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 June 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 X No .


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

                               INDEX TO FORM 10-Q

                       For the Quarter Ended June 30, 2000


PART I. FINANCIAL INFORMATION

Series 7

 Item 1. Financial Statements

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

    Statement of Operations
       For the three months ended June 30, 2000.............................4

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

    Statement of Cash Flows
       For the three months ended June 30, 2000.............................6

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

 Item 2.  Management's Discussion and Analysis of Financial
          Condition and Results of Operations...............................13

 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>
                                                                   June 30, 2000                 March 31, 2000
                                                                -----------------------        ----------------------
                                                                     (unaudited)
                                     ASSETS

<S>                                                          <C>                            <C>
Cash and cash equivalents                                    $               6,929,346      $              4,295,471
Funds held in escrow disbursement account                                      142,786                       142,815
Subscriptions receivable                                                       696,538                       583,635
Investments in limited partnerships (Note 2)                                 1,798,648                     1,284,221
Loans receivable                                                               154,000                       154,000
Other assets                                                                       514                           810
                                                                -----------------------        ----------------------

                                                             $               9,721,832      $              6,460,952
                                                                =======================        ======================

                   LIABILITIES AND PARTNERS' EQUITY (DEFICIT)

Liabilities:
 Due to limited partnerships                               $                   265,389      $                502,601
 Accrued fees and expenses due to General
  Partner and affiliates (Note 3)                                              654,834                       145,659
                                                                -----------------------        ----------------------

Total liabilities                                                              920,223                       648,260
                                                                -----------------------        ----------------------

Partners' equity (deficit):
 General Partner                                                                   (599)                        (301)
 Limited Partners (25,000 units authorized and
  10,611 and 7,147 units issued and  outstanding  at
  June 30, 2000 and March 31, 2000)                                          8,802,208                     5,812,993
                                                                -----------------------        ----------------------

Total partners' equity                                                       8,801,609                     5,812,692
                                                                -----------------------        ----------------------

                                                             $               9,721,832      $              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)

                             STATEMENT OF OPERATIONS

                    For the Three Months Ended June 30, 2000
                                   (unaudited)



Interest income                                         $          66,709
                                                          -----------------

                                                                   66,709
                                                          -----------------

Operating expenses:
 Amortization (Note 2)                                              5,362
 Asset management fees (Note 3)                                     1,744
 Other                                                              7,190
                                                          -----------------

  Total operating expenses                                         14,296
                                                          -----------------

Income from operations                                             52,413
                                                          -----------------

Equity in losses of limited partnerships (Note 2)                 (37,176)
                                                          -----------------

Net income                                              $          15,237
                                                          =================

Net income allocated to:
     General Partner                                    $             152
                                                          =================

     Limited Partners                                   $          15,085
                                                          =================

Net income per limited partnership unit                 $               1
                                                          =================




                 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 Three Months Ended June 30, 2000
                                   (unaudited)
<TABLE>
<CAPTION>

                                                        General                  Limited
                                                        Partner                  Partner                  Total
                                                   ------------------       -------------------      -----------------

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

Sale of Limited Partnership units,
 net of discounts of $715                                         -                 3,463,285              3,463,285

Sale of limited partnership units issued for
 promissory notes receivable                                      -                   (40,000)               (40,000)

Offering expenses                                              (450)                 (449,155)              (449,605)

Net income                                                      152                    15,085                 15,237
                                                   ------------------       -------------------      -----------------

Partners' equity (deficit) at June 30, 2000      $             (599)      $         8,802,208      $       8,801,609
                                                   ==================       ===================      =================







</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 Three Months Ended June 30, 2000
                                   (unaudited)


Cash flows from operating activities:
 Net income                                               $           15,237
 Adjustments to reconcile net income to net cash
  provided by operating activities:
  Equity in losses of limited partnerships                            37,176
  Amortization                                                         5,362
  Change in other assets                                              (5,607)
  Change in accrued fees and expenses due to
   General Partner and affiliates                                      1,399
                                                             ------------------

Net cash provided by operating activities                             53,567
                                                             ------------------

Cash flows from investing activities:
 Investments in limited partnerships, net                           (482,471)
 Funds held in escrow disbursement account                                29
 Capitalized acquisition costs and fees                               (1,005)
                                                             ------------------

Net cash used in investing activities                               (483,393)
                                                             ------------------

Cash flows from financing activities:
 Capital contributions                                             3,316,285
 Offering expenses                                                  (252,584)
                                                             ------------------

Net cash provided by financing activities                          3,063,701
                                                             ------------------

Net increase in cash and cash equivalents                          2,633,875
                                                             ------------------

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

Cash and cash equivalents, end of period                  $        6,929,346
                                                             ==================


                 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 - CONTINUED

                                  June 30, 2000
                                   (unaudited)

NOTE 1 - ORGANIZATION AND 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 months ended June 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

                                  June 30, 2000
                                   (unaudited)

NOTE 1 - ORGANIZATION AND 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 June  30,  2000,  10,611  Units  in the  amount  of
$10,603,060  had been sold, net of volume  discounts of $30 and $7,910 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 3) 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

                                  June 30, 2000
                                   (unaudited)

NOTE 1 - ORGANIZATION AND 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
2).

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 $1,371,490 and $921,885 as of June 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
June 30,  2000 and  March  31,  2000 the  Partnership  had cash  equivalents  of
$3,910,746 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 June 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

                                  June 30, 2000
                                   (unaudited)


NOTE 2 - INVESTMENTS IN LIMITED PARTNERSHIPS

Following  is a summary of the equity  method  activity  of the  investments  in
limited partnerships for the periods presented:
<TABLE>
<CAPTION>

                                                               June 30, 2000                March 31, 2000
                                                        -------------------------    --------------------------
<S>                                                   <C>                         <C>
       Investments in limited partnerships,
        beginning of period                           $               1,284,221   $                         -
       Capital contributions paid, net                                        -                       142,788
       Capital contributions payable                                    245,205                       502,601
       Capitalized acquisition fees and costs                           311,760                       643,230
       Equity in losses of limited partnerships                         (37,176)                            -
       Amortization of capitalized
        acquisition fees and costs                                       (5,362)                       (4,398)
                                                        -------------------------    --------------------------

       Investments in limited partnerships, end of
        period                                        $               1,798,648   $                 1,284,221
                                                        =========================    ==========================
</TABLE>

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

          Total revenue                            $               45,000
                                                     ----------------------

          Interest expense                                         15,000
          Depreciation                                             28,000
          Operating expenses                                       39,000
                                                     ----------------------
          Total expenses                                           82,000
                                                     ----------------------

          Net loss                                 $              (37,000)
                                                     ======================
          Net loss allocable to the
           Partnership                             $              (37,000)
                                                     ======================
          Net loss recorded by the
           Partnership                             $              (37,000)
                                                     ======================


                                       10
<PAGE>
                 WNC HOUSING TAX CREDIT FUND VI, L.P., SERIES 7
                       (A California Limited Partnership)

                    NOTES TO FINANCIAL STATEMENTS - CONTINUED

                                  June 30, 2000
                                   (unaudited)

NOTE 3 - 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 June 30, 2000 and March 31, 2000,
          the Partnership  incurred  acquisition  fees of $742,770 and $500,290,
          respectively. Accumulated amortization of these capitalized costs were
          $7,590  and  $3,420  as  of  June  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
         June 30, 2000 and March 31, 2000, the Partnership  incurred acquisition
         costs of $212,220 and $142,940,  respectively, which have been included
         in investments in limited partnerships.  Accumulated  amortization were
         $2,170 and $978 as of June 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 $1,744
         were incurred during the three months ended June 30, 2000.

    (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:
<TABLE>
<CAPTION>

                                                                         June 30, 2000            March 31, 2000
                                                                       -------------------     ---------------------

<S>                                                                  <C>                     <C>
Acquisition fees payable                                             $            278,110    $               35,630
Acquisition costs payable                                                          78,455                    10,180
Organizational, offering and selling costs payable                                296,101                    99,080
Asset management fee payable                                                        2,168                       424
Reimbursement for expenses paid by the General Partner or
 an affiliate                                                                           -                       345
                                                                       -------------------     ---------------------

                                                                     $            654,834    $              145,659
                                                                       ===================     =====================
</TABLE>

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

                    NOTES TO FINANCIAL STATEMENTS - CONTINUED

                                  June 30, 2000
                                   (unaudited)

NOTE 4 - SUBSCRIPTIONS AND NOTES RECEIVABLE

As of June 30, 2000, the Partnership had received subscriptions for 10,611 units
which  included  subscriptions  receivable of $686,000 and  promissory  notes of
$474,000, of which all of the subscription  receivables were collected and $0 of
the  promissory  notes  were  collected  after  June 30,  2000 and  prior to the
issuance of these financial  statements,  leaving an unpaid balance of $474,000.
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 5 - 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.












                                       12
<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
fiscal  quarter ended June 30, 2000 and 1999,  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 June 30, 2000 consisted  primarily of $6,929,000 in
cash,  $143,000  in  cash  in  escrow,  $697,000  in  subscriptions  receivable,
aggregate investments in the three Local Limited Partnerships of $1,798,000, and
$154,000 in loans receivable.  Liabilities at June 30, 2000 primarily  consisted
of $265,000  due to limited  partnerships  and  $655,000  in advances  and other
payables due to the General Partner or affiliates.

Results of Operations

The Partnership  commenced  operations on September 3, 1999. As a result,  there
are no  comparative  results of  operations  or financial  condition  from prior
periods to report. Net income for the period ended June 30, 2000 was principally
composed  of  interest  income,  offset  by  amortization  and  other  operating
expenses.

Cash Flows

Cash flows  provided by operating  activities for the period ended June 30, 2000
included  interest  income from cash  investments  less  miscellaneous  costs of
operations.  Cash flows  provided by financing  activities  for the period ended
June  30,  2000  primarily  consisted  of  proceeds  from  the  sale of Units of
$3,316,000  (net of promissory  notes of $474,000,  subscriptions  receivable of
$686,000,  and dealer and volume  discounts of $8,000),  less offering  expenses
paid of $253,000.  Cash flows used in investing  activities consisted of capital
contributions  paid to Local Limited  Partnerships  of $482,000 and  capitalized
acquisition fees and costs totaling $1,000.

Since June 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 June
30,  2000,  to be  sufficient  to meet all  currently  foreseeable  future  cash
requirements.

                                       13


<PAGE>
Impact of Year 2000

WNC & Associates, Inc.

Status of Readiness

Information Technology (IT) Systems. The Partnership relies on the IT systems of
WNC, its general partner. IT systems include computer hardware and software used
to produce  financial  reports and tax return  information.  This information is
then used to generate  reports to investors and regulatory  agencies,  including
the Internal Revenue Service and the Securities and Exchange Commission.  The IT
systems of WNC are year 2000 compliant.

Non-IT Systems. The Partnership also relies on the non-IT systems of WNC. Non-IT
systems  include  machinery and  equipment  such as  telephones,  voice mail and
electronic postage equipment. The non-IT systems of WNC are year 2000 compliant.

Service  Providers.  WNC also  relies on the IT and  non-IT  systems  of service
providers. Service providers include utility companies,  financial institutions,
telecommunications carriers,  municipalities, and other outside vendors. WNC has
obtained verbal assurances from its material service providers (electrical power
provider,  financial institutions and telecommunications carriers) that their IT
and non-IT systems are year 2000  compliant.  To date,  WNC has not  encountered
significant year 2000 issues or business disruptions from its service providers.

Costs to Address Year 2000 Issues

The cost to address year 2000 issues for WNC has been less than $25,000.

Risk of Year 2000 Issues

Although WNC has  encountered no  significant  year 2000 issue to date, the most
reasonable  and likely result from  non-year  2000  compliance of systems of the
service  providers  noted  above  would be the  disruption  of  normal  business
operations for WNC. This disruption could, in turn, lead to delays in performing
reporting and fiduciary responsibilities on behalf of the Partnership. The worst
case scenario would be the replacement of a service provider. These delays would
likely  be  temporary  and  would  likely  not  have a  material  effect  on the
Partnership or WNC.

Local Limited Partnerships

Status of Readiness

To date, WNC and the  Partnership  have  encountered  no  significant  year 2000
issues with respect to the Local Limited Partnerships.

Costs to Address Year 2000 Issues

There has been and will be no cost to the  Partnership  as a result of assessing
year 2000 issues for the Local  Limited  Partnerships.  Although no  significant
year 2000 issues have been  encountered to date, the cost to deal with potential
year 2000 issues of the Local Limited  Partnerships  cannot be estimated at this
time.

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<PAGE>

Risk of Year 2000 Issues

Although no significant  year 2000 issues have been  encountered to date,  there
can be no assurance that the Partnership will be unaffected by year 2000 issues.
The most  reasonable and likely result from non-year 2000 compliance will be the
disruption of normal  business  operations  for the Local Limited  Partnerships,
including but not limited to the possible  failure to properly collect rents and
meet their obligations in a timely manner.  This disruption would, in turn, lead
to  delays  by the  Local  Limited  Partnerships  in  performing  reporting  and
fiduciary responsibilities on behalf of the Partnership. The worst-case scenario
would  include the  initiation  of  foreclosure  proceedings  on the property by
mortgage debt holders.  Under these  circumstances,  WNC or its affiliates  will
take  actions  necessary  to minimize  the risk of  foreclosure,  including  the
removal and  replacement of a Local General  Partner by the  Partnership.  These
delays would likely be temporary and would likely not have a material  effect on
the Partnership or WNC.

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

          NONE

                                       15

<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: August 15, 2000



By:  /s/ Michael L. Dickenson
Michael L. Dickenson,
Vice President - Chief Financial Officer of WNC & Associates, Inc.

Date: August 15, 2000




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