Note 2 - Investments in and Advances to Local Limited Partnerships: Condensed Combined Balance Sheets of the Local Partnerships (Tables)

12 Months Ended

Dec. 31, 2020

Tables/Schedules

Condensed Combined Balance Sheets of the Local Partnerships

Condensed Combined Balance Sheets of the Local Limited Partnership (in thousands – unaudited)
	December 31,
	2020	2019
Assets:
Land	$    345	$    345
Buildings and improvements	2,909	2,907
Accumulated depreciation	(2,635)	(2,546)
Other assets	219	144
Total Assets	$    838	$    850
Liabilities and Partners’ Deficit:
Mortgage notes payable	$    589	$    604
Other liabilities	1,396	1,386
Partners’ deficit	(1,147)	(1,140)
Total Liabilities and partners’ deficit	$    838	$    850