Note 2 - Investments in and Advances To Local Partnerships: Schecule of Reconciliation of real estate (Tables)

12 Months Ended

Dec. 31, 2014

Tables/Schedules

Schecule of Reconciliation of real estate

Reconciliation of real estate (unaudited)

	Years Ended December 31,
	2014	2013
	(in thousands)
Balance at beginning of year	$ 3,348	$ 3,341
Improvements	378	7
Disposals of assets	--	0
Balance at end of year	$ 3,726	$ 3,348