<TABLE> <S> <C>

<ARTICLE>                  5
       
<S>                                                  <C>
<PERIOD-TYPE>                                        12-MOS
<FISCAL-YEAR-END>                                    MAR-31-1997
<PERIOD-END>                                         MAR-31-1997
<CASH>                                               453,264
<SECURITIES>                                         1,923,032
<RECEIVABLES>                                        000
<ALLOWANCES>                                         000
<INVENTORY>                                          000
<CURRENT-ASSETS>                                     000
<PP&E>                                               1,158,106
<DEPRECIATION>                                       000
<TOTAL-ASSETS>                                       8,369,107<F1>
<CURRENT-LIABILITIES>                                000
<BONDS>                                              1,210,000
<PREFERRED-MANDATORY>                                000
<PREFERRED>                                          000
<COMMON>                                             000
<OTHER-SE>                                           6,945,688
<TOTAL-LIABILITY-AND-EQUITY>                         8,369,107<F2>
<SALES>                                              000
<TOTAL-REVENUES>                                     435,791<F3>
<CGS>                                                000
<TOTAL-COSTS>                                        000
<OTHER-EXPENSES>                                     324,678<F4>
<LOSS-PROVISION>                                     000
<INTEREST-EXPENSE>                                   118,095
<INCOME-PRETAX>                                      000
<INCOME-TAX>                                         000
<INCOME-CONTINUING>                                  000
<DISCONTINUED>                                       000
<EXTRAORDINARY>                                      000
<CHANGES>                                            000
<NET-INCOME>                                         (2,048,112)<F5>
<EPS-PRIMARY>                                        (40.55)
<EPS-DILUTED>                                        000
<FN>
<F1>Included in total assets is $4,709 of tenant security  deposits,  $4,645,508
of Investments  in Local Limited  Partnerships,  $6,092 of  replacement  reserve
escrow,  $10,230 of Mortgagee escrow deposits $86,209 in bond trusts, $48,369 of
deferred charges,  and $33,588 of other assets.  <F2>Included in total liability
and equity are $58,847 of minority  interest in the Local  Limited  Partnership,
Accounts payable and accrued expenses of $46,346,  Accounts payable to affiliate
of $34,790,  Accrued interest of $68,819 and tenant security deposits payable of
$4,617.  <F3>Total revenue includes $151,516 of investment revenue,  $227,492 of
rental revenue, and $56,783 of other revenue.  <F4>Included in other expenses is
an adjustment to the  provision  for valuation of  investments  in Local Limited
Partnerships of $(137,073),  $100,691 of  amortization,  $207,292 of general and
administrative  expenses,  $42,547  of  depreciation and $111,221 of rental 
operations. <F5>Net income reflects Equity in losses of Local Limited  
Partnerships  of  $2,041,502  and $372 of minority  interest.  
</FN>
        

</TABLE>