FORM 10-Q

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

(Mark One)

(X)   QUARTERLY REPORT PERSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF 1934.

For the quarterly period ended September 30, 2000

or

( )   TRANSITION REPORT PERSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _______ to _______
Commission file number        0-19443



BOSTON CAPITAL TAX CREDIT FUND II LIMITIED PARTNERSHIP(Exact name of registrant as specified in its charter)



|Delaware                          | 04-3066791         
|--------------------------------- | -------------------
|(State or other jurisdiction      | (I.R.S. Employer   
|of incorporation or organization) | Identification No.)



One Boston Place, Suite 2100, Boston, Massachusetts  02108(Address of principal executive offices)           (Zip Code)

Registrants telephone number, including area code (617)624-8900

(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceeding 12 months (or for such shorter period
that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.



|Yes | X |  | No | _
|--- | - |  | -- | -









BOSTON CAPITAL TAX CREDIT FUND II LIMITED PARTNERSHIP



QUARTERLY REPORT ON FORM 10-QFOR THE QUARTER ENDED September 30, 2000



TABLE OF CONTENTS

FOR THE QUARTER ENDED SEPTEMBER 30, 2000

BALANCE SHEETS

Series  7

Series  9

Series 10

Series 11

Series 12

Series 14

STATEMENTS OF OPERATIONS

Three Months Ended SEPTEMBER 30,

Series  7

Series  9

Series 10

Series 11

Series 12

Series 14

STATEMENTS OF CHANGES IN PARTNERS CAPITAL	16

Series  7	17

Series  9	17

Series 10	18

Series 11	18

Series 12	19

Series 14	19

STATEMENTS OF CASH FLOWS	20

THREE Months Ended SEPTEMBER 30,	20

Series  7	*

Series  9	24

Series 10	26

Series 11	28

Series 12

Series 14

NOTES TO FINANCIAL STATEMENTS

NOTE A - ORGANIZATION

NOTE B - ACCOUNTING AND FINANCIAL REPORTING POLICIES

Investment Securities

Cost

NOTE C - RELATED PARTY TRANSACTIONS	34

NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS	35

COMBINED SUMMARIZED STATEMENTS OF OPERATIONS	37

Series  7	37

Series  9	38

Series 10	39

Series 11	40

Series 12	*

Series 14

Liquidity	54

Capital Resources	54

Results of Operations	55

PART II - OTHER INFORMATION	60

SIGNATURES	61



Boston Capital Tax Credit Fund II Limited Partnership
BALANCE SHEETS



|                                                                                                                                                 | September 30,
2000
(Unaudited) | March 31,
2000
(Audited)
|------------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------ | ------------------------
|ASSETS                                                                                                                                           |                                |                         
|INVESTMENTS IN OPERATING PARTNERSHIPS (Note D)                                                                                                   | $ 43,803,469                   | $ 46,636,873            
|                                                                                                                                                 |                                |                         
|OTHER ASSETS                                                                                                                                     |                                |                         
|Cash and cash equivalents                                                                                                                        | 1,408,746                      | 1,512,272               
|                                                                                                                                                 |                                |                         
|Notes receivable                                                                                                                                 | 543,584                        | 543,584                 
|Deferred acquisition costs (Note B)                                                                                                              | 1,068,356                      | 1,092,637               
|Other assets                                                                                                                                     | 854,990                        | 799,453                 
|                                                                                                                                                 | $47,679,145                    | $50,584,819             
|                                                                                                                                                 |                                |                         
|LIABILITIES                                                                                                                                      |                                |                         
|                                                                                                                                                 |                                |                         
|Accounts payable                                                                                                                                 | $      1,380                   | $      1,380            
|Accounts payable affiliates (Note C)                                                                                                             | 20,743,636                     | 19,467,919              
|Capital contributions payable (Note D)                                                                                                           | 261,103                        | 261,103                 
|                                                                                                                                                 | 21,006,119                     | 19,730,402              
|                                                                                                                                                 |                                |                         
|PARTNERS' CAPITAL                                                                                                                                |                                |                         
|                                                                                                                                                 |                                |                         
|Limited Partners

Units of limited partnership
Interest, $10 stated value per BAC;
20,000,000 authorized BACs;
18,679,738 issued and outstanding | 28,023,009                     | 32,162,586              
|General Partner                                                                                                                                  | (1,349,983)                    | (1,308,169)             
|                                                                                                                                                 | 26,673,026                     | 30,854,417              
|                                                                                                                                                 | $47,679,145                    | $50,584,819             













The accompanying notes are an integral part of this statement

Boston Capital Tax Credit Fund II Limited Partnership
BALANCE SHEETS

Series7



|                                                                                                                                                         | September 30,
2000
(Unaudited) | March 31,
2000
(Audited)
|-------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------ | ------------------------
|ASSETS                                                                                                                                                   |                                |                         
|INVESTMENTS IN OPERATING
   PARTNERSHIPS(Note D)                                                                                                         | $604,512                       | $705,120                
|                                                                                                                                                         |                                |                         
|OTHER ASSETS                                                                                                                                             |                                |                         
|Cash and cash equivalents                                                                                                                                | 6,270                          | 4,929                   
|                                                                                                                                                         |                                |                         
|Notes receivable                                                                                                                                         | -                              | -                       
|Deferred acquisition costs (Note B)                                                                                                                      | -                              | -                       
|Other assets                                                                                                                                             | 60,604                         | 57,517                  
|                                                                                                                                                         | $671,386                       | $767,566                
|                                                                                                                                                         |                                |                         
|LIABILITIES                                                                                                                                              |                                |                         
|                                                                                                                                                         |                                |                         
|Accounts payable                                                                                                                                         | $        -                     | $         -             
|Accounts payable affiliates (Note C)                                                                                                                     | 1,228,539                      | 1,155,639               
|Capital contributions payable (Note D)                                                                                                                   | -                              | -                       
|                                                                                                                                                         | 1,228,539                      | 1,155,639               
|                                                                                                                                                         |                                |                         
|PARTNERS' CAPITAL                                                                                                                                        |                                |                         
|                                                                                                                                                         |                                |                         
|Limited Partners
Units of limited partnership 
   interest, $10 stated value per
   BAC; 20,000,000 authorized BACs;
   1,036,100 issued and outstanding | (461,655)                      | (294,266)               
|General Partner                                                                                                                                          | (95,498)                       | (93,807)                
|                                                                                                                                                         | (557,153)                      | (388,073)               
|                                                                                                                                                         | $671,386                       | $767,566                

The accompanying notes are an integral part of this statement

Boston Capital Tax Credit Fund II Limited Partnership
BALANCE SHEETS

Series9



|                                                                                                                                                            | September 30,
2000
(Unaudited) | March 31,
2000
(Audited)
|----------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------ | ------------------------
|ASSETS                                                                                                                                                      |                                |                         
|INVESTMENTS IN OPERATING
   PARTNERSHIPS (Note D)                                                                                                           | $6,948,146                     | $7,491,734              
|                                                                                                                                                            |                                |                         
|OTHER ASSETS                                                                                                                                                |                                |                         
|Cash and cash equivalents                                                                                                                                   | 341,756                        | 335,866                 
|                                                                                                                                                            |                                |                         
|Notes receivable                                                                                                                                            | -                              | -                       
|Deferred acquisition costs (Note B)                                                                                                                         | 19,138                         | 19,572                  
|Other assets                                                                                                                                                | 204,874                        | 204,244                 
|                                                                                                                                                            | $7,513,914                     | $8,051,416              
|                                                                                                                                                            |                                |                         
|LIABILITIES                                                                                                                                                 |                                |                         
|                                                                                                                                                            |                                |                         
|Accounts payable                                                                                                                                            | $         -                    | $         -             
|Accounts payable affiliates (Note C)                                                                                                                        | 4,896,625                      | 4,608,729               
|Capital contributions payable (Note D)                                                                                                                      | -                              | -                       
|                                                                                                                                                            | 4,896,625                      | 4,608,729               
|                                                                                                                                                            |                                |                         
|PARTNERS' CAPITAL                                                                                                                                           |                                |                         
|Limited Partners
Units of limited partnership    
   Interest, $10 stated value per
   BAC; 20,000,000 authorized BACs;
   4,178,029 issued and outstanding | 2,951,456                      | 3,768,600               
|General Partner                                                                                                                                             | (334,167)                      | (325,913)               
|                                                                                                                                                            |                                |                         
|                                                                                                                                                            | 2,617,289                      | 3,442,687               
|                                                                                                                                                            | $7,513,914                     | $8,051,416              

The accompanying notes are an integral part of this statement

Boston Capital Tax Credit Fund II Limited Partnership
BALANCE SHEETSSeries 10



|                                                                                                                                                                   | September 30,
2000
(Unaudited) | March 31,
2000
(Audited)
|------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------ | ------------------------
|ASSETS                                                                                                                                                             |                                |                         
|INVESTMENTS IN OPERATING 
   PARTNERSHIPS (Note D)                                                                                                                 | $6,591,693                     | $6,885,117              
|                                                                                                                                                                   |                                |                         
|OTHER ASSETS                                                                                                                                                       |                                |                         
|Cash and cash equivalents                                                                                                                                          | 113,261                        | 121,866                 
|                                                                                                                                                                   |                                |                         
|Notes receivable                                                                                                                                                   | -                              | -                       
|Deferred acquisition costs (Note B)                                                                                                                                | 75,710                         | 77,431                  
|Other assets                                                                                                                                                       | 40,091                         | 42,154                  
|                                                                                                                                                                   | $6,820,755                     | $7,126,568              
|                                                                                                                                                                   |                                |                         
|LIABILITIES                                                                                                                                                        |                                |                         
|                                                                                                                                                                   |                                |                         
|Accounts payable                                                                                                                                                   | $        -                     | $         -             
|Accounts payable affiliates (Note C)                                                                                                                               | 3,228,252                      | 3,050,496               
|Capital contributions payable (Note D)                                                                                                                             | -                              | -                       
|                                                                                                                                                                   | 3,228,252                      | 3,050,496               
|                                                                                                                                                                   |                                |                         
|PARTNERS' CAPITAL                                                                                                                                                  |                                |                         
|                                                                                                                                                                   |                                |                         
|Limited Partners 
  
   Units of limited partnership    
   Interest, $10 stated value per
   BAC; 20,000,000 authorized BACs;
   2,428,925 issued and outstanding | 3,767,391                      | 4,246,124               
|General Partner                                                                                                                                                    | (174,888)                      | (170,052)               
|                                                                                                                                                                   | 3,592,503                      | 4,076,072               
|                                                                                                                                                                   | $6,820,755                     | $7,126,568              

The accompanying notes are an integral part of this statement

Boston Capital Tax Credit Fund II Limited Partnership
BALANCE SHEETSSeries 11



|                                                                                                                                                                   | September 30,
2000
(Unaudited) | March 31,
2000
(Audited)
|------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------ | ------------------------
|ASSETS                                                                                                                                                             |                                |                         
|INVESTMENTS IN OPERATING
PARTNERSHIPS (NOTE D)                                                                                                                     | $ 7,653,981                    | $ 8,097,883             
|                                                                                                                                                                   |                                |                         
|OTHER ASSETS                                                                                                                                                       |                                |                         
|Cash and cash equivalents                                                                                                                                          | 374,403                        | 389,019                 
|                                                                                                                                                                   |                                |                         
|Notes receivable                                                                                                                                                   | -                              | -                       
|Deferred acquisition costs (Note B)                                                                                                                                | 38,374                         | 39,247                  
|Other assets                                                                                                                                                       | 65,533                         | 68,870                  
|                                                                                                                                                                   | $8,132,291                     | $8,595,019              
|                                                                                                                                                                   |                                |                         
|LIABILITIES                                                                                                                                                        |                                |                         
|                                                                                                                                                                   |                                |                         
|Accounts payable                                                                                                                                                   | $          -                   | $          -            
|Accounts payable affiliates (Note C)                                                                                                                               | 2,440,354                      | 2,277,513               
|Capital contributions payable (Note D)                                                                                                                             | 22,528                         | 22,528                  
|                                                                                                                                                                   | 2,462,882                      | 2,300,041               
|                                                                                                                                                                   |                                |                         
|PARTNERS' CAPITAL                                                                                                                                                  |                                |                         
|                                                                                                                                                                   |                                |                         
|Limited Partners 
  
   Units of limited partnership    
   Interest, $10 stated value per
   BAC; 20,000,000 authorized BACs;
   2,489,599 issued and outstanding | 5,827,400                      | 6,446,713               
|General Partner                                                                                                                                                    | (157,991)                      | (151,735)               
|                                                                                                                                                                   | 5,669,409                      | 6,294,978               
|                                                                                                                                                                   | $8,132,291                     | $8,595,019              

The accompanying notes are an integral part of this statement

Boston Capital Tax Credit Fund II Limited Partnership
BALANCE SHEETSSeries 12



|                                                                                                                                                                   | September 30,
2000
(Unaudited) | March 31,
2000
(Audited)
|------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------ | ------------------------
|ASSETS                                                                                                                                                             |                                |                         
|INVESTMENTS IN OPERATING
   PARTNERSHIPS (NOTE D)                                                                                                                  | $ 7,738,006                    | $ 8,296,388             
|                                                                                                                                                                   |                                |                         
|OTHER ASSETS                                                                                                                                                       |                                |                         
|Cash and cash equivalents                                                                                                                                          | 46,459                         | 68,437                  
|                                                                                                                                                                   |                                |                         
|Notes receivable                                                                                                                                                   | -                              | -                       
|Deferred acquisition costs (Note B)                                                                                                                                | 292,970                        | 299,628                 
|Other assets                                                                                                                                                       | 105,927                        | 105,927                 
|                                                                                                                                                                   | $8,183,362                     | $8,770,380              
|                                                                                                                                                                   |                                |                         
|LIABILITIES                                                                                                                                                        |                                |                         
|                                                                                                                                                                   |                                |                         
|Accounts payable                                                                                                                                                   | $         -                    | $         -             
|Accounts payable affiliates (Note C)                                                                                                                               | 3,064,113                      | 2,868,059               
|Capital contributions payable (Note D)                                                                                                                             | 11,405                         | 11,405                  
|                                                                                                                                                                   | 3,075,518                      | 2,879,464               
|                                                                                                                                                                   |                                |                         
|PARTNERS' CAPITAL                                                                                                                                                  |                                |                         
|                                                                                                                                                                   |                                |                         
|Limited Partners 
  
   Units of limited partnership    
   Interest, $10 stated value per
   BAC; 20,000,000 authorized BACs;
   2,972,795 issued and outstanding | 5,314,025                      | 6,089,266               
|General Partner                                                                                                                                                    | (206,181)                      | (198,350)               
|                                                                                                                                                                   | 5,107,844                      | 5,890,916               
|                                                                                                                                                                   | $8,183,362                     | $8,770,380              

The accompanying notes are an integral part of this statement



Boston Capital Tax Credit Fund II Limited Partnership
BALANCE SHEETSSeries 14



|                                                                                                                                                                   | September 30,
2000
(Unaudited) | March 31,
2000
(Audited)
|------------------------------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------ | ------------------------
|ASSETS                                                                                                                                                             |                                |                         
|INVESTMENTS IN OPERATING
   PARTNERSHIPS (NOTE D)                                                                                                                  | $14,267,131                    | $ 15,160,631            
|                                                                                                                                                                   |                                |                         
|OTHER ASSETS                                                                                                                                                       |                                |                         
|Cash and cash equivalents                                                                                                                                          | 526,597                        | 592,155                 
|                                                                                                                                                                   |                                |                         
|Notes receivable                                                                                                                                                   | 543,584                        | 543,584                 
|Deferred acquisition costs (Note B)                                                                                                                                | 642,164                        | 656,759                 
|Other assets                                                                                                                                                       | 377,961                        | 320,741                 
|                                                                                                                                                                   | $16,357,437                    | $17,273,870             
|                                                                                                                                                                   |                                |                         
|LIABILITIES                                                                                                                                                        |                                |                         
|                                                                                                                                                                   |                                |                         
|Accounts payable                                                                                                                                                   | $     1,380                    | $      1,380            
|Accounts payable affiliates (Note C)                                                                                                                               | 5,885,753                      | 5,507,483               
|Capital contributions payable (Note D)                                                                                                                             | 227,170                        | 227,170                 
|                                                                                                                                                                   | 6,114,303                      | 5,736,033               
|                                                                                                                                                                   |                                |                         
|PARTNERS' CAPITAL                                                                                                                                                  |                                |                         
|                                                                                                                                                                   |                                |                         
|Limited Partners 
  
   Units of limited partnership    
   Interest, $10 stated value per
   BAC; 20,000,000 authorized BACs;
   5,574,290 issued and outstanding | 10,624,393                     | 11,906,149              
|General Partner                                                                                                                                                    | (381,259)                      | (368,312)               
|                                                                                                                                                                   | 10,243,134                     | 11,537,837              
|                                                                                                                                                                   | $16,357,437                    | $17,273,870             

The accompanying notes are an integral part of this statement

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





|                                                     | 2000         | 1999        
|---------------------------------------------------- | ------------ | ------------
|                                                     |              |             
|Income                                               |              |             
|Interest income                                      | $     13,112 | $     14,169
|Other income                                         | -            | 16,650      
|                                                     | 13,112       | 30,819      
|                                                     |              |             
|Share of loss from Operating 
  Partnerships(Note D) | (1,093,345)  | (1,423,204) 
|                                                     |              |             
|Expenses                                             |              |             
|                                                     |              |             
|Fund management fee (Note C)                         | 615,801      | 586,884     
|Amortization                                         | 12,139       | 12,139      
|General and administrative expenses                  | 154,076      | 201,233     
|                                                     | 782,016      | 800,256     
|                                                     |              |             
|NET LOSS                                             | $(1,862,249) | $(2,192,641)
|                                                     |              |             
|Net loss allocated to limited partners               | $(1,843,627) | $(2,170,715)
|                                                     |              |             
|Net loss allocated general partner                   | $(18,622)    | $(21,926    
|                                                     |              |             
|Net loss per BAC                                     | $(.59)       | $(.69)      
|                                                     |              |             

The accompanying notes are an integral part of this statement

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

Series7



|                                                     | 2000      | 1999     
|---------------------------------------------------- | --------- | ---------
|                                                     |           |          
|Income                                               |           |          
|Interest income                                      | $     20  | $    47  
|Other income                                         | -         | -        
|                                                     | 20        | 47       
|                                                     |           |          
|Share of loss from Operating 
  Partnerships(Note D) | (50,914)  | (53,170) 
|                                                     |           |          
|Expenses                                             |           |          
|                                                     |           |          
|Fund management fee (Note C)                         | 28,287    | 25,287   
|Amortization                                         | -         | -        
|General and administrative expenses                  | 8,880     | 12,755   
|                                                     | 37,167    | 38,042   
|                                                     |           |          
|NET LOSS                                             | $(88,061) | $(91,165)
|                                                     |           |          
|Net loss allocated to limited partners               | $(87,180) | $(90,253)
|                                                     |           |          
|Net loss allocated general partner                   | $(881)    | $(912)   
|                                                     |           |          
|Net loss per BAC                                     | $.08)     | $(.09)   
|                                                     |           |          

The accompanying notes are an integral part of this statement



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

Series9



|                                                     | 2000       | 1999      
|---------------------------------------------------- | ---------- | ----------
|                                                     |            |           
|Income                                               |            |           
|Interest income                                      | $    2,810 | $    2,363
|Other income                                         | -          | 8,700     
|                                                     | 2,810      | 11,063    
|                                                     |            |           
|Share of loss from Operating 
  Partnerships(Note D) | (245,687)  | (327,261) 
|                                                     |            |           
|Expenses                                             |            |           
|                                                     |            |           
|Fund management fee (Note C)                         | 140,446    | 139,170   
|Amortization                                         | 217        | 217       
|General and administrative expenses                  | 22,686     | 34,424    
|                                                     | 163,349    | 173,811   
|                                                     |            |           
|NET LOSS                                             | $(406,226) | $(490,009)
|                                                     |            |           
|Net loss allocated to limited partners               | $(402,164) | $(485,109)
|                                                     |            |           
|Net loss allocated general partner                   | $(4,062)   | $(4,900)  
|                                                     |            |           
|Net loss per BAC                                     | $(.10)     | $(.12)    
|                                                     |            |           

The accompanying notes are an integral part of this statement

Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF OPERATIONS
Three Months Ended September 30,    
(Unaudited)Series10



|                                                     | 2000        | 1999       
|---------------------------------------------------- | ----------- | -----------
|                                                     |             |            
|Income                                               |             |            
|Interest income                                      | $     1,370 | $     1,397
|Other income                                         | -           | 7,800      
|                                                     | 1,370       | 9,197      
|                                                     |             |            
|Share of loss from Operating 
  Partnerships(Note D) | (89,466)    | (123,703)  
|                                                     |             |            
|Expenses                                             |             |            
|                                                     |             |            
|Fund management fee (Note C)                         | 81,694      | 83,242     
|Amortization                                         | 860         | 860        
|General and administrative expenses                  | 20,663      | 30,621     
|                                                     | 103,217     | 114,723    
|                                                     |             |            
|NET LOSS                                             | $(191,313)  | $(229,229) 
|                                                     |             |            
|Net loss allocated to limited partners               | $(189,400)  | $(226,937) 
|                                                     |             |            
|Net loss allocated general partner                   | $(1,913)    | $(7,630)   
|                                                     |             |            
|Net loss per BAC                                     | $(.08)      | $(.15)     
|                                                     |             |            

The accompanying notes are an integral part of this statement

Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF OPERATIONS
Three Months Ended September 30,    
(Unaudited)Series 11



|                                                     | 2000        | 1999       
|---------------------------------------------------- | ----------- | -----------
|                                                     |             |            
|Income                                               |             |            
|Interest Income                                      | $     2,929 | $     3,396
|                                                     | -           | -          
|                                                     | 2,929       | 3,396      
|                                                     |             |            
|Share of loss from Operating 
  Partnerships(Note D) | (198,643)   | (285,381)  
|                                                     |             |            
|Expenses                                             |             |            
|                                                     |             |            
|Fund management fee (Note C)                         | 81,420      | 80,670     
|Amortization                                         | 436         | 436        
|General and administrative expenses                  | 20,313      | 29,354     
|                                                     | 102,169     | 110,460    
|                                                     |             |            
|NET LOSS                                             | $(297,883)  | $(392,445) 
|                                                     |             |            
|Net loss allocated to limited partners               | $(294,904)  | $(388,521) 
|                                                     |             |            
|Net loss allocated general partner                   | $(2,979)    | $(3,924)   
|                                                     |             |            
|Net loss per BAC                                     | $(.12)      | $(.16)     
|                                                     |             |            

The accompanying notes are an integral part of this statement

Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF OPERATIONS
Three Months Ended September 30,       
(Unaudited)Series 12



|                                                     | 2000         | 1999       
|---------------------------------------------------- | ------------ | -----------
|                                                     |              |            
|Income                                               |              |            
|Interest income                                      | $        376 | $       312
|Other income                                         | -            | 150        
|                                                     | 376          | 462        
|                                                     |              |            
|Share of loss from Operating 
  Partnerships(Note D) | (212,014)    | (214,428)  
|                                                     |              |            
|Expenses                                             |              |            
|                                                     |              |            
|Fund management fee (Note C)                         | 95,817       | 93,817     
|Amortization                                         | 3,329        | 3,329      
|General and administrative expenses                  | 29,514       | 40,246     
|                                                     | 128,660      | 137,392    
|                                                     |              |            
|NET LOSS                                             | $(340,298)   | $(351,358) 
|                                                     |              |            
|Net loss allocated to limited partners               | $(336,895)   | $(347,844) 
|                                                     |              |            
|Net loss allocated general partner                   | $(3,403)     | $(3,514)   
|                                                     |              |            
|Net loss per BAC                                     | $(.11)       | $(.12)     
|                                                     |              |            

The accompanying notes are an integral part of this statement

Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF OPERATIONS
Three Months Ended September 30,       
(Unaudited)Series 14



|                                                     | 2000         | 1999       
|---------------------------------------------------- | ------------ | -----------
|                                                     |              |            
|Income                                               |              |            
|Interest income                                      | $      5,607 | $     6,654
|Other income                                         | -            | -          
|                                                     | 5,607        | 6,654      
|                                                     |              |            
|Share of loss from Operating 
  Partnerships(Note D) | (296,621)    | (419,261)  
|                                                     |              |            
|Expenses                                             |              |            
|                                                     |              |            
|Fund management fee (Note C)                         | 188,137      | 164,698    
|Amortization                                         | 7,297        | 7,297      
|General and administrative expenses                  | 52,020       | 53,833     
|                                                     | 247,454      | 225,828    
|                                                     |              |            
|NET LOSS                                             | $(538,468)   | $(638,435) 
|                                                     |              |            
|Net loss allocated to limited partners               | $(533,083)   | $(632,051) 
|                                                     |              |            
|Net loss allocated general partner                   | $(5,385)     | $(6,384)   
|                                                     |              |            
|Net loss per BAC                                     | $(.10)       | $(.11)     
|                                                     |              |            

The accompanying notes are an integral part of this statement

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



|                                                     | 2000         | 1999        
|---------------------------------------------------- | ------------ | ------------
|                                                     |              |             
|Income                                               |              |             
|Interest income                                      | $     25,936 | $     29,826
|Other income                                         | 3,613        | 20,390      
|                                                     | 29,549       | 50,216      
|                                                     |              |             
|Share of loss from Operating 
  Partnerships(Note D) | (2,824,440)  | 3,422,713   
|                                                     |              |             
|Expenses                                             |              |             
|                                                     |              |             
|Fund management fee (Note C)                         | 1,144,322    | 1,143,986   
|Amortization                                         | 24,281       | 24,281      
|General and administrative expenses                  | 217,897      | 269,419     
|                                                     | 1,386,500    | 1,437,686   
|                                                     |              |             
|NET LOSS                                             | $4,181,391   | $(4,810,183)
|                                                     |              |             
|Net loss allocated to limited partners               | $4,139,577   | $(4,762,081)
|                                                     |              |             
|Net loss allocated general partner                   | $41,814      | $(48,102)   
|                                                     |              |             
|Net loss per BAC                                     | $(1.31)      | $(1.45)     
|                                                     |              |             

The accompanying notes are an integral part of this statement



Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF OPERATIONS
Six Months Ended September 30,       
(Unaudited)Series 7



|                                                     | 2000        | 1999       
|---------------------------------------------------- | ----------- | -----------
|                                                     |             |            
|Income                                               |             |            
|Interest income                                      | $        60 | $        96
|Other income                                         | -           | -          
|                                                     | 60          | 96         
|                                                     |             |            
|Share of loss from Operating 
  Partnerships(Note D) | (100,608)   | 130,501    
|                                                     |             |            
|Expenses                                             |             |            
|                                                     |             |            
|Fund management fee (Note C)                         | 53,574      | 53,574     
|Amortization                                         | -           | -          
|General and administrative expenses                  | 14,958      | 15,247     
|                                                     | 68,532      | 68,821     
|                                                     |             |            
|NET LOSS                                             | $(169,080)  | $(199,226) 
|                                                     |             |            
|Net loss allocated to limited partners               | $(167,389)  | $(197,234) 
|                                                     |             |            
|Net loss allocated general partner                   | $(1,691)    | $(1,992)   
|                                                     |             |            
|Net loss per BAC                                     | $(.16)      | $(.19)     
|                                                     |             |            

The accompanying notes are an integral part of this statement



Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF OPERATIONS
Six Months Ended September 30,       
(Unaudited)Series 9



|                                                     | 2000        | 1999         
|---------------------------------------------------- | ----------- | -------------
|                                                     |             |              
|Income                                               |             |              
|Interest income                                      | $     5,666 | $       6,127
|Other income                                         | 2,329       | 11,190       
|                                                     | 7,995       | 17,317       
|                                                     |             |              
|Share of loss from Operating 
  Partnerships(Note D) | (540,537)   | (712,009)    
|                                                     |             |              
|Expenses                                             |             |              
|                                                     |             |              
|Fund management fee (Note C)                         | 260,006     | 267,000      
|Amortization                                         | 435         | 435          
|General and administrative expenses                  | 32,415      | 46,104       
|                                                     | 292,856     | 313,359      
|                                                     |             |              
|NET LOSS                                             | $(825,398)  | $(1,008,231) 
|                                                     |             |              
|Net loss allocated to limited partners               | $(817,144)  | $(998,149)   
|                                                     |             |              
|Net loss allocated general partner                   | $(8,254)    | $(10,082)    
|                                                     |             |              
|Net loss per BAC                                     | $(.20)      | $(.24)       
|                                                     |             |              

The accompanying notes are an integral part of this statement



Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)Series 10



|                                                     | 2000       | 1999       
|---------------------------------------------------- | ---------- | -----------
|                                                     |            |            
|Income                                               |            |            
|Interest income                                      | $    2,640 | $     2,501
|Other income                                         | -          | 7,950      
|                                                     | 2,640      | 10,451     
|                                                     |            |            
|Share of loss from Operating 
  Partnerships(Note D) | (293,072)  | (214,962)  
|                                                     |            |            
|Expenses                                             |            |            
|                                                     |            |            
|Fund management fee (Note C)                         | 163,229    | 168,620    
|Amortization                                         | 1,721      | 1,721      
|General and administrative expenses                  | 28,187     | 38,201     
|                                                     | 193,137    | 208,542    
|                                                     |            |            
|NET LOSS                                             | $(483,569) | $(413,053) 
|                                                     |            |            
|Net loss allocated to limited partners               | $(478,733) | $(408,922) 
|                                                     |            |            
|Net loss allocated general partner                   | $(4,836)   | $(4,131)   
|                                                     |            |            
|Net loss per BAC                                     | $(.20)     | $(.17)     
|                                                     |            |            

The accompanying notes are an integral part of this statement



Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF OPERATIONS
Six Months Ended September 30,       
(Unaudited)Series 11



|                                                     | 2000        | 1999       
|---------------------------------------------------- | ----------- | -----------
|                                                     |             |            
|Income                                               |             |            
|Interest income                                      | $     5,716 | $     6,793
|Other income                                         | -           | 916        
|                                                     | 5,716       | 7,709      
|                                                     |             |            
|Share of loss from Operating 
  Partnerships(Note D) | (443,904)   | (506,121)  
|                                                     |             |            
|Expenses                                             |             |            
|                                                     |             |            
|Fund management fee (Note C)                         | 159,540     | 156,000    
|Amortization                                         | 872         | 872        
|General and administrative expenses                  | 26,969      | 35,170     
|                                                     | 187,381     | 192,042    
|                                                     |             |            
|NET LOSS                                             | $(625,569)  | $(690,454,)
|                                                     |             |            
|Net loss allocated to limited partners               | $(619,313)  | $(683,549) 
|                                                     |             |            
|Net loss allocated general partner                   | $(6,256)    | $(6,905)   
|                                                     |             |            
|Net loss per BAC                                     | $(.25)      | $(.28)     
|                                                     |             |            

The accompanying notes are an integral part of this statement



Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF OPERATIONS
Six Months Ended September 30,       
(Unaudited)Series 12



|                                                     | 2000       | 1999       
|---------------------------------------------------- | ---------- | -----------
|                                                     |            |            
|Income                                               |            |            
|Interest income                                      | $      775 | $       773
|Other income                                         | -          | 300        
|                                                     | 775        | 1,073      
|                                                     |            |            
|Share of loss from Operating 
  Partnerships(Note D) | (557,659)  | (528,259)  
|                                                     |            |            
|Expenses                                             |            |            
|                                                     |            |            
|Fund management fee (Note C)                         | 172,909    | 182,019    
|Amortization                                         | 6,658      | 6,658      
|General and administrative expenses                  | 46,621     | 47,965     
|                                                     | 226,188    | 236,642    
|                                                     |            |            
|NET LOSS                                             | $(783,072) | $(763,828) 
|                                                     |            |            
|Net loss allocated to limited partners               | $(775,241) | $(756,190) 
|                                                     |            |            
|Net loss allocated general partner                   | $(7,831)   | $(7,638)   
|                                                     |            |            
|Net loss per BAC                                     | $(.26)     | $(.26)     
|                                                     |            |            

The accompanying notes are an integral part of this statement

Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF OPERATIONS
Six Months Ended September 30,       
(Unaudited)Series 14



|                                                     | 2000         | 1999        
|---------------------------------------------------- | ------------ | ------------
|                                                     |              |             
|Income                                               |              |             
|Interest income                                      | $    11,079  | $     13,536
|Other income                                         | 1,284        | 34          
|                                                     | 12,363       | 13,570      
|                                                     |              |             
|Share of loss from Operating 
  Partnerships(Note D) | (888,660)    | (1,330,861) 
|                                                     |              |             
|Expenses                                             |              |             
|                                                     |              |             
|Fund management fee (Note C)                         | 335,064      | 316,773     
|Amortization                                         | 14,595       | 14,595      
|General and administrative expenses                  | 68,747       | 86,732      
|                                                     | 418,406      | 418,100     
|                                                     |              |             
|NET LOSS                                             | $(1,294,703) | $(1,735,391)
|                                                     |              |             
|Net loss allocated to limited partners               | $(1,281,756) | $(1,718,037)
|                                                     |              |             
|Net loss allocated general partner                   | $(12,947)    | $(17,354)   
|                                                     |              |             
|Net loss per BAC                                     | $(.23)       | $(.31)      
|                                                     |              |             

The accompanying notes are an integral part of this statement

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



|                                                    | Assignees    | General
Partner | Total       
|--------------------------------------------------- | ------------ | --------------- | ------------
|                                                    |              |                 |             
|Partners' capital 
 (deficit)
  April 1, 2000       | $ 32,162,586 | $ (1,308,169)   | $ 30,854,417
|                                                    |              |                 |             
|                                                    |              |                 |             
|Net income (loss)                                   | (4,139,577)  | (41,814)        | (4,181,391) 
|                                                    |              |                 |             
|Partners' capital 
 (deficit),
  September 30, 2000 | $28,023,009  | $(1,349,983)    | $26,673,026 
|                                                    |              |                 |             

The accompanying notes are an integral part of this statement

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

Six Months Ended September 30,    
(Unaudited)



|                                                   | Assignees   | General
Partner | Total      
|-------------------------------------------------- | ----------- | --------------- | -----------
|Series7                                            |             |                 |            
|Partners' capital 
 (deficit)
  April 1, 2000      | $ (294,266) | $  (93,807)     | $ (388,073)
|                                                   |             |                 |            
|                                                   |             |                 |            
|Net income (loss)                                  | (167,389)   | (1,691)         | (169,080)  
|                                                   |             |                 |            
|Partners' capital 
 (deficit)
  September 30, 2000 | $(461,655)  | $(95,498)       | $(557,153) 
|                                                   |             |                 |            
|                                                   |             |                 |            
|Series9                                            |             |                 |            
|Partners' capital 
 (deficit)
  April 1, 2000      | $ 3,768,600 | $ (325,913)     | $ 3,442,687
|                                                   |             |                 |            
|                                                   |             |                 |            
|Net income (loss)                                  | (817,144)   | (8,254)         | (825,398)  
|                                                   |             |                 |            
|Partners' capital 
 (deficit)
  September 30, 2000 | $2,951,456  | $(334,167)      | $2,617,289 
|                                                   |             |                 |            

The accompanying notes are an integral part of these statements.

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

Six Months Ended September 30,     
(Unaudited)



|                                                   | Assignees   | General
Partner | Total      
|-------------------------------------------------- | ----------- | --------------- | -----------
|Series 10                                          |             |                 |            
|Partners' capital 
 (deficit)
  April 1, 2000      | $ 4,246,124 | $ (170,052)     | $ 4,076,072
|                                                   |             |                 |            
|                                                   |             |                 |            
|Net income (loss)                                  | (478,733)   | (4,836)         | (483,569)  
|                                                   |             |                 |            
|Partners' capital 
 (deficit)
  September 30, 2000 | $3,767,391  | $(174,888)      | $ 3,592,503
|                                                   |             |                 |            
|                                                   |             |                 |            
|Series 11                                          |             |                 |            
|Partners' capital 
 (deficit)
  April 1, 2000      | $ 6,446,713 | $ (151,735)     | $ 6,294,978
|                                                   |             |                 |            
|                                                   |             |                 |            
|Net income (loss)                                  | (619,313)   | (6,256)         | (625,569)  
|                                                   |             |                 |            
|Partners' capital 
 (deficit)
  September 30, 2000 | $5,827,400  | $(157,991)      | $5,669,409 
|                                                   |             |                 |            

The accompanying notes are an integral part of this statement

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



|                                                   | Assignees    | General
Partner | Total       
|-------------------------------------------------- | ------------ | --------------- | ------------
|Series 12                                          |              |                 |             
|Partners' capital 
 (deficit)
  April 1, 2000      | $  6,089,266 | $  (198,350)    | $ 5,890,916 
|                                                   |              |                 |             
|                                                   |              |                 |             
|Net income (loss)                                  | (775,241)    | (7,831)         | (783,072)   
|                                                   |              |                 |             
|Partners' capital 
 (deficit)
  September 30, 2000 | $5,314,025   | $(206,181)      | $5,107,844  
|Series 14                                          |              |                 |             
|Partners' capital 
 (deficit)
  April 1, 2000      | $ 11,906,149 | $   (368,312)   | $ 11,537,837
|                                                   |              |                 |             
|                                                   |              |                 |             
|Net income (loss)                                  | (1,281,756)  | (12,947)        | (1,294,703) 
|                                                   |              |                 |             
|Partners' capital 
 (deficit)
  September 30, 2000 | $10,624,393  | $(381,259)      | $10,243,134 
|                                                   |              |                 |             

The accompanying notes are an integral part of this statement



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



|                                                             | 2000         | 1999        
|------------------------------------------------------------ | ------------ | ------------
|Cash Flows from operating activities:                        |              |             
|                                                             |              |             
|Net Loss                                                     | $(4,181,391) | $(4,810,183)
|Adjustments                                                  |              |             
|Distributions from Operating
        Partnerships            | 8,965        | 20,175      
|Amortization                                                 | 24,281       | 24,281      
|Share of Loss from Operating
        Partnerships            | 2,824,440    | 3,422,713   
|Changes in assets and liabilities                            |              |             
|(Decrease) Increase in accounts
        payable              | 1,275,716    | 1,390,243   
|Decrease (Increase) in other
        assets                  | (55,537)     | (42,163)    
|Decrease (Increase) in prepaid
        expenses              | -            | (117,602)   
|                                                             |              |             
|Net cash (used in) provided by 
        Operating activities | (103,526)    | (112,536)   
|                                                             |              |             
|                                                             |              |             
|Cash Flows from investing activities:                        |              |             
|                                                             |              |             
|Capital contributions paid to 
     Operating Partnerships   | -            | (104,590)   
|Advances (made to) repaid from
     Operating Partnerships   | -            | -           
|                                                             |              |             
|Net cash (used in) provided by
     investing activities     | -            | (104,590)   

The accompanying notes are an integral part of this statement



Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF CASH FLOWS

Six months Ended September 30,
(Unaudited)



|                                                                               | 2000       | 1999      
|------------------------------------------------------------------------------ | ---------- | ----------
|                                                                               |            |           
|Continued                                                                      |            |           
|                                                                               |            |           
|Cash flows from financing activity:                                            |            |           
|                                                                               |            |           
|Credit adjusters received from
     (refunded to) Operating
      Partnerships | -          | (6,743)   
|                                                                               |            |           
|Net cash (used in)provided by
        financing activity                       | -          | (6,743)   
|                                                                               |            |           
|                                                                               |            |           
|INCREASE (DECREASE) IN CASH AND
        CASH EQUIVALENTS                       | (103,526)  | (223,869) 
|                                                                               |            |           
|Cash and cash equivalents, beginning                                           | 1,512,272  | 1,590,545 
|                                                                               |            |           
|Cash and cash equivalents, ending                                              | $1,408,746 | $1,366,676
|                                                                               |            |           

The accompanying notes are an integral part of this statement



Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF CASH FLOWS
Six Months Ended September 30,
(Unaudited)Series7



|                                                             | 2000       | 1999       
|------------------------------------------------------------ | ---------- | -----------
|Cash Flows from operating activities:                        |            |            
|                                                             |            |            
|Net Loss                                                     | $(169,080) | $ (199,226)
|Adjustments                                                  |            |            
|Distributions from Operating
        Partnerships            | -          | -          
|Amortization                                                 | -          | -          
|Share of Loss from Operating
        Partnerships            | 100,608    | 130,501    
|Changes in assets and liabilities                            |            |            
|(Decrease) Increase in accounts
        payable              | 72,900     | 77,172     
|Decrease (Increase) in other
        assets                  | (3,087)    | (10,858)   
|Decrease (Increase) in prepaid
        expenses              | -          | -          
|                                                             |            |            
|Net cash (used in) provided by 
        operating activities | 1,341      | (2,411)    
|                                                             |            |            
|                                                             |            |            
|Cash Flows from investing activities:                        |            |            
|                                                             |            |            
|Capital contributions paid to 
     Operating Partnerships   | -          | -          
|Advances (made to) repaid from
     Operating Partnerships   | -          | -          
|                                                             |            |            
|Net cash (used in) provided by
     investing activities     | -          | -          

The accompanying notes are an integral part of this statement

Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF CASH FLOWS
Six Months Ended September 30, 
(Unaudited)Series 7



|                                                                               | 2000   | 1999   
|------------------------------------------------------------------------------ | ------ | -------
|                                                                               |        |        
|Continued                                                                      |        |        
|                                                                               |        |        
|Cash flows from financing activity:                                            |        |        
|                                                                               |        |        
|Credit adjusters received from
     (refunded to) Operating
      Partnerships | -      | -      
|                                                                               |        |        
|Net cash (used in)provided by
        financing activity                       | -      | -      
|                                                                               |        |        
|                                                                               |        |        
|INCREASE (DECREASE) IN CASH AND
        CASH EQUIVALENTS                       | 1,341  | (2,411)
|                                                                               |        |        
|Cash and cash equivalents, beginning                                           | 4,929  | 8,529  
|                                                                               |        |        
|Cash and cash equivalents, ending                                              | $6,270 | $6,118 
|                                                                               |        |        

The accompanying notes are an integral part of this statement

Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF CASH FLOWS
Six Months Ended September 30,
(Unaudited)Series9



|                                                            | 2000       | 1999        
|----------------------------------------------------------- | ---------- | ------------
|Cash Flows from operating activities:                       |            |             
|                                                            |            |             
|Net Loss                                                    | $(825,398) | $(1,008,231)
|Adjustments                                                 |            |             
|Distributions from Operating
        Partnerships           | 3,050      | 1,046       
|Amortization                                                | 435        | 435         
|Share of Loss from Operating
        Partnerships           | 540,537    | 712,009     
|Changes in assets and liabilities                           |            |             
|(Decrease) Increase in accounts
        payable             | 287,896    | 287,892     
|Decrease (Increase) in other
        assets                 | (630)      | (33,738)    
|Decrease (Increase) in prepaid
        expenses             | -          | -           
|                                                            |            |             
|Net cash (used in) provided by
        operating activities | 5,890      | (40,587)    
|                                                            |            |             
|                                                            |            |             
|Cash Flows from investing activities:                       |            |             
|                                                            |            |             
|Capital contributions paid to 
     Operating Partnerships  | -          | (4,590)     
|Advances (made to) repaid from
     Operating Partnerships  | -          | -           
|                                                            |            |             
|Net cash (used in) provided by
     investing activities    | -          | (4,590)     

The accompanying notes are an integral part of this statement

Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF CASH FLOWS
Six Months Ended September 30,
(Unaudited)Series 9



|                                                                               | 2000     | 1999    
|------------------------------------------------------------------------------ | -------- | --------
|                                                                               |          |         
|Continued                                                                      |          |         
|                                                                               |          |         
|Cash flows from financing activity:                                            |          |         
|                                                                               |          |         
|Credit adjusters received from
     (refunded to)Operating 
      Partnerships | -        | -       
|                                                                               |          |         
|Net cash (used in)provided by
        financing activity                       | -        | -       
|                                                                               |          |         
|                                                                               |          |         
|INCREASE (DECREASE) IN CASH AND
        CASH EQUIVALENTS                       | 5,890    | (45,177)
|                                                                               |          |         
|Cash and cash equivalents, beginning                                           | 335,866  | 396,237 
|                                                                               |          |         
|Cash and cash equivalents, ending                                              | $341,756 | $351,060
|                                                                               |          |         

The accompanying notes are an integral part of this statement



Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF CASH FLOWS
Six Months Ended September 30,
(Unaudited)Series10



|                                                             | 2000         | 1999        
|------------------------------------------------------------ | ------------ | ------------
|Cash Flows from operating activities:                        |              |             
|                                                             |              |             
|Net Loss                                                     | $  (483,569) | $  (413,053)
|Adjustments                                                  |              |             
|Distributions from Operating
        Partnerships            | 352          | 683         
|Amortization                                                 | 1,721        | 1,721       
|Share of Loss from Operating
        Partnerships            | 293,072      | 214,962     
|Changes in assets and liabilities                            |              |             
|(Decrease) Increase in accounts
        payable              | 177,756      | 177,756     
|(Decrease) Increase in other
        assets                  | 2,063        | 2,427       
|Decrease (Increase) in prepaid
        expenses              | -            | -           
|                                                             |              |             
|Net cash (used in) provided by 
        operating activities | (8,605)      | 15,504      
|                                                             |              |             
|                                                             |              |             
|Cash Flows from investing activities:                        |              |             
|                                                             |              |             
|Capital contributions paid to 
     Operating Partnerships   | -            | -           
|Advances (made to) repaid from
     Operating Partnerships   | -            | -           
|                                                             |              |             
|Net cash (used in) provided by
     Investing activities     | -            | -           

The accompanying notes are an integral part of this statement

Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF CASH FLOWS
Six Months Ended September 30,
(Unaudited)Series 10



|                                                                                | 2000     | 1999    
|------------------------------------------------------------------------------- | -------- | --------
|                                                                                |          |         
|Continued                                                                       |          |         
|                                                                                |          |         
|Cash flows from financing activity:                                             |          |         
|                                                                                |          |         
|Credit adjusters received from
     (refunded to) Operating 
      Partnerships | -        | (7,350) 
|                                                                                |          |         
|Net cash (used in)provided by
        financing activity                        | -        | (7,350) 
|                                                                                |          |         
|                                                                                |          |         
|INCREASE (DECREASE) IN CASH AND
        CASH EQUIVALENTS                        | (8,605)  | (22,854)
|                                                                                |          |         
|Cash and cash equivalents, beginning                                            | 121,866  | 118,099 
|                                                                                |          |         
|Cash and cash equivalents, ending                                               | $113,261 | $95,245 
|                                                                                |          |         

The accompanying notes are an integral part of this statement

Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF CASH FLOWS
Six Months Ended September 30,
(Unaudited)Series 11



|                                                             | 2000       | 1999      
|------------------------------------------------------------ | ---------- | ----------
|Cash Flows from operating activities:                        |            |           
|                                                             |            |           
|Net Loss                                                     | $(625,569) | $(690,454)
|Adjustments                                                  |            |           
|Distributions from Operating
        Partnerships            | -          | 35        
|Amortization                                                 | 872        | 872       
|Share of Loss from Operating
        Partnerships            | 443,904    | 506,121   
|Changes in assets and liabilities                            |            |           
|(Decrease) Increase in accounts
        payable              | 162,840    | 162,840   
|Decrease (Increase) in other
        assets                  | 3,337      | 6         
|Decrease (Increase) in prepaid
        expenses              | -          | -         
|                                                             |            |           
|Net cash (used in) provided by 
        operating activities | (14,616)   | (20,580)  
|                                                             |            |           
|                                                             |            |           
|Cash Flows from investing activities:                        |            |           
|                                                             |            |           
|Capital contributions paid to 
     Operating Partnerships   | -          | -         
|Advances (made to) repaid from 
     Operating Partnerships  | -          | -         
|                                                             |            |           
|Net cash (used in) provided by
     investing activities     | -          | -         

The accompanying notes are an integral part of this statement

Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)Series 11



|                                                                                | 2000     | 1999    
|------------------------------------------------------------------------------- | -------- | --------
|                                                                                |          |         
|Continued                                                                       |          |         
|                                                                                |          |         
|Cash flows from financing activity:                                             |          |         
|                                                                                |          |         
|Credit adjusters received from
     (refunded to) Operating 
      Partnerships | -        | -       
|                                                                                |          |         
|Net cash (used in)provided by
        financing activity                        | -        | -       
|                                                                                |          |         
|                                                                                |          |         
|INCREASE (DECREASE) IN CASH AND
        CASH EQUIVALENTS                        | (14,616) | (20,580)
|                                                                                |          |         
|Cash and cash equivalents, beginning                                            | 389,019  | 316,711 
|                                                                                |          |         
|Cash and cash equivalents, ending                                               | $374,403 | $296,131
|                                                                                |          |         

The accompanying notes are an integral part of this statement

Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF CASH FLOWS
Six Months Ended September 30,
(Unaudited)Series 12



|                                                             | 2000         | 1999        
|------------------------------------------------------------ | ------------ | ------------
|Cash Flows from operating activities:                        |              |             
|                                                             |              |             
|Net Loss                                                     | $  (783,072) | $  (763,828)
|Adjustments                                                  |              |             
|Distributions from Operating
        Partnerships            | 723          | (5,579)     
|Amortization                                                 | 6,658        | 6,658       
|Share of Loss from Operating
        Partnerships            | 557,659      | 528,259     
|Changes in assets and liabilities                            |              |             
|(Decrease) Increase in accounts
        payable              | 196,054      | 198,966     
|(Decrease) Increase in other
        assets                  | -            | -           
|Decrease (Increase) in prepaid
        expenses              | -            | -           
|                                                             |              |             
|Net cash (used in) provided by 
        operating activities | (21,978)     | (35,524)    
|                                                             |              |             
|                                                             |              |             
|Cash Flows from investing activities:                        |              |             
|                                                             |              |             
|Capital contributions paid to 
     Operating Partnerships   | -            | -           
|Advances (made to) repaid from
     Operating Partnerships   | -            | -           
|                                                             |              |             
|Net cash (used in) provided by
     investing activities     | -            | -           

The accompanying notes are an integral part of this statement

Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF CASH FLOWS
Six Months Ended September 30,
(Unaudited)Series 12

|                                                                                | 2000     | 1999    
|------------------------------------------------------------------------------- | -------- | --------
|                                                                                |          |         
|Continued                                                                       |          |         
|                                                                                |          |         
|Cash flows from financing activity:                                             |          |         
|                                                                                |          |         
|Credit adjusters received from
     (refunded to) Operating 
      Partnerships | -        | -       
|                                                                                |          |         
|Net cash (used in)provided by
        financing activity                        | -        | -       
|                                                                                |          |         
|                                                                                |          |         
|INCREASE (DECREASE) IN CASH AND
        CASH EQUIVALENTS                        | (21,978) | (35,524)
|                                                                                |          |         
|Cash and cash equivalents, beginning                                            | 68,437   | 82,710  
|                                                                                |          |         
|Cash and cash equivalents, ending                                               | $46,459  | $47,186 
|                                                                                |          |         

The accompanying notes are an integral part of this statement

Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF CASH FLOWS
Six Months Ended September 30,
(Unaudited)Series 14



|                                                             | 2000        | 1999        
|------------------------------------------------------------ | ----------- | ------------
|Cash Flows from operating activities:                        |             |             
|                                                             |             |             
|Net Loss                                                     | (1,294,703) | $(1,735,391)
|Adjustments                                                  |             |             
|Distributions from Operating
        Partnerships            | 4,840       | 23,990      
|Amortization                                                 | 14,595      | 14,595      
|Share of Loss from Operating
        Partnerships            | 888,660     | 1,330,861   
|Changes in assets and liabilities                            |             |             
|(Decrease) Increase in accounts
        payable              | 378,270     | 485,617     
|(Decrease) Increase in other 
        assets                 | (57,220)    | (117,602)   
|Decrease (Increase) in prepaid
        expenses              | -           | -           
|                                                             |             |             
|Net cash (used in) provided by 
        operating activities | (65,558)    | 2,070       
|                                                             |             |             
|                                                             |             |             
|Cash Flows from investing activities:                        |             |             
|                                                             |             |             
|Capital contributions paid to 
     Operating Partnerships   | -           | (100,000)   
|Advances (made to) repaid from
     Operating Partnerships   | -           | -           
|                                                             |             |             
|Net cash (used in) provided by
     investing activities     | -           | (100,000)   

The accompanying notes are an integral part of this statement

Boston Capital Tax Credit Fund II Limited Partnership
STATEMENTS OF CASH FLOWS
Six Months Ended September 30,
(Unaudited)Series 14

|                                                                                | 2000     | 1999    
|------------------------------------------------------------------------------- | -------- | --------
|                                                                                |          |         
|Continued                                                                       |          |         
|                                                                                |          |         
|Cash flows from financing activity:                                             |          |         
|                                                                                |          |         
|Credit adjusters received from
     (refunded to) Operating 
      Partnerships | -        | 607     
|                                                                                |          |         
|Net cash (used in)provided by
        financing activity                        | -        | 607     
|                                                                                |          |         
|                                                                                |          |         
|INCREASE (DECREASE) IN CASH AND
        CASH EQUIVALENTS                        | (65,558) | (97,323)
|                                                                                |          |         
|Cash and cash equivalents, beginning                                            | 592,155  | 668,259 
|                                                                                |          |         
|Cash and cash equivalents, ending                                               | $526,597 | $570,936
|                                                                                |          |         

The accompanying notes are an integral part of this statement

Boston Capital Tax Credit Fund II Limited Partnership

NOTES TO FINANCIAL STATEMENTS
September 30, 2000
(Unaudited)

NOTE A - ORGANIZATION

Boston Capital Tax Credit Fund II Limited Partnership (the "Partnership") was
formed under the laws of the State of Delaware as of June 28, 1989, for the
purpose of acquiring, holding, and disposing of limited partnership interests
in operating partnerships which will acquire, develop, rehabilitate, operate
and own newly constructed, existing or rehabilitated low-income apartment
complexes ("Operating Limited Partnerships").  The general partner of the
Partnership is Boston Capital Associates II Limited Partnership and the
limited partner is BCTC II Assignor Corp. (the "Assignor Limited Partner").

Pursuant to the Securities Act of 1933, the Partnership filed a Form S-11
Registration Statement with the Securities and Exchange Commission, effective
October 25, 1989, which covered the offering (the "Public Offering") of the
Partnership's beneficial assignee certificates ("BACs") representing
assignments of units of the beneficial interest of the limited partnership
interest of the Assignor Limited Partner.  The Partnership registered
20,000,000 BACs at $10 per BAC for sale to the public in six series.  The
Partnership sold 1,036,100 of Series 7 BACs, 4,178,029 of Series 9 BACs,
2,428,925 of Series 10 BACs, 2,489,599 of Series 11 BACs, 2,972,795 of Series
12 BACs, and 5,574,290 of Series 14 BACs. The Partnership issued the
last BACs in Series 14 on January 27, 1992.  This concluded the Public
Offering of the Partnership.

NOTE B - ACCOUNTING AND FINANCIAL REPORTING POLICIES

The condensed financial statements included herein as of September 30, 2000
and for the three and six months then ended have been prepared by the Partnership, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission.  No BACs with respect to Series 8 and Series 13 were offered.  The
Partnership accounts for its investments in Operating Partnerships using the equity method, whereby the partnership adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or
accrued.

Boston Capital Tax Credit Fund II Limited Partnership
NOTES TO FINANCIAL STATEMENTS (CONTINUED)

September 30, 2000
 (Unaudited)

NOTE - B ACCOUNTING AND FINANCIAL REPORTING POLICIES - CONTINUED

Costs incurred by the Partnership in acquiring the investments in 
Operating Partnerships are capitalized to the investment account.  The 
Partnership's accounting and financial reporting policies are in conformity with generally accepted accounting principles and include adjustments in interim periods considered necessary for a fair presentation of the results of 
operations.  Such adjustments are of a normal recurring nature.  Certain 
information and footnote disclosures normally included in financial statements 
prepared in accordance with generally accepted accounting principles have been 
condensed or omitted pursuant  to such rules and regulations.  It is suggested 
that these  condensed financial statements be read in conjunction with the
financial statements and the notes thereto included in the Partnership Annual
Report on Form 10-K.

On July 1, 1995, the Partnership began amortizing unallocated acquisition
costs over 330 months from April 1, 1995.  As of September 30, 2000, the
Partnership has accumulated unallocated acquisition amortization totaling
$267,089.  The breakdown of accumulated unallocated acquisition amortization
within the Partnership as of June 30, 2000 for Series 9, Series 10,
Series 11, Series 12, and Series 14 is $4,784, $18,928, $9,594, $73,242, and
$160,541, respectively.

NOTE C - RELATED PARTY TRANSACTIONS

The Partnership has entered into several transactions with various affiliates of the general partner, including Boston Capital Partners, Inc., and Boston Capital Asset Management Limited Partnership as follows:

An annual partnership management fee based on .5 percent of the aggregate
cost of all apartment complexes owned by the Operating Partnerships has been
accrued to Boston Capital Asset Management Limited Partnership.  The 
partnership management fee accrued for the quarters ended September 30, 2000 and 1999 are as follows:

















Boston Capital Tax Credit Fund II Limited Partnership

NOTES TO FINANCIAL STATEMENTS (CONTINUED)

September 30, 2000
(Unaudited)

NOTE C - RELATED PARTY TRANSACTIONS (CONTINUED):



|          | 2000     | 1999    
|--------- | -------- | --------
|Series 7  | $28,287  | $28,287 
|Series 9  | 143,946  | 143,946 
|Series 10 | 88,878   | 88,878  
|Series 11 | 81,420   | 81,420  
|Series 12 | 95,817   | 95,817  
|Series 14 | 189,135  | 189,135 
|          |          |         
|          | $627,483 | $627,483

Accounts payable - affiliates at September 30, 2000 and 1999 represents
accrued general and administrative expenses, partnership management fees,
and advances from an affiliate of the general partner, which are payable to
Boston Capital Partners, Inc., and Boston Capital Asset Management Limited
Partnership.

As of September 30, 2000, an affiliate of the general partner advanced a
total of $310,346 to the Partnership to pay certain operating expenses and 
make advances and/or loans to Operating Partnerships. There was $15,101 of advances made to series 7 during the quarter ended September 30, 2000. Below is a table that breaks down by series the advances as of September 30, 2000.



|          | 2000    
|--------- | --------
|Series 7  | $140,447
|Series 12 | 62,550  
|Seires 14 | 107,349 
|          |         
|          | $310,346

These advances are included in Accounts payable-affiliates.  These advances, and any additional advances, will be paid, without interest, from available cash flow or the proceeds of sales or refinancing of the Partnership's interests in Operating
Partnerships.

Boston Capital Tax Credit Fund II Limited Partnership

NOTES TO FINANCIAL STATEMENTS (CONTINUED)  
September 30, 2000
(Unaudited)

NOTE D - INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS

At September 30, 2000 and 1999 the Partnership had limited partnership
interests in 309 Operating Partnerships which own apartment complexes. The 
number of Operating Partnerships in which the Partnership had limited 
partnership interests at September 30, 2000 and 1999 by series is as follows:



|          | 2000 | 1999
|--------- | ---- | ----
|Series 7  | 15   | 15  
|Series 9  | 55   | 55  
|Series 10 | 45   | 45  
|Series 11 | 40   | 40  
|Series 12 | 53   | 53  
|Series 14 | 101  | 101 
|          |      |     
|          | 309  | 309 
|          |      |     



Under the terms of the Partnership's investment in each Operating
Partnership, the Partnership is required to make capital contributions to the
Operating Partnerships.  These contributions are payable in installments over
several years upon each Operating Partnership achieving specified levels of
construction and/or operations.

The contributions payable at September 30, 2000 and 1999 by series are as
follows:

|          | 2000     | 1999    
|--------- | -------- | --------
|Series 7  | $      - | $      -
|Series 9  | -        | 4,590   
|Series 10 | -        | -       
|Series 11 | 22,528   | 22,528  
|Series 12 | 11,405   | 11,405  
|Series 14 | 227,170  | 329,894 
|          |          |         
|          | $261,103 | $368,417
|          |          |         

The Partnership's fiscal year ends March 31 of each year, while all the

Operating Partnerships' fiscal years are the calendar year. Pursuant to the              provisions of each Operating Partnership Agreement, financial results for each of the Operating Partnerships are provided to the Partnership within 45 days after
the close of each Operating Partnership's quarterly period Accordingly, he current financial results available for the Operating Partnerships are for the six months ended June 30, 2000.













Boston Capital Tax Credit Fund II Limited Partnership

NOTES TO FINANCIAL STATEMENTS
September 30, 2000
(Unaudited)

NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS (continued)

COMBINED SUMMARIZED STATEMENTS OF OPERATIONS
Six months ended June 30,

(Unaudited)

Series7



|                                                                                      | 2000         | 1999        
|------------------------------------------------------------------------------------- | ------------ | ------------
|                                                                                      |              |             
|Revenues                                                                              |              |             
|Rental                                                                                | $  1,025,706 | $  1,017,594
|Interest and other                                                                    | 65,784       | 31,308      
|                                                                                      |              |             
|                                                                                      | 1,091,490    | 1,048,902   
|                                                                                      |              |             
|Expenses                                                                              |              |             
|Interest                                                                              | 374,480      | 337,308     
|Depreciation and amortization                                                         | 349,544      | 344,360     
|Operating expenses                                                                    | 714,142      | 659,359     
|                                                                                      | 1,438,166    | 1,341,027   
|                                                                                      |              |             
|NET LOSS                                                                              | $(346,676)   | $(292,125)  
|                                                                                      |              |             
|Net loss allocation to Boston  
   Capital Tax Credit Fund 
   II Limited Partnership | $(100,608)   | $(130,501)  
|                                                                                      |              |             
|                                                                                      |              |             
|Net loss allocated to other 
   Partners                                              | $(3,467)     | $(2,921)    
|                                                                                      |              |             
|Net loss suspended                                                                    | $(242,601)   | $(158,703)  

The Partnership accounts for its investments using the equity method of
accounting.  Under the equity method of accounting, the Partnership adjusts
its investment cost for its share of each Operating Partnerships results of
operations and for any distributions received or accrued.  However, the
Partnership recognizes individual operating losses only to the extent of
capital contributions.  Excess losses are suspended for use in future years to
offset excess income.

Boston Capital Tax Credit Fund II L.P.

NOTES TO FINANCIAL STATEMENTS
September 30, 2000
(Unaudited)

NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS (continued)

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

Series9



|                                                                                    | 2000          | 1999         
|----------------------------------------------------------------------------------- | ------------- | -------------
|                                                                                    |               |              
|Revenues                                                                            |               |              
|Rental                                                                              | $   5,218,243 | $   5,011,136
|Interest and other                                                                  | 210,470       | 196,973      
|                                                                                    |               |              
|                                                                                    | 5,428,713     | 5,208,109    
|                                                                                    |               |              
|Expenses                                                                            |               |              
|Interest                                                                            | 1,507,123     | 1,525,381    
|Depreciation and amortization                                                       | 1,851,340     | 1,883,291    
|Operating expenses                                                                  | 3,220,719     | 3,131,599    
|                                                                                    | 6,579,182     | 6,540,271    
|                                                                                    |               |              
|NET LOSS                                                                            | $(1,150,469)  | $(1,332,162) 
|                                                                                    |               |              
|Net loss allocation to Boston  
  Capital Tax Credit Fund 
  II Limited Partnership | $(540,537)    | $(712,009)   
|                                                                                    |               |              
|                                                                                    |               |              
|Net loss allocated to other 
   Partners                                            | $(11,505)     | $(13,322)    
|                                                                                    |               |              
|Net loss suspended                                                                  | $(598,427)    | $(606,831)   





The Partnership accounts for its investments using the equity method of
accounting.  Under the equity method of accounting, the Partnership adjusts
its investment cost for its share of each Operating Partnerships results of
operations and for any distributions received or accrued.  However, the
Partnership recognizes individual operating losses only to the extent of
capital contributions.  Excess losses are suspended for use in future years to
offset excess income.



Boston Capital Tax Credit Fund II L.P.

NOTES TO FINANCIAL STATEMENTS
September 30, 2000
(Unaudited)

NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS (continued)

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

Series 10

|                                                                                     | 2000         | 1999        
|------------------------------------------------------------------------------------ | ------------ | ------------
|                                                                                     |              |             
|Revenues                                                                             |              |             
|Rental                                                                               | $  3,825,300 | $  3,762,660
|Interest and other                                                                   | 208,295      | 134,801     
|                                                                                     |              |             
|                                                                                     | 4,033,595    | 3,897,461   
|                                                                                     |              |             
|Expenses                                                                             |              |             
|Interest                                                                             | 990,529      | 1,039,425   
|Depreciation and amortization                                                        | 1,289,232    | 1,187,052   
|Operating expenses                                                                   | 2,341,614    | 2,140,947   
|                                                                                     | 4,621,375    | 4,367,424   
|                                                                                     |              |             
|NET LOSS                                                                             | $(587,780)   | $(469,963)  
|                                                                                     |              |             
|Net loss allocation to Boston  
   Capital Tax Credit Fund 
  II Limited Partnership | $(293,072)   | $(214,962)  
|                                                                                     |              |             
|                                                                                     |              |             
|Net loss allocated to other 
   Partners                                             | $(5,878)     | $(4,700)    
|                                                                                     |              |             
|Net loss suspended                                                                   | $(288,830)   | $(250,301)  



The Partnership accounts for its investments using the equity method of
accounting.  Under the equity method of accounting, the Partnership adjusts
its investment cost for its share of each Operating Partnerships results of
operations and for any distributions received or accrued.  However, the
Partnership recognizes individual operating losses only to the extent of
capital contributions.  Excess losses are suspended for use in future years to
offset excess income.







Boston Capital Tax Credit Fund II Limited Partnership

NOTES TO FINANCIAL STATEMENTS
September 30, 2000
(Unaudited)

NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS (continued)

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

Series 11



|                                                                                     | 2000         | 1999        
|------------------------------------------------------------------------------------ | ------------ | ------------
|                                                                                     |              |             
|Revenues                                                                             |              |             
|Rental                                                                               | $  3,221,191 | $  3,205,233
|Interest and other                                                                   | 188,353      | 179,827     
|                                                                                     |              |             
|                                                                                     | 3,409,544    | 3,385,060   
|                                                                                     |              |             
|Expenses                                                                             |              |             
|Interest                                                                             | 924,346      | 1,014,757   
|Depreciation and amortization                                                        | 1,228,933    | 1,187,009   
|Operating expenses                                                                   | 2,150,526    | 2,027,086   
|                                                                                     | 4,303,805    | 4,228,852   
|                                                                                     |              |             
|NET LOSS                                                                             | $(894,261)   | $(843,792)  
|                                                                                     |              |             
|Net loss allocation to Boston  
   Capital Tax Credit Fund 
  II Limited Partnership | $(443,904)   | $(506,121)  
|                                                                                     |              |             
|                                                                                     |              |             
|Net loss allocated to other 
   Partners                                             | $(8,943)     | $(8,438)    
|                                                                                     |              |             
|Net loss suspended                                                                   | $(441,414)   | $(329,233)  







The Partnership accounts for its investments using the equity method of
accounting.  Under the equity method of accounting, the Partnership adjusts
its investment cost for its share of each Operating Partnerships results of
operations and for any distributions received or accrued.  However, the
Partnership recognizes individual operating losses only to the extent of
capital contributions.  Excess losses are suspended for use in future years to
offset excess income.



Boston Capital Tax Credit Fund II Limited Partnership

NOTES TO FINANCIAL STATEMENTS
September 30, 2000
(Unaudited)
NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS (continued)
COMBINED SUMMARIZED STATEMENTS OF OPERATIONS
Six months ended June 30,
(Unaudited)

Series 12

|                                                                                | 2000         | 1999        
|------------------------------------------------------------------------------- | ------------ | ------------
|                                                                                |              |             
|Revenues                                                                        |              |             
|Rental                                                                          | $  3,636,068 | $  3,482,366
|Interest and other                                                              | 135,011      | 151,988     
|                                                                                |              |             
|                                                                                | 3,771,079    | 3,634,354   
|                                                                                |              |             
|Expenses                                                                        |              |             
|Interest                                                                        | 964,970      | 998,698     
|Depreciation and amortization                                                   | 1,357,612    | 1,291,035   
|Operating expenses                                                              | 2,331,612    | 2,180,634   
|                                                                                | 4,654,194    | 4,470,367   
|                                                                                |              |             
|NET LOSS                                                                        | $(883,115)   | $(836,013)  
|                                                                                |              |             
|Net loss allocation to Boston
Capital Tax Credit Fund 
  II Limited Partnership | $(557,569)   | $(528,259)  
|                                                                                |              |             
|                                                                                |              |             
|Net loss allocated to other 
   Partners                                        | $(8,831)     | $(8,360)    
|                                                                                |              |             
|Net loss suspended                                                              | $(316,624)   | $(299,394)  







The Partnership accounts for its investments using the equity method of
accounting.  Under the equity method of accounting, the Partnership adjusts
its investment cost for its share of each Operating Partnerships results of
operations and for any distributions received or accrued.  However, the
Partnership recognizes individual operating losses only to the extent of
capital contributions.  Excess losses are suspended for use in future years to
offset excess income.



Boston Capital Tax Credit Fund II Limited Partnership

NOTES TO FINANCIAL STATEMENTS
September 30, 2000
(Unaudited)
NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS (continued)
COMBINED SUMMARIZED STATEMENTS OF OPERATIONS
Six months ended June 30,
(Unaudited)

Series 14

|                                                                                     | 2000          | 1999        
|------------------------------------------------------------------------------------ | ------------- | ------------
|                                                                                     |               |             
|Revenues                                                                             |               |             
|Rental                                                                               | $   7,625,069 | $  7,468,987
|Interest and other                                                                   | 383,600       | 312,578     
|                                                                                     |               |             
|                                                                                     | 8,008,669     | 7,781,565   
|                                                                                     |               |             
|Expenses                                                                             |               |             
|Interest                                                                             | 2,188,316     | 2,236,187   
|Depreciation and amortization                                                        | 2,502,544     | 2,863,178   
|Operating expenses                                                                   | 4,807,888     | 4,564,052   
|                                                                                     | 9,498,748     | 9,663,417   
|                                                                                     |               |             
|NET LOSS                                                                             | $(1,490,079)  | $(1,881,852)
|                                                                                     |               |             
|Net loss allocation to Boston  
   Capital Tax Credit Fund 
  II Limited Partnership | $(888,660)    | $(1,330,861)
|                                                                                     |               |             
|                                                                                     |               |             
|Net loss allocated to other 
   Partners                                             | $(14,901)     | $(18,819)   
|                                                                                     |               |             
|Net loss suspended                                                                   | $(586,508)    | $(532,172)  







The Partnership accounts for its investments using the equity method of
accounting.  Under the equity method of accounting, the Partnership adjusts
its investment cost for its share of each Operating Partnerships results of
operations and for any distributions received or accrued.  However, the
Partnership recognizes individual operating losses only to the extent of
capital contributions.  Excess losses are suspended for use in future years to
offset excess income.

Boston Capital Tax Credit Fund II Limited Partnership

NOTES TO FINANCIAL STATEMENTS (CONTINUED)
September 30, 2000
(Unaudited)

NOTE E - TAXABLE LOSS

The taxable loss for the year ended March 31, 2001 is expected to differ from its loss for financial reporting purposes. This is primarily due to accounting differences in depreciation incurred by the Operating Partnerships and also differences
between the equity method of accounting and the IRS accounting methods. No provision or benefit for income taxes has been included in these financial statements since taxable income or loss passes through to, and is reportable by, the partners and
assignees individually.























































































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

Liquidity
The Partnership's primary source of funds was the proceeds of its Public
Offering.  Other sources of liquidity include (i) interest earned on capital
contributions unpaid as of September 30, 2000 or on working capital reserves
and (ii) cash distributions from operations of the Operating Partnerships in
which the Partnership has invested in.  These sources of liquidity, along with
the Partnerships working capital reserve, are available to meet the
obligations of the Partnership.  The Partnership does not anticipate
significant cash distributions from operations of the Operating Partnerships. 
The Partnership currently is accruing the annual partnership management fee to
enable each series to meet current and future third party obligations.
Pursuant to the Partnership Agreement, such liabilities will be deferred until
the Partnership receives sales or refinancing proceeds from Operating
Partnerships, and at that time proceeds from such sales or refinancing will be
used to satisfy such liabilities.  The Partnership anticipates that there
will be sufficient cash to meet future third party obligations.

The Partnership has recognized other income as of September 30, 2000 in the amount of $3,613. This total represents distributions received from Operating 
Partnerships which the Partnership normally records as a decrease in the 
Investment in Operating Partnerships. Due to the equity method of accounting, 
the Partnership has recorded these distributions as other income.

The Partnership has recorded $355,675 as payable to affiliates, which 
represents advances to pay certain third party operating expenses, make 
advances and/or loans to Operating Partnerships, and accrued overhead 
allocations.  The breakout between series is: $153,634 in series 7, none in 
series 9 and 10, $401 in series 11, $94,291 in series 12, and $107,349 in series 14.  These and any future advances or accruals will be paid, without interest, from available cash flow, reporting fees, or proceeds of sales or refinancing of the
Partnership's interest in Operating Partnerships.

Capital Resources

The Partnership offered BACs in a Public offering declared effective by the
Securities and Exchange Commission on October 25, 1989.  The Partnership
received and accepted subscriptions for $186,337,017 representing 18,679,738
BACs from investors admitted as BAC Holders in Series 7 through Series 14
of the Partnership.









Capital Resources (continued)

As of September 30, 2000 the Partnership had $722,390 in remaining net 
offering proceeds.  Below is a table, which provides, by series, the equity 
raised, number of BAC's sold, final date BAC's were offered, of number of 
properties invested in, and remaining proceeds. All capital contributions have 
been paid by Series 7,9 and 10; proceeds remaining listed for these series 
represent current cash balance.

|Series | Equity       | BAC's      | Final Close Date | Number of Properties | Proceeds Remaining
|------ | ------------ | ---------- | ---------------- | -------------------- | ------------------
|7      | $ 10,361,000 | 1,036,100  | 12/29/89         | 15                   | $  6,270          
|9      | 41,574,018   | 4,178,029  | 05/04/90         | 55                   | 341,756           
|10     | 24,288,997   | 2,428,925  | 08/24/90         | 45                   | 113,261           
|11     | 24,735,002   | 2,489,599  | 12/27/90         | 40                   | 22,528            
|12     | 29,710,003   | 2,972,795  | 04/30/91         | 53                   | 11,405            
|14     | 55,728,997   | 5,574,290  | 01/27/92         | 101                  | 227,170           
|       |              |            |                  |                      |                   
|       | $186,398,017 | 18,679,738 |                  | 309                  | $722,390          
|       |              |            |                  |                      |                   

(Series 8)  No BAC's with respect to Series 8 were offered.

(Series 13)  No BAC's with respect to Series 13 were offered.

Results of Operations

As of September 30, 2000 and 1999 the Partnership held limited partnership
interests in 309 Operating Partnerships. In each instance the Apartment 
Complex owned by the applicable Operating Partnership is eligible for the 
Federal Housing Tax Credit.  Occupancy of a unit in each Apartment Complex 
which initially complied with the Minimum Set-Aside Test (i.e., occupancy by 
tenants with incomes equal to no more than a certain percentage of area median 
income) and the Rent Restriction Test (i.e., gross rent charged tenants does 
not exceed 30% of the applicable income standards) is referred to hereinafter 
as "Qualified Occupancy."  Each of the Operating Partnerships and each of the 
respective Apartment Complexes are described more fully in the Prospectus or 
adequate casualty insurance on the properties.

The Partnership incurs a partnership management fee to Boston Capital
Asset Management Limited Partnership in an amount equal to 0.5% of the
aggregate cost of the apartment complexes owned by the Operating Partnerships,
less the amount of certain asset management and reporting fees paid by the
Operating Partnerships. The annual partnership management fee is currently
being accrued.  It is anticipated that all outstanding fees will be repaid
from sale or refinancing proceeds.  The partnership management fees incurred for the quarters ended September 30, 2000 and 1999 were $615,801 and
$586,884, respectively.





The Partnership's investment objectives do not include receipt of significant
cash distributions from the Operating Partnerships in which it has invested.

The Partnership's investments in Operating Partnerships have been made 
principally with a view towards realization of Federal Housing Tax
Credits for allocation to its partners and BAC holders.

The General Partner and its affiliate, Boston Capital Asset Management 
Limited Partnership, monitor the operations of all the properties in the 
Partnership.  The Operating Partnerships that are mentioned in the following 
discussion of each series' results of operations are being closely monitored 
so as to improve the overall results of each series' operations.

(Series 7)  As of September 30, 2000 and 1999, the average Qualified Occupancy
for the series was 100% for both years.  The series had a total of 15 
properties all of which were 100% at September 30, 2000.

For the six months being reported the series reflects a net loss from the 
Operating Partnerships of $346,676. When adjusted for depreciation, which is
a non-cash item, the Operating Partnerships reflect positive operations of 
$2,868. This is an interim period estimate; it is not necessarily indicative 
of the final year end results.

As a result of poor occupancy at the property, the Operating Partnership, New
Holland Apartments Limited Partnership (New Holland Apartments.),suffers from
cash flow deficits and the senior mortgage is in default. In an effort to
address the delinquency, the Investment General Partner attempted to work with
the lender for more favorable terms, but to no avail. Due to the operating 
deficits and the mortgagor's unwillingness to work with the Investment General
Partner or to accept a deed in lieu of foreclosure, the bank moved to 
foreclose on the property. Due to a lack of perceived value in the vacant 
property, the bank decided against continuing its foreclosure proceeding at 
the present time. During this reprieve, the Investment General Partner is 
working to locate a not-for-profit entity with the hope of convincing the 
first mortgage holder to forgive the debt. The first mortgage holder is
examining all options available to it, including foreclosure. Due to the fact
that the property was vacant for most of 1999, and there are uncured health 
and safety violations, The Investment Limited Partnership faced recapture of a 
portion of the credits previously taken.  As the property has remained vacant 
to date in 2000 the partnership will be unable to take credits for this year 
Unless the Investment General Partner is able to remain in the Partnership and 
re-occupy the units with tax credit qualified tenants, future credits will 
also be lost.

(Series 9)  As of September 30, 2000 and 1999, the average Qualified Occupancy
for the series was 99.6% and 99.7%,respectively. The series had a total of 55 
properties at September 30, 2000. Out of the total, 51 were at 100% Qualified 
Occupancy.

For the six months being reported the series reflects a net loss from the
Operating Partnerships of $1,150,469. When adjusted for depreciation, which is
a non-cash item, the Operating Partnerships reflect positive operations of
$700,871.  This is an interim period estimate; it is not necessarily
indicative of the final year end results.

As a result of the new Operating General Partner and property management team
assuming responsibility of School Street II Limited Partnership (School Street 
Apts. II) and their completion of capital improvements, physical occupancy at 
the property has improved.  As of September 30, 2000 occupancy reached 80%.
Marshall School Street II, LLC, was inserted as the new Operating General 
Partner in May of 2000. The property management team has evicted tenants with 
delinquent rents, which resulted in higher maintenance and administrative 
costs than budgeted for 2000.  The improved occupancy and continued aggressive 
marketing of the property should result in improved operations during the 
fourth quarter of 2000 and into 2001. The Operating General Partner continues
to fund any operating cash deficits.

As a result of poor occupancy at the property, the Operating Partnership, New
Holland Apartments Limited Partnership (New Holland Apartments) suffers from 
cash flow deficits and the mortgage is in default. In an effort to address the 
delinquency, the Investment General Partner attempted to work with the lender 
for more favorable terms, but to no avail. Due to operating deficits and the 
mortgagor's unwillingness to work with the Investment General Partner or to 
accept a deed in lieu of foreclosure, the bank moved to foreclose on the 
property. Due to a lack of perceived value in the vacant property, the bank 
has decided against continuing its foreclosure proceeding at the present time. 
During this reprieve, the Investment General Partner is working to locate a 
not-for-profit entity with the hope of convincing the first mortgage holder to 
forgive the debt. The First mortgage holder is examining all options available 
to it, including foreclosure. Due to the fact that the property was vacant for 
most of 1999, and there are uncured health and safety violations, The 
Investment Limited Partnership faced recapture of a portion of the credits 
previously taken. As the property has remained vacant to date in 2000 the 
partnership will be unable to take credits for this year Unless the Investment 
General Partner is able to remain in the Partnership and re-occupy the units
with tax credit qualified tenants, future credits will also be lost.

The Operating Partnership Glennwood Hotel Investors (Glennwood Hotel) 
continues to operate at an average occupancy of 63%.  The area has and 
oversupply of affordable rental housing and a poor local economy, which has
negatively impacted the property. Without significant structural improvements,
that are at this time physically and financial infeasible, the property will
not be able to compete effectively in the market. At the end of the first 
quarter, the property's commercial tenant vacated its space. A new tenant has
leased the space as of July 1, at an increased rental rate which should help
to offset the residential vacancies. The Operating General Partner continues
to financially support the partnership. The Investment General Partner will
continue to monitor this situation.

(Series 10)  As of September 30, 2000 and 1999, the average Qualified
Occupancy for the series was 99.8% and 99.7%, respectively. The series had a 
total of 45 properties at September 30, 2000, Out of the total,43 were at 100%
Qualified Occupancy.

For the six months being reported the series reflects a net loss from the
Operating Partnerships of $587,780. When adjusted for depreciation which is
a non-cash item, the Operating Partnerships reflect positive operations of
$701,452.  This is an interim period estimate; it is not necessarily
indicative of the final year end results.

The audited financial statements for Chuckatuck Square were prepared assuming 
the partnership will continue as a Going Concern. Despite high occupancy, the 
property suffers from excessive bad debt expenses due to the seasonal nature 
of employment opportunities in the local economy. As a result, the property 
has accumulating payables and is delinquent in funding its replacement 
reserves. In January of 2000, the partnership entered a two-year workout plan 
with Rural Development that allows for reduced debt service payments. The 
reduced debt service requirement, improved rental collection and controlled 
expenses have allowed the property to reduce the accounts payable from $12,383 
as of December 31, 1999 to $7,732 as of July 15, 2000, and fund $9,000 into 
the replacement reserve account. The tenant receivables have been reduced from 
$7,305 as of December 31, 1999 to $3,289 as of July 15, 2000. The operating 
general partner continues to attempt to obtain rental assistance from Rural 
Development to alleviate the collection/bad debt problem.

(Series 11)  As of September 30, 2000 and 1999 the average Qualified
Occupancy for the series was 100% for both years.  The series had a 
total of 40 properties at September 30, 2000, Out of the total,39 were at 100%
Qualified Occupancy.

For the six months being reported the series reflects a net loss from the 
Operating Partnerships of $894,261. When adjusted for depreciation, which is a 
non-cash item, the Operating Partnerships reflect positive operations of 
$334,672.  This is an interim period estimate; it is not necessarily 
indicative of the final year end results.

Ivan Woods Limited Partnership(Ivan Woods Senior Apartments) received a Form 
8823, Low Income Housing Credit Agencies Report of Non compliance, on 
September 1, 1999. Presently, the partnership files are in good condition;
however, there were five units with non-eligibility issues that occurred 
during the  first eighteen months of the compliance of the building The non-
compliance of five units are being investigated by the present management 
agent. The management agent is working with the state agency in attempt to 
rectify the situation. At this point in time we are unable to determine if the 
partnership will face recapture of tax credits on the five in questions

(Series 12)  As of September 30, 2000 and 1999 the average Qualified
Occupancy for the series was 99.8% and 99.9%, respectively. The series had a 
total of 53 properties at September 30, 2000, 51 of which were at 100%
qualified occupancy.

For the six months being reported the series reflects a net loss from the
Operating Partnerships of $883,115. When adjusted for depreciation, which is
a non-cash item, the Operating Partnerships reflect positive operations of 
$474,497.  This is an interim period estimate; it is not necessarily 
indicative of the final year end results.

Ivan Woods Limited Partnership(Ivan Woods Senior Apartments) received a Form 
8823, Low Income Housing Credit Agencies Report of Non compliance, on 
September 1, 1999. Presently, the partnership files are in good condition; 
however, there were five units with non-eligibility issues that occurred 
during the  first eighteen months of the compliance of the building The non-
compliance of five units are being investigated by the present management 
agent. The management agent is working with the state agency in attempt to 
rectify the situation. At this point in time we are unable to determine if the 
partnership will face recapture of tax credits on the five in questions

(Series 14)  As of September 30, 2000 and 1999 the average Qualified
Occupancy for the series was 99.8% and 99.7%, respectively. The series had a
total of 101 properties at September 30, 2000, 96 of which were at 100%
Qualified Occupancy.

For the six months being reported the series reflects a net loss from the
Operating Partnerships of $1,490,079. When adjusted for depreciation, which is
a non-cash item, the Operating Partnerships reflect positive operations of
$1,012,465.  This is an interim period estimate; it is not necessarily
indicative of the final year end results.

Lakewood Terrace Limited Partnership (Lakewood Terrace Apartments) operated
with a net loss during 1999 primarily as a result of the extensive amount of 
capital improvements that were made during the year. A portion of the expense 
was reimbursed from the replacement reserve account but the property funded 
the balance of the costs through operations. Capital improvements of this 
magnitude are not anticipated in 2000. Despite the fact that occupancy
averaged 97.47% during 1999, the property could not sustain the expenses it 
incurred and closed the year with high payables on their balance sheet.
Occupancy for the third quarter of 2000 continues to be strong at 100%. The 
operating General Partner has been successful in securing a four (4) year 
contract with HUD and has also been granted a 2.2% rental increase. It is 
anticipated that the lease renewals for the last quarter of 2000 will be 
affected by the rental increase. The increase in rents and continued high 
occupancy should financially assist the partnership.



The properties owned by Glenhaven Park Partners, A California LP (Glenhaven
Estates), Haven Park Partners II, A California LP (Glenhaven Park II), Haven 
Park Partners III, A California LP (Glenhaven Park III), and Haven Park
Partners IV, A California LP (Glenhaven Park) continue to suffer from 
excessive operating expenses compared to operating income. In an effort to 
operate the properties in a more cost effective manner, the Investment General 
Partner has commenced discussions with a local third party management company 
to assume the role of both Operating General Partners and property manager.  
If an agreement can be reached it is anticipated that they will take over 
management of the properties within 30 to 45 days. As a result of repairs to 
unit interiors, occupancy levels have stabilized. At September 30, 2000 
physical occupancy at Haven Park II was 93%. Occupancy at Haven Park III and Haven Park IV as of September 30, 2000 increased to 100%. Occupancy at 
Glenhaven Park Partners continues to suffer, largely as a result of turnovers 
associated with evictions. Occupancy as of September 30, 2000 was 83%.

On April 27, 1998 Woodfield Commons Limited Partnership (Rainbow Commons
Apartments) received a 60-Day letter issued by the IRS stating that the 
Operating Partnership had not met certain IRC Section 42 requirements.

The IRS has additionally sent two 60 day letters for the tax years ending 1996
and 1997 dated August 23 1999 and August 8, 1999, respectively.  The initial 
60-Day letter which was issued in relation to the tax years ended December 31, 
1993, 1994, and 1995, and the subsequent 1996 and 1997 60-day letter were the 
result of an IRS audit of the Operating Partnership's  tenant files.  The IRS 
has proposed an adjustment that would disallow the Partnership from utilizing 
certain past or future credits. On June 23, 1998, the Operating General 
Partner and its counsel filed a written protest with the IRS and requested 
additional information from the IRS with regards to the legal and factual 
basis upon which it has proposed its assessment.  As of this date, the IRS has 
not responded to this request nor has a conference with the Appeals Office 
been scheduled.

The Operating General Partner and its counsel do not anticipate an outcome 
that would have a material effect on the financial statements and accordingly, 
no adjustment has been made in the accompanying financial statements.  While 
the Operating General Partner and its counsel are of this opinion, it is the 
opinion of the Investment General Partner that the outcome could, in total, be 
material.  While no adjustments have been made to the accompanying financial 
statements, the auditor's have included a contingency footnote in the annual 
financial statement(Note H) which is a part of the most recently filed 10-K 
dated March 31, 2000.





PART II - OTHER INFORMATION





Item 1.   Legal Proceedings

None

Item 2.   Changes in Securities

None

Item 3.   Defaults upon Senior Securities

None

Item 4.   Submission of Matters to a Vote of Security Holders

None

Item 5.   Other Information

None

Item 6.   Exhibits and Reports on Form 8-K

(a)  Exhibits

None
          (b) Reports on Form 8-K

None



















SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

BOSTON CAPITAL TAX CREDIT 
                             FUND II LIMITED PARTNERSHIP



By:  Boston Capital Associates II Limited
                                  Partnership



By:  C&M Associates d/b/a 
                                  Boston Capital Associates



Date:   November 20, 2000    By:  /S/ John P. Manning

________________________

John P. Manning,
                                  Partner & Principal Financial
                                  Officer