United States
                       Securities and Exchange Commission
                             Washington, D.C. 20549


                                   Form 10-QSB


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


                   For the quarterly period ended March 31, 2003


[ ] 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 0-14533


                OXFORD RESIDENTIAL PROPERTIES I LIMITED PARTNERSHIP
              (Exact name of registrant as specified in its charter)



          Maryland                                               52-1322906
(State or other jurisdiction of                               (I.R.S. Employer
 incorporation or organization)                              Identification No.)

                          55 Beattie Place, PO Box 1089
                        Greenville, South Carolina 29602
                    (Address of principal executive offices)


                                 (864) 239-1000
                           (Issuer's telephone number)


<PAGE>



                         PART I - FINANCIAL INFORMATION



ITEM 1.     FINANCIAL STATEMENTS




                OXFORD RESIDENTIAL PROPERTIES I LIMITED PARTNERSHIP

                           CONSOLIDATED BALANCE SHEET
                                   (Unaudited)
                        (in thousands, except unit data)

                                 March 31, 2003

<TABLE>
<CAPTION>

Assets
<S>                                                                            <C>
  Cash and cash equivalents                                                    $   593
  Receivables and deposits                                                         878
  Restricted escrows                                                               382
  Other assets                                                                     192
  Investment properties:
   Land                                                         $ 3,681
   Buildings and improvements                                     42,728
                                                                  46,409
   Less accumulated depreciation                                 (23,103)       23,306
                                                                              $ 25,351
Liabilities and Partners' (Deficiency) Capital
Liabilities
  Accounts payable                                                              $ 59
  Tenant security deposits                                                         146
  Accrued taxes                                                                    400
  Other liabilities                                                                344
  Due to general partner                                                         1,692
  Mortgage notes payable                                                        19,910

Partners' (Deficiency) Capital
  General partners                                               $ (930)
  Assignor limited partner                                             1
  Assignee unit holders (23,558 units outstanding)                 3,729         2,800
                                                                              $ 25,351

            See Accompanying Notes to Consolidated Financial Statements

</TABLE>

<PAGE>

                OXFORD RESIDENTIAL PROPERTIES I LIMITED PARTNERSHIP

                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (Unaudited)
                      (in thousands, except per unit data)

<TABLE>
<CAPTION>

                                                                  Three Months Ended
                                                                       March 31,
                                                                   2003          2002
Revenues:
<S>                                                              <C>           <C>
  Rental income                                                  $ 1,753       $ 1,935
  Other income                                                       249           158
      Total revenues                                               2,002         2,093

Expenses:
  Operating                                                          879           878
  General and administrative                                          48            22
  Depreciation                                                       459           485
  Interest                                                           380           410
  Property taxes                                                     373           229
      Total expenses                                               2,139         2,024

Net (loss) income                                                 $ (137)        $ 69

Net (loss) income allocated to general partners (2%)               $ (3)         $ 1

Net (loss) income allocated to assignee unit holders (98%)          (134)           68

                                                                  $ (137)        $ 69

Net (loss) income per assignee unit                              $ (5.69)       $ 2.89

Distributions per assignee unit                                  $ 51.45       $ 15.07

            See Accompanying Notes to Consolidated Financial Statements

</TABLE>

<PAGE>

                OXFORD RESIDENTIAL PROPERTIES I LIMITED PARTNERSHIP

             CONSOLIDATED STATEMENT OF PARTNERS' (DEFICIENCY) CAPITAL
                                   (Unaudited)
                        (in thousands, except unit data)

<TABLE>
<CAPTION>

                                  Assignee   General       Assignor       Assignee
                                    Units    Partners  Limited Partner  Unit Holders     Total

Partners' (deficiency) capital
<S>           <C> <C>               <C>       <C>            <C>           <C>          <C>
  at December 31, 2002              23,558    $ (927)        $ 1           $ 5,075      $ 4,149

Distributions to partners               --        --            --          (1,212)      (1,212)

Net loss for the three
  months ended March 31, 2003           --        (3)           --            (134)        (137)

Partners' (deficiency) capital
  at March 31, 2003                 23,558    $ (930)        $ 1           $ 3,729      $ 2,800

            See Accompanying Notes to Consolidated Financial Statements

</TABLE>

<PAGE>

                OXFORD RESIDENTIAL PROPERTIES I LIMITED PARTNERSHIP

                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (Unaudited)
                                 (in thousands)
<TABLE>
<CAPTION>

                                                                 Three Months Ended
                                                                       March 31,
                                                                   2003        2002
Cash flows from operating activities:
<S>                                                              <C>          <C>
  Net (loss) income                                              $ (137)      $ 69
  Adjustments to reconcile net (loss) income to net cash
   provided by operating activities:
     Depreciation                                                   459          485
     Amortization of loan costs                                      18           18
     Changes in accounts:
      Receivables and deposits                                     (109)        (126)
      Other assets                                                  (13)         (82)
      Accounts payable                                                1         (147)
      Tenant security deposits payable                               (2)         (22)
      Due to general partner                                         77           57
      Accrued property taxes                                        270          186
      Other liabilities                                             112          152
          Net cash provided by operating activities                 676          590

Cash flows from investing activities:
  Property improvements and replacements                           (111)        (155)
  Net (deposits to) withdrawals from restricted escrows             (38)           3
          Net cash used in investing activities                    (149)        (152)

Cash flows from financing activities:
  Payments on mortgage notes payable                               (135)        (130)
  Distributions to partners                                      (1,212)        (355)
          Net cash used in financing activities                  (1,347)        (485)

Net decrease in cash and cash equivalents                          (820)         (47)
Cash and cash equivalents at beginning of period                  1,413        1,001

Cash and cash equivalents at end of period                       $ 593        $ 954

Supplemental disclosure of cash flow information:
  Cash paid for interest                                         $ 358        $ 399


            See Accompanying Notes to Consolidated Financial Statements

</TABLE>

<PAGE>

                OXFORD RESIDENTIAL PROPERTIES I LIMITED PARTNERSHIP

                    NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                   (Unaudited)


Note A - Financial Statements

The  accompanying   unaudited   consolidated   financial  statements  of  Oxford
Residential  Properties I Limited  Partnership (the "Partnership" or "ORP") have
been prepared in accordance with generally  accepted  accounting  principles for
interim financial  information and with the instructions to Form 10-QSB and Item
310(b)  of  Regulation  S-B.  Accordingly,  they  do  not  include  all  of  the
information and footnotes required by generally accepted  accounting  principles
for  complete  financial  statements.  In  the  opinion  of  Oxford  Residential
Properties I Corporation  (the  "Managing  General  Partner"),  all  adjustments
(consisting  of  normal  recurring  accruals)  considered  necessary  for a fair
presentation  have been included.  Operating  results for the three months ended
March 31,  2003,  are not  necessarily  indicative  of the  results  that may be
expected for the fiscal year ending December 31, 2003. For further  information,
refer to the consolidated financial statements and footnotes thereto included in
the  Partnership's  Annual  Report on Form  10-KSB  for the  fiscal  year  ended
December 31, 2002.  The  Managing  General  Partner is an affiliate of Apartment
Investment  and  Management  Company  ("AIMCO"),  a publicly  traded real estate
investment trust.

Note B - Transactions with Affiliates

The  Partnership  has no employees  and is  dependent  on the  Managing  General
Partner  and  its  affiliates  for  the  management  and  administration  of all
Partnership  activities.  The Partnership Agreement provides for (i) payments to
affiliates  for  property  management  services  and (ii) for  reimbursement  of
certain expenses incurred by affiliates on behalf of the Partnership.

During  the three  months  ended  March 31,  2003 and  2002,  affiliates  of the
Managing  General Partner were entitled to receive 5% of gross receipts from all
of  the  Partnership's   properties  as  compensation  for  providing   property
management  services.  However,  40% of this fee is  subordinated  until certain
distribution  preference levels to the Limited Partners or Assignee Unit Holders
are achieved.  Total  property  management  fees of  approximately  $113,000 and
$112,000 for the three months ended March 31, 2003 and 2002, respectively,  were
charged to expense and are  included in  operating  expense on the  consolidated
statements of operations.  Property management fees of approximately $45,000 and
$43,000 for the three months ended March 31, 2003 and 2002,  respectively,  have
been deferred.  The  cumulative  deferred  management  fees as of March 31, 2003
totaled approximately $1,404,000.

An  affiliate  of  the  Managing  General  Partner  received  reimbursements  of
accountable  administrative  expenses  amounting  to  approximately  $32,000 and
$11,000 for the three months ended March 31, 2003 and 2002, respectively,  which
is included in general and  administrative  expenses and investment  properties.
Included in these amounts are fees related to construction  management  services
provided  by an  affiliate  of the  Managing  General  Partner of  approximately
$10,000 for the three  months  ended March 31,  2002.  No such fees were charged
during the same period in 2003.  The  construction  management  service fees are
calculated  based on a  percentage  of  current  year  additions  to  investment
properties.

The  Partnership  insures its properties up to certain  limits through  coverage
provided by AIMCO which is  generally  self-insured  for a portion of losses and
liabilities  related to workers  compensation,  property  casualty  and  vehicle
liability. The Partnership insures its properties above the AIMCO limits through
insurance  policies  obtained  by  AIMCO  from  insurers  unaffiliated  with the
Managing  General  Partner.  During 2003 and 2002,  the  Partnership's  cost for
insurance  coverage  and  fees  associated  with  policy  claims  administration
provided  by  AIMCO  and its  affiliates  will  be  approximately  $136,000  and
$165,000, respectively.

Note C - Subsequent Event

On May 8, 2003, the  Partnership  refinanced the mortgage  encumbering  Fairlane
East  Apartments.  The refinancing  replaced the first mortgage of approximately
$8,637,000 with a new mortgage of  approximately  $11,480,000.  The new mortgage
carries a stated interest rate of 4.21%. Interest on the old mortgage was 8.25%.
A balloon payment of approximately $9,214,000 is due in June 2008. After closing
costs of  approximately  $268,000,  the  Partnership  received  net  proceeds of
approximately $2,575,000.

On May 8, 2003, the Partnership refinanced the mortgage encumbering The Landings
Apartments.  The  refinancing  replaced  the  first  mortgage  of  approximately
$2,847,000  with a new mortgage of  approximately  $3,370,000.  The new mortgage
carries a stated interest rate of 4.21%. Interest on the old mortgage was 8.25%.
A balloon payment of approximately $2,705,000 is due in June 2008. After closing
costs of  approximately  $107,000,  the  Partnership  received  net  proceeds of
approximately $416,000.

On May 8, 2003, the Partnership  refinanced the mortgage  encumbering Raven Hill
Apartments.  The  refinancing  replaced  the  first  mortgage  of  approximately
$4,350,000 with a new mortgage of  approximately  $12,210,000.  The new mortgage
carries a stated interest rate of 4.21%. Interest on the old mortgage was 8.25%.
A balloon payment of approximately $9,800,000 is due in June 2008. After closing
costs of  approximately  $297,000,  the  Partnership  received  net  proceeds of
approximately $7,562,000.

<PAGE>

ITEM 2.     MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS

The matters discussed in this report contain certain forward-looking statements,
including, without limitation, statements regarding future financial performance
and the effect of government  regulations.  The discussions of the  Registrant's
business  and  results  of  operations,   including  forward-looking  statements
pertaining to such matters,  do not take into account the effects of any changes
to the  Registrant's  business  and results of  operations.  Actual  results may
differ  materially  from those described in the  forward-looking  statements and
will  be  affected  by  a  variety  of  risks  and  factors  including,  without
limitation:  national and local economic  conditions;  the terms of governmental
regulations that affect the Registrant and interpretations of those regulations;
the competitive  environment in which the Registrant operates;  financing risks,
including the risk that cash flows from  operations may be  insufficient to meet
required  payments of  principal  and  interest;  real estate  risks,  including
variations  of real  estate  values and the  general  economic  climate in local
markets and competition for tenants in such markets; and possible  environmental
liabilities.   Readers  should  carefully  review  the  Registrant's   financial
statements and the notes thereto,  as well as the risk factors  described in the
documents  the  Registrant  files  from  time to time  with the  Securities  and
Exchange Commission.

The Partnership's investment properties consist of four apartment complexes. The
following table sets forth the average occupancy of the properties for the three
months ended March 31, 2003 and 2002:

                                                   Average Occupancy
      Property                                      2003       2002

      The Landings Apartments (1)                   87%        91%
        Indianapolis, Indiana
      Shadow Oaks Apartments (2)                    97%        92%
        Tampa, Florida
      Raven Hill Apartments                         90%        92%
        Burnsville, Minnesota
      Fairlane East Apartments                      87%        86%
        Dearborn, Michigan

(1)   The Managing General Partner  attributes the decrease in average occupancy
      at The Landings  Apartments to new  construction and home purchases due to
      favorable interest rates.

(2)   The Managing General Partner  attributes the increase in average occupancy
      at Shadow Oaks Apartments to increased marketing efforts.

Results of Operations

The  Partnership's  net loss for the  three  months  ended  March  31,  2003 was
approximately  $137,000  as compared  to net income for the three  months  ended
March 31, 2002 of approximately $69,000. The decrease in net income is primarily
due to a decrease in total  revenue and an  increase  in total  expenses.  Total
revenue  decreased  due to a decrease in rental  income  partially  offset by an
increase in other income. Rental income decreased due to an increase in bad debt
expense at Fairlane  East and Raven Hill  Apartments,  a decrease in the average
rental rate at Fairlane East Apartments and a decrease in the occupancy at Raven
Hill and The Landings  Apartments.  Other income increased due to an increase in
lease  cancellation  fees and late  charges  and fee  adjustments  at all of the
Partnership's properties.

Total  expenses  increased  due to increases in general and  administrative  and
property tax expenses partially offset by decreases in depreciation and interest
expenses.  Property tax expense  increased  due to an adjustment of property tax
accruals  in the current  period for a change in the  methodology  for  accruing
taxes  for  the   Partnership's   investment   property   located  in  Michigan.
Depreciation  expense  decreased  due to assets  that became  fully  depreciated
during 2002.  Interest  expense  decreased due to the lower interest rate on the
mortgage encumbering Shadow Oaks Apartments.

General   and   administrative   expense   increased   due  to  an  increase  in
reimbursements to the Managing General Partner, as allowed under the Partnership
Agreement.  In  addition,   costs  associated  with  the  quarterly  and  annual
communications  with  investors  and  regulatory  agencies  and the annual audit
required  by  the  Partnership  Agreement  are  also  included  in  general  and
administrative expenses.

As part of the ongoing  business plan of the  Partnership,  the Managing General
Partner monitors the rental market  environment of its investment  properties to
assess the feasibility of increasing rents,  maintaining or increasing occupancy
levels and protecting  the  Partnership  from increases in expenses.  As part of
this plan, the Managing General Partner attempts to protect the Partnership from
the burden of  inflation-related  increases in expenses by increasing  rents and
maintaining a high overall  occupancy  level.  However,  due to changing  market
conditions,  which  can  result  in the use of  rental  concessions  and  rental
reductions to offset softening market conditions, there is no guarantee that the
Managing General Partner will be able to sustain such a plan.

Liquidity and Capital Resources

At  March  31,  2003,  the  Partnership   had  cash  and  cash   equivalents  of
approximately $593,000 compared to approximately $954,000 at March 31, 2002. The
decrease in cash and cash  equivalents for the three months ended March 31, 2003
from the Partnership's year ended December 31, 2002 was approximately  $820,000.
This  decrease  is due to  approximately  $1,347,000  of cash used in  financing
activities  and  approximately  $149,000  of cash used in  investing  activities
offset by approximately $676,000 of cash provided by operating activities.  Cash
used in financing activities consisted of distributions paid to the partners and
principal payments on the mortgages encumbering the investment properties.  Cash
used in investing activities consisted of property improvements and replacements
and net deposits to restricted  escrows  maintained by the mortgage lender.  The
Partnership invests its working capital in interest bearing accounts.

The sufficiency of existing  liquid assets to meet future  liquidity and capital
expenditure   requirements   is  directly   related  to  the  level  of  capital
expenditures  required at the  properties  to  adequately  maintain the physical
assets and other  operating needs of the Partnership and to comply with Federal,
state and local legal and regulatory requirements. The Managing General Partners
monitors  developments  in the area of legal and  regulatory  compliance  and is
studying  new  federal  laws,  including  the  Sarbanes-Oxley  Act of 2002.  The
Sarbanes-Oxley Act of 2002 mandates or suggests  additional  compliance measures
with regard to governance,  disclosure, audit and other areas. In light of these
changes,  the Partnership  expects that it will incur higher expenses related to
compliance,  including  increased  legal and audit  fees.  Capital  improvements
planned for each of the Partnership's properties are detailed below.

The Landings Apartments

During  the  three  months  ended  March 31,  2003,  the  Partnership  completed
approximately  $16,000  of  capital  improvements  at The  Landings  Apartments,
consisting  primarily of floor covering  replacements  and water heaters.  These
improvements were funded from operating cash flow. The Partnership evaluates the
capital  improvement needs of the property during the year and currently expects
to complete an additional $82,000 in capital  improvements  during the remainder
of 2003. The additional  capital  improvements  will consist  primarily of floor
covering and  appliance  replacements,  pool  upgrades and  breezeway  painting.
Additional  capital  improvements  may be  considered  and  will  depend  on the
physical  condition  of  the  property  as  well  as  replacement  reserves  and
anticipated cash flow generated by the property.

Shadow Oaks Apartments

During  the  three  months  ended  March 31,  2003,  the  Partnership  completed
approximately  $20,000  of  capital  improvements  at  Shadow  Oaks  Apartments,
consisting  primarily of floor covering  replacements.  These  improvements were
funded  from  operating  cash  flow.  The  Partnership   evaluates  the  capital
improvement  needs of the  property  during  the year and  currently  expects to
complete an additional $58,000 in capital  improvements  during the remainder of
2003.  The  additional  capital  improvements  will  consist  primarily of floor
covering,  cabinet,  countertop,  HVAC and appliance  replacements  and stairway
railings.  Additional capital  improvements may be considered and will depend on
the  physical  condition  of the  property as well as  replacement  reserves and
anticipated cash flow generated by the property.

Raven Hill Apartments

During  the  three  months  ended  March 31,  2003,  the  Partnership  completed
approximately   $37,000  of  capital  improvements  at  Raven  Hill  Apartments,
consisting primarily of floor covering, appliance, and HVAC replacements.  These
improvements were funded from operating cash flow. The Partnership evaluates the
capital  improvement needs of the property during the year and currently expects
to complete an additional $91,000 in capital  improvements  during the remainder
of 2003. The additional  capital  improvements  will consist  primarily of floor
covering and appliance  replacements and swimming pool improvements.  Additional
capital improvements may be considered and will depend on the physical condition
of the  property  as well as  replacement  reserves  and  anticipated  cash flow
generated by the property.

Fairlane East Apartments

During  the  three  months  ended  March 31,  2003,  the  Partnership  completed
approximately  $38,000 of capital  improvements  at  Fairlane  East  Apartments,
consisting primarily of floor covering, appliance, and HVAC replacements.  These
improvements were funded from operating cash flow. The Partnership evaluates the
capital  improvement needs of the property during the year and currently expects
to complete an additional $35,000 in capital  improvements  during the remainder
of 2003. The additional  capital  improvements  will consist  primarily of floor
covering and appliance  replacements  and patio fence  replacements.  Additional
capital improvements may be considered and will depend on the physical condition
of the  property  as well as  replacement  reserves  and  anticipated  cash flow
generated by the property.

The additional  capital  expenditures will be incurred only if cash is available
from operations or from Partnership  reserves.  To the extent that such budgeted
capital improvements are completed,  the Partnership's  distributable cash flow,
if any, may be adversely affected at least in the short term.

The  Partnership's  assets are thought to be sufficient for any near-term  needs
(exclusive of capital improvements) of the Partnership.  Subsequent to March 31,
2003,  the  Partnership  refinanced  the  mortgages  encumbering  three  of  the
investment properties. The new mortgages total approximately $27,060,000 and are
being amortized over 60 months with required  balloon  payments of approximately
$21,719,000 due in 2008. The remaining indebtedness of approximately  $4,144,000
is amortized over 60 months with a balloon payment of  approximately  $3,639,000
due in 2007.  The  Managing  General  Partner  will  attempt to  refinance  such
indebtedness  and/or sell the properties  prior to such maturity  dates.  If the
properties cannot be refinanced or sold for a sufficient amount, the Partnership
may risk losing such properties through foreclosure.

The Partnership  distributed the following amounts during the three months ended
March 31, 2003 and 2002 (in thousands, except per unit data):
<TABLE>
<CAPTION>

                   Three Months      Per Limited       Three Months      Per Limited
                       Ended         Partnership          Ended          Partnership
                  March 31, 2003         Unit         March 31, 2002         Unit

<S>                   <C>               <C>               <C>               <C>
Operations            $1,212            $51.45            $ 355             $15.07
</TABLE>

The  Partnership's  cash  available  for  distribution  is reviewed on a monthly
basis. Future cash distributions will depend on the levels of net cash generated
from  operations,  the  availability  of cash  reserves,  and the timing of debt
maturities,  refinancings  and/or  property  sales.  There can be no  assurance,
however,  that the Partnership  will generate  sufficient  funds from operations
after  required  capital  improvements  to permit further  distributions  to its
partners during the remainder of 2003 or subsequent periods.

Other

In addition to its  indirect  ownership of the general  partner  interest in the
Partnership,  AIMCO and its affiliates  owned 13,627 limited  partnership  units
(the "Units") in the Partnership representing 57.84% of the outstanding Units at
March 31, 2003. A number of these Units were acquired  pursuant to tender offers
made by AIMCO or its  affiliates.  It is possible  that AIMCO or its  affiliates
will acquire additional units of limited partnership interest in the Partnership
in  exchange  for  cash or a  combination  of cash and  units  in the  operating
partnership of AIMCO either through  private  purchases or tender offers.  Under
the  Partnership  Agreement,  unitholders  holding a  majority  of the Units are
entitled to take action with respect to a variety of matters which would include
voting on certain  amendments to the Partnership  Agreement and voting to remove
the  Managing  General  Partner.  As a result of its  ownership of 57.84% of the
outstanding Units, AIMCO is in a position to influence all such voting decisions
with respect to the  Partnership.  Although the  Managing  General  Partner owes
fiduciary  duties to the  limited  partners  of the  Partnership,  the  Managing
General Partner also owes fiduciary duties to AIMCO as its sole stockholder.  As
a result, the duties of the Managing General Partner, as general partner, to the
Partnership  and its limited  partners may come into conflict with the duties of
the Managing General Partner to AIMCO, as its sole stockholder.

Critical Accounting Policies and Estimates

The consolidated financial statements are prepared in accordance with accounting
principles generally accepted in the United States which require the Partnership
to  make  estimates  and  assumptions.  The  Partnership  believes  that  of its
significant  accounting  policies,  the following may involve a higher degree of
judgment and complexity.

Impairment of Long-Lived Assets

Investment  properties  are  recorded at cost,  less  accumulated  depreciation,
unless  considered  impaired.  If  events  or  circumstances  indicate  that the
carrying  amount of a property may be  impaired,  the  Partnership  will make an
assessment of its  recoverability  by estimating  the  undiscounted  future cash
flows,  excluding  interest  charges,  of the property.  If the carrying  amount
exceeds the aggregate  future cash flows,  the  Partnership  would  recognize an
impairment  loss to the extent the carrying amount exceeds the fair value of the
property.

Real  property  investments  are  subject  to varying  degrees of risk.  Several
factors  may  adversely  affect  the  economic  performance  and  value  of  the
Partnership's  investment  properties.  These  factors  include  changes  in the
national,  regional and local economic  climate;  local  conditions,  such as an
oversupply  of  multifamily   properties;   competition   from  other  available
multifamily  property  owners and changes in market  rental  rates.  Any adverse
changes in these factors could cause an impairment in the Partnership's assets.

Revenue Recognition

The Partnership generally leases apartment units for twelve-month terms or less.
Rental income  attributable to leases is recognized  monthly as it is earned and
the Partnership  fully reserves all balances  outstanding  over thirty days. The
Partnership will offer rental concessions during  particularly slow months or in
response  to  heavy  competition  from  other  similar  complexes  in the  area.
Concessions are charged to income as incurred.

ITEM 3.     CONTROLS AND PROCEDURES

The principal  executive officer and principal financial officer of the Managing
General Partner, who are the equivalent of the Partnership's principal executive
officer and principal financial officer,  respectively,  have, within 90 days of
the filing date of this quarterly  report,  evaluated the  effectiveness  of the
Partnership's  disclosure  controls and  procedures  (as defined in Exchange Act
Rules 13a-14(c) and 15d-14(c)) and have determined that such disclosure controls
and  procedures  are  adequate.  There have been no  significant  changes in the
Partnership's  internal  controls or in other  factors that could  significantly
affect the  Partnership's  internal  controls since the date of evaluation.  The
Partnership does not believe any significant  deficiencies or material  weakness
exist in the Partnership's internal controls. Accordingly, no corrective actions
have been taken.


                           PART II - OTHER INFORMATION



ITEM 3.     EXHIBITS AND REPORTS ON FORM 8-K

            a)    Exhibits:

                  Exhibit 3.1, Amended and Restated Agreement and Certificate of
                  Limited Partnership (incorporated by reference to Exhibit A of
                  the Prospectus of the Partnership, dated May 24, 1985).

                  Exhibit 99, Certification  Pursuant to 18 U.S.C. Section 1350,
                  as Adopted Pursuant to Section 906 of the  Sarbanes-Oxley  Act
                  of 2002.

            b)    Reports on Form 8-K filed  during the quarter  ended March 31,
                  2003:

                  None.




<PAGE>




                                   SIGNATURES



In accordance with the  requirements of the Exchange Act, the Registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.



                             OXFORD RESIDENTIAL PROPERTIES I LIMITED PARTNERSHIP


                              By:   Oxford Residential Properties I Corporation
                                    Managing General Partner


                              By:   /s/Patrick J. Foye
                                    Patrick J. Foye
                                    Executive Vice President


                              By:   /s/Thomas C. Novosel
                                    Thomas C. Novosel
                                    Senior Vice President
                                    and Chief Accounting Officer


                              Date: May 20, 2003



<PAGE>



                                  CERTIFICATION


I, Patrick J. Foye, certify that:


1. I have reviewed this  quarterly  report on Form 10-QSB of Oxford  Residential
Properties I;


2. Based on my  knowledge,  this  quarterly  report  does not contain any untrue
statement of a material fact or omit to state a material fact  necessary to make
the statements made, in light of the  circumstances  under which such statements
were made, not  misleading  with respect to the period covered by this quarterly
report;


3.  Based  on my  knowledge,  the  financial  statements,  and  other  financial
information  included in this quarterly  report,  fairly present in all material
respects the financial  condition,  results of operations  and cash flows of the
registrant as of, and for, the periods presented in this quarterly report;


4.  The  registrant's  other  certifying  officers  and  I are  responsible  for
establishing and maintaining  disclosure  controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:


      a)  Designed  such  disclosure  controls  and  procedures  to ensure  that
      material   information   relating  to  the   registrant,   including   its
      consolidated  subsidiaries,  is made  known to us by others  within  those
      entities, particularly during the period in which this quarterly report is
      being prepared;


      b) Evaluated the effectiveness of the registrant's disclosure controls and
      procedures  as of a date  within 90 days prior to the filing  date of this
      quarterly report (the "Evaluation Date"); and


      c)  Presented  in  this  quarterly   report  our  conclusions   about  the
      effectiveness  of the  disclosure  controls  and  procedures  based on our
      evaluation as of the Evaluation Date;


5. The registrant's other certifying officers and I have disclosed, based on our
most recent evaluation,  to the registrant's auditors and the audit committee of
registrant's   board  of  directors  (or  persons   performing   the  equivalent
functions):


      a) All  significant  deficiencies  in the design or  operation of internal
      controls which could adversely affect the registrant's  ability to record,
      process,  summarize and report  financial data and have identified for the
      registrant's auditors any material weaknesses in internal controls; and


      b) Any fraud,  whether or not material,  that involves management or other
      employees  who  have  a  significant  role  in the  registrant's  internal
      controls; and


6. The  registrant's  other  certifying  officers  and I have  indicated in this
quarterly  report  whether or not there  were  significant  changes in  internal
controls or in other factors that could  significantly  affect internal controls
subsequent to the date of our most recent  evaluation,  including any corrective
actions with regard to significant deficiencies and material weaknesses.


Date:  May 20, 2003

                                    /s/Patrick J. Foye
                                    Patrick J. Foye
                                    Executive Vice President of Oxford
                                    Residential Properties I Corporation,
                                    equivalent of the chief executive officer of
                                    the Partnership


<PAGE>



                                  CERTIFICATION


I, Paul J. McAuliffe, certify that:


1. I have reviewed this  quarterly  report on Form 10-QSB of Oxford  Residential
Properties I;


2. Based on my  knowledge,  this  quarterly  report  does not contain any untrue
statement of a material fact or omit to state a material fact  necessary to make
the statements made, in light of the  circumstances  under which such statements
were made, not  misleading  with respect to the period covered by this quarterly
report;


3.  Based  on my  knowledge,  the  financial  statements,  and  other  financial
information  included in this quarterly  report,  fairly present in all material
respects the financial  condition,  results of operations  and cash flows of the
registrant as of, and for, the periods presented in this quarterly report;


4.  The  registrant's  other  certifying  officers  and  I are  responsible  for
establishing and maintaining  disclosure  controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:


      a)  Designed  such  disclosure  controls  and  procedures  to ensure  that
      material   information   relating  to  the   registrant,   including   its
      consolidated  subsidiaries,  is made  known to us by others  within  those
      entities, particularly during the period in which this quarterly report is
      being prepared;


      b) Evaluated the effectiveness of the registrant's disclosure controls and
      procedures  as of a date  within 90 days prior to the filing  date of this
      quarterly report (the "Evaluation Date"); and


      c)  Presented  in  this  quarterly   report  our  conclusions   about  the
      effectiveness  of the  disclosure  controls  and  procedures  based on our
      evaluation as of the Evaluation Date;


5. The registrant's other certifying officers and I have disclosed, based on our
most recent evaluation,  to the registrant's auditors and the audit committee of
registrant's   board  of  directors  (or  persons   performing   the  equivalent
functions):


      a) All  significant  deficiencies  in the design or  operation of internal
      controls which could adversely affect the registrant's  ability to record,
      process,  summarize and report  financial data and have identified for the
      registrant's auditors any material weaknesses in internal controls; and


      b) Any fraud,  whether or not material,  that involves management or other
      employees  who  have  a  significant  role  in the  registrant's  internal
      controls; and


6. The  registrant's  other  certifying  officers  and I have  indicated in this
quarterly  report  whether or not there  were  significant  changes in  internal
controls or in other factors that could  significantly  affect internal controls
subsequent to the date of our most recent  evaluation,  including any corrective
actions with regard to significant deficiencies and material weaknesses.


Date:  May 20, 2003

                                    /s/Paul J. McAuliffe
                                    Paul J. McAuliffe
                                    Executive Vice President and Chief Financial
                                    Officer of Oxford  Residential  Properties I
                                    Corporation,   equivalent   of   the   chief
                                    financial officer of the Partnership



<PAGE>


Exhibit 99


                          Certification of CEO and CFO
                       Pursuant to 18 U.S.C. Section 1350,
                             As Adopted Pursuant to
                  Section 906 of the Sarbanes-Oxley Act of 2002



In  connection  with the Quarterly  Report on Form 10-QSB of Oxford  Residential
Properties I Limited Partnership (the  "Partnership"),  for the quarterly period
ended March 31, 2003 as filed with the Securities and Exchange Commission on the
date hereof (the  "Report"),  Patrick J. Foye,  as the  equivalent  of the chief
executive officer of the Partnership,  and Paul J. McAuliffe,  as the equivalent
of the chief  financial  officer  of the  Partnership,  each  hereby  certifies,
pursuant to 18 U.S.C.  Section 1350,  as adopted  pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002, that, to the best of his knowledge:

      (1)   The Report fully complies with the  requirements of Section 13(a) or
            15(d) of the Securities Exchange Act of 1934; and

      (2)   The  information  contained in the Report  fairly  presents,  in all
            material respects, the financial condition and results of operations
            of the Partnership.


                                    /s/  Patrick J. Foye
                                    Name:  Patrick J. Foye
                                    Date:  May 20, 2003


                                    /s/  Paul J. McAuliffe
                                    Name:  Paul J. McAuliffe
                                    Date:  May 20, 2003


This  certification  accompanies  the  Report  pursuant  to  Section  906 of the
Sarbanes-Oxley  Act of 2002 and shall not,  except to the extent required by the
Sarbanes-Oxley  Act of 2002, be deemed filed by the  Partnership for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended.