EX-99.(A)(14) 2 d18193a4exv99wxayx14y.txt PRESS RELEASE Exhibit (a)(14) CONTACT: The Altman Group, Inc. (800) 467-0821 (toll free) FOR IMMEDIATE RELEASE AIMCO PROPERTIES, L.P. ANNOUNCES EXTENSION OF TENDER OFFERS DENVER, COLORADO, May 31, 2005 - As previously announced, AIMCO Properties, L.P. is offering to purchase units of limited partnership interest in the partnerships set forth below, subject to the terms of their respective Offers to Purchase and related Letters of Transmittal (as amended and supplemented, the "Offers"). AIMCO Properties, L.P. has now extended the expiration date of each of the Offers to midnight, New York City time, on June 27, 2005. The Offers were previously scheduled to expire at midnight, New York City time, on May 31, 2005. AIMCO Properties, L.P. has reported, based on information provided by the Information Agent for the Offers, that as of the close of business on May 27, 2005, the approximate number of units set forth below had been tendered pursuant to each of the Offers. Name of Partnership Number of Units Tendered ------------------- ------------------------ Century Properties Fund XIV 698.5 Century Properties Fund XV 2,450 Century Properties Fund XIX 3,570 Century Properties Growth Fund XXII 4,963 Davidson Growth Plus, L.P. 842 Davidson Income Real Estate, L.P. 550 Fox Strategic Housing Income Partners 1,007 National Property Investors III 607 For further information, please contact The Altman Group, Inc. at (800) 467-0821 (toll free), which is acting as the Information Agent for the Offers.