DUE FROM AFFILIATE

3 Months Ended

Jun. 30, 2011

DUE FROM AFFILIATE

DUE FROM AFFILIATES

NOTE 4 - DUE FROM AFFILIATE

During the three months ended June 30, 2011, the Partnership paid $35,130 to the General Partner for the reimbursement of operating expenses paid on behalf of the Partnership.  The payment was made based on the estimated expenses associated with the disposition of the Local Limited Partnership during the three months ended June 30, 2011.  Actual expenses were lower than the estimate, therefore, the Partnership overpaid the General Partner.