FORM 10-Q
                          SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON, D.C.  20549

                      Quarterly Report Under Section 13 or 15(d)
                        of the Securities Exchange Act of 1934

                  For the Quarterly Period Ended September 30, 1995

                           Commission File Number  0-16815

                          NHP RETIREMENT HOUSING PARTNERS I
                                 LIMITED PARTNERSHIP
                           (A Delaware Limited Partnership)
                (Exact name of registrant as specified in its charter)


                       DELAWARE                     52-1453513    
               (State or other jurisdiction                 ( I . R . S .
          Employer 
               of incorporation or organization)       Identification No.)


                           14160 DALLAS PARKWAY, SUITE 300
                                  DALLAS, TX  75240
                       (Address of principal executive offices)
                                      (Zip Code)


                                    (214) 770-5600
                 (Registrant's telephone number, including area code)

                                    NOT APPLICABLE
           (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  preceding 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        
<PAGE>




          PART I - FINANCIAL INFORMATION

          ITEM 1 - FINANCIAL STATEMENTS
<TABLE>
<CAPTION>
                         NHP RETIREMENT HOUSING PARTNERS I LIMITED PARTNERSHIP
                                         A Limited Partnership
                                   Statements of Financial Position



                                                            September 30,   December 31,
                                                                1995            1994     

                                                ASSETS

            <S>                                            <C>             <C>
            Cash and cash equivalents                      $  3,620,556    $  3,593,147
            Interest receivable                                   2,530           1,242
            Other receivables                                   830,720         850,991
            Pension notes issuance costs                      1,583,124       1,774,218
            Organization and offering costs                     327,322         364,654
            Prepaid expenses                                    171,158         273,393
            Rental property:

              Land                                            6,318,028       6,318,028
              Building, net of accumulated depreciation
                 of $11,765,597 and $10,612,319              45,118,876      45,755,329
            Other assets                                         39,709          36,956

                                                           $ 58,012,023    $ 58,967,958

                                   LIABILITIES AND PARTNERS' CAPITAL

            Liabilities:
              Accounts payable                             $    689,758   $     502,854
              Interest payable                               17,240,356      15,367,450

              Pension notes                                  42,672,000      42,672,000
              Purchase installments                             552,000         552,000
              Other liabilities                                 735,285         922,454

                                                             61,889,399      60,016,758
             
            Partners' equity (deficit):
              General Partner                                (1,299,112)     (1,197,854) 
              Assignor Limited Partner-NHP RHP-I
                 Assignor Corporation-42,691 investment
                 units outstanding                           (2,578,264)        149,054

                                                             (3,877,376)     (1,048,800)


                                                         $   58,012,023   $  58,967,958





                               See notes to financial statements
                                         -1-
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
                         NHP RETIREMENT HOUSING PARTNERS I LIMITED PARTNERSHIP
                                         A Limited Partnership
                                        Statement of Operations
                             For the Three Months Ended September 30, 1995

                                                                                           
                    
                                                                       Three months               
                                                                                          
                                                                 ended September 30,     

                                                                1995            1994   

            REVENUE:
              <S>                                        <C>               <C>
              Rental income                              $  3,446,450      $  3,267,637
              Interest income                                  20,738            19,695
              Other income                                     39,803            43,150

                                                            3,506,991         3,330,482

            COSTS AND EXPENSES:
                Salaries, related benefits and
                  overhead reimbursements                     991,071          954,055 
                Management fees, dietary fees
                   and other services                         350,389          325,585 

                Administrative and marketing                    150,529        142,188 
                Utilities                                       218,838        210,779 
                Maintenance                                     120,997        124,534 
                Resident services, other than salaries           69,754         63,398 
                Food services, other than salaries              376,336        365,178 
                Depreciation                                    384,427        351,767 
                Taxes and insurance                             275,416        268,525 

                                                              2,937,757      2,806,009 

            INCOME FROM RENTAL OPERATIONS                       569,234        524,473 

            COSTS AND EXPENSES:

              Interest expense - pension notes              1,380,262        1,329,084 
              Amortization of pension notes
               issuance costs                                  63,698           63,698 
              Amortization of organization
               and offering costs                              12,444           12,444 
              Other expenses                                   42,735          134,186 

                                                            1,499,139        1,539,412 

            NET (LOSS)                                     $  (929,905)   $ (1,014,939)

            NET (LOSS) PER ASSIGNEE INTEREST            $         (21)   $         (23)




                               See notes to financial statements
                                         -2-
</TABLE>
<PAGE>
<PAGE>
<TABLE>
<CAPTION>



                         NHP RETIREMENT HOUSING PARTNERS I LIMITED PARTNERSHIP
                                         A Limited Partnership
                                        Statement of Operations
                             For the Nine Months Ended September 30, 1995

                                                                                           
                    
                                                                Nine months               
                                                                                       
                                                             ended September 30,     

                                                           1995         1994     

            REVENUE:
              <S>                                        <C>             <C> 
              Rental income                              $  10,254,699   $   9,846,939 
              Interest income                                   62,550          49,996 
              Other income                                     135,049         139,479 

                                                            10,452,298      10,036,414 

            COSTS AND EXPENSES:
                Salaries, related benefits
                  and overhead reimbursements                2,989,205      2,807,541  
                Management fees, dietary fees
                   and other services                         1,059,249         978,221

                Administrative and marketing                    394,594         430,892
                Utilities                                       655,395         661,857
                Maintenance                                     328,507         319,722
                Resident services, other than salaries          211,474         187,848
                Food services, other than salaries           1,116,373        1,061,709
                Depreciation                                  1,153,279       1,055,300
                Taxes and insurance                             804,725         833,883

                                                              8,712,801       8,336,973

            INCOME FROM RENTAL OPERATIONS                     1,739,497       1,699,441

            COSTS AND EXPENSES:

              Interest expense - pension notes               4,107,212        3,946,634
              Amortization of pension notes 
               issuance costs                                   191,094         191,094
              Amortization of organization
               and offering costs                               37,332           37,332

              Other expenses                                   186,837          275,095

                                                             4,522,475        4,450,155

            NET (LOSS)                                    $ (2,782,978)   $ (2,750,714)


            NET (LOSS) PER ASSIGNEE INTEREST            $          (64)   $        (63)


                               See notes to financial statements
                                         -3-
</TABLE>
<TABLE>
<CAPTION>




                         NHP RETIREMENT HOUSING PARTNERS I LIMITED PARTNERSHIP
                                         A Limited Partnership
                                Statement of Partners' Equity (Deficit)
                             For the Nine Months Ended September 30, 1995



                                                GENERAL PARTNERASSIGNOR
                                      CAPITAL REALTY GROUP     LIMITED
                                      SENIOR HOUSING, INC.    PARTNER            TOTAL    

            Equity (deficit)

              <S>                      <C>                  <C>             <C>
              at December 31, 1994     $ (1,197,854)        $  149,054      $ (1,048,800)

            Distributions                   (45,598)                 0           (45,598)

            Net Loss - Nine months
              ended
               September 30, 1995           (55,660)        (2,727,318)       (2,782,978)

            Equity (deficit)
              at 
               September 30, 1995      $ (1,299,112)     $  (2,578,264)     $ (3,877,376)


            Percentage interest 
              at 
               September 30, 1995               2 %               98 %             100 %
                                                   


























                               See notes to financial statements
                                         -4-
</TABLE>
<PAGE>
<TABLE>
<CAPTION>



                         NHP RETIREMENT HOUSING PARTNERS I LIMITED PARTNERSHIP
                                         A Limited Partnership
                                       Statements of Cash Flows


                                                             Nine Months Ended
                                                                September  30,
                                                                1995            1994   


            Cash flows from operating activities:
              <S>                                       <C>              <C> 
              Rent collections                          $   10,274,970   $   9,868,145

              Interest received                                 61,262          49,055
              Other income                                     135,049         139,479
              Salary and related benefits                   (2,989,205)     (2,807,541)
              Management fees, dietary fees
                 and other services                         (1,064,175)       (983,189)
              Other operating expenses paid                 (3,593,762)     (3,543,588)
              Interest paid                                 (2,234,306)     (2,234,306)

              Net cash provided by 
                 operating activities                          589,833         488,055

            Cash flows from investing activities:

              Capital Expenditures                            (516,826)       (294,136)

              Net cash used in investing activities           (516,826)       (294,136)

            Cash flows from financing activities:
              Distributions                                    (45,598)         -     

              Net cash used in financing activities            (45,598)         -      
             
            Net increase in cash and
              cash equivalents                                  27,409         193,919

            Cash and cash equivalents

              at beginning of period                         3,593,147       3,749,110

            Cash and cash equivalents
              at end of period                           $   3,620,556    $  3,943,029












                               See notes to financial statements
                                         -5-
</TABLE>
<PAGE>
<TABLE>
<CAPTION>



                         NHP RETIREMENT HOUSING PARTNERS I LIMITED PARTNERSHIP
                                         A Limited Partnership
                                       Statements of Cash Flows

                                              (Continued)


                                                             Nine Months Ended
                                                                  September 30,
                                                                1995            1994   



            RECONCILIATION OF NET LOSS TO NET CASH    
              PROVIDED BY (USED IN) OPERATING ACTIVITIES:

            <S>                                          <C>             <C>
            Net loss                                     $  (2,782,978)  $  (2,750,714)

            Adjustments to reconcile net loss to net cash
              used in operating activities:
              Depreciation                                   1,153,279       1,055,300
              Amortization of organization
                 and offering costs                             37,332          37,332
              Amortization of pension notes
                 issuance costs                                191,094         191,094

              Increase in interest receivable                   (1,288)           (941)
              Decrease in other assets and receivables          17,518          22,257
              Decrease in prepaid expenses                     102,235         121,104
              Increase in accounts payable                     186,904         127,083
              Increase in interest payable                   1,872,906       1,712,328
              Decrease in other liabilities                   (187,169)        (26,788)

                 Total adjustments                           3,372,811       3,238,769

            Net cash provided by
              operating activities                         $   589,833     $   488,055



















                               See notes to financial statements
                                         -6-
</TABLE>
<PAGE>





                   NHP RETIREMENT HOUSING PARTNERS I LIMITED PARTNERSHIP
                                A Limited Partnership
                            Notes to Financial Statements


          (1)  ACCOUNTING POLICIES

               Nature of Business

               NHP Retirement  Housing Partners I Limited  Partnership (the
               "Partnership") is  a limited partnership organized under the
               laws  of the  State  of Delaware  on March  10,  1986.   The

               Partnership was formed for the purpose of raising capital by
               issuing both Pension Notes ("Notes") to tax-exempt investors
               and selling additional partnership interests  in the form of
               Assignee  Interests  ("Interests")  to taxable  individuals.
               Interests represent  assignments of the  limited partnership
               interests of the Partnership issued  to the Assignor Limited
               Partner, NHP RHP-I Assignor Corporation.   The proceeds from
               the sale of the  Notes and Interests  have been invested  in
               residential rental properties for retirement age occupants.

               Basis of Presentation


               The  accompanying  unaudited  interim  financial  statements
               reflect  all  adjustments  which  are,  in  the  opinion  of
               management, necessary  to present  a fair  statement of  the
               financial  condition  and  results  of  operations  for  the
               interim periods presented.  

               While  the General  Partner  believes  that the  disclosures
               presented  are   adequate  to   make  the  information   not
               misleading,  it is suggested that these financial statements
               be read in conjunction with the financial statements and the
               notes included in the Partnership's  Annual Reports filed in
               Forms 10-K for the year ended December 31, 1994.


               Certain  reclassification   have  been  made  to   the  1994
               financial  statements  in  order  to  conform  to  the  1995
               presentation format.

          (2)  TRANSACTIONS WITH THE GENERAL PARTNER  AND AFFILIATES OF THE
               GENERAL PARTNER

               At  December  31, 1994,  the  sole  general  partner of  the
               Partnership was NHP/RHGP-1 Limited Partnership (NHP/RHGP-1).
               On December  19, 1991,  NHP/RHGP-1 executed  an amended  and
               restated  purchase  agreement   with  Capital  Realty  Group
               Properties,  Inc.  (CRGP) for  the  transfer of  the General

               Partner's  interest  in  the  Partnership,  subject  to  the
               approval of Assignee Holders.  CRGP's rights and obligations
               under the  purchase agreement were subsequently  assigned to

                                         -7-
<PAGE>





               Capital Realty Group Senior Housing, Inc. (CRGSH).  Pursuant
               to a Consent  Solicitation dated October 25,  1994, Assignee
               Holders holding more than 64% of the equity interests in the
               Partnership  approved   the  election   of  CRGSH,  as   the
               replacement general partner  of the Partnership.   Effective
               January  23, 1995,  CRGSH has  become  the new  sole general
               partner of the  Partnership and NHP/RHGP-I has  withdrawn as
               general partner.

















































                                         -8-
<PAGE>






               Personnel working  at the  Property sites  and certain  home
               office personnel  who perform  services for  the Partnership
               are employees  as  of February  1,  1995 of  Capital  Senior
               Living, Inc.  (CSL),  an affiliate  of  CRGSH and  prior  to
               February 1, 1995  were employees of CRGSH.   The Partnership
               reimburses CRGSH or CSL for  the salaries, related benefits,
               and overhead reimbursements  of such personnel as  reflected
               in the  accompanying financial statements.   Salary, related
               benefits and overhead reimbursements reimbursed and expensed
               by the Partnership  to CSL  and CRGSH for  the third  fiscal
               quarter ended September 30, 1995 and 1994, were $991,071 and

               $954,055, respectively.   Management fees,  dietary fees and
               other services reimbursed and expensed by the Partnership to
               CSL and CRGSH  for the third fiscal quarter  ended September
               30, 1995 and 1994, were $350,389 and $325,585, respectively.

               Distributions of $45,598  were made  to the General  Partner
               during the nine months ended September 30, 1995.

          (3)  VALUATION OF RENTAL PROPERTY

               Generally  accepted accounting  principles require  that the
               Partnership  evaluate  whether  it   is  probable  that  the

               estimated undiscounted  future cash flows of its properties,
               taken individually,  will be  less than  the respective  net
               book value  of the properties.   If such a  shortfall exists
               and  is  material, then  a  write-down  is  warranted.   The
               Partnership performs such evaluations on  an on-going basis.
               During  the nine months  ended September 30,  1995, based on
               the  Partnership's evaluation  of each  respective property,
               the Partnership did  not believe that any  additional write-
               down was warranted.






















                                         -9-
<PAGE>





          ITEM 2.  MANAGEMENT'S    DISCUSSION  AND  ANALYSIS  OF  FINANCIAL
                   CONDITION AND RESULTS OF OPERATIONS


          LIQUIDITY AND CAPITAL RESOURCES

          The following  schedule summarizes  the occupancy  levels at  the
          four properties wholly owned by the Partnership and at Amberleigh
          in which the Partnership has a 99.9% partnership interest.

<TABLE>
<CAPTION>
                                      Available         September 30       September 30
                                        Units                       1995               1994   


              <S>                        <C>              <C>           <C>
              The Amberleigh             269              95%           92%      
              The Atrium at
                 Carmichael              152              96%           93%
              Crosswood Oaks             121              95%           86%    
              Heatherwood                160              88%           90%
              Veranda Club               189               90%          90%    

</TABLE>
          Rent  collections  for   the  nine  month  period   increased  to
          $10,274,970  from  $9,868,145 in  1994,  or 4.1%,  primarily from
          rental  rate  increases.   Salaries,  management  fees  and other

          operating expenses  paid likewise  increased, from $7,334,318  to
          $7,647,142 in 1995 or 4.3%  Overall, operating expenses increased
          over the prior year due to inflationary costs. 

          Cash generated  from rental  operations prior to  the payment  of
          interest expense was sufficient to pay all of the interest on the
          Pension Notes,  which was  $2,234,306 for the  nine month  period
          ended September  30, 1995.   Net cash  provided from  operations,
          after the  payment of  interest expense, during  the nine  months
          ended September 30, 1995 was $589,833.   The Partnership provided
          cash from  operations of  $488,055 for the  same period  in 1994.
          Interest  on the Pension  Notes is accrued  at a  13% rate, which
          totalled  $4,107,212  and $3,946,634  for  the nine  months ended

          September 30, 1995 and 1994, respectively, but is paid based on a
          7% pay rate.   The remaining  6% unpaid  portion continues to  be
          accrued  and  is due  at  maturity.    Total accrued  and  unpaid
          interest amounted to $17,240,356 and $15,367,450 at September 30,
          1995 and December 31, 1994, respectively.

          The increase of $222,690 in capital expenditures from $294,136 in
          1994 to $516,826 in 1995 was due to capital improvement  programs
          implemented  at  several  of  the   properties  during  1994  and
          continuing during 1995.

          Cash and cash equivalents at  September 30, 1995 and December 31,

          1994 amounted  to $3,620,556  and $3,593,147,  respectively.   If
          operations do not improve significantly  in the long-term, future
          funds  may  not  be  available  to meet  operating  requirements,

                                         -10-
<PAGE>





          including the ultimate payment of principal and deferred interest
          on  the Pension  Notes.   This cash need  has caused  the General
          Partner  to determine that  it is not  financially appropriate to
          make distributions  to Assignee  Interest Holders.   The  General
          Partner  anticipates  that  distributions  will  continue  to  be
          suspended until operating results significantly improve.

          In their audit report dated February 17, 1995, the auditors added
          three additional  "emphasis" paragraphs  to their  report on  the
          Partnership's  1994,  1993 and  1992  financial statements.   The
          comments  made in  the  "emphasis"  paragraphs  generally  repeat
          disclosures made  by the Partnership in the footnotes to the 1994

          financial statements, primarily footnotes 9 and 10.  

          In  the  first   "emphasis  paragraph,  the  auditors   made  the
          statement,  "Should  the  cash   generated  from  operations  not
          continue   to   improve  over   the   next  several   years,  the
          Partnership's  cash reserves may not be adequate to fund interest
          payments  or other  Partnership obligations."   Management shares
          the auditors'  concern in  this area.   However, we  believe that
          significant operating improvements have been made in recent years
          which mitigate this risk.  The amount of cash  used in operations
          averaged approximately  $1.5 million  annually in  the three-year
          period ending December  31, 1991, but was reduced  to $731,000 in

          1992 and  further reduced to 58,971 in 1993.   In 1994, cash flow
          from  operating activities provided cash of $334,887, and for the
          nine  months ended September  30, 1995, cash  flow from operating
          activities provided cash of $589,833.

          In their  second "emphasis"  paragraph, the  auditors stated,  in
          part, that "...  the carrying values of the  Partnership's rental
          properties may exceed the current market values of the Properties
          at  December  31,  1994."    Management  agrees  that  this is  a
          possibility,  however, no  appraisals  of the  properties' values
          have been performed to  determine if, in fact, this  is the case,
          nor  are  current  market  values   considered  relevant  in  the
          circumstances since it is the Partnership's intention to continue

          to hold the properties and use them in operations.  In  this type
          of  situation, write-downs  of properties'  values  are generally
          required  only  when the  value  of  the  properties can  not  be
          "realized" through  future operations.   For  properties such  as
          those held  by  the Partnership,  generally  accepted  accounting
          principles  provide for the Partnership to evaluate whether it is
          probable that  the estimated  undiscounted future  cash flows  of
          each of  its properties,  taken individually, are  less than  the
          respective net book value of the properties.  If such a shortfall
          exists and  is material, then a write-down equal to the shortfall
          would be warranted.  The Partnership performs such evaluations on
          an ongoing basis  by comparing each property's net  book value to

          the estimated future  operating cash flow for years  through 2001
          (the year the  Pension Notes  mature) plus cash  projected to  be
          received upon an assumed sale  of the properties on December  31,

                                         -11-
<PAGE>





          2001.  Sales  proceeds, net of an estimated 3%  cost of disposal,
          are  estimated  using  a  10%  capitalization  rate  of  the  net
          operating income projected  for each property for the  year 2001.
          Based on evaluations prepared at December 31, 1992, no write-down
          of  the properties was  necessary at that  time.  As  a result of
          operating budget  revisions during 1993  which reduced  projected
          undiscounted  cash flows, evaluations  prepared at  September 30,
          1993  indicated  that write-downs  at  that date  were necessary.
          Therefore, as of  September 30, 1993, write-downs in  the amounts
          of  $2,000,000 and $800,000  were recorded on  the Crosswood Oaks
          and Atrium properties,  respectively.   The primary factors  that
          resulted  in  the reduced  projected  undiscounted cash  flows as

          compared to  the previous  year were  increased projected  future
          capital  expenditures  for  these  two   properties  as  well  as
          reductions in the projected occupancy  rates and higher operating
          costs  as a percentage of revenue than that originally projected.
          As  of  December 31,  1993,  an  evaluation  of projected  future
          undiscounted cash  flows disclosed that additional write-downs of
          $400,000 and  $100,000 were  required on the  Crosswood Oaks  and
          Atrium properties, respectively.  The  primary factor causing the
          fourth  quarter write-downs was  a reduction of  planned 1994 net
          operating income  for the  Crosswood Oaks  and Atrium  properties
          which occurred when the 1994 operating budgets for the properties
          were finalized.   After recording  these additional amounts,  the

          total  write-down  recorded  for  1993   was  $3,300,000  and  is
          reflected as loss  due to reduction  in carrying value of  rental
          property in  the accompanying  statements of  operations for  the
          year ended  December  31,  1993.    Based  on  the  Partnership's
          evaluation of each  respective property at December 31,  1994, no
          additional write-down was taken.

          The auditors second "emphasis" paragraph also stated that "Should
          the  Partnership be  forced  to dispose  of  one or  more of  its
          properties, it could incur a loss."  Management does not disagree
          with this statement, although the chances of incurring a loss  in
          the  future  have  been  reduced  by  recording  the  write-downs
          discussed above.   It should also  be noted that  the Partnership

          intends to  continue to hold  its properties and  operate them as
          rental properties.

          The final comment made by the auditors in their second "emphasis"
          paragraph is "... there can  be no assurance that further  write-
          downs will  not be needed in  the future."   The Partnership will
          continue to evaluate the operations of all of its Properties, and
          should actual cash flows  fall short of  projected cash flows  on
          any of its  properties, further reductions in carrying  value may
          be necessary.

          In their third and final "emphasis" paragraph, the auditors state

          that  "...there would need to be very significant improvements in
          the cash flows from operations and/or  increases in the values of
          the  Properties to fund  both the  accrued interest and  the face

                                         -12-
<PAGE>





          value  of the  Pension Notes  upon  their maturity."   Management
          agrees  that this is  a substantial investor/ownership  risk.  If
          interest  payments continue to  be deferred at  the current rate,
          the total accrual for  unpaid interest plus the face value of the
          Pension  Notes will approximate $81 million at December 31, 2001,
          the maturity date  of the Pension  Notes, which  is an amount  in
          excess of  cash projected to be  available for debt  servicing at
          that date.

          RESULTS OF OPERATIONS

          The  Partnership's net loss  for the nine  months ended September

          30,   1995   includes  rental   operations   from  each   of  the
          Partnership's  properties.      The  net   loss   also   includes
          depreciation,  amortization  of  pension  notes  issuance  costs,
          amortization  of  organization  and offering  costs  and  accrued
          pension note interest expense which are noncash in nature.

          The   Partnership's  net   loss  increased  from   $2,750,714  to
          $2,782,978  for the nine  month period ending  September 30, 1994
          and 1995, respectively.  Net loss per Assignee Interest increased
          from $63 to  $64 for the 42,691 Assignee  Interests respectively.
          This increased loss was principally due to an increase in pension
          note interest expense.   Rental  income increased to  $10,254,699

          for the nine months ended September 30, 1995 from $9,846,939  for
          the same period  in 1995,  or approximately 4.1%  primarily as  a
          result  of rental rate  increases.  Rental  expenses increased to
          $8,712,801  from  $8,336,973  for the  nine  month  period ending
          September  30, 1995 and  1994, respectively, or  4.5%.  Increased
          rental  expense  was  due  to  increased expenses  for  salaries,
          management fees,  maintenance, resident services,  food services,
          and depreciation.   Pension note interest expense  increased from
          $3,946,634  to  $4,107,212  for  the  nine month  periods  ending
          September  30,  1994  and  1995  respectively.    Other  expenses
          relating to Partnership administration decreased from $275,095 to
          $186,837 for the nine month periods ending September 30, 1994 and
          1995, respectively.


          For the  three months ended  September 30, 1995 as  compared with
          the  three  months ended  September  30, 1994,  the Partnership's
          revenue  and  expenses reflect  the  same variances  as discussed
          above, with the exception that  third quarter 1995 administrative
          and marketing, utilities, taxes and insurance expenses increased,
          and third quarter 1995 maintenance decreased in comparison to the
          third quarter of 1994.

          As discussed  previously, the  Partnership  performs an  on-going
          evaluation of the individual carrying value of each of the rental
          properties.    Based  on the  Partnership's  evaluation  of these

          carrying values at September 30, 1995, it was determined that  no
          additional  write-downs were  warranted.    The Partnership  will


                                         -13-
<PAGE>





          continue to evaluate the properties in the future, and additional
          write-downs may be necessary.

                                       PART II

          All items not applicable.



















































                                         -14-
<PAGE>





                                      SIGNATURES


          Pursuant  to the requirements  of the Securities  Exchange Act of
          1934, the Registrant has duly caused this Report to be signed  on
          its behalf by the undersigned thereunto duly authorized.

               NHP RETIREMENT HOUSING PARTNERS I LIMITED PARTNERSHIP

               By:  Capital Retirement Group, Inc.
                      General Partner





               By:                                               
                   Keith Johannessen
                   President




          Date:      November 14, 1995

































                                         -15-
<PAGE>





                                      SIGNATURES


               Pursuant to the  requirements of Section 13 or  15(d) of the
          Securities Exchange Act  of 1934, the Registrant has  duly caused
          this  Report  to be  signed  on  its behalf  by  the undersigned,
          thereunto duly authorized.

              NHP RETIREMENT HOUSING PARTNERS I, LIMITED PARTNERSHIP

                By:  Capital Realty Group Senior Housing, Inc.
                     General Partner





                By:   \s\ Keith Johannessen                               
                         President


          Date:       August 14, 1995



































                                         -0-
<PAGE>