FORM 10-Q

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                   (Mark One)

            x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934

                For the quarterly period ended September 30, 2000

                                       OR

           o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934

             For the transition period from ________ to ___________

                        Commission file number: 333-76435


                 WNC HOUSING TAX CREDIT FUND VI, L.P., Series 7
                 WNC HOUSING TAX CREDIT FUND VI, L.P., Series 8


California                                                33-0761517 - Series 7
                                                          33-0761519 - Series 8

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


                         3158 Redhill Avenue, Suite 120
                              Costa Mesa, CA 92626
                    (Address of principal executive offices)

                                 (714) 662-5565
                               (Telephone number)

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 _____No __X .


<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                               INDEX TO FORM 10-Q

                    For the Quarter Ended September 30, 2000


PART I. FINANCIAL INFORMATION

Series 7

 Item 1. Financial Statements

          Balance Sheets
             September 30, 2000 and March 31, 2000 ..........................3

          Statement of Operations
             For the three and six months ended September 30, 2000...........4

          Statement of Partners' Equity (Deficit)
             For the six months ended September 30, 2000.....................5

          Statement of Cash Flows
             For the six months ended September 30, 2000.....................6

          Notes to Financial Statements......................................7

 Item 2.  Management's Discussion and Analysis of Financial
          Condition and Results of Operations...............................14

 Item 3.  Quantitative and Qualitative Disclosures About Market Risks.......15

Series 8

Series 8  currently  has no assets  or  liabilities  and has had no  operations.
Accordingly, no financial information is included herein for Series 8.

PART II. OTHER INFORMATION

 Item 1.  Legal Proceedings.................................................15

 Item 6.  Exhibits and Reports on Form 8-K..................................15

 Signatures.................................................................16





                                       2


<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                                 BALANCE SHEETS
<TABLE>
<CAPTION>
                                                                  September 30, 2000              March 31, 2000
                                                                -----------------------        ----------------------
                                                                     (unaudited)
                                     ASSETS

<S>                                                          <C>                            <C>
Cash and cash equivalents                                    $               6,362,483      $              4,295,471
Funds held in escrow disbursement account                                    2,621,392                       142,815
Subscriptions and notes receivable                                             815,500                       583,635
Investments in limited partnerships (Note 3)                                 2,712,243                     1,284,221
Loans receivable (Note 2)                                                      600,000                       154,000
Other assets                                                                    18,793                           810
                                                                -----------------------        ----------------------

                                                             $              13,130,411      $              6,460,952
                                                                =======================        ======================

                   LIABILITIES AND PARTNERS' EQUITY (DEFICIT)

Liabilities:
 Due to limited partnerships                                 $                 575,468      $                502,601
 Accrued fees and expenses due to General
  Partner and affiliates (Note 4)                                              386,429                       145,659
                                                                -----------------------        ----------------------

Total liabilities                                                              961,897                       648,260
                                                                -----------------------        ----------------------

Commitment and contingencies (Note 7)

Partners' equity (deficit) (Note 5):
 General Partner                                                                (1,244)                          (301)
 Limited Partners (25,000 units authorized and
  14,747 and 7,147 units issued and  outstanding
  at September  30, 2000 and March 31, 2000)                                12,169,758                     5,812,993
                                                                -----------------------        ----------------------

Total partners' equity                                                      12,168,514                     5,812,692
                                                                -----------------------        ----------------------

                                                             $              13,130,411      $              6,460,952
                                                                =======================        ======================
</TABLE>

                 See accompanying notes to financial statements
                                        3

<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                            STATEMENTS OF OPERATIONS

          For the Three Months and Six Months Ended September 30, 2000
                                   (unaudited)
<TABLE>
<CAPTION>
                                                              Three Months            Six Months
                                                             ----------------      -----------------
<S>                                                        <C>                   <C>
Interest income                                            $          86,280     $         152,989
                                                             ----------------      -----------------

Operating expenses:
 Amortization (Note 3)                                                 8,480                13,842
 Asset management fees (Note 4)                                        3,000                 4,744
 Other                                                                15,282                22,472
                                                             ----------------      ----------------

   Total operating expenses                                           26,762                41,058
                                                             ----------------      ----------------

Income from operations                                                59,518               111,931
                                                             ----------------      ----------------

Equity in losses of limited partnerships (Note 3)                    (83,638)             (120,814)
                                                             ----------------      ----------------

Net income                                                 $         (24,120)     $         (8,883)
                                                             ================      ================

Net income allocated to:
 General Partner                                           $             (24)     $             (9)
                                                             ================      ================

 Limited Partners                                          $         (24,096)     $         (8,874)
                                                             ================      ================

Net income per limited partnership unit                    $           (1.92)     $          (0.83)
                                                             ================      ================

Outstanding weighted average limited partner units                    12,543                10,686
                                                             ================      ================

</TABLE>



                 See accompanying notes to financial statements
                                        4


<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                     STATEMENT OF PARTNERS' EQUITY (DEFICIT)

                   For the Six Months Ended September 30, 2000
                                   (unaudited)
<TABLE>
<CAPTION>

                                                       General              Limited                Total
                                                       Partner              Partners
                                                    ---------------      ---------------      -----------------
<S>                                               <C>                  <C>                  <C>
Partners' equity (deficit) at March 31, 2000      $          (301)     $     5,812,993      $       5,812,692

Withdrawal of original limited partner                                          (1,000)                (1,000)

Sale of limited partnership units,
 net of discounts of $3,180                                     -            7,596,820              7,596,820

Sale of limited partnership units issued for
 promissory notes receivable                                    -             (297,500)              (297,500)

Offering expenses                                            (934)            (932,681)              (933,615)

Net income                                                     (9)              (8,874)                (8,883)
                                                    ---------------      ---------------      -----------------

Partners' equity (deficit) at September 30, 2000  $        (1,244)     $    12,169,758      $      12,168,514
                                                    ===============      ===============      =================


</TABLE>

                 See accompanying notes to financial statements
                                        5

<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                             STATEMENT OF CASH FLOWS

                   For the Six Months Ended September 30, 2000
                                   (unaudited)
<TABLE>
<CAPTION>

<S>                                                                      <C>
Cash flows from operating activities:
 Net income                                                              $         (8,883)
 Adjustments to reconcile net income to net cash provided
  by operating activities:
  Amortization                                                                     13,842
  Equity in losses of limited partnerships                                        120,814
  Change in other assets                                                          (12,244)
  Change in accrued fees and expenses due to General
   Partner and affiliates                                                           3,231
                                                                            ---------------

Net cash provided by operating activities                                         116,760
                                                                            ---------------

Cash flows from investing activities:
 Investments in limited partnerships, net                                        (805,811)
 Funds held in escrow disbursement account                                     (2,478,577)
 Loans receivable                                                                (446,000)
 Capitalized acquisition costs and fees                                          (520,650)
                                                                            ---------------

Net cash used in investing activities                                          (4,251,038)
                                                                            ---------------
Cash flows from financing activities:
 Capital contributions                                                          7,061,820
 Offering expenses                                                               (860,530)
                                                                            ---------------

Net cash provided by financing activities                                       6,201,290
                                                                            ---------------

Net increase in cash and cash equivalents                                       2,067,012
                                                                            ---------------

Cash and cash equivalents, beginning of period                                  4,295,471
                                                                            ---------------

Cash and cash equivalents, end of period                                $       6,362,483
                                                                            ===============
SUPPLEMENTAL DISCLOSURE OF CASH
 FLOW INFORMATION
  Taxes paid                                                            $             800
                                                                            ===============
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITY:

During the six months ended  September 30, 2000,  the  Partnership  sold limited
partnership units for promissory notes totaling $297,500.
</TABLE>

                 See accompanying notes to financial statements
                                        6
<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                          NOTES TO FINANCIAL STATEMENTS

                               September 30, 2000
                                   (unaudited)

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

General

The accompanying condensed consolidated unaudited financial statements have been
prepared in accordance with generally accepted accounting principles for interim
financial  information  and with the  instructions  to Form  10-Q for  quarterly
reports  under  Section  13 or 15(d)  of the  Securities  Exchange  Act of 1934.
Accordingly,  they do not include all of the information and footnotes  required
by generally accepted accounting  principles for complete financial  statements.
In the opinion of management,  all adjustments  (consisting of normal  recurring
accruals)  considered  necessary  for a fair  presentation  have been  included.
Operating  results for the three and six months ended September 30, 2000 are not
necessarily  indicative  of the results that may be expected for the fiscal year
ending  March  31,  2001.  For  further  information,  refer  to  the  financial
statements and footnotes thereto included in the Partnership's  annual report on
Form 10-K for the fiscal year ended March 31, 2000.

Organization

WNC  Housing  Tax  Credit  Fund  VI,  L.P.,  Series  7,  (a  California  Limited
Partnership) (the  "Partnership")  was formed on June 16, 1997 under the laws of
the state of California.  The Partnership began operations on September 3, 1999,
the  effective  date of its public  offering  pursuant to Security  and Exchange
approval of the Partnership's  Pre-Effective  Amendment No. 3 to Form S-11 filed
with the  Securities and Exchange  Commission on July 16, 1999. The  Partnership
was formed to invest primarily in other limited partnerships (the "Local Limited
Partnerships")  which  own  and  operate  multi-family  housing  complexes  (the
"Housing  Complexes") that are eligible for low income housing tax credits.  The
local  general  partners  (the "Local  General  Partners") of each Local Limited
Partnership will retain  responsibility for maintaining,  operating and managing
the Housing Complex.

WNC Housing Tax Credit Fund,  VI, L.P.,  Series 8 ("Series 8")  currently has no
assets or  liabilities  and has had no  operations.  Accordingly,  no  financial
information is included herein for Series 8

The general partner is WNC & Associates,  Inc. (the "General Partner").  Wilfred
N. Cooper, Sr., through the Cooper Revocable Trust, owns just less than 66.8% of
the  outstanding  stock of WNC &  Associates,  Inc.  John B. Lester,  Jr. is the
initial limited  partner of the Partnership and owns,  through the Lester Family
Trust, just less than 28.6% of the outstanding  stock of WNC & Associates,  Inc.
Wilfred N. Cooper,  Jr.,  President of WNC & Associates,  Inc., owns 2.1% of the
outstanding  stock of Associates.  The business of the  Partnership is conducted
primarily through WNC & Associates, Inc., as the Partnership has no employees of
its own.

The Partnership shall continue in full force and effect until December 31, 2060,
unless terminated prior to that date,  pursuant to the partnership  agreement or
law.

The financial  statements  include only activity relating to the business of the
Partnership,  and do not give  effect to any assets that the  partners  may have
outside of their interests in the Partnership, or to any obligations,  including
income taxes, of the partners.

                                       7
<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                    NOTES TO FINANCIAL STATEMENTS - CONTINUED

                               September 30, 2000
                                   (unaudited)

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, continued

The  Partnership  agreement  authorized the sale of up to 25,000 units at $1,000
per Unit  ("Units").  As of September  30,  2000,  14,747 Units in the amount of
$14,736,595 had been sold, net of volume  discounts of $45 and $10,360 of dealer
discounts,  had been  accepted.  The  General  Partner  has a 0.1%  interest  in
operating  profits and losses,  taxable  income and losses,  cash  available for
distribution  from the  Partnership  and tax  credits  of the  Partnership.  The
limited  partners  will be  allocated  the  remaining  99.9% of  these  items in
proportion to their respective investments.

After the limited  partners  have received  proceeds from a sale or  refinancing
equal to their capital  contributions and their return on investment (as defined
in the  Partnership  Agreement)  and the General  Partner has received  proceeds
equal  to its  capital  contribution  and a  subordinated  disposition  fee  (as
described in Note 4) from the  remainder,  any  additional  sale or  refinancing
proceeds will be distributed 90% to the limited partners (in proportion to their
respective investments) and 10% to the General Partner.

Risks and Uncertainties

The Partnership's  investments in Local Limited  Partnerships are subject to the
risks incident to the management and ownership of low-income  housing and to the
management and ownership of multi-unit  residential  real estate.  Some of these
risks  are that the low  income  housing  credit  could be  recaptured  and that
neither the  Partnership's  investments  nor the Housing  Complexes owned by the
Local Limited Partnerships will be readily marketable. To the extent the Housing
Complexes  receive  government  financing  or operating  subsidies,  they may be
subject to one or more of the following risks: difficulties in obtaining tenants
for the Housing Complexes: difficulties in obtaining rent increases; limitations
on cash distributions; limitations on sales or refinancing of Housing Complexes;
limitations on transfers of Local Limited Partnership Interests:  limitations on
removal of Local General Partners; limitations on subsidy programs; and possible
changes in applicable regulations.  The Housing Complexes are or will be subject
to mortgage  indebtedness.  If a Local  Limited  Partnership  does not makes its
mortgage payments, the lender could foreclose resulting in a loss of the Housing
Complex  and low  income  housing  credits.  As a limited  partner  of the Local
Limited Partnerships, the Partnership will have very limited rights with respect
to management of the Local  Limited  Partnerships,  and will rely totally on the
Local General  Partners of the Local Limited  Partnerships for management of the
Local Limited Partnerships.  The value of the Partnership's  investments will be
subject  to  changes  in  national  and  local  economic  conditions,  including
unemployment  conditions,  which could adversely  impact vacancy levels,  rental
payment  defaults and operating  expenses.  This, in turn,  could  substantially
increase  the  risk of  operating  losses  for  the  Housing  Complexes  and the
Partnership.  In addition,  each Local Limited  Partnership  is subject to risks
relating  to  environmental   hazards  and  natural  disasters  which  might  be
uninsurable. Because the Partnership's operations will depend on these and other
factors  beyond  the  control  of the  General  Partner  and the  Local  General
Partners,  there can be no assurance  that the  anticipated  low income  housing
credits will be available to Limited Partners.

In addition  Limited  Partners are subject to risks in that the rules  governing
the low income  housing  credit are  complicated,  and the use of credits can be
limited.  The only  material  benefit from an investment in Units may be the low
income housing credits. There are limits in the transferability of Units, and it
is unlikely that a market for Units will develop.  All management decisions will
be made by the General Partner.

                                       8
<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                    NOTES TO FINANCIAL STATEMENTS - CONTINUED

                               September 30, 2000
                                   (unaudited)

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, continued

Method of Accounting for Investments in Limited Partnerships

The Partnership  intends to account for its investments in limited  partnerships
using the equity method of accounting,  whereby the Partnership  will adjust its
investment balance for its share of the Local Limited  Partnership's  results of
operations and for any distributions  received.  The accounting  policies of the
Local  Limited  Partnerships  are  expected to be  consistent  with those of the
Partnership. Costs incurred by the Partnership in acquiring the investments will
be  capitalized  as part of the investment and amortized over 15 years (see Note
3).

Offering Expenses

Offering  expenses are expected to consist of  underwriting  commissions,  legal
fees,  printing,  filing and  recordation  fees,  and other  costs  incurred  in
connection with the selling of limited partnership interests in the Partnership.
The General  Partner is obligated to pay all  offering  and  organization  costs
inclusive of selling commissions and dealer manager fees, in excess of 4% of the
total  offering  proceeds.  Offering  expenses  are  reflected as a reduction of
limited  partners'  capital  and  amounted  to  $1,855,500  and  $921,885  as of
September 30, 2000 and March 31, 2000, respectively.

Use of Estimates

The preparation of financial  statements in conformity  with generally  accepted
accounting principles requires management to make estimates and assumptions that
affect  the  reported  amounts  of assets  and  liabilities  and  disclosure  of
contingent assets and liabilities at the date of the financial  statements,  and
the  reported  amounts of revenues  and expenses  during the  reporting  period.
Actual results could materially differ from those estimates.

Cash and Cash Equivalents

The  Partnership   considers  all  highly  liquid   investments  with  remaining
maturities of three months or less when purchased to be cash equivalents.  As of
September 30, 2000 and March 31, 2000 the  Partnership  had cash  equivalents of
$3,900,000 and $3,866,941,  respectively.  These amounts  consist  primarily tax
exempt  instruments  collateralized  by tax exempt  municipal bonds from various
municipalities  throughout the United  States.  These  instruments  generate tax
exempt yields and generally have 35 day or less maturities.

Concentration of Credit Risk

At September  30, 2000,  the  Partnership  maintained  cash  balances at certain
financial institutions in excess of the federally insured maximum.

Net Income Per Limited Partner Unit

Net income per limited  partnership unit is calculated  pursuant to Statement of
Financial  Accounting Standards No. 128, Earnings Per Share. Net income per unit
includes no dilution  and is computed by dividing  income  available  to limited
partners by the weighted average number of units outstanding  during the period.
Calculation of diluted net income per unit is not required.

                                       9

<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                    NOTES TO FINANCIAL STATEMENTS - CONTINUED

                               September 30, 2000
                                   (unaudited)

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, continued

Reporting Comprehensive Income

In June 1997,  the FASB  issued  Statement  of  Financial  Accounting  Standards
("SFAS") No. 130, Reporting  Comprehensive  Income.  This statement  establishes
standards for reporting the components of comprehensive income and requires that
all items that are  required to be  recognized  under  accounting  standards  as
components of comprehensive  income be included in a financial statement that is
displayed with the same prominence as other financial statements.  Comprehensive
income  includes net income as well as certain items that are reported  directly
within a separate  component of partners' equity and bypass net income.  For the
periods  presented,  the  Partnership  has no  elements  of other  comprehensive
income, as defined by SFAS No. 130.

NOTE 2 - LOANS RECEIVABLE

Loans  receivable  represent  amounts loaned by the Partnership to certain Local
Limited  Partnerships  in which the  Partnership  may  invest.  These  loans are
generally applied against the first capital  contribution due if the Partnership
ultimately invests in such entities.  In the event that the Partnership does not
invest in such  entities,  the loans are to be repaid  with  interest  at a rate
which is equal to the rate charged to the holder.

NOTE 3 - INVESTMENTS IN LIMITED PARTNERSHIPS

As of  September  30, 2000 and March 31,  2000,  the  Partnership  has  acquired
limited  partnership  interests  in four  and two  Local  Limited  Partnerships,
respectively. Each Local Limited Partnership owns one Housing Complex consisting
of an aggregate of 99 and 35 apartment units, respectively.  As of September 30,
2000 and March 31, 2000  construction  or  rehabilitation  of two of the Housing
Complexes were still in process.  The respective  general  partners of the Local
Limited   Partnerships  manage  the  day-to-day   operations  of  the  entities.
Significant Local Limited  Partnership  business decisions require approval from
the Partnership. The Partnership, as a limited partner, is generally entitled to
99.98%,  as  specified  in the  Local  Limited  Partnership  agreements,  of the
operating  profits and losses,  taxable income and losses and tax credits of the
Local Limited Partnerships.

Equity  in  losses  of the  Local  Limited  Partnerships  is  recognized  in the
financial  statements until the related  investment account is reduced to a zero
balance. Losses incurred after the investment account is reduced to zero are not
recognized. If the Local Limited Partnerships report net income in future years,
the  Partnership  will resume applying the equity method only after its share of
such net  income  equals  the share of net  losses  not  recognized  during  the
period(s) the equity method was suspended.

Distributions  received by limited  partners are accounted for as a reduction of
the investment balance.  Distributions received after the investment has reached
zero are recognized as income. As of September 30, 2000, no investment  accounts
in Local Limited Partnerships had reached a zero balance.

                                       10

<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                    NOTES TO FINANCIAL STATEMENTS - CONTINUED

                               September 30, 2000
                                   (unaudited)

NOTE 3 - INVESTMENTS IN LIMITED PARTNERSHIPS, continued

Following  is a summary of the equity  method  activity  of the  investments  in
limited partnerships for the periods presented:
<TABLE>
<CAPTION>
                                                           For the Six Months            September 3, 1999
                                                                 Ended                    (Date Operations
                                                           September 30, 2000        Commenced) through March
                                                                                             31, 2000
                                                        -------------------------    --------------------------
<S>                                                   <C>                          <C>
       Investments in limited partnerships,
        beginning of period                           $               1,284,221    $                        -
       Capital contributions paid, net                                  374,665                       142,788
       Capital contributions payable                                    504,013                       502,601
       Capitalized acquisition fees and costs                           684,000                       643,230
       Equity in losses of limited partnerships                        (120,814)                            -
       Amortization of capitalized
        acquisition fees and costs                                      (13,842)                       (4,398)
                                                        -------------------------    --------------------------

       Investments in limited partnerships, end of
        period                                        $               2,712,243    $                1,284,221
                                                        =========================    ==========================

Selected financial  information for the six months ended September 30, 2000 from
the unaudited combined financial statements of the limited partnerships in which
the Partnership has invested as follows:

                     COMBINED CONDENSED STATEMENT OF OPERATIONS

                                                                       2000
                                                                 -------------------

          Revenue                                              $           191,000
                                                                 -------------------

          Expenses:
           Interest expense                                                 64,000
           Depreciation                                                     64,000
           Operating expenses                                              184,000
                                                                 -------------------
              Total expenses                                               312,000
                                                                 -------------------
          Net loss                                             $          (121,000)
                                                                 ===================
          Net loss allocable to the
           Partnership                                         $          (121,000)
                                                                 ===================
          Net loss recorded by the
           Partnership                                         $          (121,000)
                                                                 ===================

</TABLE>
                                       11
<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                    NOTES TO FINANCIAL STATEMENTS - CONTINUED

                               September 30, 2000
                                   (unaudited)

NOTE 4 - RELATED PARTY TRANSACTIONS

The Partnership has no officers,  employees,  or directors.  However,  under the
terms of the  Partnership  Agreement the Partnership is obligated to the General
Partner or its affiliates for the following fees:

   (a)   Acquisition  fees of 7% of the gross proceeds from the sale of Units as
         compensation  for services  rendered in connection with the acquisition
         of Local Limited  Partnerships.  As of September 30, 2000 and March 31,
         2000,  the  Partnership  incurred  acquisition  fees of $1,032,290  and
         $500,290,  respectively.  Accumulated amortization of these capitalized
         costs were  $14,183 and $3,420 as of  September  30, 2000 and March 31,
         2000, respectively.

   (b)   Acquisition costs of 2% of the gross proceeds from the sale of Units as
         full  reimbursement  of  costs  incurred  by  the  General  Partner  in
         connection  with the acquisition of Local Limited  Partnerships.  As of
         September  30,  2000 and  March  31,  2000,  the  Partnership  incurred
         acquisition  costs of $294,940 and $142,940,  respectively,  which have
         been  included  in  investments  in limited  partnerships.  Accumulated
         amortization  were $4,057 and $978 as of  September  30, 2000 and March
         31, 2000, respectively.

     (c)  An annual  asset  management  fee not to exceed  0.2% of the  invested
          assets  (defined  as  the  Partnership's  capital  contributions  plus
          reserves of the  Partnership  of up to 5% of gross  proceeds  plus its
          allocable  percentage  of the mortgage  debt  encumbering  the housing
          complexes)  of the  Local  Limited  Partnerships.  Management  fees of
          $4,744 and $424 were  incurred  during the six months ended  September
          30, 2000 and the period September 3, 1999 (Date Operations  Commenced)
          through March 31, 2000, respectively.

    (d)  A  subordinated  disposition  fee in an amount equal to 1% of the sales
         price of real estate sold.  Payment of this fee is  subordinated to the
         limited  partners  receiving a return on investment  (as defined in the
         Partnership  Agreement)  and is payable only if the General  Partner or
         its affiliates render services in the sales effort.

The accrued fees and expenses due to the General Partner and affiliates  consist
of the following at:
<TABLE>
<CAPTION>
                                                                     September 30, 2000           March 31, 2000
                                                                    ----------------------     ---------------------
<S>                                                               <C>                        <C>
Acquisition fees payable                                          $               162,680    $               35,630
Acquisition costs payable                                                          46,480                    10,180
Organizational, offering and selling costs payable                                172,165                    99,080
Asset management fee payable                                                        5,104                       424
Reimbursement for expenses paid by the General Partner or
 an affiliate                                                                           -                       345
                                                                    ----------------------     ---------------------

                                                                  $               386,429    $              145,659
                                                                    ======================     =====================
</TABLE>
                                       12

<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                    NOTES TO FINANCIAL STATEMENTS - CONTINUED

                               September 30, 2000
                                   (unaudited)

NOTE 5 - SUBSCRIPTIONS AND NOTES RECEIVABLE

As of September 30, 2000, the Partnership had received  subscriptions for 14,747
units which included  subscriptions  receivable of $815,500 and promissory notes
of $731,500, of which all of the subscription  receivables were collected and $0
of the promissory notes were collected after September 30, 2000 and prior to the
issuance of these financial  statements,  leaving an unpaid balance of $731,500.
Limited  partners who subscribed  for ten or more units of limited  partnerships
interest  ($10,000)  could elect to pay 50% of the  purchase  price in cash upon
subscription and the remaining 50% by the delivery of a promissory note payable,
together with interest at a rate equal to the three month  treasury bill rate as
of the date of execution  of the  promissory  note,  due no later than 13 months
after the subscription date.

NOTE 6 - INCOME TAXES

No provision for income taxes has been  recorded in the financial  statements as
any  liability  for  income  taxes  is the  obligation  of the  partners  of the
Partnership.

NOTE 7 - COMMITMENTS AND CONTINGENCIES

Subsequent to September 30, 2000, the  Partnership  acquired three Local Limited
Partnership interest which required capital contributions of $5,895,002 of which
$0 had been  advanced as of September 30,  20000.  Of this amount,  $630,343 has
been  contributed  subsequent  to September 30, 2000 and prior to the release of
this filing.

NOTE 8 - SUBSEQUENT EVENT

From October 1, 2000 to October 31, 2000, the Partnership received subscriptions
for an  additional  4,103 Units,  for which it has received  $3,890,400,  net of
dealer  discounts  of $10,850 and $201,750 in notes  receivable  under the terms
described  in Note 5. The  Partnership  completed  its  offering  of Units as of
October 31, 2000.



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<PAGE>

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

This  Quarterly  Report  contains  forward-looking   statements  concerning  the
Partnership's anticipated future revenues and earnings,  adequacy of future cash
flow and related matters. These forward-looking  statements include, but are not
limited to, statements containing the words "expect",  "believe", "will", "may",
"should", "project", "estimate", and like expressions, and the negative thereof.
These statements are subject to risks and uncertainties  that could cause actual
results to differ materially from the statements, including competition, as well
as those  risks  described  in the  Partnership's  SEC  reports,  including  the
Partnership's  Form 10-K filed  pursuant to the  Securities  and Exchange Act of
1934 on June 29, 2000.

The following discussion and analysis compares the results of operations for the
three and six months ended September 30, 2000, and should be read in conjunction
with the condensed  consolidated  financial  statements and  accompanying  notes
included within this report.

Financial Condition

The Partnership's assets at September 30, 2000 consisted primarily of $6,362,000
in  cash  and  cash  equivalents,  $2,621,000  in cash in  escrow,  $816,000  in
subscriptions  receivable,  aggregate  investments  in the  four  Local  Limited
Partnerships  of $2,712,000,  and $600,000 in loans  receivable.  Liabilities at
September 30, 2000 primarily  consisted of $575,000 due to limited  partnerships
and  $386,000  in advances  and other  payables  due to the  General  Partner or
affiliates.

Results of Operations and Cash Flows

The Partnership  commenced  operations on September 3, 1999. As a result,  there
are no  comparative  results of  operations  or cash flow from prior  periods to
present.

Since September 30, 2000, the  Partnership has raised equity capital  sufficient
to satisfy all of its identified  obligations.  In this regard,  the Partnership
expects  its  future  cash  flows,  together  with its net  available  assets at
September 30, 2000, to be  sufficient to meet all currently  foreseeable  future
cash requirements.




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<PAGE>

Item 3:  Quantitative and Qualitative Disclosures Above Market Risks

         NOT APPLICABLE

Part II. Other Information

Item 1.  Legal Proceedings

         NONE

Item 6.  Exhibits and Reports on Form 8-K

         (b)   Reports on Form 8-K

          1.   A Form 8-K dated  October 2, 2000 was filed on October  11,  2000
               reporting  the  acquisition  of a Local Limited  Partnership.  No
               financial statements were included.

          2.   A Form 8-K/A was filed on December 18, 2000 amending the Form 8-K
               dated October 2, 2000. Pro forma financial information respecting
               the acquisition was included.




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<PAGE>
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.

WNC HOUSING TAX CREDIT FUND VI, L.P., Series 7 and Series 8
(Registrant)

By:   WNC & Associates, Inc., General Partner of the Registrant



By:   /s/ Wilfred N. Cooper, Jr.
Wilfred N. Cooper, Jr.,
President - Chief Operating Officer of WNC & Associates, Inc.

Date: February 15, 2001



By:  /s/ Thomas J. Riha
Thomas J. Riha,
Vice President - Chief Financial Officer of WNC & Associates, Inc.

Date: February 15, 2001







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