**Exhibit23**

 

REPORT OF INDEPENDENTREGISTERED PUBLIC ACCOUNTING FIRM

 

To the Partners

Derby HousingAssociates Limited Partnership

 

We have auditedthe accompanying balance sheets of Derby Housing Associates Limited Partnership(“Partnership”) as of December 31, 2008 and the related statements ofoperations, partners’ equity and cash flows for the years then ended. Thesefinancial statements are the responsibility of the partnership’s management.Our responsibility is to express an opinion on these financial statements basedon our audits.  The financial statementsof Derby Housing Associates Limited Partnership for the year ended December 31,2007, were audited by other auditors whose report thereon, dated February 15,2008, expressed an unqualified opinion.

 

We conducted ouraudits in accordance with the Standards of the Public Company AccountingOversight Board (United States). Those standards require that we plan andperform the audit to obtain reasonable assurance about whether the financialstatements are free of material misstatement. The Partnership has determinedthat it is not required to have, nor were we engaged to perform, an audit ofits internal control over financial reporting. Our audit included considerationof internal control over financial reporting as a basis for designing auditprocedures that are appropriate in the circumstances, but not for the purposeof expressing an opinion on the effectiveness of the Partnership’s internalcontrol over financial reporting. Accordingly, we express no such opinion. Anaudit includes examining, on a test basis, evidence supporting the amounts anddisclosures in the financial statements. An audit also includes assessing theaccounting principles used and significant estimates made by management, aswell as evaluating the overall financial statement presentation. We believethat our audits provide a reasonable basis for our opinion.

 

In our opinion,the financial statements referred to above present fairly, in all materialrespects, the financial position of Derby Housing Associates LimitedPartnership as of December 31, 2008 and the results of its operations,changes in partners’ equity and its cash flows for the years then ended, inconformity with accounting principles generally accepted in the United Statesof America.

 

 

Summers,Spencer & Callison, CPAs, Chartered

Topeka,Kansas

 

February 14,2009

 

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REPORT OF INDEPENDENTREGISTERED PUBLIC ACCOUNTING FIRM

 

To the Partners

SiouxFalls Housing Associates Two Limited Partnership

 

We have auditedthe accompanying balance sheets of Sioux Falls Housing Associates Two LimitedPartnership (“Partnership”) as of December 31, 2007 and 2006, and therelated statements of operations, partners’ equity and cash flows for the yearsthen ended. These financial statements are the responsibility of thePartnership’s management. Our responsibility is to express an opinion on thesefinancial statements based on our audits.

 

We conducted ouraudits in accordance with the Standards of the Public Company AccountingOversight Board (United States). Those standards require that we plan andperform the audit to obtain reasonable assurance about whether the financialstatements are free of material misstatement. The Partnership has determinedthat it is not required to have, nor were we engaged to perform, an audit ofits internal control over financial reporting. Our audit included considerationof internal control over financial reporting as a basis for designing auditprocedures that are appropriate in the circumstances, but not for the purposeof expressing an opinion on the effectiveness of the Partnership’s internalcontrol over financial reporting. Accordingly, we express no such opinion. Anaudit includes examining, on a test basis, evidence supporting the amounts anddisclosures in the financial statements. An audit also includes assessing theaccounting principles used and significant estimates made by management, aswell as evaluating the overall financial statement presentation. We believethat our audits provide a reasonable basis for our opinion.

 

In our opinion,the financial statements referred to above present fairly, in all materialrespects, the financial position of Sioux Falls Housing Associates Two LimitedPartnership as of December 31, 2007 and 2006, and the results of itsoperations, changes in partners’ equity and its cash flows for the years thenended, in conformity with accounting principles generally accepted in theUnited States of America.

 

 

Mayer HoffmanMcCann P.C. 

Topeka, Kansas

 

February 15,2008

 

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REPORTOF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

 

To the Partners

Derby HousingAssociates Limited Partnership

 

We have auditedthe accompanying balance sheets of Derby Housing Associates Limited Partnership(“Partnership”) as of December 31, 2007 and 2006, and the relatedstatements of operations, partners’ equity and cash flows for the years thenended. These financial statements are the responsibility of the partnership’smanagement. Our responsibility is to express an opinion on these financial statementsbased on our audits.

 

We conducted ouraudits in accordance with the Standards of the Public Company AccountingOversight Board (United States). Those standards require that we plan andperform the audit to obtain reasonable assurance about whether the financialstatements are free of material misstatement. The Partnership has determinedthat it is not required to have, nor were we engaged to perform, an audit ofits internal control over financial reporting. Our audit included considerationof internal control over financial reporting as a basis for designing auditprocedures that are appropriate in the circumstances, but not for the purposeof expressing an opinion on the effectiveness of the Partnership’s internalcontrol over financial reporting. Accordingly, we express no such opinion. Anaudit includes examining, on a test basis, evidence supporting the amounts anddisclosures in the financial statements. An audit also includes assessing theaccounting principles used and significant estimates made by management, aswell as evaluating the overall financial statement presentation. We believethat our audits provide a reasonable basis for our opinion.

 

tn our opinion,the financial statements referred to above present fairly, in all materialrespects, the financial position of Derby Housing Associates LimitedPartnership as of December 31, 2007 and 2006, and the results of itsoperations, changes in partners’ equity and its cash flows for the years thenended, in conformity with accounting principles generally accepted in theUnited States of America.

 

 

MayerHoffman McCann P.C. 

Topeka,Kansas

 

February 15,2008

 

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## Independent Auditors’ Report

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To the Partners of

CRESTWOOD RRH, LTD.

 

We have audited the accompanying balancesheets of CRESTWOOD RRH, LTD. as of December 31, 2007 and 2006,and the related statements of operations, changes in partners’ equity (deficit)and cash flows for the years then ended. These financial statements are the responsibility of the General Partnerand management of the Partnership.  Ourresponsibility is to express an opinion on these financial statements based onour audits.

 

We conducted our audits in accordance withthe Standards of the Public Accounting Oversight Board (United States).  Those standards require that we plan andperform the audit to obtain reasonable assurance about whether the financialstatements are free of material misstatement. The partnership has determined that it is not required to have, nor werewe engaged to perform, an audit of its internal control over financialreporting.  Our audit includedconsideration of internal control over financial reporting as a basis fordesigning audit procedures that are appropriate in the circumstances, but notfor the purpose of expressing an opinion on the effectiveness of thepartnership’s internal control over financial reporting.  Accordingly, we express no such opinion.  An audit includes examining, on a test basis,evidence supporting the amounts and disclosures in the financialstatements.  An audit also includesassessing the accounting principles used and significant estimates made bymanagement, as well as evaluating the overall financial statementpresentation.  We believe that our auditsprovide a reasonable basis for our opinion.

 

In our opinion, the financial statementsreferred to above present fairly in all material respects, the financialposition of CRESTWOOD RRH, LTD., as of December 31,2007 and 2006, and the results of its operations and its cash flows for theyears then ended in conformity with accounting principles generally accepted inthe United States of America.

 

Our audits were conducted for the purposeof forming an opinion on the basic financial statements taken as a whole.  The supplemental information is presented forthe purpose of additional analysis and is not a required part of the basicfinancial statements.  This supplementalinformation is the responsibility of the Partnership’s management.  Such information has been subjected to theauditing procedures applied in our audits of the basic financial statementsand, in our opinion, is fairly stated in all material respects when consideredin relation to the basic financial statements taken as a whole.

 

 

Pailet, Meunier andLeBlanc CPA

Metairie, LA

 

February 25, 2008

 

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