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 September 30, 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 SEPTEMBER 30, 2001



TABLE OF CONTENTS

FOR THE QUARTER ENDED SEPTEMBER 30, 2001















Statements_of_Operations11

Three Months Ended SEPTEMBER 30,

Statements_of_Operations_Series_1*











SIX Months Ended SEPTEMBER 30,	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 SEPTEMBER 30,	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







|                                                                                                                                                                                           | September 30,
2001
(Unaudited) | March 31,
2001
(Audited)
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------ | ------------------------
|ASSETS                                                                                                                                                                                     |                                |                         
|INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)                                                                                                                                             | $  8,642,644                   | $  9,128,027            
|                                                                                                                                                                                           |                                |                         
|OTHER ASSETS                                                                                                                                                                               |                                |                         
|Cash and cash equivalents                                                                                                                                                                  | 156,074                        | 194,875                 
|Other assets                                                                                                                                                                               | 1,120,470                      | 1,105,471               
|                                                                                                                                                                                           |                                |                         
|                                                                                                                                                                                           | $9,919,188                     | $10,428,373             
|                                                                                                                                                                                           |                                |                         
|LIABILITIES                                                                                                                                                                                |                                |                         
|                                                                                                                                                                                           |                                |                         
|Accounts payable                                                                                                                                                                           | $          -                   | $          -            
|Accounts payable affiliates (note C)                                                                                                                                                       | 9,602,382                      | 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 | 1,163,548                      | 2,173,864               
|General Partner                                                                                                                                                                            | (846,742)                      | (836,538)               
|                                                                                                                                                                                           | 316,806                        | 1,337,326               
|                                                                                                                                                                                           | $9,919,188                     | $10,428,373             





















The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership

BALANCE SHEETSSeries 1





|                                                                                                                                                                                           | September 30,
2001
(Unaudited) | March 31,
2001
(Audited)
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------ | ------------------------
|ASSETS                                                                                                                                                                                     |                                |                         
|INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)                                                                                                                                             | $          -                   | $          -            
|                                                                                                                                                                                           |                                |                         
|OTHER ASSETS                                                                                                                                                                               |                                |                         
|Cash and cash equivalents                                                                                                                                                                  | 3,469                          | 6,094                   
|Other assets                                                                                                                                                                               | 68,113                         | 68,113                  
|                                                                                                                                                                                           |                                |                         
|                                                                                                                                                                                           | $71,582                        | $74,207                 
|                                                                                                                                                                                           |                                |                         
|LIABILITIES                                                                                                                                                                                |                                |                         
|                                                                                                                                                                                           |                                |                         
|Accounts payable                                                                                                                                                                           | $          -                   | $          -            
|Accounts payable affiliates (note C)                                                                                                                                                       | 1,985,319                      | 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 | (1,781,376)                    | (1,682,827)             
|General Partner                                                                                                                                                                            | (132,361)                      | (131,366)               
|                                                                                                                                                                                           | (1,913,737)                    | (1,814,193)             
|                                                                                                                                                                                           | $71,582                        | $74,207                 

















The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership

BALANCE SHEETSSeries 2





|                                                                                                                                                                                         | September 30,
2001
(Unaudited) | March 31,
2001
(Audited)
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------ | ------------------------
|ASSETS                                                                                                                                                                                   |                                |                         
|INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)                                                                                                                                           | $    296,823                   | $    325,798            
|                                                                                                                                                                                         |                                |                         
|OTHER ASSETS                                                                                                                                                                             |                                |                         
|Cash and cash equivalents                                                                                                                                                                | 4,064                          | 5,977                   
|Other assets                                                                                                                                                                             | 569,584                        | 569,584                 
|                                                                                                                                                                                         |                                |                         
|                                                                                                                                                                                         | $870,471                       | $901,359                
|                                                                                                                                                                                         |                                |                         
|LIABILITIES                                                                                                                                                                              |                                |                         
|                                                                                                                                                                                         |                                |                         
|Accounts payable                                                                                                                                                                         | $          -                   | $          -            
|Accounts payable affiliates (note C)                                                                                                                                                     | 680,960                        | 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 | 256,958                        | 324,206                 
|General Partner                                                                                                                                                                          | (67,447)                       | (66,768)                
|                                                                                                                                                                                         | 189,511                        | 257,438                 
|                                                                                                                                                                                         | $870,471                       | $901,359                























The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership

BALANCE SHEETSSeries 3





|                                                                                                                                                                                           | September 30,
2001
(Unaudited) | March 31,
2001
(Audited)
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------ | ------------------------
|ASSETS                                                                                                                                                                                     |                                |                         
|INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)                                                                                                                                             | $    116,533                   | $    206,629            
|                                                                                                                                                                                           |                                |                         
|OTHER ASSETS                                                                                                                                                                               |                                |                         
|Cash and cash equivalents                                                                                                                                                                  | 2,179                          | 5,293                   
|Other assets                                                                                                                                                                               | 82,540                         | 70,240                  
|                                                                                                                                                                                           |                                |                         
|                                                                                                                                                                                           | $201,252                       | $282,162                
|                                                                                                                                                                                           |                                |                         
|LIABILITIES                                                                                                                                                                                |                                |                         
|                                                                                                                                                                                           |                                |                         
|Accounts payable                                                                                                                                                                           | $          -                   | $          -            
|Accounts payable affiliates (note C)                                                                                                                                                       | 2,670,337                      | 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 | (2,192,481)                    | (1,957,431)             
|General Partner                                                                                                                                                                            | (276,604)                      | (274,230)               
|                                                                                                                                                                                           | (2,469,085)                    | (2,231,661)             
|                                                                                                                                                                                           | $201,252                       | $282,162                























The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership

BALANCE SHEETSSeries 4





|                                                                                                                                                                                           | September 30,
2001
(Unaudited) | March 31,
2001
(Audited)
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------ | ------------------------
|ASSETS                                                                                                                                                                                     |                                |                         
|INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)                                                                                                                                             | $  4,253,863                   | $  4,593,447            
|                                                                                                                                                                                           |                                |                         
|OTHER ASSETS                                                                                                                                                                               |                                |                         
|Cash and cash equivalents                                                                                                                                                                  | 11,143                         | 27,998                  
|Other assets                                                                                                                                                                               | 250,334                        | 247,635                 
|                                                                                                                                                                                           |                                |                         
|                                                                                                                                                                                           | $4,515,340                     | $4,869,080              
|                                                                                                                                                                                           |                                |                         
|LIABILITIES                                                                                                                                                                                |                                |                         
|                                                                                                                                                                                           |                                |                         
|Accounts payable                                                                                                                                                                           | $          -                   | $          -            
|Accounts payable affiliates (note C)                                                                                                                                                       | 2,511,482                      | 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 | 2,243,924                      | 2,722,248               
|General Partner                                                                                                                                                                            | (240,066)                      | (235,234)               
|                                                                                                                                                                                           | 2,003,858                      | 2,487,014               
|                                                                                                                                                                                           | $4,515,340                     | $4,869,080              























The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership

BALANCE SHEETSSeries 5





|                                                                                                                                                                                         | September 30,
2001
(Unaudited) | March 31,
2001
(Audited)
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------ | ------------------------
|ASSETS                                                                                                                                                                                   |                                |                         
|INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)                                                                                                                                           | $    400,684                   | $    405,558            
|                                                                                                                                                                                         |                                |                         
|OTHER ASSETS                                                                                                                                                                             |                                |                         
|Cash and cash equivalents                                                                                                                                                                | 94,178                         | 96,768                  
|Other assets                                                                                                                                                                             | 149,899                        | 149,899                 
|                                                                                                                                                                                         |                                |                         
|                                                                                                                                                                                         | $644,761                       | $652,225                
|                                                                                                                                                                                         |                                |                         
|LIABILITIES                                                                                                                                                                              |                                |                         
|                                                                                                                                                                                         |                                |                         
|Accounts payable                                                                                                                                                                         | $          -                   | $          -            
|Accounts payable affiliates (note C)                                                                                                                                                     | 242,766                        | 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 | 439,726                        | 465,785                 
|General Partner                                                                                                                                                                          | (37,731)                       | (37,468)                
|                                                                                                                                                                                         | 401,995                        | 428,317                 
|                                                                                                                                                                                         | $644,761                       | $652,225                























The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership

BALANCE SHEETSSeries 6





|                                                                                                                                                                                           | September 30,
2001
(Unaudited) | March 31,
2001
(Audited)
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------ | ------------------------
|ASSETS                                                                                                                                                                                     |                                |                         
|INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)                                                                                                                                             | $  3,574,741                   | $  3,596,595            
|                                                                                                                                                                                           |                                |                         
|OTHER ASSETS                                                                                                                                                                               |                                |                         
|Cash and cash equivalents                                                                                                                                                                  | 41,041                         | 52,745                  
|Other assets                                                                                                                                                                               | -                              | -                       
|                                                                                                                                                                                           |                                |                         
|                                                                                                                                                                                           | $3,615,782                     | $3,649,340              
|                                                                                                                                                                                           |                                |                         
|LIABILITIES                                                                                                                                                                                |                                |                         
|                                                                                                                                                                                           |                                |                         
|Accounts payable                                                                                                                                                                           | $          -                   | $          -            
|Accounts payable affiliates (note C)                                                                                                                                                       | 1,511,518                      | 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 | 2,196,797                      | 2,301,883               
|General Partner                                                                                                                                                                            | (92,533)                       | (91,472)                
|                                                                                                                                                                                           | 2,104,264                      | 2,210,411               
|                                                                                                                                                                                           | $3,615,782                     | $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 September 30,
(Unaudited)





|                                                     | 2001          | 2000         
|---------------------------------------------------- | ------------- | -------------
|                                                     |               |              
|Income                                               |               |              
|Interest income                                      | $         795 | $         783
|Miscellaneous income                                 | 20            | -            
|                                                     | 815           | 783          
|                                                     |               |              
|Share of loss from Operating 
  Partnerships(Note D) | (241,431)     | (376,461)    
|                                                     |               |              
|Expenses                                             |               |              
|Professional fees                                    | 48,271        | 47,000       
|Partnership management fees (Note C)                 | 235,028       | 237,768      
|General and administrative fees                      | 10,697        | 12,792       
|                                                     | 293,996       | 297,560      
|                                                     |               |              
|NET LOSS                                             | $(534,612)    | $(673,238)   
|                                                     |               |              
|Net loss allocated to assignees                      | $(529,266)    | $(666,505)   
|                                                     |               |              
|Net loss allocated to general partner                | $(5,346)      | $(6,733)     
|                                                     |               |              
|Net loss per BAC                                     | $(.28)        | $(.34)       
|                                                     |               |              





The accompanying notes are an integral part of this statement





Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series1



|                                                     | 2001         | 2000        
|---------------------------------------------------- | ------------ | ------------
|                                                     |              |             
|Income                                               |              |             
|Interest income                                      | $         26 | $         50
|Miscellaneous income                                 | 20           | -           
|                                                     | 46           | 50          
|                                                     |              |             
|Share of loss from Operating 
  Partnerships(Note D) | -            | -           
|                                                     |              |             
|Expenses                                             |              |             
|Professional fees                                    | 8,175        | 8,000       
|Partnership management fees (Note C)                 | 44,476       | 45,216      
|General and administrative fees                      | 1,350        | 1,670       
|                                                     | 54,001       | 54,886      
|                                                     |              |             
|NET LOSS                                             | $(53,955)    | $(54,836)   
|                                                     |              |             
|Net loss allocated to assignees                      | $(53,415)    | $(54,288)   
|                                                     |              |             
|Net loss allocated to general partner                | $(540)       | $(548)      
|                                                     |              |             
|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 September 30,
(Unaudited)

Series2



|                                                    | 2001        | 2000       
|--------------------------------------------------- | ----------- | -----------
|                                                    |             |            
|Income                                              |             |            
|Interest income                                     | $        33 | $        24
|Miscellaneous income                                | -           | -          
|                                                    | 33          | 24         
|                                                    |             |            
|Share of loss from Operating 
 Partnerships(Note D) | (16,159)    | (38,659)   
|                                                    |             |            
|Expenses                                            |             |            
|Professional fees                                   | 6,416       | 6,500      
|Partnership management fees                         | 16,836      | 16,836     
|General and administrative fees                     | 1,232       | 1,562      
|                                                    | 24,484      | 24,898     
|                                                    |             |            
|NET LOSS                                            | $(40,610)   | $(63,533)  
|                                                    |             |            
|Net loss allocated to assignees                     | $(40,204)   | $(62,898)  
|                                                    |             |            
|Net loss allocated to general partner               | $(406)      | $(635)     
|                                                    |             |            
|Net loss per BAC                                    | $(.05)      | $(.07)     
|                                                    |             |            





The accompanying notes are an integral part of this statement





Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)Series3



|                                                     | 2001         | 2000        
|---------------------------------------------------- | ------------ | ------------
|                                                     |              |             
|Income                                               |              |             
|Interest income                                      | $         26 | $         39
|Miscellaneous income                                 | -            | -           
|                                                     | 26           | 39          
|                                                     |              |             
|Share of loss from Operating 
  Partnerships(Note D) | (44,027)     | (133,016)   
|                                                     |              |             
|Expenses                                             |              |             
|Professional fees                                    | 9,277        | 9,000       
|Partnership management fees (Note C)                 | 66,497       | 67,497      
|General and administrative expenses                  | 3,040        | 3,596       
|                                                     | 78,814       | 80,093      
|                                                     |              |             
|NET LOSS                                             | $(122,815)   | $(213,070)  
|                                                     |              |             
|Net loss allocated to assignees                      | $(121,587)   | $(210,939)  
|                                                     |              |             
|Net loss allocated to general partner                | $(1,228)     | $(2,131)    
|                                                     |              |             
|Net loss per BAC                                     | $(.04)       | $(.07)      
|                                                     |              |             





The accompanying notes are an integral part of this statement





Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Three Months Ended September 30,    
(Unaudited)Series4



|                                                     | 2001         | 2000        
|---------------------------------------------------- | ------------ | ------------
|                                                     |              |             
|Income                                               |              |             
|Interest income                                      | $        103 | $         23
|Miscellaneous income                                 | -            | -           
|                                                     | 103          | 23          
|                                                     |              |             
|Share of loss from Operating 
  Partnerships(Note D) | (176,495)    | (235,520)   
|                                                     |              |             
|Expenses                                             |              |             
|Professional feess                                   | 10,438       | 10,000      
|Partnership management fees (Note C)                 | 62,721       | 62,721      
|General and administrative fees                      | 2,829        | 3,350       
|                                                     | 75,988       | 76,071      
|                                                     |              |             
|NET LOSS                                             | $(252,380)   | $(311,568)  
|                                                     |              |             
|Net loss allocated to assignees                      | $(249,856)   | $(308,452)  
|                                                     |              |             
|Net loss allocated to general partner                | $(2,524)     | $(3,116)    
|                                                     |              |             
|Net loss per BAC                                     | $(.08)       | $(.10)      
|                                                     |              |             





The accompanying notes are an integral part of this statement





Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Three Months Ended September 30, 
(Unaudited)Series5



|                                                              | 2001         | 2000        
|------------------------------------------------------------- | ------------ | ------------
|                                                              |              |             
|Income                                                        |              |             
|Interest income                                               | $        402 | $        502
|Miscellaneous income                                          | -            | -           
|                                                              | 402          | 502         
|                                                              |              |             
|Share of income (loss) from Operating 
  Partnerships(Note D) | 4,528        | (9,640)     
|                                                              |              |             
|Expenses                                                      |              |             
|Professional fees                                             | 5,372        | 5,500       
|Partnership management fees (Note C)                          | 9,429        | 9,429       
|General and administrative fees                               | 1,053        | 1,186       
|                                                              | 15,854       | 16,115      
|                                                              |              |             
|NET LOSS                                                      | $(10,924)    | $(25,253)   
|                                                              |              |             
|Net loss allocated to assignees                               | $(10,815)    | $(25,000)   
|                                                              |              |             
|Net loss allocated to general partner                         | $(109)       | $(253)      
|                                                              |              |             
|Net loss per BAC                                              | $(.02)       | $(.05)      
|                                                              |              |             



The accompanying notes are an integral part of this statement





Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)Series 6



|                                                              | 2001         | 2000        
|------------------------------------------------------------- | ------------ | ------------
|                                                              |              |             
|Income                                                        |              |             
|Interest income                                               | $        205 | $        145
|Miscellaneous income                                          | -            | -           
|                                                              | 205          | 145         
|                                                              |              |             
|Share of income (loss) from Operating 
  Partnerships(Note D) | (9,278)      | 40,374      
|                                                              |              |             
|Expenses                                                      |              |             
|Professional fees                                             | 8,593        | 8,000       
|Partnership management fees (Note C)                          | 35,069       | 36,069      
|General and administrative expenses                           | 1,193        | 1,428       
|                                                              | 44,855       | 45,497      
|                                                              |              |             
|NET LOSS                                                      | $(53,928)    | $(4,978)    
|                                                              |              |             
|Net loss allocated to assignees                               | $(53,389)    | $(4,928)    
|                                                              |              |             
|Net loss allocated to general partner                         | $(539)       | $(50)       
|                                                              |              |             
|Net loss per BAC                                              | $(.04)       | $-          
|                                                              |              |             





The accompanying notes are an integral part of this statement





Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS

Six Months Ended September 30,
(Unaudited)





|                                                     | 2001          | 2000        
|---------------------------------------------------- | ------------- | ------------
|                                                     |               |             
|Income                                               |               |             
|Interest income                                      | $       1,775 | $      1,614
|Miscellaneous income                                 | 523           | 20          
|                                                     | 2,298         | 1,634       
|                                                     |               |             
|Share of loss from Operating 
  Partnerships(Note D) | (485,369)     | (712,107)   
|                                                     |               |             
|Expenses                                             |               |             
|Professional fees                                    | 66,610        | 70,130      
|Partnership management fees (Note C)                 | 449,541       | 444,405     
|General and administrative fees                      | 21,298        | 34,707      
|                                                     | 537,449       | 549,242     
|                                                     |               |             
|NET LOSS                                             | $(1,020,520)  | $(1,259,715)
|                                                     |               |             
|Net loss allocated to assignees                      | $(1,010,316)  | $(1,247,117)
|                                                     |               |             
|Net loss allocated to general partner                | $(10,204)     | $(12,598)   
|                                                     |               |             
|Net loss per BAC                                     | $(.53)        | $(.68)      
|                                                     |               |             





The accompanying notes are an integral part of this statement





Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 1



|                                                     | 2001         | 2000        
|---------------------------------------------------- | ------------ | ------------
|                                                     |              |             
|Income                                               |              |             
|Interest income                                      | $         55 | $        107
|Miscellaneous income                                 | 20           | 20          
|                                                     | 75           | 127         
|                                                     |              |             
|Share of loss from Operating 
  Partnerships(Note D) | -            | -           
|                                                     |              |             
|Expenses                                             |              |             
|Professional fees                                    | 11,520       | 12,490      
|Partnership management fees (Note C)                 | 85,294       | 85,759      
|General and administrative fees                      | 2,805        | 4,657       
|                                                     | 99,619       | 102,906     
|                                                     |              |             
|NET LOSS                                             | $(99,544)    | $(102,779)  
|                                                     |              |             
|Net loss allocated to assignees                      | $(98,549)    | $(101,751)  
|                                                     |              |             
|Net loss allocated to general partner                | $(995)       | $(1,028)    
|                                                     |              |             
|Net loss per BAC                                     | $(.08)       | $(.08)      
|                                                     |              |             





The accompanying notes are an integral part of this statement







Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 2



|                                                    | 2001        | 2000       
|--------------------------------------------------- | ----------- | -----------
|                                                    |             |            
|Income                                              |             |            
|Interest income                                     | $        64 | $        47
|Miscellaneous income                                | 2           | -          
|                                                    | 66          | 47         
|                                                    |             |            
|Share of loss from Operating 
 Partnerships(Note D) | (28,976)    | (81,469)   
|                                                    |             |            
|Expenses                                            |             |            
|Professional fees                                   | 8,273       | 9,005      
|Partnership management fees                         | 28,277      | 28,774     
|General and administrative fees                     | 2,467       | 4,283      
|                                                    | 39,017      | 42,062     
|                                                    |             |            
|NET LOSS                                            | $(67,927)   | $(123,484) 
|                                                    |             |            
|Net loss allocated to assignees                     | $(67,248)   | $(122,249) 
|                                                    |             |            
|Net loss allocated to general partner               | $(679)      | $(1,235)   
|                                                    |             |            
|Net loss per BAC                                    | $(.08)      | $(.14)     
|                                                    |             |            





The accompanying notes are an integral part of this statement





Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)Series 3



|                                                     | 2001         | 2000        
|---------------------------------------------------- | ------------ | ------------
|                                                     |              |             
|Income                                               |              |             
|Interest income                                      | $         56 | $         87
|Miscellaneous income                                 | 500          | -           
|                                                     | 556          | 87          
|                                                     |              |             
|Share of loss from Operating 
  Partnerships(Note D) | (90,077)     | (244,986)   
|                                                     |              |             
|Expenses                                             |              |             
|Professional fees                                    | 14,227       | 15,630      
|Partnership management fees (Note C)                 | 127,644      | 122,994     
|General and administrative expenses                  | 6,032        | 9,886       
|                                                     | 147,903      | 148,510     
|                                                     |              |             
|NET LOSS                                             | $(237,424)   | $(393,409)  
|                                                     |              |             
|Net loss allocated to assignees                      | $(235,050)   | $(389,475)  
|                                                     |              |             
|Net loss allocated to general partner                | $(2,374)     | $(3,934)    
|                                                     |              |             
|Net loss per BAC                                     | $(.08)       | $(.14)      
|                                                     |              |             





The accompanying notes are an integral part of this statement





Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)Series 4



|                                                     | 2001         | 2000        
|---------------------------------------------------- | ------------ | ------------
|                                                     |              |             
|Income                                               |              |             
|Interest income                                      | $        243 | $         49
|Miscellaneous income                                 | -            | -           
|                                                     | 243          | 49          
|                                                     |              |             
|Share of loss from Operating 
  Partnerships(Note D) | (339,585)    | (434,080)   
|                                                     |              |             
|Expenses                                             |              |             
|Professional feess                                   | 14,398       | 15,310      
|Partnership management fees (Note C)                 | 123,815      | 125,442     
|General and administrative fees                      | 5,601        | 9,224       
|                                                     | 143,814      | 149,976     
|                                                     |              |             
|NET LOSS                                             | $(483,156)   | $(584,007)  
|                                                     |              |             
|Net loss allocated to assignees                      | $(478,324)   | $(578,167)  
|                                                     |              |             
|Net loss allocated to general partner                | $(4,832)     | $(5,840)    
|                                                     |              |             
|Net loss per BAC                                     | $(.16)       | $(.19)      
|                                                     |              |             





The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Six Months Ended September 30, 
(Unaudited)Series 5



|                                                     | 2001         | 2000        
|---------------------------------------------------- | ------------ | ------------
|                                                     |              |             
|Income                                               |              |             
|Interest income                                      | $        890 | $      1,052
|Miscellaneous income                                 | 1            | -           
|                                                     | 891          | 1,052       
|                                                     |              |             
|Share of loss from Operating 
  Partnerships(Note D) | (4,877)      | (38,327)    
|                                                     |              |             
|Expenses                                             |              |             
|Professional fees                                    | 6,872        | 6,030       
|Partnership management fees (Note C)                 | 13,373       | 18,798      
|General and administrative fees                      | 2,091        | 2,667       
|                                                     | 22,336       | 27,495      
|                                                     |              |             
|NET LOSS                                             | $(26,322)    | $(64,770)   
|                                                     |              |             
|Net loss allocated to assignees                      | $(26,059)    | $(64,122)   
|                                                     |              |             
|Net loss allocated to general partner                | $(263)       | $(648)      
|                                                     |              |             
|Net loss per BAC                                     | $(.05)       | $(.13)      
|                                                     |              |             



The accompanying notes are an integral part of this statement





Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)Series 6



|                                                              | 2001         | 2000        
|------------------------------------------------------------- | ------------ | ------------
|                                                              |              |             
|Income                                                        |              |             
|Interest income                                               | $        467 | $        272
|Miscellaneous income                                          | -            | -           
|                                                              | 467          | 272         
|                                                              |              |             
|Share of income (loss) from Operating 
  Partnerships(Note D) | (21,854)     | 86,755      
|                                                              |              |             
|Expenses                                                      |              |             
|Professional fees                                             | 11,320       | 11,665      
|Partnership management fees (Note C)                          | 71,138       | 62,638      
|General and administrative expenses                           | 2,302        | 3,990       
|                                                              | 84,760       | 78,293      
|                                                              |              |             
|NET LOSS                                                      | $(106,147)   | $8,734      
|                                                              |              |             
|Net loss allocated to assignees                               | $(105,086)   | $8,647      
|                                                              |              |             
|Net loss allocated to general partner                         | $(1,061)     | $87         
|                                                              |              |             
|Net loss per BAC                                              | $(.08)       | $-          
|                                                              |              |             





The accompanying notes are an integral part of this statement



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

Six Months Ended September 30, 2001
(Unaudited)



|                                                    | Assignees    | GeneralPartner | Total       
|--------------------------------------------------- | ------------ | -------------- | ------------
|                                                    |              |                |             
|Partners' capital 
 (deficit)
  April 1, 2001       | $  2,173,864 | $  (836,538)   | $  1,337,326
|                                                    |              |                |             
|                                                    |              |                |             
|Net loss                                            | (1,010,316)  | (10,204)       | (1,020,520) 
|                                                    |              |                |             
|Partners' capital 
 (deficit),
  September 30, 2001 | $1,163,548   | $(846,742)     | $316,806    
|                                                    |              |                |             

The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF CHANGES IN PARTNERS' CAPITAL
Six Months Ended September 30, 2001
(Unaudited)



|                                                   | Assignees    | GeneralPartner | Total       
|-------------------------------------------------- | ------------ | -------------- | ------------
|Series1                                            |              |                |             
|Partners' capital 
 (deficit)
  April 1, 2001      | $(1,682,827) | $  (131,366)   | $(1,814,193)
|                                                   |              |                |             
|                                                   |              |                |             
|Net loss                                           | (98,549)     | (995)          | (99,544)    
|                                                   |              |                |             
|Partners' capital 
 (deficit)
  September 30, 2001 | $(1,781,376) | $(132,361)     | $(1,913,737)
|                                                   |              |                |             
|                                                   |              |                |             
|Series2                                            |              |                |             
|Partners' capital 
 (deficit)
  April 1, 2001      | $    324,206 | $   (66,768)   | $    257,438
|                                                   |              |                |             
|                                                   |              |                |             
|Net income (loss)                                  | (67,248)     | (679)          | (67,927)    
|                                                   |              |                |             
|Partners' capital 
 (deficit)
  September 30, 2001 | $256,958     | $(67,447)      | $189,511    
|                                                   |              |                |             



The accompanying notes are an integral part of these statements.









Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF CHANGES IN PARTNERS' CAPITAL
Six Months Ended September 30, 2001
(Unaudited)



|                                                    | Assignees    | GeneralPartner | Total       
|--------------------------------------------------- | ------------ | -------------- | ------------
|Series3                                             |              |                |             
|Partners' capital 
 (deficit)
  April 1, 2001       | $(1,957,431) | $  (274,230)   | $(2,231,661)
|                                                    |              |                |             
|                                                    |              |                |             
|Net income (loss)                                   | (235,050)    | (2,374)        | (237,424)   
|                                                    |              |                |             
|Partners' capital 
 (deficit)
  September 30, 2001  | $(2,192,481) | $(276,604)     | $(2,469,085)
|                                                    |              |                |             
|                                                    |              |                |             
|Series4                                             |              |                |             
|Partners' capital 
 (deficit)
  April 1, 2001       | $  2,722,248 | $  (235,234)   | $  2,487,014
|                                                    |              |                |             
|                                                    |              |                |             
|Net loss                                            | (478,324)    | (4,832)        | (483,156)   
|                                                    |              |                |             
|Partners' capital 
 (deficit),
  September 30, 2001 | $2,243,924   | $(240,066)     | $2,003,858  
|                                                    |              |                |             







The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF CHANGES IN PARTNERS' CAPITAL
Six Months Ended September 30, 2001
(Unaudited)



|                                                    | Assignees    | GeneralPartner | Total       
|--------------------------------------------------- | ------------ | -------------- | ------------
|Series5                                             |              |                |             
|Partners' capital 
 (deficit)
  April 1, 2001       | $    465,785 | $   (37,468)   | $    428,317
|                                                    |              |                |             
|                                                    |              |                |             
|Net loss                                            | (26,059)     | (263)          | (26,322)    
|                                                    |              |                |             
|Partners' capital 
 (deficit),
  September 30, 2001 | $439,726     | $(37,731)      | $401,995    
|                                                    |              |                |             
|Series 6                                            |              |                |             
|Partners' capital 
 (deficit)
  April 1, 2001       | $  2,301,883 | $   (91,472)   | $  2,210,411
|                                                    |              |                |             
|                                                    |              |                |             
|Net loss                                            | (105,086)    | (1,061)        | (106,147)   
|                                                    |              |                |             
|Partners' capital 
 (deficit),
  September 30, 2001 | $2,196,797   | $(92,533)      | $2,104,264  



The accompanying notes are an integral part of this statement











Boston Capital Tax Credit Fund Limited PartnershipSTATEMENTS OF CASH FLOWS
Six Months Ended September 30,
(Unaudited)



|                                                             | 2001         | 2000        
|------------------------------------------------------------ | ------------ | ------------
|Cash Flows from operating activities:                        |              |             
|                                                             |              |             
|Net Loss                                                     | $(1,020,520) | $(1,259,715)
|Adjustments                                                  |              |             
|Distributions from Operating
        Partnerships            | 14           | 12,404      
|Amortization                                                 | -            | -           
|Share of Loss from Operating
        Partnerships            | 485,369      | 712,107     
|Changes in assets and liabilities                            |              |             
|Increase (Decrease) in accounts
        payable              | 511,335      | 537,827     
|Decrease (Increase) in other
        assets                  | (14,999)     | (14,999)    
|                                                             |              |             
|Net cash (used in) provided by 
        operating activities | (38,801)     | (12,376)    
|                                                             |              |             
|                                                             |              |             
|INCREASE (DECREASE) IN CASH AND CASH 
     EQUIVALENTS       | (38,801)     | (12,376)    
|                                                             |              |             
|Cash and cash equivalents, beginning                         | 194,875      | 149,652     
|                                                             |              |             
|Cash and cash equivalents, ending                            | $156,074     | $137,276    





The accompanying notes are an integral part of this statement







Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF CASH FLOWS
Six Months Ended September 30,
(Unaudited)Series1



|                                                             | 2001         | 2000        
|------------------------------------------------------------ | ------------ | ------------
|Cash Flows from operating activities:                        |              |             
|                                                             |              |             
|Net Loss                                                     | $   (99,544) | $  (102,779)
|Adjustments                                                  |              |             
|Distributions from Operating
        Partnerships            | -            | -           
|Amortization                                                 | -            | -           
|Share of Loss from Operating
        Partnerships            | -            | -           
|Changes in assets and liabilities                            |              |             
|Increase (Decrease) in accounts
        payable              | 96,919       | 96,745      
|Decrease (Increase) in other
        assets                  | -            | -           
|                                                             |              |             
|Net cash (used in) provided by 
        operating activities | (2,625)      | (6,034)     
|                                                             |              |             
|                                                             |              |             
|INCREASE (DECREASE) IN CASH AND CASH 
     EQUIVALENTS       | (2,625)      | (6,034)     
|                                                             |              |             
|Cash and cash equivalents, beginning                         | 6,094        | 11,172      
|                                                             |              |             
|Cash and cash equivalents, ending                            | $3,469       | $5,138      







The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF CASH FLOWS
Six Months Ended September 30,
(Unaudited)Series 2



|                                                             | 2001         | 2000        
|------------------------------------------------------------ | ------------ | ------------
|Cash Flows from operating activities:                        |              |             
|                                                             |              |             
|Net Loss                                                     | $   (67,927) | $  (123,484)
|Adjustments                                                  |              |             
|Distributions from Operating
        Partnerships            | (1)          | (1)         
|Amortization                                                 | -            | -           
|Share of Loss from Operating
        Partnerships            | 28,976       | 81,469      
|Changes in assets and liabilities                            |              |             
|Increase (Decrease) in accounts
        payable              | 37,039       | 42,466      
|Decrease (Increase) in other
        assets                  | -            | -           
|                                                             |              |             
|Net cash (used in) provided by 
        operating activities | (1,913)      | 450         
|                                                             |              |             
|                                                             |              |             
|INCREASE (DECREASE) IN CASH AND CASH 
     EQUIVALENTS       | (1,913)      | 450         
|                                                             |              |             
|Cash and cash equivalents, beginning                         | 5,977        | 4,403       
|                                                             |              |             
|Cash and cash equivalents, ending                            | $4,064       | $4,853      





The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF CASH FLOWS
Six Months Ended September 30,
(Unaudited)Series 3



|                                                             | 2001         | 2000        
|------------------------------------------------------------ | ------------ | ------------
|Cash Flows from operating activities:                        |              |             
|                                                             |              |             
|Net Loss                                                     | $  (237,424) | $  (393,409)
|Adjustments                                                  |              |             
|Distributions from Operating
        Partnerships            | 19           | -           
|Amortization                                                 | -            | -           
|Share of Loss from Operating
        Partnerships            | 90,077       | 244,986     
|Changes in assets and liabilities                            |              |             
|Increase (Decrease) in accounts
        payable              | 156,514      | 155,675     
|Decrease (Increase) in other
        assets                  | (12,300)     | (12,300)    
|                                                             |              |             
|Net cash (used in) provided by 
        operating activities | (3,114)      | (5,048)     
|                                                             |              |             
|                                                             |              |             
|INCREASE (DECREASE) IN CASH AND CASH 
     EQUIVALENTS       | (3,114)      | (5,048)     
|                                                             |              |             
|Cash and cash equivalents, beginning                         | 5,293        | 7,782       
|                                                             |              |             
|Cash and cash equivalents, ending                            | $2,179       | $2,734      





The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF CASH FLOWS
Six Months Ended September 30,
(Unaudited)Series 4



|                                                             | 2001         | 2000        
|------------------------------------------------------------ | ------------ | ------------
|Cash Flows from operating activities:                        |              |             
|                                                             |              |             
|Net Loss                                                     | $  (483,156) | $  (584,007)
|Adjustments                                                  |              |             
|Distributions from Operating
        Partnerships            | (1)          | 2           
|Amortization                                                 | -            | -           
|Share of Loss from Operating
        Partnerships            | 339,585      | 434,080     
|Changes in assets and liabilities                            |              |             
|Increase (Decrease) in accounts
        payable              | 129,416      | 150,712     
|Decrease (Increase) in other
        assets                  | (2,699)      | (2,699)     
|                                                             |              |             
|Net cash (used in) provided by 
        operating activities | (16,855)     | (1,912)     
|                                                             |              |             
|                                                             |              |             
|INCREASE (DECREASE) IN CASH AND CASH 
     EQUIVALENTS       | (16,855)     | (1,912)     
|                                                             |              |             
|Cash and cash equivalents, beginning                         | 27,998       | 5,558       
|                                                             |              |             
|Cash and cash equivalents, ending                            | $11,143      | $3,646      



The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF CASH FLOWS
Six Months Ended September 30,
(Unaudited)Series 5



|                                                             | 2001         | 2000        
|------------------------------------------------------------ | ------------ | ------------
|Cash Flows from operating activities:                        |              |             
|                                                             |              |             
|Net Loss                                                     | $   (26,322) | $   (64,770)
|Adjustments                                                  |              |             
|Distributions from Operating
        Partnerships            | (3)          | -           
|Amortization                                                 | -            | -           
|Share of Loss from Operating
        Partnerships            | 4,877        | 38,327      
|Changes in assets and liabilities                            |              |             
|Increase (Decrease) in accounts
        payable              | 18,858       | 18,858      
|Decrease (Increase) in other
        assets                  | -            | -           
|                                                             |              |             
|Net cash (used in) provided by 
        operating activities | (2,590)      | (7,585)     
|                                                             |              |             
|                                                             |              |             
|INCREASE (DECREASE) IN CASH AND CASH 
     EQUIVALENTS       | (2,590)      | (7,585)     
|                                                             |              |             
|Cash and cash equivalents, beginning                         | 96,768       | 105,507     
|                                                             |              |             
|Cash and cash equivalents, ending                            | $94,178      | $97,922     



The accompanying notes are an integral part of this statement



Boston Capital Tax Credit Fund Limited Partnership
STATEMENTS OF CASH FLOWS
Six Months Ended September 30,
(Unaudited)Series 6



|                                                             | 2001         | 2000       
|------------------------------------------------------------ | ------------ | -----------
|Cash Flows from operating activities:                        |              |            
|                                                             |              |            
|Net Loss                                                     | $  (106,147) | $     8,734
|Adjustments                                                  |              |            
|Distributions from Operating
        Partnerships            | -            | 12,403     
|Amortization                                                 | -            | -          
|Share of Loss from Operating
        Partnerships            | 21,854       | (86,755)   
|Changes in assets and liabilities                            |              |            
|Increase (Decrease) in accounts
        payable              | 72,589       | 73,371     
|Decrease (Increase) in other
        assets                  | -            | -          
|                                                             |              |            
|Net cash (used in) provided by 
        operating activities | (11,704)     | 7,753      
|                                                             |              |            
|                                                             |              |            
|INCREASE (DECREASE) IN CASH AND CASH 
     EQUIVALENTS       | (11,704)     | 7,753      
|                                                             |              |            
|Cash and cash equivalents, beginning                         | 52,745       | 15,230     
|                                                             |              |            
|Cash and cash equivalents, ending                            | $41,041      | $22,983    





The accompanying notes are an integral part of this statement









Boston Capital Tax Credit Fund Limited Partnership

NOTES TO FINANCIAL STATEMENTS
September 30, 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
September 30, 2001
(Unaudited)

NOTE B - ACCOUNTING AND FINANCIAL REPORTING POLICIES
The condensed financial statements included herein as of September 30,
2001 and for the three and six 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 September 30, 2001 and 2000 as follows:



|         | 2001   | 2000  
|-------- | ------ | ------
|Series 1 | $  339 | $  812
|Series 2 | 500    | 953   
|Series 3 | 824    | 1,649 
|Series 4 | 828    | 1,608 
|Series 5 | 624    | 855   
|Series 6 | 374    | 732   
|         |        |       
|         | $3,489 | $6,609
|         |        |       

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 September 30, 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 September 30, 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)
September 30, 2001

NOTE C - RELATED PARTY TRANSACTIONS  (continued)

As of September 30, 2001, an affiliate of the general partner advanced a
total of $681,629 to the Partnership to pay certain operating expenses of the 
Partnership, and to make advances and/or loans to Operating Partnerships.  
$16,500 of the total was advanced during the quarter ended September 30, 2001. 
Below is a summary, by series, of the advances made to date.



|         | 2001    
|-------- | --------
|Series 1 | $ 90,810
|Series 2 | 68,000  
|Series 3 | 187,129 
|Series 4 | 335,690 
|         |         
|         | $681,629

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 September 30, 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 September 30, 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 six months ended June 30, 2001.

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





Boston Capital Tax Credit Fund Limited Partnership

NOTES TO FINANCIAL STATEMENTS
September 30, 2001
(Unaudited)

NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS (continued)

COMBINED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months ended June 30, 
(Unaudited)

Series1



|                                                                                  | 2001         | 2000        
|--------------------------------------------------------------------------------- | ------------ | ------------
|                                                                                  |              |             
|Revenues                                                                          |              |             
|Rental                                                                            | $  2,410,915 | $  2,744,979
|Interest and other                                                                | 120,051      | 107,328     
|                                                                                  |              |             
|                                                                                  | 2,530,966    | 2,852,307   
|                                                                                  |              |             
|Expenses                                                                          |              |             
|Interest                                                                          | 479,868      | 708,195     
|Depreciation and amortization                                                     | 1,027,609    | 1,061,887   
|Operating expenses                                                                | 2,023,623    | 2,389,023   
|                                                                                  | 3,531,100    | 4,159,105   
|                                                                                  |              |             
|NET LOSS                                                                          | $(1,000,134) | $(1,306,798)
|                                                                                  |              |             
|Net loss allocated to Boston  
   Capital Tax Credit Fund 
   Limited Partnership | $-           | $-          
|                                                                                  |              |             
|                                                                                  |              |             
|Net loss allocated to other 
   Partners                                          | $(10,001)    | $(13,068)   
|                                                                                  |              |             
|Net loss suspended                                                                | $(990,133)   | $(1,293,730)















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
September 30, 2001
(Unaudited)

NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS (continued)

COMBINED SUMMARIZED STATEMENTS OF OPERATIONS
Six months ended June 30,
(Unaudited)

Series2





|                                                                                  | 2001         | 2000        
|--------------------------------------------------------------------------------- | ------------ | ------------
|                                                                                  |              |             
|Revenues                                                                          |              |             
|Rental                                                                            | $    781,479 | $    715,504
|Interest and other                                                                | 38,792       | 34,111      
|                                                                                  |              |             
|                                                                                  | 820,271      | 749,615     
|                                                                                  |              |             
|Expenses                                                                          |              |             
|Interest                                                                          | 144,463      | 143,177     
|Depreciation and amortization                                                     | 213,484      | 199,458     
|Operating expenses                                                                | 583,720      | 571,577     
|                                                                                  | 941,667      | 914,212     
|                                                                                  |              |             
|NET LOSS                                                                          | $(121,396)   | $(164,597)  
|                                                                                  |              |             
|Net loss allocated to Boston  
   Capital Tax Credit Fund 
   Limited Partnership | $(28,976)    | $(81,469)   
|                                                                                  |              |             
|                                                                                  |              |             
|Net loss allocated to other 
   Partners                                          | $(1,214)     | $(1,646)    
|                                                                                  |              |             
|Net loss suspended                                                                | $(91,206)    | $(81,482)   















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
September 30, 2001
(Unaudited)

NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS (continued)

COMBINED SUMMARIZED STATEMENTS OF OPERATIONS
Six months ended June 30,
(Unaudited)

Series3

|                                                                                  | 2001         | 2000        
|--------------------------------------------------------------------------------- | ------------ | ------------
|                                                                                  |              |             
|Revenues                                                                          |              |             
|Rental                                                                            | $  4,033,142 | $  3,697,937
|Interest and other                                                                | 158,642      | 223,086     
|                                                                                  |              |             
|                                                                                  | 4,191,784    | 3,921,023   
|                                                                                  |              |             
|Expenses                                                                          |              |             
|Interest                                                                          | 1,249,187    | 1,124,799   
|Depreciation and amortization                                                     | 1,250,832    | 1,308,675   
|Operating expenses                                                                | 2,939,507    | 2,589,223   
|                                                                                  | 5,439,526    | 5,022,697   
|                                                                                  |              |             
|NET LOSS                                                                          | $(1,247,742) | $(1,101,674)
|                                                                                  |              |             
|Net loss allocated to Boston  
   Capital Tax Credit Fund 
   Limited Partnership | $(90,077)    | $(244,986)  
|                                                                                  |              |             
|Net loss allocated to other 
   partners                                          | $(12,477)    | $(11,017)   
|                                                                                  |              |             
|Net loss suspended                                                                | $(1,145,188) | $(845,671)  















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
September 30, 2001
(Unaudited)

NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS (continued)

COMBINED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months ended June 30,
(Unaudited)

Series4



|                                                                                  | 2001         | 2000        
|--------------------------------------------------------------------------------- | ------------ | ------------
|                                                                                  |              |             
|Revenues                                                                          |              |             
|Rental                                                                            | $  3,295,314 | $  3,394,914
|Interest and other                                                                | 135,552      | 132,822     
|                                                                                  |              |             
|                                                                                  | 3,430,866    | 3,527,736   
|                                                                                  |              |             
|Expenses                                                                          |              |             
|Interest                                                                          | 1,065,210    | 1,272,565   
|Depreciation and amortization                                                     | 952,009      | 1,132,835   
|Operating expenses                                                                | 2,206,640    | 2,216,253   
|                                                                                  | 4,223,859    | 4,621,653   
|                                                                                  |              |             
|NET LOSS                                                                          | $(792,993)   | $(1,093,917)
|                                                                                  |              |             
|Net loss allocated to Boston  
   Capital Tax Credit Fund 
   Limited Partnership | $(339,585)   | $(434,080)  
|                                                                                  |              |             
|                                                                                  |              |             
|Net loss allocated to other 
   Partners                                          | $(7,930)     | $(10,939)   
|                                                                                  |              |             
|Net loss suspended                                                                | $(445,478)   | $(648,898)  















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
September 30, 2001
(Unaudited)
NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS (continued)
COMBINED SUMMARIZED STATEMENTS OF OPERATIONS
Six months ended June 30,
(Unaudited)

Series5

|                                                                             | 2001         | 2000        
|---------------------------------------------------------------------------- | ------------ | ------------
|                                                                             |              |             
|Revenues                                                                     |              |             
|Rental                                                                       | $    366,219 | $    345,130
|Interest and other                                                           | 40,849       | 36,780      
|                                                                             |              |             
|                                                                             | 407,068      | 381,910     
|                                                                             |              |             
|Expenses                                                                     |              |             
|Interest                                                                     | 83,301       | 62,015      
|Depreciation and amortization                                                | 116,292      | 114,354     
|Operating expenses                                                           | 273,606      | 280,992     
|                                                                             | 473,199      | 457,361     
|                                                                             |              |             
|NET LOSS                                                                     | $(66,131)    | $(75,451)   
|                                                                             |              |             
|Net loss allocated to Boston
Capital Tax Credit Fund 
   Limited Partnership | $(4,877)     | $(38,327)   
|                                                                             |              |             
|                                                                             |              |             
|Net loss allocated to other 
   Partners                                     | $(661)       | $(755)      
|                                                                             |              |             
|Net loss suspended                                                           | $(60,593)    | $(36,369)   















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
September 30, 2001
(Unaudited)
NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS (continued)
COMBINED SUMMARIZED STATEMENTS OF OPERATIONS
Six months ended June 30,
(Unaudited)

Series 6

|                                                                             | 2001         | 2000        
|---------------------------------------------------------------------------- | ------------ | ------------
|                                                                             |              |             
|Revenues                                                                     |              |             
|Rental                                                                       | $  2,256,705 | $  2,168,190
|Interest and other                                                           | 107,543      | 95,315      
|                                                                             |              |             
|                                                                             | 2,364,248    | 2,263,505   
|                                                                             |              |             
|Expenses                                                                     |              |             
|Interest                                                                     | 554,376      | 564,491     
|Depreciation and amortization                                                | 650,814      | 679,769     
|Operating expenses                                                           | 1,318,943    | 1,193,446   
|                                                                             | 2,524,133    | 2,437,706   
|                                                                             |              |             
|NET LOSS                                                                     | $(159,885)   | $(174,201)  
|                                                                             |              |             
|Net loss allocated to Boston
Capital Tax Credit Fund 
   Limited Partnership | $(21,854)    | $86,755     
|                                                                             |              |             
|                                                                             |              |             
|Net loss allocated to other 
   Partners                                     | $(1,599)     | $(1,742)    
|                                                                             |              |             
|Net loss suspended                                                           | $(136,432)   | $(259,214)  















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

September 30, 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 September 
30, 2001 were $237,768 and total partnership management fees accrued as of
September 30, 2001 were $8,826,790.  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 $775,590 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: $101,353 in 
series 1, $89,494 in series 2, $218,040 in series 3, $358,061 in series 4, 
none in series 5, and $8,642 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 September 30, 2001 and 2000 the
Partnership had limited partnership equity interests in 103 Operating
Partnerships.

As of September 30, 2001 the Partnership had $156,074 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                   | $  3,469          
|2      | 8,303,000   | 830,300   | 03/30/89         | 8                    | 4,064             
|3      | 28,822,000  | 2,882,200 | 03/14/89         | 33                   | 2,179             
|4      | 29,788,160  | 2,995,300 | 07/07/89         | 24                   | 11,143            
|5      | 4,899,000   | 489,900   | 08/22/89         | 5                    | 94,178            
|6      | 12,935,780  | 1,303,000 | 09/29/89         | 15                   | 41,041            
|       |             |           |                  |                      |                   
|       | $97,746,940 | 9,800,600 |                  | 103                  | $156,074          









Results of Operations



At September 30, 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 September 30, 2001 and 2000, 
net of reporting fees were $235,028 and $237,768, 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 September 30, 2001 and 2000, the average Qualified Occupancy for the 
series was 100%.  The series had a total of 18 properties at September 30, 
2001, all of which were at 100% Qualified Occupancy.

For the six months being reported, the series reflects a net loss from
Operating Partnerships of $1,000,134.  When adjusted for depreciation, which
is a non-cash item, the Operating Partnerships reflect positive operations of 
$27,475.

Genesee Commons Associates (River Park Commons) and Kingston Property 
Associates (Broadway East Townhomes).  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.  Operations at both Genesse Commons 
Associates and Kingston Property Associates remain weak.  The current 
occupancy levels are 89% at Genesse and 83% at Kingston.  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, for 1999 and 
2000.  At this time, the mortgagee has not taken any adverse actions.  In 
addition, Genesee's Operating General Partner and Management Company are 
working with the city of Rochester, HUD and various state and local agencies 
to develop a plan which would involve transferring the 200 Townhouse units to 
a new owner and restructuring the debt on the remaining 200 unit high rise 
building.  The Investment General Partner will continue to monitor the 
situation.

Series 2

As of September 30, 2001 and 2000, the average Qualified Occupancy for the 
series was 100%.  The series had a total of eight properties at September 30, 
2001 all of which were at 100% Qualified Occupancy.

For the six months being reported the series reflects a net loss
from the Operating Partnerships of $121,396.  When adjusted for depreciation,
which is a non-cash item, the Operating Partnerships reflect positive 
operations of $92,088.

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.  It is anticipated that the localized management and ownership 
presence will allow the properties to operate in a more cost effective 
manner.  The Partnerships have filed for a welfare tax exemption, and are 
currently awaiting a decision by the state.  This, if granted will have a 
positive effect on the cash flow.  Occupancy at Haven Park III has stabilized 
as a result of the efforts of the new management company.  As of September 30, 
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 90% through the third quarter of 2001.  
During 1999 the mortgage was restructured to reduce operating costs.  As a 
result of the mortgage restructure and improved occupancy the property 
maintained break-even operations during 2000.  Operations at the property 
continue 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, in part due to a 14% increase in reatal 
income over the prior year.  The Investment Partner continues to monitor this 
situation.

Series 3.

As of September 30, 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 September 30, 2001 of which 30 were at 100% Qualified Occupancy.

For the six months being reported series reflects a net loss from the
Operating Partnerships of $1,247,742.  When adjusted for depreciation, which
is a non-cash item, the Operating Partnerships reflect positive operations of 
$3,090.

The Investment General Partner continues to monitor the operations of Lincoln 
Hotel Associates (Lincoln Apartments) in an effort to improve the overall 
operations of the series.  As of September 30, 2001 the physical occupancy of 
the property was 97%.  The management company, with the assistance of area 
housing agencies and a more thorough screening process, has stabilized the 
occupancy.  The stable occupancy, along with expense reductions, has resulted 
in improved operations.  For the year ended December 31, 2000 the property had 
audited net operating income from operations of $108,039, and net loss of 
($167,834).  For the nine months ended September 30, 2001, the property had 
unaudited net operating income of $7,757 and generated cash flow of 
approximately $18,583.  The mortgage, 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 third quarter of 2001.  In 
2001 the property has been able to operate at breakeven, while continuing to 
fund capital improvement projects.  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 third quarter of 2001 averaged 98%.  To date the property has been 
able to complete minor capital improvements and fund its replacement reserve 
account without financial assistance.  The property operated above breakeven 
for the year 2000 and continued to do so through the third quarter of 2001. 
Cash flow and reserves will 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.  It is anticipated that the addition of a local Operating General 
Partner will enhance the property's ability to refinance its permanent 
mortgage.  Operations continue to improve.

Central Parkway Towers (Central Parkway Towers) average occupancy increased to 
73% for the nine months ended September 30, 2001 as compared to 2000's average 
occupancy of 67%.  The Management Company continues to work with city, state, 
federal and non-profit agencies to expand tenant referrals and housing 
contracts. The Operating General Partner negotiated a restructure of the lease 
payments to the greater of monthly cash flow or $3,000/month, with the balance 
deferred.  The reduced lease payment agreement expired December of 2000.  
Currently, the lease payment has returned to the original level of $5,000 per 
month.  Negotiations to restructure the terms of the lease payments to $3,000 
a month have ceased with no agreement being reached.  In addition, the 
Operating General Partner's operating deficit 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 accounts payable and accrued expenses are gradually being reduced.

The Operating General Partner of Rainbow Housing Associates (Rainbow 
Apartments) has notified the Investment General Partner that the State Housing 
Credit Agency has filed Form 8823 with the Internal Revenue Service indicating 
certain instances of non-compliance with IRS Section 42 code and regulations. 
Accordingly, the Operating General Partner, its counsel and counsel to the 
Investment Limited Partner have reviewed Form 8823.  Subsequently, Form 8611 
was filed with the Internal Revenue Service to recapture $106,090 in credits, 
which were previously claimed.  Additionally, the permanent mortgage was 
refinanced in July 2001 with the approval of the Investment Limited Partner.  
The refinance of the permanent mortgage loan reduced the interest rate which 
allowed the property to cash flow.  Necessary rehab work was completed with a 
portion of the proceeds from the refinance.  Part of the proceeds were also 
used to pay down a significant portion of the aged payables that the property 
had incurred over the years.  Occupancy for the third quarter of 2001 averaged 
91%.  According to the Operating General Partner, the property is anticipated 
to operate above breakeven at year-end.  Going forward the property's 
operations should stabilize above breakeven.

Series 4

As of September 30, 2001 and 2000, the average Qualified Occupancy for the
series was 100%.  The series had a total of 24 properties at September 30, 
2001, all of which were at 100% Qualified Occupancy.

For the six months being reported the series reflects a net loss from
the Operating Partnerships of $792,993.  When adjusted for depreciation,
which is a non-cash item, the Operating Partnerships reflect positive 
operations of $159,016.

Central Parkway Towers (Central Parkway Towers) average occupancy increased to 
73% for the nine months ended September 30, 2001 as compared to 2000's average 
occupancy of 67%.  The Management Company continues to work with city, state, 
federal and non-profit agencies to expand tenant referrals and housing 
contracts. The Operating General Partner negotiated a restructure of the lease 
payments to the greater of monthly cash flow or $3,000/month, with the balance 
deferred.  The reduced lease payment agreement expired December of 2000.  
Currently, the lease payment has returned to the original level of %5,000 per 
month.  Negotiations to restructure the terms of the lease payments to $3,000 
a month have ceased with no new agreement being reached.  In addition, the 
Operating General Partner's operating deficit 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 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.  It is anticipated that a localized 
management presence will allow the properties to operate in a more cost 
effective manner.  As a result of the efforts of the new management company, 
occupancy levels are improving.  The Partnership has filed for a wlfare tax 
exemption, and is currently awaiting a decision by the state.  If granted, 
this will have a positive effect on the cash flow.  Physical occupancy at 
Haven Park II has stabilized at 98.52% through the third 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 94% for the third quarter of 2001 and the 
property continues to operate at breakeven.  Due to the improvements in 
operations demonstrated in the year 2000, and the commitment from the new 
General Partner, we believe the Going Concern opinion will be removed in 2001.

Series 5

As of September 30, 2001 and 2000, the average Qualified Occupancy for the 
series was 100%.  The series had a total of five properties at September 30, 
2001, all of which were at 100% Qualified Occupancy.

For the six months being reported the series reflects a net loss
from the Operating Partnerships of $66,131.  When adjusted for depreciation,
which is a non-cash item, the Operating Partnerships reflect a positive 
operations of $50,161.

Annadale Housing Partners (Kingsview Manor & Estates) has historically 
reported net losses due to operational issues associated with the 
property.  Occupancy remains stable at 90% through the third quarter of 2001.  
During 1999 the mortgage was restructured to reduce operating costs.  As a 
result of the mortgage restructure and improved occupancy the property 
maintained break-even operations during 2000.  Operations at the property 
continue 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, in part due to a 14% increase in rental 
income over the prior year.  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.  Occupancy decreased in the third quarter of 2001 
averaging 81% for the quarter.  The property is no longer able to meet the 
mortgage obligation and the last mortgage payment was made in February 2001.  
The Operating General Partner with assistance from the Investment General 
Partner worked with the mortgage holders to restructure the debt.  The 
Operating General Partner was able to negotiate the purchase of five of the 
mortgage notes from one of the mortgage holders.  However, the mortgage holder 
with the seven remaining mortgage notes was unwilling to negotiate a 
restructure of those loans.  Therefore, in an attempt to stay a relief from 
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 to the lender until January 15, 2002.  The Operating General 
Partner has until the January date to submit a Reorganization Plan.

Series 6

As of September 30, 2001 and 2000, the average Qualified Occupancy for 
the series was 100%.  The series had a total of 15 properties at September 30, 
2001, all of which were at 100% Qualified Occupancy.

For the six months being reported the series reflects a net loss from
the Operating Partnerships of $159,885.  When adjusted for depreciation, which
is a non-cash item, the Operating Partnerships reflect positive operations of
$490,929.

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:             |                                                    |                                                               
|                  |                                                    |                                                               
|November 20, 2001 | 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:                                                                                                                                       
|----------------- | ---------------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------
|                  |                                    |                                                                                                                                              
|November 20, 2001 | /s/ John P. ManningJohn P. Manning | Director, President
(Principal Executive
Officer), C&M Management
Inc.; Director, President
(Principal Executive
Officer) BCTC Assignor Corp.