SUBSEQUENT EVENTS

9 Months Ended

Dec. 31, 2014

Subsequent Events [Abstract]

Subsequent Events [Text Block]

NOTE G - SUBSEQUENT EVENTS

Subsequent to December 31, 2014, the Fund has entered into an agreement to sell or transfer the interest in twelve operating limited partnerships. The estimated sale or transfer price and other terms for the dispositions of the operating limited partnerships has been determined. The estimated proceeds to be received for the operating limited partnerships are $1,632,510. The estimated gain on the sale or transfer of the operating limited partnerships are $1,341,695 and is expected to be recognized in the fourth quarter of fiscal year ending March 31, 2015.