February 11, 2000




Securities and Exchange Commission
Filer Support, Edgar
Operation Center, Stop 0-7
6432 General Green Way
Alexandria, VA 22312

       Boston Financial Tax Credit Fund VIII, A Limited Partnership
       Report on Form 10-QSB for Quarter Ended December 31, 1999
       File No. 0-26522



Gentlemen:

Pursuant to the requirements of Section 15(d) of the Securities  Exchange Act of
1934, filed herewith is one copy of subject report.


Very truly yours,



/s/Stephen Guilmette
Stephen Guilmette
Assistant Controller




TC8-Q3.DOC



<PAGE>


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 10-Q


(Mark One)

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

For the quarterly period ended                    December 31, 1999
                              -------------------------------------

                                       OR

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


For the transition period from              to

       Commission file number 0-26522

           Boston  Financial  Tax Credit Fund VIII, A Limited Partnership
          (Exact name of registrant as specified in its charter)


          Massachusetts                                   04-3205879
      (State or other jurisdiction of       (I.R.S.Employer Identification No.)
       incorporation or organization)


   101 Arch Street, Boston, Massachusetts                   02110-1106
  (Address of principal executive offices)                  (Zip Code)


Registrant's telephone number, including area code         (617) 439-3911
                                                          -----------------

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.
                                   Yes X No .


<PAGE>


                      BOSTON FINANCIAL TAX CREDIT FUND VIII
                             (A Limited Partnership)

                                TABLE OF CONTENTS


<TABLE>
<CAPTION>


<S>                                                                                         <C>
PART I.  FINANCIAL INFORMATION                                                              Page No.

Item 1.  Financial Statements

         Balance Sheet - December 31, 1999 (Unaudited)                                           1

         Statements of Operations (Unaudited) - For the Three and Nine
            Months Ended December 31, 1999 and 1998                                              2

         Statement of Changes in Partners' Equity (Deficiency) (Unaudited) -
            For the Nine Months Ended December 31, 1999                                          3

         Statements of Cash Flows (Unaudited) - For the Nine
            Months Ended December 31, 1999 and 1998                                              4

         Notes to Financial Statements (Unaudited)                                               5

Item 2.  Management's Discussion and Analysis of Financial
         Condition and Results of Operations                                                     6

PART II - OTHER INFORMATION

Items 1-6                                                                                        8

SIGNATURE                                                                                        9

</TABLE>


<PAGE>


                   BOSTON FINANCIAL TAX CREDIT FUND VIII
                             (A Limited Partnership)
                                  BALANCE SHEET
                                December 31, 1999
                                   (Unaudited)

<TABLE>
<CAPTION>


Assets

<S>                                                                                              <C>
Cash and cash equivalents                                                                        $     297,587
Investments in Local Limited Partnerships (Note 1)                                                  21,515,686
Marketable securities, at fair value                                                                 1,354,928
Other assets                                                                                            13,430
                                                                                                 -------------
     Total Assets                                                                                $  23,181,631
                                                                                                 =============

Liabilities and Partners' Equity

Accounts payable to affiliates                                                                   $     400,898
Accrued expenses                                                                                        39,659
                                                                                                 -------------
     Total Liabilities                                                                                 440,557


General, Initial and Investor Limited Partners' Equity                                              22,761,811
Net unrealized losses on marketable securities                                                         (20,737)
     Total Partners' Equity                                                                         22,741,074
                                                                                                 -------------
     Total Liabilities and Partners' Equity                                                      $  23,181,631
                                                                                                 =============
The accompanying notes are an integral part of these financial statements.
</TABLE>

<PAGE>

<TABLE>
<CAPTION>

                      BOSTON FINANCIAL TAX CREDIT FUND VIII
                             (A Limited Partnership)

                            STATEMENTS OF OPERATIONS
       For the Three and Nine Months Ended December 31, 1999 and 1998
                                   (Unaudited)


                                             Three Months Ended                          Nine Months Ended
                                      December 31,         December 31,           December 31,       December 31,
                                          1999                 1998                   1999               1998
                                      -------------        -------------         --------------    ---------------

Revenue:
<S>                                   <C>                  <C>                   <C>               <C>
   Investment                         $      23,506        $      25,890         $       67,779    $        74,207
   Other                                         50                6,115                  1,200              7,565
                                      -------------        -------------         --------------    ---------------
     Total Revenue                           23,556               32,005                 68,979             81,772
                                      -------------        -------------         --------------    ---------------

Expenses:
   Asset management fees,
     related party                           51,555               50,765                154,665            152,295
   General and administrative
     expenses (includes
     reimbursements to affiliates
     in the amounts of $57,340
     and $55,836 in 1999 and
     1998, respectively)                     38,800               39,111                105,844             96,988
   Amortization                               7,486                9,986                 22,457             29,958
                                      -------------        -------------         --------------    ---------------
       Total Expenses                        97,841               99,862                282,966            279,241
                                      -------------        -------------         --------------    ---------------

Loss before equity in losses
   of Local Limited Partnerships            (74,285)             (67,857)              (213,987)          (197,469)

Equity in losses of Local
   Limited Partnerships (Note 1)           (466,111)            (440,055)            (1,515,738)        (1,370,394)
                                      -------------        -------------         --------------    ---------------

Net Loss                              $    (540,396)       $    (507,912)        $   (1,729,725)   $    (1,567,863)
                                      =============        =============         ==============    ===============

Net Loss allocated:
   To General Partners                $      (5,404)       $      (5,079)        $      (17,297)   $       (15,679)
   To Limited Partners                     (534,992)            (502,833)            (1,712,428)        (1,552,184)
                                      -------------        -------------         --------------    ---------------
                                      $    (540,396)       $    (507,912)        $   (1,729,725)   $    (1,567,863)
                                      =============        =============         ==============    ===============

Net Loss per Limited
   Partnership Unit (36,497 Units)    $      (14.66)       $      (13.78)        $       (46.92)   $        (42.53)
                                      =============        =============         ==============    ===============


The accompanying notes are an integral part of these financial statements.
</TABLE>

<PAGE>
                     BOSTON FINANCIAL TAX CREDIT FUND VIII
                             (A Limited Partnership)

              STATEMENT OF CHANGES IN PARTNERS' EQUITY (DEFICIENCY)
                   For the Nine Months Ended December 31, 1999
                                   (Unaudited)
<TABLE>
<CAPTION>

                                                                                    Net
                                               Initial           Investor       Unrealized
                             General           Limited            Limited          Gains
                              Partner          Partner           Partners        (Losses)             Total


Balance at
<S>                        <C>              <C>               <C>               <C>              <C>
   March 31, 1999          $     (71,432)   $       100       $  24,562,868     $    1,053       $  24,492,589
                           -------------    -----------       -------------     ----------       -------------

Comprehensive Loss:
   Net change in net unrealized
     gains on marketable securities
     available for sale                -              -                   -        (21,790)            (21,790)
   Net Loss                      (17,297)             -          (1,712,428)             -          (1,729,725)
                           -------------    -----------       -------------     ----------       -------------
Comprehensive Loss               (17,297)             -          (1,712,428)       (21,790)         (1,751,515)
                           -------------    -----------       -------------     ----------       -------------

Balance at
   December 31, 1999       $     (88,729)   $       100       $  22,850,440     $  (20,737)      $ 22,741,074
                           =============    ===========       =============     ==========       ============


The accompanying notes are an integral part of these financial statements.

</TABLE>

<PAGE>
<TABLE>
<CAPTION>

                 BOSTON FINANCIAL TAX CREDIT FUND VIII
                             (A Limited Partnership)
                            STATEMENTS OF CASH FLOWS
              For the Nine Months Ended December 31, 1999 and 1998
                                   (Unaudited)


                                                                                    1999              1998
                                                                                -------------    -------------

<S>                                                                             <C>              <C>
Net cash used for operating activities                                          $    (142,923)   $     (23,210)
                                                                                -------------    -------------

Net cash provided by investing activities                                             260,480           22,782
                                                                                -------------    -------------

Net increase (decrease) in cash and cash equivalents                                  117,557             (428)

Cash and cash equivalents, beginning of period                                        180,030          213,966
                                                                                -------------    -------------

Cash and cash equivalents, end of period                                        $     297,587    $     213,538
                                                                                =============    =============


</TABLE>


The accompanying notes are an integral part of these financial statements.
<PAGE>


                      BOSTON FINANCIAL TAX CREDIT FUND VIII
                             (A Limited Partnership)


                          NOTES TO FINANCIAL STATEMENTS
                                   (Unaudited)


The  unaudited  financial  statements  presented  herein  have been  prepared in
accordance  with the  instructions  to Form 10-QSB and do not include all of the
information  and note  disclosures  required by  generally  accepted  accounting
principles.  These  statements  should be read in conjunction with the financial
statements  and notes  thereto  included  with the Fund's Form 10-K for the year
ended March 31, 1999. In the opinion of management,  these financial  statements
include  all  adjustments,  consisting  only of  normal  recurring  adjustments,
necessary  to present  fairly  the  Fund's  financial  position  and  results of
operations.  The results of operations  for the periods may not be indicative of
the results to be expected for the year.

The Managing  General Partner has elected to report results of the Local Limited
Partnerships  on a 90 day lag  basis,  because  the Local  Limited  Partnerships
report  their  results on a calendar  year  basis.  Accordingly,  the  financial
information  of  the  Local  Limited   Partnerships  that  is  included  in  the
accompanying financial statements is as of September 30, 1999 and 1998.

1.   Investments in Local Limited Partnerships

The Fund has acquired an interest in ten Local  Limited  Partnerships  which own
and operate  multi-family  housing  complexes.  The Fund,  as  Investor  Limited
Partner,  pursuant to the Local Limited Partnership  Agreements,  has acquired a
99% interest in the profits, losses, tax credits, and cash flows from operations
of the Local Limited  Partnerships,  with the exception of  Springwood,  Hemlock
Ridge, Pike Place, and West End Place, in which the Fund's interests are 79.20%,
77%, 90% and 90%, respectively. Another partnership sponsored by an affiliate of
the General  Partner  owns the  remaining  19.80%  limited  partner  interest in
Springwood.  Upon  dissolution,  proceeds will be  distributed  according to the
partnership agreements.
<TABLE>
<CAPTION>

The  following is a summary of  Investments  in Local  Limited  Partnerships  at
December 31, 1999:

<S>                                                                                            <C>
Capital Contributions paid to Local Limited
   Partnerships                                                                                $  29,264,859

Cumulative equity in losses of Local Limited Partnerships                                         (8,310,517)

Cumulative cash distributions received from Local
   Limited Partnerships                                                                             (353,320)

Investment in Local Limited Partnerships before adjustment                                        20,601,022

Excess of investment cost over the underlying net assets acquired:

   Acquisition fees and expenses                                                                   1,048,010

   Accumulated amortization of acquisition fees and expenses                                        (133,346)
                                                                                               -------------

Investments in Local Limited Partnerships                                                      $  21,515,686
                                                                                               =============
</TABLE>

The Fund's share of net losses of the Local Limited  Partnerships for the
nine months ended December 31, 1999 totaled $1,515,738.




<PAGE>
                     BOSTON FINANCIAL TAX CREDIT FUND VIII
                             (A Limited Partnership)

                     MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                  FINANCIAL CONDITION AND RESULTS OF OPERATIONS



Certain matters  discussed herein constitute  forward-looking  statements within
the meaning of the Private  Securities  Litigation  Reform Act of 1995. The Fund
intends  such  forward-looking  statements  to be  covered  by the  safe  harbor
provisions  for  forward-looking  statements and is including this statement for
purposes of  complying  with these safe  harbor  provisions.  Although  the Fund
believes the forward-looking statements are based on reasonable assumptions, the
Fund can give no assurance  that their  expectations  will be  attained.  Actual
results  and  timing of  certain  events  could  differ  materially  from  those
projected in or contemplated by the  forward-looking  statements due to a number
of factors,  including,  without  limitation,  general  economic and real estate
conditions and interest rates.

Liquidity and Capital Resources

As of December 31, 1999,  the Fund had cash and cash  equivalents of $297,587 as
compared to $180,030 at March 31, 1999. This increase is primarily  attributable
to proceeds  from sales and  maturities  of  marketable  securities in excess of
purchases of marketable  securities and cash  distributions  received from Local
Limited  Partnerships.  These  increases are  partially  offset by cash used for
operations.

As of December 31, 1999,  approximately  $1,212,000 of marketable securities has
been  designated  as  Reserves,  as defined in the  Partnership  Agreement.  The
Reserves  are  established  to be used  for  working  capital  of the  Fund  and
contingencies  related to the ownership of Local Limited Partnership  interests.
Management believes that the interest income earned on Reserves, along with cash
distributions received from Local Limited Partnerships, to the extent available,
will be sufficient to fund the Fund's ongoing  operations.  Reserves may be used
to fund operating deficits, if the General Partner deems funding appropriate.

Since the Fund invests as a limited partner, the Fund has no contractual duty to
provide  additional  funds to Local  Limited  Partnerships  beyond its specified
investment.  Thus, as of December 31, 1999, the Fund had no contractual or other
obligation to any Local Limited Partnership, which had not been paid or provided
for.

In the  event a Local  Limited  Partnership  encounters  operating  difficulties
requiring  additional  funds,  the Fund  might deem it in its best  interest  to
voluntarily provide such funds in order to protect its investment. No such event
has occurred to date.

Cash Distributions

No cash distributions were made during the period ended December 31, 1999. It is
expected that cash available for  distribution,  if any, will not be significant
in fiscal  year 2000.  As funds  from  temporary  investments  are paid to Local
Limited  Partnerships,  interest earnings on those funds decrease.  In addition,
some of the properties  benefit from some type of federal or state subsidy,  and
as a consequence, are subject to restrictions on cash distributions.

Results of Operations

For the nine months ended December 31, 1999, the Fund's operations resulted in a
net loss of  $1,729,725,  as compared to a net loss of  $1,567,863  for the same
period  in 1998.  The  increase  in net  loss is  primarily  attributable  to an
increase  in  equity  in losses  of the  Local  Limited  Partnerships  due to an
increase in operating expenses.



<PAGE>
                   BOSTON FINANCIAL TAX CREDIT FUND VIII
                             (A Limited Partnership)

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



Property Discussions

Live Oaks  Plantation,  located in West Palm  Beach,  Florida,  is  experiencing
operating deficits due primarily to occupancy fluctuations.  The fluctuations in
occupancy are primarily  due to the majority of first-year  leases  expiring and
management's  decision  not to renew all the  leases  due to  tenant  collection
problems.  Further  compounding  the problem is competition  from new affordable
housing  complexes  in the  area.  Accordingly,  the  Managing  General  Partner
continues to work closely with the Local General Partner and management agent to
monitor operations.


<PAGE>

                BOSTON FINANCIAL TAX CREDIT FUND VIII
                             (A Limited Partnership)


PART II       OTHER INFORMATION

Items 1-5     Not applicable

Item 6        Exhibits and reports on Form 8-K

                (a)  Exhibits - None

                (b)  Reports  on Form 8-K - No  reports  on Form 8-K were  filed
                     during the quarter ended December 31, 1999.


<PAGE>
                      BOSTON FINANCIAL TAX CREDIT FUND VIII
                             (A Limited Partnership)

                                    SIGNATURE


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


DATED:   February 11, 2000          BOSTON FINANCIAL TAX CREDIT FUND VIII,
                                    A LIMITED PARTNERSHIP


                                    By:   Arch Street VIII Limited Partnership,
                                    its General Partner




                                    /s/Randolph G. Hawthorne
                                    Randolph G. Hawthorne
                                    Managing Director, Vice President
                                    and Chief Operating Officer


<PAGE>