ------------ | -------------- | ------------
|                                                   |              |                |             
|Partners' capital 
 (deficit)
  April 1, 2001      | $  2,173,864 | $  (836,538)   | $  1,337,326
|                                                   |              |                |             
|                                                   |              |                |             
|Net loss                                           | (1,399,443)  | (14,137)       | (1,413,580) 
|                                                   |              |                |             
|Partners' capital 
 (deficit),
  December 31, 2001 | $774,421     | $(850,675)     | $(76,254)   
|                                                   |              |                |             

The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF CHANGES IN PARTNERS' CAPITAL
Nine Months Ended December 31,
(Unaudited)



|                                                  | Assignees    | GeneralPartner | Total       
|------------------------------------------------- | ------------ | -------------- | ------------
|Series1                                           |              |                |             
|Partners' capital 
 (deficit)
  April 1, 2001     | $(1,682,827) | $  (131,366)   | $(1,814,193)
|                                                  |              |                |             
|                                                  |              |                |             
|Net loss                                          | (147,163)    | (1,487)        | (148,650)   
|                                                  |              |                |             
|Partners' capital 
 (deficit)
  December 31, 2001 | $(1,829,990) | $(132,853)     | $(1,962,843)
|                                                  |              |                |             
|                                                  |              |                |             
|Series2                                           |              |                |             
|Partners' capital 
 (deficit)
  April 1, 2001     | $    324,206 | $   (66,768)   | $    257,438
|                                                  |              |                |             
|                                                  |              |                |             
|Net income (loss)                                 | (119,122)    | (1,203)        | (120,325)   
|                                                  |              |                |             
|Partners' capital 
 (deficit)
  December 31, 2001 | $205,084     | $(67,971)      | $137,113    
|                                                  |              |                |             



The accompanying notes are an integral part of these statements.









Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF CHANGES IN PARTNERS' CAPITAL
Nine Months Ended December 31,
(Unaudited)



|                                                   | Assignees    | GeneralPartner | Total       
|-------------------------------------------------- | ------------ | -------------- | ------------
|Series3                                            |              |                |             
|Partners' capital 
 (deficit)
  April 1, 2001      | $(1,957,431) | $  (274,230)   | $(2,231,661)
|                                                   |              |                |             
|                                                   |              |                |             
|Net income (loss)                                  | (346,959)    | (3,505)        | (350,464)   
|                                                   |              |                |             
|Partners' capital 
 (deficit)
  December 31, 2001  | $(2,304,390) | $(277,735)     | $(2,582,125)
|                                                   |              |                |             
|                                                   |              |                |             
|Series4                                            |              |                |             
|Partners' capital 
 (deficit)
  April 1, 2001      | $  2,722,248 | $  (235,234)   | $  2,487,014
|                                                   |              |                |             
|                                                   |              |                |             
|Net loss                                           | (701,376)    | (7,085)        | (708,461)   
|                                                   |              |                |             
|Partners' capital 
 (deficit),
  December 31, 2001 | $2,020,872   | $(242,319)     | $1,778,553  
|                                                   |              |                |             







The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF CHANGES IN PARTNERS' CAPITAL
Nine Months Ended December 31,
(Unaudited)



|                                                   | Assignees    | GeneralPartner | Total       
|-------------------------------------------------- | ------------ | -------------- | ------------
|Series5                                            |              |                |             
|Partners' capital 
 (deficit)
  April 1, 2001      | $    465,785 | $   (37,468)   | $    428,317
|                                                   |              |                |             
|                                                   |              |                |             
|Net loss                                           | (42,468)     | (429)          | (42,897)    
|                                                   |              |                |             
|Partners' capital 
 (deficit),
  December 31, 2001 | $423,317     | $(37,897)      | $385,420    
|                                                   |              |                |             
|Series 6                                           |              |                |             
|Partners' capital 
 (deficit)
  April 1, 2001      | $  2,301,883 | $   (91,472)   | $  2,210,411
|                                                   |              |                |             
|                                                   |              |                |             
|Net loss                                           | (42,355)     | (428)          | (42,783)    
|                                                   |              |                |             
|Partners' capital 
 (deficit),
  December 31, 2001 | $2,259,528   | $(91,900)      | $2,167,628  



The accompanying notes are an integral part of this statement











Boston Capital Tax Credit Fund Limited PartnershipSTATEMENTS OF CASH FLOWS
Nine Months Ended December 31,
(Unaudited)



|                                                             | 2001         | 2000        
|------------------------------------------------------------ | ------------ | ------------
|Cash flows from operating activities:                        |              |             
|                                                             |              |             
|Net Loss                                                     | $(1,413,580) | $(1,852,102)
|Adjustments                                                  |              |             
|Distributions from Operating
        Partnerships            | 18           | 18,088      
|Amortization                                                 | -            | -           
|Share of Loss from Operating
        Partnerships            | 636,900      | 1,111,549   
|Changes in assets and liabilities                            |              |             
|Increase (Decrease) in accounts
        payable              | 780,975      | 798,605     
|Decrease (Increase) in other
        assets                  | (22,499)     | (34,852)    
|                                                             |              |             
|Net cash (used in) provided by 
        operating activities | (18,186)     | 41,288      
|                                                             |              |             
|                                                             |              |             
|INCREASE (DECREASE) IN CASH AND CASH 
     EQUIVALENTS       | (18,186)     | 41,288      
|                                                             |              |             
|Cash and cash equivalents, beginning                         | 194,875      | 149,652     
|                                                             |              |             
|Cash and cash equivalents, ending                            | $176,689     | $190,940    





The accompanying notes are an integral part of this statement







Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF CASH FLOWS
Nine Months Ended December 31,
(Unaudited)Series1



|                                                             | 2001         | 2000        
|------------------------------------------------------------ | ------------ | ------------
|Cash flows from operating activities:                        |              |             
|                                                             |              |             
|Net Loss                                                     | $  (148,650) | $  (149,153)
|Adjustments                                                  |              |             
|Distributions from Operating
        Partnerships            | -            | -           
|Amortization                                                 | -            | -           
|Share of Loss from Operating
        Partnerships            | -            | -           
|Changes in assets and liabilities                            |              |             
|Increase (Decrease) in accounts
        payable              | 146,361      | 142,406     
|Decrease (Increase) in other
        assets                  | -            | -           
|                                                             |              |             
|Net cash (used in) provided by 
        operating activities | (2,289)      | (6,747)     
|                                                             |              |             
|                                                             |              |             
|INCREASE (DECREASE) IN CASH AND CASH 
     EQUIVALENTS       | (2,289)      | (6,747)     
|                                                             |              |             
|Cash and cash equivalents, beginning                         | 6,094        | 11,172      
|                                                             |              |             
|Cash and cash equivalents, ending                            | $3,805       | $4,425      







The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF CASH FLOWS
Nine Months Ended December 31,
(Unaudited)Series 2



|                                                             | 2001         | 2000        
|------------------------------------------------------------ | ------------ | ------------
|Cash flows from operating activities:                        |              |             
|                                                             |              |             
|Net Loss                                                     | $  (120,325) | $  (179,149)
|Adjustments                                                  |              |             
|Distributions from Operating
        Partnerships            | -            | -           
|Amortization                                                 | -            | -           
|Share of Loss from Operating
        Partnerships            | 63,718       | 119,079     
|Changes in assets and liabilities                            |              |             
|Increase (Decrease) in accounts
        payable              | 57,645       | 59,971      
|Decrease (Increase) in other
        assets                  | -            | -           
|                                                             |              |             
|Net cash (used in) provided by 
        operating activities | 1,038        | (99)        
|                                                             |              |             
|                                                             |              |             
|INCREASE (DECREASE) IN CASH AND CASH 
     EQUIVALENTS       | 1,038        | (99)        
|                                                             |              |             
|Cash and cash equivalents, beginning                         | 5,977        | 4,403       
|                                                             |              |             
|Cash and cash equivalents, ending                            | $7,015       | $4,304      





The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF CASH FLOWS
Nine Months Ended December 31,
(Unaudited)Series 3



|                                                             | 2001         | 2000        
|------------------------------------------------------------ | ------------ | ------------
|Cash flows from operating activities:                        |              |             
|                                                             |              |             
|Net Loss                                                     | $  (350,464) | $  (560,849)
|Adjustments                                                  |              |             
|Distributions from Operating
        Partnerships            | 18           | -           
|Amortization                                                 | -            | -           
|Share of Loss from Operating
        Partnerships            | 141,322      | 342,959     
|Changes in assets and liabilities                            |              |             
|Increase (Decrease) in accounts
        payable              | 236,532      | 240,149     
|Decrease (Increase) in other
        assets                  | (18,449)     | (28,578)    
|                                                             |              |             
|Net cash (used in) provided by 
        operating activities | 8,959        | (6,319)     
|                                                             |              |             
|                                                             |              |             
|INCREASE (DECREASE) IN CASH AND CASH 
     EQUIVALENTS       | 8,959        | (6,319)     
|                                                             |              |             
|Cash and cash equivalents, beginning                         | 5,293        | 7,782       
|                                                             |              |             
|Cash and cash equivalents, ending                            | $14,252      | $1,463      





The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF CASH FLOWS
Nine Months Ended December 31,
(Unaudited)Series 4



|                                                             | 2001         | 2000        
|------------------------------------------------------------ | ------------ | ------------
|Cash flows from operating activities:                        |              |             
|                                                             |              |             
|Net Loss                                                     | $  (708,461) | $  (889,740)
|Adjustments                                                  |              |             
|Distributions from Operating
        Partnerships            | -            | 2           
|Amortization                                                 | -            | -           
|Share of Loss from Operating
        Partnerships            | 506,767      | 702,559     
|Changes in assets and liabilities                            |              |             
|Increase (Decrease) in accounts
        payable              | 199,459      | 217,906     
|Decrease (Increase) in other
        assets                  | (4,050)      | (6,274)     
|                                                             |              |             
|Net cash (used in) provided by 
        operating activities | (6,285)      | 24,453      
|                                                             |              |             
|                                                             |              |             
|INCREASE (DECREASE) IN CASH AND CASH 
     EQUIVALENTS       | (6,285)      | 24,453      
|                                                             |              |             
|Cash and cash equivalents, beginning                         | 27,998       | 5,558       
|                                                             |              |             
|Cash and cash equivalents, ending                            | $21,713      | $30,011     



The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF CASH FLOWS
Nine Months Ended December 31,
(Unaudited)Series 5



|                                                             | 2001         | 2000        
|------------------------------------------------------------ | ------------ | ------------
|Cash flows from operating activities:                        |              |             
|                                                             |              |             
|Net Loss                                                     | $   (42,897) | $   (89,947)
|Adjustments                                                  |              |             
|Distributions from Operating
        Partnerships            | -            | (1)         
|Amortization                                                 | -            | -           
|Share of Loss from Operating
        Partnerships            | 8,835        | 53,602      
|Changes in assets and liabilities                            |              |             
|Increase (Decrease) in accounts
        payable              | 28,285       | 28,287      
|Decrease (Increase) in other
        assets                  | -            | -           
|                                                             |              |             
|Net cash (used in) provided by 
        operating activities | (5,777)      | (8,059)     
|                                                             |              |             
|                                                             |              |             
|INCREASE (DECREASE) IN CASH AND CASH 
     EQUIVALENTS       | (5,777)      | (8,059)     
|                                                             |              |             
|Cash and cash equivalents, beginning                         | 96,768       | 105,507     
|                                                             |              |             
|Cash and cash equivalents, ending                            | $90,991      | $97,448     



The accompanying notes are an integral part of this statement



Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF CASH FLOWS
Nine Months Ended December 31,
(Unaudited)Series 6



|                                                             | 2001         | 2000       
|------------------------------------------------------------ | ------------ | -----------
|Cash flows from operating activities:                        |              |            
|                                                             |              |            
|Net Loss                                                     | $   (42,783) | $    16,736
|Adjustments                                                  |              |            
|Distributions from Operating
        Partnerships            | -            | 18,087     
|Amortization                                                 | -            | -          
|Share of Loss from Operating
        Partnerships            | (83,742)     | (106,650)  
|Changes in assets and liabilities                            |              |            
|Increase (Decrease) in accounts
        payable              | 112,693      | 109,886    
|Decrease (Increase) in other
        assets                  | -            | -          
|                                                             |              |            
|Net cash (used in) provided by 
        operating activities | (13,832)     | 38,059     
|                                                             |              |            
|                                                             |              |            
|INCREASE (DECREASE) IN CASH AND CASH 
     EQUIVALENTS       | (13,832)     | 38,059     
|                                                             |              |            
|Cash and cash equivalents, beginning                         | 52,745       | 15,230     
|                                                             |              |            
|Cash and cash equivalents, ending                            | $38,913      | $53,289    





The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership

NOTES TO FINANCIAL STATEMENTS
December 31, 2001

(Unaudited)



NOTE A - ORGANIZATION

Boston Capital Tax Credit Fund Limited Partnership ("the Partnership")
was formed under the laws of the State of Delaware as of June 1, 1988, for the
purpose of acquiring, holding, and disposing of limited partnership interests
in operating partnerships which have acquired, developed, rehabilitated,
operate and own newly constructed, existing or rehabilitated low-income
apartment complexes  ("Operating Partnerships").  On August 22, 1988, American
Affordable Housing VI Limited Partnership changed its name to Boston Capital
Tax Credit Fund Limited Partnership.

Pursuant to the Securities Act of 1933, the Partnership filed a Form S-11
Registration Statement with the Securities and Exchange Commission, effective
August 29, 1988, which covered the offering (the "Public Offering") of the
Partnership's beneficial assignee certificates ("BACs") representing
assignments of units of the beneficial interest of the limited partnership
interest of the Assignor Limited Partner.  The Partnership registered
10,000,000 BACs at $10 per BAC for sale to the public in six series.  Offers
and sales of BACs in Series 1 through Series 6 of the Partnership were
completed and the last of the BACs in Series 6 were issued by the Partnership
on September 29, 1989.  The Partnership sold 1,299,900 of Series 1 BACs,
830,300 of Series 2 BACs, 2,882,200 of Series 3 BACs, 2,995,300 of Series 4
BACs, 489,900 of Series 5 BACs and 1,303,000 of Series 6 BACs.  The
Partnership is no longer offering and does not intend to offer any additional
BACs.





Boston Capital Tax Credit Fund Limited Partnership
NOTES TO FINANCIAL STATEMENTS - CONTINUED
December 31, 2001
(Unaudited)

NOTE B - ACCOUNTING AND FINANCIAL REPORTING POLICIES
The condensed financial statements included herein as of December 31,
2001 and for the three and nine months then ended have been prepared by the
Partnership, without audit, pursuant to the rules and regulations of the
Securities and Exchange Commission.  The Partnership accounts for its
investments in Operating Partnerships using the equity method, whereby the
Partnership adjusts its investment cost for its share of each Operating
Partnership's results of operations and for any distributions received or
accrued.  Costs incurred by the Partnership in acquiring the investments in
Operating Partnerships are capitalized to the investment account.  The
Partnership's accounting and financial reporting policies are in conformity
with generally accepted accounting principles and include adjustments in
interim periods considered necessary for a fair presentation of the results of
operations.  Such adjustments are of a normal recurring nature.  Certain
information and footnote disclosures normally included in financial statements
prepared in accordance with generally accepted accounting principles have been
condensed or omitted pursuant to such rules and regulations.  It is suggested 
that these condensed financial statements be read in conjunction with the
financial statements and the notes thereto included in the Partnership's
Annual Report on Form 10-K.

NOTE C - RELATED PARTY TRANSACTIONS

The Partnership has entered into several transactions with various
affiliates of the general partner, including Boston Capital Holdings LP, 
Boston Capital Partners, Inc. and Boston Capital Asset Management Limited 
Partnership.

General and administrative expenses incurred by Boston Capital Holdings LP, 
Boston Capital Partners, Inc. and its affiliates were charged to each series' 
operations for the quarters ended December 31, 2001 and 2000 as follows:



|         | 2001    | 2000  
|-------- | ------- | ------
|Series 1 | $ 3,898 | $  446
|Series 2 | 3,541   | 669   
|Series 3 | 5,626   | 700   
|Series 4 | 5,309   | 751   
|Series 5 | 3,350   | 633   
|Series 6 | 3,769   | 446   
|         |         |       
|         | $25,493 | $3,645
|         |         |       

NOTE C - RELATED PARTY TRANSACTIONS (continued)

An annual partnership management fee based on .375 percent of the
aggregate cost of all apartment complexes owned by the Operating Partnerships
has been accrued to Boston Capital Asset Management Limited Partnership.  The 
partnership management fee accrued for the quarters ended December 31, 2001 
and 2000 are as follows:



|         | 2001     | 2000    
|-------- | -------- | --------
|Series 1 | $ 45,216 | $ 45,216
|Series 2 | 16,836   | 16,836  
|Series 3 | 67,497   | 67,497  
|Series 4 | 62,721   | 62,721  
|Series 5 | 9,429    | 9,429   
|Series 6 | 36,069   | 36,069  
|         |          |         
|         | $237,768 | $237,768
|         |          |         

Accounts payable - affiliates at December 31, 2001 and 2000 represents
accrued general and administrative expenses, partnership management fees,
and advances from an affiliate of the general partner, which are payable to
Boston Capital Partners, Inc., and Boston Capital Asset Management Limited
Partnership.







Boston Capital Tax Credit Fund Limited Partnership

NOTES TO FINANCIAL STATEMENTS  (CONTINUED)
December 31, 2001

NOTE C - RELATED PARTY TRANSACTIONS  (continued)

As of December 31, 2001, an affiliate of the general partner advanced a
total of $689,129 to the Partnership to pay certain operating expenses of the 
Partnership, and to make advances and/or loans to Operating Partnerships.  
$7,500 of the total was advanced during the quarter ended December 31, 2001. 
Below is a summary, by series, of the advances made to date.



|         | 2001    
|-------- | --------
|Series 1 | $ 90,810
|Series 2 | 68,000  
|Series 3 | 193,279 
|Series 4 | 337,040 
|         |         
|         | $689,129

These advances are included in Accounts payable-affiliates.  These advances, 
and any additional advances, will be paid, without interest, from available 
cash flow or the proceeds of sales or refinancing of the Partnership's 
interests in Operating Partnerships.

NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS

At December 31, 2001 and 2000, the Partnership had limited partnership
interests in one hundred and three Operating Partnerships which own operating
apartment complexes as follows:  eighteen in Series 1; eight in Series 2;
thirty-three in Series 3; twenty-four in Series 4; five in Series 5; and
fifteen in Series 6.

Under the terms of the Partnership's investment in each Operating
Partnership, the Partnership was required to make capital contributions to
such Operating Partnerships.  These contributions were payable in installments
over several years upon each Operating Partnership achieving specified levels
of construction and/or operations.  At December 31, 2001 and 2000, all
capital contributions had been paid.

The Partnership's fiscal year ends March 31 of each year, while all the
Operating Partnerships' fiscal years are the calendar year. Pursuant to the
provisions of each Operating Partnership Agreement, financial results for each
of the Operating Partnerships are provided to the Partnership within 45 days
after the close of each Operating Partnership's quarterly period.
Accordingly, the current financial results available for the Operating
Partnerships are for the nine months ended September 30, 2001.

The combined unaudited summarized statements of operations of the
Operating Partnerships for the nine months ended September 30, 2001 and 2000
are as follows:





Boston Capital Tax Credit Fund Limited Partnership

NOTES TO FINANCIAL STATEMENTS
December 31, 2001
(Unaudited)

NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS (continued)

COMBINED SUMMARIZED STATEMENTS OF OPERATIONS
Nine Months ended September 30, 
(Unaudited)

Series1



|                                                                                  | 2001         | 2000        
|--------------------------------------------------------------------------------- | ------------ | ------------
|                                                                                  |              |             
|Revenues                                                                          |              |             
|Rental                                                                            | $  3,757,778 | $  4,139,052
|Interest and other                                                                | 167,620      | 159,909     
|                                                                                  |              |             
|                                                                                  | 3,925,398    | 4,298,961   
|                                                                                  |              |             
|Expenses                                                                          |              |             
|Interest                                                                          | 738,738      | 1,042,238   
|Depreciation and amortization                                                     | 1,486,346    | 1,552,419   
|Operating expenses                                                                | 3,282,646    | 3,550,414   
|                                                                                  | 5,507,730    | 6,145,071   
|                                                                                  |              |             
|NET LOSS                                                                          | $(1,582,332) | $(1,846,110)
|                                                                                  |              |             
|Net loss allocated to Boston  
   Capital Tax Credit Fund 
   Limited Partnership | $-           | $-          
|                                                                                  |              |             
|                                                                                  |              |             
|Net loss allocated to other 
   Partners                                          | $(15,823)    | $(18,461)   
|                                                                                  |              |             
|Net loss suspended                                                                | $(1,566,509) | $(1,827,649)















The Partnership accounts for its investments using the equity method of
accounting.  Under the equity method of accounting, the Partnership adjusts
its investment cost for its share of each Operating Partnerships results of
operations and for any distributions received or accrued.  However, the
Partnership recognizes individual operating losses only to the extent of
capital contributions.  Excess losses are suspended for use in future years to
offset excess income.











Boston Capital Tax Credit Fund Limited Partnership

NOTES TO FINANCIAL STATEMENTS
December 31, 2001
(Unaudited)

NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS (continued)

COMBINED SUMMARIZED STATEMENTS OF OPERATIONS
Nine months ended September 30,
(Unaudited)

Series2





|                                                                                  | 2001         | 2000        
|--------------------------------------------------------------------------------- | ------------ | ------------
|                                                                                  |              |             
|Revenues                                                                          |              |             
|Rental                                                                            | $  1,168,730 | $  1,076,769
|Interest and other                                                                | 54,345       | 53,077      
|                                                                                  |              |             
|                                                                                  | 1,223,075    | 1,129,846   
|                                                                                  |              |             
|Expenses                                                                          |              |             
|Interest                                                                          | 230,232      | 215,086     
|Depreciation and amortization                                                     | 299,127      | 299,188     
|Operating expenses                                                                | 872,767      | 852,224     
|                                                                                  | 1,402,126    | 1,366,498   
|                                                                                  |              |             
|NET LOSS                                                                          | $(179,051)   | $(236,652)  
|                                                                                  |              |             
|Net loss allocated to Boston  
   Capital Tax Credit Fund 
   Limited Partnership | $(63,718)    | $(119,079)  
|                                                                                  |              |             
|                                                                                  |              |             
|Net loss allocated to other 
   Partners                                          | $(1,791)     | $(2,367)    
|                                                                                  |              |             
|Net loss suspended                                                                | $(113,542)   | $(115,206)  















The Partnership accounts for its investments using the equity method of
accounting.  Under the equity method of accounting, the Partnership adjusts
its investment cost for its share of each Operating Partnerships results of
operations and for any distributions received or accrued.  However, the
Partnership recognizes individual operating losses only to the extent of
capital contributions.  Excess losses are suspended for use in future years to
offset excess income.











Boston Capital Tax Credit Fund Limited Partnership

NOTES TO FINANCIAL STATEMENTS
December 31, 2001
(Unaudited)

NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS (continued)

COMBINED SUMMARIZED STATEMENTS OF OPERATIONS
Nine months ended September 30,
(Unaudited)

Series3

|                                                                                  | 2001         | 2000        
|--------------------------------------------------------------------------------- | ------------ | ------------
|                                                                                  |              |             
|Revenues                                                                          |              |             
|Rental                                                                            | $  6,067,900 | $  5,644,995
|Interest and other                                                                | 222,590      | 327,835     
|                                                                                  |              |             
|                                                                                  | 6,290,490    | 5,972,830   
|                                                                                  |              |             
|Expenses                                                                          |              |             
|Interest                                                                          | 1,947,948    | 1,716,272   
|Depreciation and amortization                                                     | 1,890,726    | 1,976,087   
|Operating expenses                                                                | 4,357,744    | 3,937,397   
|                                                                                  | 8,196,418    | 7,629,756   
|                                                                                  |              |             
|NET LOSS                                                                          | $(1,905,928) | $(1,656,926)
|                                                                                  |              |             
|Net loss allocated to Boston  
   Capital Tax Credit Fund 
   Limited Partnership | $(141,322)   | $(342,959)  
|                                                                                  |              |             
|Net loss allocated to other 
   partners                                          | $(19,059)    | $(16,569)   
|                                                                                  |              |             
|Net loss suspended                                                                | $(1,745,547) | $(1,297,398)















The Partnership accounts for its investments using the equity method of
accounting.  Under the equity method of accounting, the Partnership adjusts
its investment cost for its share of each Operating Partnerships results of
operations and for any distributions received or accrued.  However, the
Partnership recognizes individual operating losses only to the extent of
capital contributions.  Excess losses are suspended for use in future years to
offset excess income.







Boston Capital Tax Credit Fund Limited Partnership

NOTES TO FINANCIAL STATEMENTS
December 31, 2001
(Unaudited)

NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS (continued)

COMBINED SUMMARIZED STATEMENTS OF OPERATIONS
Nine Months ended September 30,
(Unaudited)

Series4



|                                                                                  | 2001         | 2000        
|--------------------------------------------------------------------------------- | ------------ | ------------
|                                                                                  |              |             
|Revenues                                                                          |              |             
|Rental                                                                            | $  5,160,096 | $  5,090,770
|Interest and other                                                                | 199,546      | 206,332     
|                                                                                  |              |             
|                                                                                  | 5,359,642    | 5,297,102   
|                                                                                  |              |             
|Expenses                                                                          |              |             
|Interest                                                                          | 1,640,830    | 1,908,534   
|Depreciation and amortization                                                     | 1,492,081    | 1,686,902   
|Operating expenses                                                                | 3,410,424    | 3,354,897   
|                                                                                  | 6,543,335    | 6,950,333   
|                                                                                  |              |             
|NET LOSS                                                                          | $(1,183,693) | $(1,653,231)
|                                                                                  |              |             
|Net loss allocated to Boston  
   Capital Tax Credit Fund 
   Limited Partnership | $(506,767)   | $(702,559)  
|                                                                                  |              |             
|                                                                                  |              |             
|Net loss allocated to other 
   Partners                                          | $(11,837)    | $(16,532)   
|                                                                                  |              |             
|Net loss suspended                                                                | $(665,089)   | $(934,140)  















The Partnership accounts for its investments using the equity method of
accounting.  Under the equity method of accounting, the Partnership adjusts
its investment cost for its share of each Operating Partnerships results of
operations and for any distributions received or accrued.  However, the
Partnership recognizes individual operating losses only to the extent of
capital contributions.  Excess losses are suspended for use in future years to
offset excess income.











Boston Capital Tax Credit Fund Limited Partnership

NOTES TO FINANCIAL STATEMENTS
December 31, 2001
(Unaudited)

NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS (continued)

COMBINED SUMMARIZED STATEMENTS OF OPERATIONS
Nine Months ended September 30,
(Unaudited)

Series5

|                                                                             | 2001         | 2000        
|---------------------------------------------------------------------------- | ------------ | ------------
|                                                                             |              |             
|Revenues                                                                     |              |             
|Rental                                                                       | $    546,987 | $    518,975
|Interest and other                                                           | 62,867       | 51,788      
|                                                                             |              |             
|                                                                             | 609,854      | 570,763     
|                                                                             |              |             
|Expenses                                                                     |              |             
|Interest                                                                     | 125,533      | 102,159     
|Depreciation and amortization                                                | 169,152      | 171,531     
|Operating expenses                                                           | 403,599      | 397,453     
|                                                                             | 698,284      | 671,143     
|                                                                             |              |             
|NET LOSS                                                                     | $(88,430)    | $(100,380)  
|                                                                             |              |             
|Net loss allocated to Boston
Capital Tax Credit Fund 
   Limited Partnership | $(8,835)     | $(53,602)   
|                                                                             |              |             
|                                                                             |              |             
|Net loss allocated to other 
   Partners                                     | $(884)       | $(1,004)    
|                                                                             |              |             
|Net loss suspended                                                           | $(78,711)    | $(45,774)   















The Partnership accounts for its investments using the equity method of
accounting.  Under the equity method of accounting, the Partnership adjusts
its investment cost for its share of each Operating Partnerships results of
operations and for any distributions received or accrued.  However, the
Partnership recognizes individual operating losses only to the extent of
capital contributions.  Excess losses are suspended for use in future years to
offset excess income.









Boston Capital Tax Credit Fund Limited Partnership

NOTES TO FINANCIAL STATEMENTS
December 31, 2001
(Unaudited)

NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS (continued)

COMBINED SUMMARIZED STATEMENTS OF OPERATIONS
Nine Months ended September 30,
(Unaudited)



Series 6

|                                                                             | 2001         | 2000        
|---------------------------------------------------------------------------- | ------------ | ------------
|                                                                             |              |             
|Revenues                                                                     |              |             
|Rental                                                                       | $  3,397,253 | $  3,249,733
|Interest and other                                                           | 164,261      | 135,640     
|                                                                             |              |             
|                                                                             | 3,561,514    | 3,385,373   
|                                                                             |              |             
|Expenses                                                                     |              |             
|Interest                                                                     | 816,539      | 839,936     
|Depreciation and amortization                                                | 946,549      | 981,318     
|Operating expenses                                                           | 1,909,516    | 1,801,217   
|                                                                             | 3,672,604    | 3,622,471   
|                                                                             |              |             
|NET LOSS                                                                     | $(111,090)   | $(237,098)  
|                                                                             |              |             
|Net loss allocated to Boston
Capital Tax Credit Fund 
   Limited Partnership | $83,742      | $106,650    
|                                                                             |              |             
|                                                                             |              |             
|Net loss allocated to other 
   Partners                                     | $(1,111)     | $(2,371)    
|                                                                             |              |             
|Net loss suspended                                                           | $(193,721)   | $(341,377)  















The Partnership accounts for its investments using the equity method of
accounting.  Under the equity method of accounting, the Partnership adjusts
its investment cost for its share of each Operating Partnerships results of
operations and for any distributions received or accrued.  However, the
Partnership recognizes individual operating losses only to the extent of
capital contributions.  Excess losses are suspended for use in future years to
offset excess income.







Boston Capital Tax Credit Fund Limited Partnership



NOTES TO FINANCIAL STATEMENTS - CONTINUED

December 31, 2001
(Unaudited)

NOTE E - TAXABLE LOSS

The Partnership's taxable loss for the year ended December 31, 2001 is
expected to differ from its loss for financial reporting purposes for the 
year ended March 31, 2002.  This is primarily due to accounting differences in 
depreciation incurred by the Operating Partnerships and also differences 
between the equity method of accounting and the IRS accounting methods.  No 
provision or benefit for income taxes has been included in these financial 
statements since taxable income or loss passes through to, and is reportable 
by, the partners and assignees individually.

Item 2.  Management's Discussion and Analysis of Financial Condition and Results of Operations

Liquidity

The Partnership's primary source of funds was the proceeds of its
Public Offering.  Other sources of liquidity include (i) interest earned on
working capital reserves, and (ii) cash distributions from the Operating
Partnerships in which the Partnership has invested.  These sources of
liquidity are available to meet the obligations of the Partnership.

The Partnership is currently accruing the annual partnership management
fee.  Partnership management fees accrued during the quarter ended December 
31, 2001 were $237,768 and total partnership management fees accrued as of
December 31, 2001 were $9,064,558.  Pursuant to the Partnership Agreement,
such liabilities will be deferred until the Partnership receives sales or
refinancing proceeds from Operating Partnerships, which will be used to
satisfy such liabilities.

The Partnership has recorded $807,368 as other payables to affiliates.  This 
represents advances to pay certain third party operating expenses of the 
Partnership, advances and/or loans to Operating Partnerships, and 
accrued overhead allocations.  The breakout between series is: $105,580 in 
series 1, $93,266 in series 2, $230,560 in series 3, $365,384 in series 4, 
none in series 5, and $12,578 in series 6.  These and any future advances or 
accruals will be paid, without interest, from available cash flow, reporting 
fees, or proceeds of sales or refinancing of the Partnership's interest in 
Operating Partnerships.

Capital Resources

The Partnership offered BACs in a Public Offering declared effective by
the Securities and Exchange Commission on August 29, 1988.  The Partnership
received and accepted subscriptions for $97,746,940 representing 9,800,600
BACs from investors admitted as BAC Holders in Series 1 through Series 6 of
the Partnership.  Offers and sales of BACs in Series 1 through Series 6 of the
Partnership were completed and the last of the BACs in Series 6 were issued by
the Partnership on September 29, 1989.  At December 31, 2001 and 2000 the
Partnership had limited partnership equity interests in 103 Operating
Partnerships.

As of December 31, 2001 the Partnership had $176,689 in remaining cash and
cash equivalents.  Below is a table, which provides, by series, the equity 
raised, number of BACs sold, final date BACs were offered, number of 
properties invested in, and remaining proceeds.

|Series | Equity      | BACs      | Final Close Date | Number of
Properties | Proceeds
Remaining
|------ | ----------- | --------- | ---------------- | -------------------- | ------------------
|1      | $12,999,000 | 1,299,900 | 12/18/88         | 18                   | $  3,805          
|2      | 8,303,000   | 830,300   | 03/30/89         | 8                    | 7,015             
|3      | 28,822,000  | 2,882,200 | 03/14/89         | 33                   | 14,252            
|4      | 29,788,160  | 2,995,300 | 07/07/89         | 24                   | 21,713            
|5      | 4,899,000   | 489,900   | 08/22/89         | 5                    | 90,991            
|6      | 12,935,780  | 1,303,000 | 09/29/89         | 15                   | 38,913            
|       |             |           |                  |                      |                   
|       | $97,746,940 | 9,800,600 |                  | 103                  | $176,689          









Results of Operations



At December 31, 2001 and 2000 the Partnership held limited partnership
interests in 103 Operating Partnerships.  In each instance the Apartment
Complex owned by the applicable Operating Partnership is eligible for the 
Federal Housing Tax Credit.  Occupancy of a unit in each Apartment Complex
which initially complied with the Minimum Set-Aside Test (i.e., occupancy by
tenants with incomes equal to no more than a certain percentage of area median
income) and the Rent Restriction Test(i.e., gross rent charged tenants does
not exceed 30% of the applicable income standards) is referred to hereinafter
as "Qualified Occupancy."  Each of the Operating Partnerships and each of the
respective Apartment Complexes are described more fully in the Prospectus or
applicable report on Form 8-K.  The General Partner believes that there is
adequate casualty insurance on the properties.

The Partnership incurs an annual partnership management fee to the General
Partner and/or its affiliates in an amount equal to 0.375% of the aggregate
cost of the Apartment Complexes owned by the Operating Partnerships, less the
amount of certain partnership management and reporting fees paid by
the Operating Partnerships.  The annual partnership management fee is
currently being accrued.  It is anticipated that outstanding fees will be 
repaid from sale or refinancing proceeds.  The annual partnership management 
fee charged to operations for the quarters ended December 31, 2001 and 2000, 
net of reporting fees were $227,018 and $185,268, respectively.

The Partnership's investment objectives do not include receipt of
significant cash distributions from the Operating Partnerships in which it has
invested.  The Partnership's investments in Operating Partnerships have been
made principally with a view towards realization of Federal Housing Tax
Credits for allocation to its partners and BAC holders.  The Results of
Operations reported herein are interim period estimates that may not
necessarily be indicative of final year end results.

Series 1

As of December 31, 2001 and 2000, the average Qualified Occupancy for the 
series was 100%.  The series had a total of 18 properties at December 31, 
2001, all of which were at 100% Qualified Occupancy.

For the nine months being reported, the series reflects a net loss from
Operating Partnerships of $1,582,332.  When adjusted for depreciation, which
is a non-cash item, the Operating Partnerships reflect negative operations of 
$95,986.

Genesee Commons Associates (River Park Commons) and Kingston Property 
Associates (Broadway East Townhomes) have incurred operating deficits as a 
result of weak occupancy.  Both partnerships have a verbal forbearance 
agreement in place allowing the properties to pay minimal mortgage payments 
while the properties continue to accrue all interest payments due.  Both 
properties also received loans from the state housing agency, which were used 
to complete rehabilitation work.  The operations at Kingston Property 
Associates have improved with an occupancy level of 90% as of December 2001.  
The operations at Genesee Commons Associates remain weak with an occupancy 
level of 84% As of December 2001.  Both properties continue to work with local 
and state agencies to locate qualified residents.  Also, the properties are 
working with local non-profit agencies and churches to develop a referral 
system.  The properties have not made the minimum debt service payments, as 
outlined in the forbearance agreements since 1997.  While Genesee Commons 
Associates does not anticipate making a debt service payment for 2001, 
Kingston Property Associates does, although the amount is yet to be 
determined.  At this time, the mortgage holders for each of these two 
properties have not taken any adverse action.  The Operating General Partner 
met with the lenders for both properties.  The Operating General Partner 
reports that the meeting was successful, receiving verbal approval that the 
mortgage holders would not foreclose on the properties prior to the end of the 
compliance period.  The 15 year compliance period for Genesee Commons and 
Kingston Property Associates ends on December 31st, 2002 and December 31st, 
2003, respectively.  The Investment General Partner will continue to monitor 
the situation closely.

Series 2

As of December 31, 2001 and 2000, the average Qualified Occupancy for the 
series was 100%.  The series had a total of eight properties at December 31, 
2001 all of which were at 100% Qualified Occupancy.

For the nine months being reported the series reflects a net loss
from the Operating Partnerships of $179,051.  When adjusted for depreciation,
which is a non-cash item, the Operating Partnerships reflect positive 
operations of $120,076.

The properties owned by Haven Park Partners III, A California L.P. (Glenhaven 
Park III) and Haven Park Partners IV, A California L.P. (Glenhaven Park IV) 
continue to suffer from high operating expenses compared to operating income.  
Effective October 4th, 2000 San Mar Properties of Fresno, California assumed 
the role of management agent.  An affiliate of San Mar Properties, Central 
Valley Affordable Housing LLC, assumed the General Partner interest effective 
December 31, 2000, and is now responsible for funding all future operating 
deficits.  The Operating Partnerships are not operating at breakeven.  The 
Partnerships have filed for a welfare tax exemption, and are currently 
awaiting a decision by the state.  If granted, the tax exemption will have a 
positive effect on the cash flow.  Occupancy at each property has stabilized 
as a result of the efforts of the new management company.  As of December 31, 
2001 physical occupancy at both Haven Park III and Haven Park IV was 100%.

Annadale Housing Partners (Kingsview Manor & Estates) has historically 
reported net losses due to operational issues associated with the 
property.  Occupancy remains stable at 89% through the fourth quarter of 2001.  
Operations at the property continued to improve in 2001, partly due to a 14% 
increase in rental income over the prior year.  An affiliate of the management 
company assumed the General Partner responsibilities for the partnership, on 
January 1, 2001.  The property continues to breakeven, and is able to continue 
to fund capital improvements from operations.  The Investment Partner 
continues to monitor this situation.

Series 3.

As of December 31, 2001 and 2000, the average Qualified Occupancy for the
series was 99.0% and 99.1%, respectively.  The series had a total of 33 
properties at December 31, 2001 of which 30 were at 100% Qualified Occupancy.

For the nine months being reported series reflects a net loss from the
Operating Partnerships of $1,905,928.  When adjusted for depreciation, which
is a non-cash item, the Operating Partnerships reflect negative operations of 
$15,202.

The Investment General Partner continues to monitor the operations of Lincoln 
Hotel Associates (Lincoln Apartments) in an effort to improve the overall 
operations of Lincoln Apartments.  As of December 31, 2001 the physical 
occupancy of the property was 100% as compared to 97% at September 30, 2001.  
The stable occupancy, along with expense reductions, has resulted in improved 
operations during 2001.  The mortgage is current under the terms of the 
forbearance agreement.  The taxes, insurance and payables are current.

The area surrounding the property owned by California Investors VI LP (Orchard 
Park) continues to experience economic growth.  A high school has been built 
across the street from the front entrance of the community and opened during 
the third quarter.  The location of this school will continue to enhance 
marketing efforts.  Occupancy averaged 98% for the fourth quarter of 2001.  
During 2001 the property was able to operate at breakeven, while continuing to 
fund capital improvement projects.  This is in part due to a rent increase 
implemented in March 2001.  The increase was phased in as leases expired.  The 
full benefit of the increase will be evident in 2002.  In addition to the 
positive changes affecting this partnership, an affiliate of the management 
company assumed the General Partner responsibilities for the partnership on 
January 1, 2001, and is now responsible for funding all future operating 
deficits.

Operations continue to improve at Hidden Cove Apartments (Hidden Cove) as 
evidenced by stabilized occupancy and increased rental collections.  Occupancy 
for the fourth quarter of 2001 averaged 97%.  To date the property has been 
able to complete minor capital improvements and fund its replacement reserve 
account without financial assistance.  The property operated below breakeven 
for the year 2001 due to an unforeseen expense incurred to cure termite 
infestation.  Cash flow and reserves will continue to be utilized to make 
improvements necessary to maintain building safety.  The Operating General 
Partner has completed negotiations with the property's management company and 
has transferred the Operating General Partnership interest to that entity 
effective January 1, 2001.  The Operating General Partner has been negotiating 
to refinance the permanent mortgage.  The current lender is unwilling at this 
time to entertain any refinance proposal not involving a complete paydown of 
all outstanding debt, including all accrued interest.  It is not in the 
Partnerships best interest to structure a refinance as proposed.

Central Parkway Towers (Central Parkway Towers) average occupancy increased to 
75% for year ended December 31, 2001 as compared to 2000's average occupancy 
of 67%.  The Management Company continues to work with city and state, non-
profit agencies to expand tenant referrals and housing contracts.  The 
Operating General Partner's operating deficit guarantee obligation has 
expired, however, it is currently participating, with the Investment Limited 
Partner, in funding shortfalls.  The property's overall financial position is 
slowly improving, and third party accounts payable and accrued expenses are 
gradually being reduced.

The Investment Limited Partner continues to monitor the operations of Rainbow 
Housing Associates (Rainbow Apartments) in an effort to reduce the amount of 
aged payables and generate positive cash flow.  The majority of payables are 
due to the Management Company for past due fees and the General Partner for 
previous operating advances.  There are no outstanding Real Estate taxes and 
the mortgage loan is current.  To date, a number of capital improvements have 
been successfully completed.  The refinance of the mortgage loan, which took 
place in July 2001 has helped to improve the overall cash flow situation, 
however the property has not yet achieved break even.  Capital improvements 
that are required to be made by the property as a result of the HUD REAC 
Inspection have caused expenses to be much higher than normal and causing the 
property to operate below breakeven.  The Operating General Partner is working 
to reduce aged payables, improve the physical image of the property and 
generate cash flow.  Occupancy for the fourth quarter averaged 98.33%.  It is 
anticipated that the property will operate above break even by the end of the 
first quarter of 2002.







Series 4

As of December 31, 2001 and 2000, the average Qualified Occupancy for the
series was 100%.  The series had a total of 24 properties at December 31, 
2001, all of which were at 100% Qualified Occupancy.

For the nine months being reported the series reflects a net loss from
the Operating Partnerships of $1,183,693.  When adjusted for depreciation,
which is a non-cash item, the Operating Partnerships reflect positive 
operations of $308,388.

Central Parkway Towers (Central Parkway Towers) average occupancy increased to 
75% year ended December 31, 2001 as compared to 2000's average occupancy of 
67%.  The Management Company continues to work with city and state, non-profit 
agencies to expand tenant referrals and housing contracts.  The Operating 
General Partner's operating deficit guarantee obligation has expired; however, 
it is currently participating, with the Investment Limited Partner, in funding 
shortfalls.  The properties overall financial position is slowly improving, 
and third party accounts payable and accrued expenses are gradually being 
reduced.

The property owned by Haven Park Partners II, A California L.P. (Glenhaven 
Park II) continues to suffer from excessive operating expenses compared to 
operating income.  Effective October 4, 2000 San Mar Properties of Fresno, 
California assumed the role of management agent.  An affiliate of San Mar 
Properties, Central Valley Affordable Housing LLC, assumed the General Partner 
interest effective December 31, 2000, and is now responsible for funding all 
future operating deficits.  As a result of the efforts of the new management 
company, occupancy levels have improved.  The Partnership has filed for a 
welfare tax exemption, and is currently awaiting a decision by the state.  If 
granted, the tax exemption will have a positive effect on the cash flow.  
Physical occupancy at Haven Park II has stabilized at 100% through the fourth 
quarter of 2001.

The Operating Partnership Van Dyck Estates XVI A (Van Dyck Estates XVI A) has
improved operations while maintaining high occupancy.  Effective January 1, 
2001, the General Partner interest was transferred to the Central Valley 
Affordable Housing LLC, an affiliate of San Mar Properties, Inc.  San Mar 
continues in its capacity as managing agent.  Effective with the date of the 
transfer, San Mar will be responsible for funding all operating deficits.  
Occupancy is stable averaging 98% for the fourth quarter of 2001 and the 
property continues to operate at breakeven.  Due to the improvements in 
operations demonstrated in the year 2000 and 2001, plus the commitment from 
the new General Partner, we believe the Going Concern opinion will be removed 
in 2001.

Series 5

As of December 31, 2001 and 2000, the average Qualified Occupancy for the 
series was 100%.  The series had a total of five properties at December 31, 
2001, all of which were at 100% Qualified Occupancy.

For the nine months being reported the series reflects a net loss
from the Operating Partnerships of $88,430.  When adjusted for depreciation,
which is a non-cash item, the Operating Partnerships reflect positive 
operations of $80,722.

Annadale Housing Partners (Kingsview Manor & Estates) has historically 
reported net losses due to operational issues associated with the 
property.  Occupancy remains stable at 89% through the fourth quarter of 2001.  
Operations at the property continued to improve in 2001, partly due to a 14% 
increase in rental income over the prior year.  An affiliate of the management 
company assumed the General Partner responsibilities for the partnership, on 
January 1, 2001.  The property continues to breakeven, and is able to continue 
to fund capital improvements from operations.  The Investment Partner 
continues to monitor this situation.

The property owned by Glenhaven Park Partners, A California L.P. (Glenhaven 
Estates) continues to suffer from excessive operating expenses compared to 
operating income.  Effective October 4, 2000, San Mar Properties of Fresno, 
California assumed the role of management agent.  An affiliate of San Mar 
Properties, Central Valley Affordable Housing LLC, assumed the General Partner 
interest effective December 31, 2000, and is now responsible for funding all 
future operating deficits.  In February 2001 the property was no longer able 
to meet the mortgage obligations.  The Operating General Partner with the 
assistance from the Investment General Partner attempted to restructure the 
debt, however they were unsuccessful.  The Operating General Partner advanced 
funds to bring five of the mortgage notes current.  The Operating General 
Partner has agreed to keep these units tax credit compliant.  The mortgage 
holder with the seven remaining mortgage notes was unwilling to negotiate a 
restructure of those loans.  Therefore, in an attempt prevent foreclosure on 
the seven remaining notes, the partnership filed for Chapter 11 bankruptcy 
protection on October 2, 2001.  The US Trustee has approved the cash 
collateral, which permits the partnership to remit a reduced monthly mortgage 
payment.  The Reorganization Plan involves bringing current one of the seven 
delinquent loans in order to remain compliant with IRS Section 42 minimum 
requirements, thus avoiding disallowance and full recapture of the tax 
credits.  As negotiations with the lender to restructure the debt have thus 
far failed it is likely that the Partnership will face partial recapture of 
the tax credits associated with six delinquent mortgage notes.  The 
Partnership will face partial recapture of credit.

Series 6

As of December 31, 2001 and 2000, the average Qualified Occupancy for 
the series was 100%.  The series had a total of 15 properties at December 31, 
2001, all of which were at 100% Qualified Occupancy.

For the nine months being reported the series reflects a net loss from
the Operating Partnerships of $111,090.  When adjusted for depreciation, which
is a non-cash item, the Operating Partnerships reflect positive operations of
$835,459.  In the current quarter an adjustment was made to depreciation for a past quarter over-expense.

The increase in net income per BAC for the current three month period over the prior year is a result of an accounting correction made for the quarter ended December 31, 2001 for excess depreciation expense recorded for the six months ended June 30, 2001 by one of the Operating Partnerships.

PART II - OTHER INFORMATION

Item 1.  Legal Proceedings

None

Item 2.  Changes in Securities

None

Item 3.  Defaults upon Senior Securities

None

Item 4.  Submission of Matters to a Vote of Security Holders

None
Item 5.  Other Information

None

Item 6.  Exhibits and Reports on Form 8-K

(a)  Exhibits

(b)  Reports on Form 8-K

There were no reports on Form 8-K filed during the period
 covered by this report.













































SIGNATURES

Pursuant to the requirements of Section 13 of the Securities

Exchange Act of 1934, the Partnership has duly caused this Report to be

signed on its behalf by the undersigned, thereunto duly authorized.

|                  |                                                    |                                                               
|----------------- | -------------------------------------------------- | --------------------------------------------------------------
|                  | Boston Capital Tax Credit Fund Limited Partnership
|                  |                                                    |                                                               
|                  |                                                    |                                                               
|                  | By:                                                | Boston Capital Associates Limited
Partnership, General Partner
|                 
|                  |                                                    |                                                               
|                  | By:                                                | BCA Associates Limited Partnership,
General Partner           
|                 
|                  |                                                    |                                                               
|                  | By:                                                | C&M Management, Inc.,
General Partner                         
|                 
|Date:             |                                                    |                                                               
|                  |                                                    |                                                               
|February 20, 2002 | By:/s/ John P. Manning                            
|                  | John P. Manning                                   
|                  |                                                    |                                                               
|                  |                                                    |                                                               
|                 







Pursuant to the requirements of the Securities Exchange Act of

1934, this report has been signed below by the following persons on

behalf of the Partnership and in the capacities and on the dates

indicated:



|DATE:             | SIGNATURE:                         | TITLE:                                                                                                                                       
|----------------- | ---------------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------
|                  |                                    |                                                                                                                                              
|February 20, 2002 | /s/ John P. ManningJohn P. Manning | Director, President
(Principal Executive
Officer), C&M Management
Inc.; Director, President
(Principal Executive
Officer) BCTC Assignor Corp.