Delaware
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04-3208648
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|
(State or other jurisdiction
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(I.R.S. Employer
|
|
of incorporation or organization)
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Identification No.)
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Yes ¨
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No x
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Yes ¨
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No x
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Yes x
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No ¨
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Yes ¨
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No ¨
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Large accelerated filer ¨
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Accelerated filer ¨
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Non-accelerated filer ¨
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Smaller reporting company x
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Yes ¨
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No x
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Business
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(1)
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Provide current tax benefits to investors in the form of Federal Housing Tax Credits and, in limited instances, a small amount of Rehabilitation Tax Credits, which an investor may apply, subject to strict limitations, against the investor's federal income tax liability from active, portfolio and passive income;
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(2)
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Preserve and protect the Fund's capital and provide capital appreciation and cash distributions through increases in value of the Fund's investments and, to the extent applicable, equity buildup through periodic payments on the mortgage indebtedness with respect to the apartment complexes;
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(3)
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Provide tax benefits in the form of passive losses which an investor may apply to offset his passive income (if any); and
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(4)
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Provide cash distributions (except with respect to the Fund's investment in some non-profit Operating Partnerships) from capital transaction proceeds. The Operating Partnerships intend to hold the apartment complexes for appreciation in value. The Operating Partnerships may sell the apartment complexes after a period of time if financial conditions in the future make such sales desirable and if such sales are permitted by government restrictions.
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Risk Factors
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-
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The necessity of obtaining the consent of the operating general partners;
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-
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The necessity of obtaining the approval of any governmental agency(ies) providing government assistance to the apartment complex; and
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-
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The uncertainty of the market.
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Unresolved Staff Comments
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Properties
|
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
|||||||||||||||||||
Ashbury Apartments
|
Sioux Falls, SD
|
48 | $ | 1,065,003 | 4/94 | 6/94 | 100 | % | $ | 806,117 | ||||||||||||||||
Bennetts Pointe Apts.
|
Bennetsville, SC
|
32 | 1,274,688 | 3/94 | 8/94 | 100 | % | 281,100 | ||||||||||||||||||
Bradley Manor
|
Bradley, AR
|
25 | 759,756 | 8/94 | 3/95 | 100 | % | 182,044 | ||||||||||||||||||
Club Goldenrod II, Apartments
|
Orlando, FL
|
220 | 6,712,966 | 4/94 | 6/95 | 100 | % | 3,681,417 | ||||||||||||||||||
Concordia Manor I
|
St. Croix, VI
|
22 | 1,397,454 | 8/94 | 7/95 | 100 | % | 490,034 | ||||||||||||||||||
Coushatta Seniors II Apartments
|
Coushatta, LA
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24 | 675,292 | 5/94 | 3/94 | 100 | % | 175,182 | ||||||||||||||||||
Edison Lane Apartments
|
Edison, GA
|
24 | 688,042 | 9/94 | 10/95 | 100 | % | 204,561 | ||||||||||||||||||
Fairoaks Lane Apts.
|
Rincon, GA
|
44 | 1,354,395 | 7/94 | 5/95 | 100 | % | 339,284 | ||||||||||||||||||
Floral Acres II
|
Waggaman, LA
|
32 | 982,033 | 5/94 | 8/94 | 100 | % | 228,457 | ||||||||||||||||||
Forest Glen Village
|
Vidalia, GA
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46 | 1,269,188 | 7/94 | 2/95 | 100 | % | 378,777 | ||||||||||||||||||
Gardenview Apartments
|
Pasedena, TX
|
309 | 4,279,370 | 6/94 | 9/95 | 100 | % | 2,261,021 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
|||||||||||||||||||
Harrisonburg, Seniors Apts.
|
Harrison-burg, LA
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24 | $ | 645,442 | 5/94 | 1/94 | 100 | % | $ | 176,621 | ||||||||||||||||
Hillside Apartments
|
Cynthiana, KY
|
48 | 431,437 | 10/94 | 4/95 | 100 | % | 643,850 | ||||||||||||||||||
Kristine Apartments
|
Bakersfield, CA
|
60 | 942,697 | 10/94 | 10/94 | 100 | % | 311,675 | ||||||||||||||||||
Northfield Apts.
|
Jackson, MS
|
120 | 2,432,089 | 6/94 | 8/95 | 100 | % | 3,273,126 | ||||||||||||||||||
Riverview Apartments
|
Franklinton, LA
|
47 | 1,597,111 | 4/94 | 10/94 | 100 | % | 370,000 | ||||||||||||||||||
Shady Lane Senior Apts.
|
Winnfield, LA
|
32 | 884,300 | 5/94 | 10/93 | 100 | % | 197,200 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
|||||||||||||||||||
Black River Run
|
Black River Falls, WI
|
48 | $ | 913,457 | 10/94 | 12/94 | 100 | % | $ | 350,531 | ||||||||||||||||
Forest Glen at Sully Station
|
Centreville, VA
|
119 | 5,581,437 | 11/94 | 9/95 | 100 | % | 2,649,450 | ||||||||||||||||||
Fort Halifax
|
Winslow, ME
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24 | 928,725 | 9/94 | 1/95 | 100 | % | 389,085 | ||||||||||||||||||
Havelock Manor Apts.
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Havelock, NC
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60 | 1,735,012 | 12/94 | 10/95 | 100 | % | 347,557 | ||||||||||||||||||
Holly Village
|
Buchanan, GA
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24 | 679,437 | 8/94 | 6/95 | 100 | % | 205,400 | ||||||||||||||||||
Liveoak Village
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Union Springs, AL
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24 | 721,227 | 10/94 | 7/95 | 100 | % | 176,953 | ||||||||||||||||||
Pinedale Apartments II
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Menomonie, WI
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60 | 1,053,678 | 10/94 | 12/94 | 100 | % | 869,798 | ||||||||||||||||||
Pumphouse Crossing II Apartments
|
Chippewa, WI
|
48 | 1,065,634 | 10/94 | 12/94 | 100 | % | 692,840 | ||||||||||||||||||
Tower View Apartments
|
Tower City, PA
|
25 | 1,064,561 | 11/94 | 5/95 | 100 | % | 268,863 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
|||||||||||||||||||
Albemarle Village
|
Hertford, NC
|
36 | $ | 1,342,867 | 1/95 | 9/94 | 100 | % | $ | 321,628 | ||||||||||||||||
Bayou Crossing
|
Riverview, FL
|
290 | 8,111,406 | 11/94 | 1/96 | 100 | % | 2,854,036 | ||||||||||||||||||
Black River Run Apts.
|
Black River Falls, WI
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48 | 913,457 | 3/95 | 12/94 | 100 | % | 395,279 | ||||||||||||||||||
Club II Goldenrod
|
Orlando, FL
|
220 | 6,712,966 | 3/95 | 6/95 | 100 | % | 2,106,975 | ||||||||||||||||||
Cobblestone Apartments
|
Fuquay, NC
|
33 | 1,347,032 | 1/95 | 5/94 | 100 | % | 326,054 | ||||||||||||||||||
Concordia Manor II
|
St. Croix, VI
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20 | 1,429,897 | 1/95 | 11/95 | 100 | % | 259,444 | ||||||||||||||||||
Concordia Manor III
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St. Croix, VI
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20 | 1,408,792 | 2/95 | 12/95 | 100 | % | 264,007 | ||||||||||||||||||
Drakes Branch Elderly
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Drakes Branch, VA
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32 | 1,206,478 | 1/95 | 6/95 | 100 | % | 232,722 | ||||||||||||||||||
Elks Towers Apartments
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Litchfield, IL
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27 | 694,677 | 10/95 | 12/96 | 100 | % | 756,656 | ||||||||||||||||||
Highland House
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Boston, MA
|
14 | 1,978,276 | 12/96 | 5/97 | 100 | % | 586,492 | ||||||||||||||||||
Kimbark 1200 Apts.
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Longmont, CO
|
48 | 1,845,225 | 9/95 | 12/95 | 100 | % | 321,843 | ||||||||||||||||||
Kingsway Apartments
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Swedsboro, NJ
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36 | 1,395,135 | 7/95 | 11/01 | 100 | % | 384,585 | ||||||||||||||||||
Lake City Apartments
|
Lake City, PA
|
44 | 1,234,959 | 8/98 | 6/98 | 100 | % | 240,900 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
|||||||||||||||||||
Marksville Square
|
Marksville, LA
|
32 | $ | 908,780 | 1/95 | 1/96 | 100 | % | $ | 268,848 | ||||||||||||||||
Neshoba County
|
Philadelphia, MS
|
25 | 814,755 | 7/95 | 8/95 | 100 | % | 251,411 | ||||||||||||||||||
Philadelphia Square
|
Philadelphia, MS
|
16 | 521,442 | 7/95 | 8/95 | 100 | % | 149,950 | ||||||||||||||||||
Quankey Hills
|
Halifax, NC
|
24 | 953,263 | 1/95 | 3/95 | 100 | % | 200,496 | ||||||||||||||||||
Richmond Square
|
Richmond, MO
|
32 | 657,079 | 12/94 | 2/95 | 100 | % | 931,456 | ||||||||||||||||||
Salem Wood Apartments
|
Salemburg, NC
|
24 | 852,516 | 1/95 | 12/94 | 100 | % | 181,355 | ||||||||||||||||||
The Birches
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Old Orchard Beach, ME
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88 | 2,800,000 | 1/95 | 3/96 | 100 | % | 1,514,512 | ||||||||||||||||||
Troy Villa Apartments
|
Troy, MO
|
64 | 1,493,837 | 12/94 | 6/95 | 100 | % | 1,810,416 | ||||||||||||||||||
Twin City Villa
|
Festus, MO
|
40 | 1,090,786 | 1/95 | 11/95 | 100 | % | 679,176 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
|||||||||||||||||||
Bayou Crossing
|
Riverview, FL
|
290 | $ | 8,111,406 | 4/95 | 1/96 | 100 | % | $ | 4,281,054 | ||||||||||||||||
Concordia Manor II
|
St. Croix, VI
|
20 | 1,429,897 | 1/95 | 11/95 | 100 | % | 259,445 | ||||||||||||||||||
Concordia Manor III
|
St. Croix, VI
|
20 | 1,408,792 | 2/95 | 12/95 | 100 | % | 264,007 | ||||||||||||||||||
Colonna House
|
Hempstead, NY
|
37 | 713,844 | 5/95 | 5/95 | 100 | % | 1,551,605 | ||||||||||||||||||
Great Pines Apts.
|
Hurleyville, NY
|
26 | 1,086,301 | 7/95 | 12/95 | 100 | % | 340,835 | ||||||||||||||||||
Ithaca Apts. I
|
Ithaca, MI
|
28 | 533,560 | 11/95 | 7/95 | 100 | % | 164,008 | ||||||||||||||||||
Kimbark 1200 Apts.
|
Longmont, CO
|
48 | 1,845,225 | 9/95 | 12/95 | 100 | % | 965,530 | ||||||||||||||||||
La Pensione K Apts.
|
Sacramento, CA
|
129 | 2,205,303 | 9/95 | 12/96 | 100 | % | 2,650,580 | ||||||||||||||||||
Mathis Apartments
|
Mathis, TX
|
32 | 857,987 | 1/95 | 1/95 | 100 | % | 228,172 | ||||||||||||||||||
Mid City Apartments
|
Jersey City, NJ
|
58 | 2,219,350 | 9/95 | 6/94 | 100 | % | 113,679 | ||||||||||||||||||
Orange Grove Seniors
|
Orange Grove, TX
|
24 | 627,118 | 5/95 | 2/95 | 100 | % | 163,637 | ||||||||||||||||||
Riverview Apartments
|
St. Louis, MO
|
42 | 1,173,875 | 8/95 | 12/95 | 100 | % | 1,160,308 | ||||||||||||||||||
St. Peters Villa
|
St. Peters, MO
|
54 | 1,379,987 | 7/95 | 3/96 | 100 | % | 1,495,685 | ||||||||||||||||||
The Birches
|
Old Orchard Beach,ME
|
88 | 2,800,000 | 1/95 | 3/96 | 100 | % | 1,399,532 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
|||||||||||||||||||
Twin City Villa
|
Festus, MO
|
40 | $ | 1,090,786 | 2/95 | 11/95 | 100 | % | $ | 679,176 | ||||||||||||||||
Village Woods Est.
|
Kansas City, KS
|
45 | 1,235,078 | 5/95 | 12/95 | 100 | % | 1,704,928 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
|||||||||||||||||||
Autumn Ridge Apartments
|
Shenandoah, VA
|
34 | $ | 1,475,399 | 7/96 | 1/97 | 100 | % | $ | 319,466 | ||||||||||||||||
Brooks Summit
|
Blue Ridge, GA
|
36 | 1,073,930 | 12/95 | 11/96 | 100 | % | 332,470 | ||||||||||||||||||
Century East Apts. IV
|
Bismark, ND
|
24 | 535,622 | 8/95 | 8/95 | 100 | % | 399,962 | ||||||||||||||||||
Century East Apts. V
|
Bismark, ND
|
24 | 534,703 | 11/95 | 9/95 | 100 | % | 399,962 | ||||||||||||||||||
Cooper's Crossing
|
Irving, TX
|
93 | 2,991,936 | 6/96 | 12/95 | 100 | % | 848,708 | ||||||||||||||||||
Edenfield Apartments
|
Millen, GA
|
48 | 1,099,454 | 1/96 | 12/96 | 100 | % | 314,827 | ||||||||||||||||||
Elm Street Apartments
|
Yonkers, NY
|
35 | 983,637 | 1/96 | 1/96 | 100 | % | 407,601 | ||||||||||||||||||
Heritage Glen Apts.
|
Coolidge, AZ
|
28 | 1,075,407 | 4/96 | 4/96 | 100 | % | 373,388 | ||||||||||||||||||
Hillridge Apts
|
Los Lunas, NM
|
38 | 215,000 | 8/96 | 6/96 | 100 | % | 1,466,007 | ||||||||||||||||||
Lake Apts I
|
Fargo, ND
|
24 | 527,585 | 8/95 | 7/95 | 100 | % | 399,962 | ||||||||||||||||||
Lakeway Apts
|
Zwolle, LA
|
32 | 792,400 | 11/95 | 4/96 | 100 | % | 210,714 | ||||||||||||||||||
Madison Park IV
|
Boston, MA
|
143 | 13,147,712 | 5/96 | 3/97 | 100 | % | 1,220,537 | ||||||||||||||||||
New Hilltop Apartments
|
Laurens, SC
|
72 | 1,512,028 | 11/95 | 11/95 | 100 | % | 450,039 | ||||||||||||||||||
North Hampton Pl.
|
Columbia, MO
|
36 | 638,432 | 11/95 | 3/96 | 100 | % | 1,002,996 | ||||||||||||||||||
Northfield Housing, L.P.
|
Jackson, MS
|
5 | 131,264 | 12/96 | 9/96 | 100 | % | 217,266 | ||||||||||||||||||
Pahrump Valley Apts.
|
Pahrump, NV
|
32 | 1,335,225 | 7/96 | 7/96 | 100 | % | 335,225 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
|||||||||||||||||||
Park Meadow Apartments
|
Gaylord, MI
|
80 | $ | 1,484,111 | 9/95 | 4/97 | 100 | % | $ | 1,753,158 | ||||||||||||||||
Shadowcreek Apartments
|
Overton, NV
|
24 | 1,174,319 | 6/96 | 9/96 | 100 | % | 361,320 | ||||||||||||||||||
Woodlands Apartments
|
Elko, NV
|
24 | 1,170,324 | 11/95 | 9/95 | 100 | % | 269,867 | ||||||||||||||||||
Wyandotte Apartments
|
Los Angeles, CA
|
73 | 2,781,211 | 4/96 | 2/97 | 100 | % | 1,663,747 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
|||||||||||||||||||
Dunlap Acres
|
West Point, MS
|
50 | $ | 784,843 | 9/96 | 4/96 | 100 | % | $ | 522,160 | ||||||||||||||||
Century East II Apts.
|
Bismark, ND
|
24 | 417,063 | 8/96 | 6/96 | 100 | % | 371,183 | ||||||||||||||||||
Clarke Manor Apts.
|
Pokamoke City, MD
|
30 | 1,169,837 | 2/96 | 4/96 | 100 | % | 440,107 | ||||||||||||||||||
Hannah Heights Apts.
|
Ethel, MS
|
28 | 778,459 | 6/96 | 12/96 | 100 | % | 321,584 | ||||||||||||||||||
Heartland Green Cave
|
Horse Cave, KY
|
24 | 804,905 | 5/96 | 11/96 | 100 | % | 270,132 | ||||||||||||||||||
Hurricane Hills
|
Hurricane, UT
|
49 | 951,769 | 9/96 | 4/97 | 100 | % | 2,242,394 | ||||||||||||||||||
Lenox Ave. Apts.
|
Manhattan, NY
|
18 | 558,603 | 10/96 | 9/97 | 100 | % | 955,524 | ||||||||||||||||||
Madison Park IV
|
Boston, MA
|
143 | 13,147,712 | 5/96 | 3/97 | 100 | % | 2,169,843 | ||||||||||||||||||
Rose Square
|
Connellsville, PA
|
11 | 376,309 | 10/96 | 2/97 | 100 | % | 288,209 | ||||||||||||||||||
Rosewood Estates, II
|
Bladenboro, NC
|
16 | 652,403 | 9/96 | 12/96 | 100 | % | 124,304 | ||||||||||||||||||
Shannon Rentals
|
Shannon, MS
|
48 | 1,204,483 | 4/96 | 1/97 | 100 | % | 324,990 | ||||||||||||||||||
Smith House
|
Roxbury, MA
|
132 | 659,315 | 4/96 | 3/97 | 100 | % | 1,031,269 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
|||||||||||||||||||
Sutton Place
|
Indianapolis, IN
|
360 | $ | 5,085,000 | 11/96 | 10/97 | 100 | % | $ | 823,257 | ||||||||||||||||
The Mary Ryder Home
|
St. Louis, MO
|
48 | 753,925 | 6/96 | 1/97 | 100 | % | 1,591,573 | ||||||||||||||||||
Washington Arms
|
Dayton, OH
|
93 | 2,175,014 | 2/96 | 2/95 | 100 | % | 203,859 | ||||||||||||||||||
Wyandotte Apts.
|
Los Angeles, CA
|
73 | 2,781,211 | 4/96 | 2/97 | 100 | % | 2,280,623 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
|||||||||||||||||||
Academy Apts.
|
West Point, VA
|
32 | $ | 1,116,262 | 4/97 | 3/98 | 100 | % | $ | 263,722 | ||||||||||||||||
Brookhaven Apts.
|
Shrevport, LA
|
35 | 979,907 | 2/97 | 1/97 | 100 | % | 726,113 | ||||||||||||||||||
Butler Estates
|
Leesville, LA
|
10 | 128,811 | 8/96 | 10/96 | 100 | % | 129,311 | ||||||||||||||||||
Calgory Apts. I
|
Bismark, ND
|
24 | 518,862 | 2/96 | 12/95 | 100 | % | 414,507 | ||||||||||||||||||
Calgory Apts. II
|
Bismark, ND
|
24 | 529,374 | 2/96 | 12/95 | 100 | % | 414,507 | ||||||||||||||||||
Calgory Apts. III
|
Bismark, ND
|
24 | 507,281 | 2/96 | 12/95 | 100 | % | 414,507 | ||||||||||||||||||
Country Edge Apts.
|
Fargo, ND
|
48 | 737,637 | 7/97 | 12/97 | 100 | % | 1,128,587 | ||||||||||||||||||
Devonshire II Apts.
|
London, OH
|
28 | 685,520 | 1/97 | 12/96 | 100 | % | 182,070 | ||||||||||||||||||
Devonshire West Apts.
|
W. Jefferson, OH
|
19 | 481,717 | 1/97 | 1/97 | 100 | % | 126,983 | ||||||||||||||||||
East Park II Apts.
|
Dilworth, MN
|
24 | 443,328 | 8/96 | 8/96 | 100 | % | 525,631 | ||||||||||||||||||
Edgewood Estates Apts.
|
Edgewood, TX
|
22 | 559,077 | 6/97 | 11/96 | 100 | % | 173,436 | ||||||||||||||||||
Escher Street SRO
|
Trenton, NJ
|
104 | 1,060,867 | 4/97 | 5/98 | 100 | % | 3,734,928 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
|||||||||||||||||||
Grandview Apartments
|
Fargo, ND
|
36 | $ | 971,217 | 8/96 | 8/96 | 100 | % | $ | 1,069,522 | ||||||||||||||||
Grayson Manor
|
Independence, VA
|
32 | 952,505 | 3/98 | 11/98 | 100 | % | 656,156 | ||||||||||||||||||
Hallman Court Apts.
|
Rochester, NY
|
77 | 8,276,853 | 1/99 | 7/00 | 100 | % | 325,768 | ||||||||||||||||||
Hanover Apts.
|
Ashland, VA
|
40 | 1,215,797 | 11/97 | 4/98 | 100 | % | 295,538 | ||||||||||||||||||
Hazeltine Apts.
|
Los Angeles, CA
|
35 | 1,186,592 | 6/96 | 1/97 | 100 | % | 1,606,155 | ||||||||||||||||||
Holly Heights Apts.
|
Bowling Green, KY
|
30 | 1,018,930 | 5/97 | 8/97 | 100 | % | 362,738 | ||||||||||||||||||
Lake Apts. IV
|
Fargo, ND
|
24 | 534,707 | 2/96 | 12/95 | 100 | % | 414,507 | ||||||||||||||||||
Lake Apts. V
|
Fargo, ND
|
24 | 526,206 | 2/96 | 12/95 | 100 | % | 414,507 | ||||||||||||||||||
Lauderdale County Properties
|
Meriden, MS
|
48 | 932,233 | 12/98 | 5/99 | 100 | % | 444,136 | ||||||||||||||||||
Liberty Village Apts.
|
Liberty, NY
|
32 | 1,697,266 | 1/97 | 5/97 | 100 | % | 437,448 | ||||||||||||||||||
Little Valley Est.
|
Little Valley, NY
|
24 | 1,104,142 | 1/97 | 4/97 | 100 | % | 284,257 | ||||||||||||||||||
Maxton Green Apts.
|
Maxton, NC
|
32 | 904,617 | 9/96 | 12/96 | 100 | % | 263,281 | ||||||||||||||||||
Madison Apartments
|
Miami Beach, FL
|
17 | 785,986 | 3/96 | 6/97 | 100 | % | 911,695 | ||||||||||||||||||
Mason Manor Apts.
|
Mason, TN
|
24 | 890,384 | 2/96 | 1/96 | 100 | % | 229,775 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
|||||||||||||||||||
Mosby Forest Apts.
|
Littleton, NC
|
24 | $ | 506,081 | 10/96 | 10/96 | 100 | % | $ | 496,753 | ||||||||||||||||
New Hope Bailey Apts.
|
De Ridder, LA
|
40 | 775,047 | 8/96 | 9/96 | 100 | % | 758,620 | ||||||||||||||||||
Nordhoff Apts.
|
North Hills, CA
|
38 | 1,902,755 | 9/96 | 7/97 | 100 | % | 1,787,961 | ||||||||||||||||||
Park Ridge Apartments
|
Jackson, TN
|
136 | 3,500,000 | 11/98 | 12/99 | 100 | % | 854,147 | ||||||||||||||||||
Powell Valley Village
|
Jonesville, VA
|
34 | 612,624 | 3/98 | 12/98 | 100 | % | 1,423,248 | ||||||||||||||||||
Southwind Apts. A LDHA
|
Jennings, LA
|
36 | 790,435 | 8/96 | 12/96 | 100 | % | 700,216 | ||||||||||||||||||
T.R. Bobb Apts.
|
New Iberia, LA
|
30 | 648,428 | 8/96 | 12/96 | 100 | % | 714,504 | ||||||||||||||||||
Timmons- Ville Green Apts.
|
Timmonsville, SC
|
32 | 1,019,465 | 10/96 | 2/97 | 100 | % | 292,587 | ||||||||||||||||||
Tremont Station Apartments
|
Tremont, PA
|
24 | 1,104,057 | 5/96 | 11/96 | 100 | % | 349,889 | ||||||||||||||||||
Village Estates Apts.
|
Victoria, VA
|
32 | 1,107,541 | 4/97 | 10/98 | 100 | % | 270,204 | ||||||||||||||||||
Village Green Apts.
|
Gloucester, VA
|
32 | 1,104,723 | 4/97 | 11/97 | 100 | % | 296,893 | ||||||||||||||||||
Warrensburg Heights
|
Warrensburg, MO
|
28 | 1,056,799 | 12/96 | 11/96 | 100 | % | 308,825 | ||||||||||||||||||
Westside Apts.
|
Salem, AR
|
29 | 990,234 | 8/96 | 10/96 | 100 | % | 265,020 | ||||||||||||||||||
The Willows Apts.
|
Smithville, TX
|
32 | 734,563 | 5/96 | 5/96 | 100 | % | 209,768 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
|||||||||||||||||||
AHAB Rental Units Phase II
|
Springfield, MO
|
17 | $ | 375,301 | 6/97 | 11/97 | 100 | % | $ | 578,458 | ||||||||||||||||
Angelou Court Apts.
|
New York, NY
|
23 | 849,829 | 10/97 | 8/99 | 100 | % | 1,791,275 | ||||||||||||||||||
Canisteo Manor
|
Canisteo, NY
|
24 | 879,569 | 4/98 | 4/98 | 100 | % | 621,857 | ||||||||||||||||||
The Casa Rosa
|
San Juan, PR
|
97 | 302,387 | 9/97 | 4/98 | 100 | % | 1,232,936 | ||||||||||||||||||
Forest Glen At Sulluy Station Phase II Atps.
|
Centreville, VA
|
119 | 5,585,895 | 8/96 | 6/97 | 100 | % | 1,362,808 | ||||||||||||||||||
Harrison Heights Apts.
|
Harrisonville, MO
|
48 | 997,197 | 1/98 | 12/96 | 100 | % | 245,516 | ||||||||||||||||||
Holly Heights Apts.
|
Storm Lake, IA
|
32 | 454,081 | 4/97 | 8/98 | 100 | % | 614,058 | ||||||||||||||||||
Lake Apts. II
|
Fargo, ND
|
24 | 521,962 | 1/97 | 12/95 | 100 | % | 396,024 | ||||||||||||||||||
Magnolia Place Apts.
|
Gautier, MS
|
40 | 500,000 | 11/97 | 1/98 | 100 | % | 800,027 | ||||||||||||||||||
Northrock Apts.
|
Topeka, KS
|
76 | 2,013,041 | 5/00 | 5/00 | 100 | % | 610,365 | ||||||||||||||||||
Park Crest Apts.
|
Sherwood, AR
|
216 | 8,395,000 | 11/99 | 6/99 | 100 | % | 115,311 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
|||||||||||||||||||
Pear Village Apts.
|
Leitchfile, KY
|
16 | $ | 143,934 | 8/96 | 2/97 | 100 | % | $ | 488,822 | ||||||||||||||||
Randolph Village
|
Silver Spring, MD
|
130 | 4,582,700 | 9/96 | 8/97 | 100 | % | 2,240,075 | ||||||||||||||||||
Summer Hill Sr. Apts.
|
Wayne, NJ
|
164 | 7,656,856 | 11/96 | 4/98 | 100 | % | 2,337,000 | ||||||||||||||||||
Sunday Sun Apts.
|
Bowling Green, KY
|
30 | 686,492 | 10/96 | 12/96 | 100 | % | 714,938 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
|||||||||||||||||||
1374 Boston Road L.P.
|
New York, NY
|
15 | $ | 54,639 | 2/97 | 6/97 | 100 | % | $ | 522,065 | ||||||||||||||||
Ashberry Manor Apts.
|
Bardstown, KY
|
24 | 613,456 | 2/97 | 3/97 | 100 | % | 561,330 | ||||||||||||||||||
Bienville III Apts.
|
Ringold, LA
|
32 | 920,289 | 2/97 | 2/97 | 100 | % | 349,186 | ||||||||||||||||||
Blanchard Apts.
|
Blanchard, LA
|
32 | 867,844 | 7/97 | 7/97 | 100 | % | 307,218 | ||||||||||||||||||
Chandler Village Apts
|
Chandler, OK
|
32 | 868,663 | 4/97 | 7/97 | 100 | % | 255,639 | ||||||||||||||||||
Cottonwood Apts.
|
Cottonwood, LA
|
24 | 701,454 | 7/97 | 7/97 | 100 | % | 248,058 | ||||||||||||||||||
Cottonwood Apts.
|
Holly Grove, AR
|
24 | 889,894 | 2/97 | 4/97 | 100 | % | 254,856 | ||||||||||||||||||
Evangeline Apts.
|
Lake Arthur, LA
|
32 | 934,918 | 11/97 | 1/98 | 100 | % | 366,284 | ||||||||||||||||||
Fairway Apts. II
|
Marlette, MI
|
48 | 881,303 | 12/96 | 3/97 | 100 | % | 255,353 | ||||||||||||||||||
Falcon Pointe Apts.
|
Rosenburg, TX
|
102 | 2,805,857 | 4/98 | 10/99 | 100 | % | 3,782,145 | ||||||||||||||||||
Jackson Place Apts.
|
Jackson, LA
|
40 | 938,194 | 7/97 | 10/97 | 100 | % | 983,615 | ||||||||||||||||||
Mapelwood Apts.
|
Winnfield, LA
|
40 | 1,046,262 | 3/98 | 8/98 | 100 | % | 922,119 | ||||||||||||||||||
Milton Village Apts.
|
Milton, NY
|
32 | 1,167,648 | 2/97 | 6/97 | 100 | % | 1,192,184 | ||||||||||||||||||
Neighborhood Restorations VII
|
West Philadelphia, PA
|
72 | 654,420 | 2/98 | 2/98 | 100 | % | 3,809,335 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
|||||||||||||||||||
Park Plaza I & II
|
West Memphis, AR
|
128 | $ | 2,539,286 | 12/97 | 11/96 | 100 | % | $ | 553,954 | ||||||||||||||||
Park Village Apts.
|
Athens, TN
|
80 | 1,074,590 | 10/98 | 6/99 | 100 | % | 1,992,486 | ||||||||||||||||||
Pin Oak Village
|
Bowie, MD
|
110 | 8,963,899 | 11/97 | 1/96 | 100 | % | 3,880,319 | ||||||||||||||||||
Southern Villa Apts.
|
Russellville, KY
|
32 | 1,289,795 | 11/97 | 4/98 | 100 | % | 323,500 | ||||||||||||||||||
Randolph Village
|
Silver Spring, MD
|
130 | 4,582,700 | 12/97 | 8/97 | 100 | % | 909,471 | ||||||||||||||||||
Sand Lane Manor Apts.
|
Henderson, KY
|
24 | 609,239 | 8/97 | 4/98 | 100 | % | 556,478 | ||||||||||||||||||
Senior Suites of Chicago
|
Chicago, IL
|
84 | 3,957,153 | 12/97 | 12/98 | 100 | % | 3,208,112 | ||||||||||||||||||
Sumner House
|
Hartford, CT
|
79 | 970,623 | 1/98 | 7/98 | 100 | % | 2,010,966 | ||||||||||||||||||
Terraceview Townhomes Apts.
|
Litchfield MN
|
22 | 497,862 | 7/97 | 10/97 | 100 | % | 726,402 | ||||||||||||||||||
Tilghman Square
|
Dunn, NC
|
20 | 658,496 | 11/97 | 10/97 | 100 | % | 307,605 | ||||||||||||||||||
Wellston Village Apts.
|
Wellston, OK
|
14 | 360,717 | 4/97 | 8/97 | 100 | % | 107,258 | ||||||||||||||||||
Yale Village Apts.
|
Yale, OK
|
8 | 190,411 | 2/98 | 7/98 | 100 | % | 74,341 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
|||||||||||||||||||
The Arbor Park Apts.
|
Jackson, MS
|
160 | $ | 5,160,000 | 12/96 | 6/98 | 100 | % | $ | 2,809,826 | ||||||||||||||||
The Arbors
|
Richmond, VA
|
85 | 4,344,118 | 7/97 | 11/98 | 83 | % | 2,480,576 | ||||||||||||||||||
Barrington Cove Apts.
|
Barrington, RI
|
60 | 1,845,888 | 4/97 | 5/97 | 100 | % | 4,264,830 | ||||||||||||||||||
Bent Tree Apts.
|
Jacksboro, TX
|
24 | 528,509 | 12/97 | 1/98 | 100 | % | 161,552 | ||||||||||||||||||
Colonial Apts.
|
Poplarville, MS
|
16 | 377,987 | 10/97 | 7/97 | 100 | % | 86,039 | ||||||||||||||||||
Dogwood Apts.
|
Appomattox, VA
|
48 | 1,310,762 | 10/98 | 5/99 | 100 | % | 637,151 | ||||||||||||||||||
Emerald Trace Apts.
|
Ruston, LA
|
48 | 1,260,419 | 8/98 | 4/99 | 100 | % | 1,199,141 | ||||||||||||||||||
Edgewood Apts.
|
Baker, LA
|
72 | 1,415,778 | 3/97 | 9/98 | 100 | % | 1,856,539 | ||||||||||||||||||
Glenbrook Apts.
|
Saint Jo, TX
|
24 | 440,340 | 12/97 | 3/97 | 100 | % | 145,871 | ||||||||||||||||||
Harbor Pointe Apts.
|
Benton Harbor, MI
|
84 | 1,366,503 | 1/99 | 10/99 | 100 | % | 3,209,292 | ||||||||||||||||||
The Lincoln Hotel
|
San Diego, CA
|
41 | 692,847 | 2/97 | 7/97 | 100 | % | 697,511 | ||||||||||||||||||
Lutkin Bayou Apts.
|
Drew, MS
|
36 | 783,439 | 11/97 | 6/97 | 100 | % | 192,283 | ||||||||||||||||||
Nacodgoches Plaza Apts.
|
Nacodgoches, TX
|
70 | 1,328,635 | 4/97 | 3/98 | 100 | % | 2,793,695 | ||||||||||||||||||
Newcastle Apts.
|
Collins, MS
|
36 | 625,512 | 9/97 | 6/98 | 100 | % | 194,259 | ||||||||||||||||||
Park Crest Apts.
|
Sherwood, AZ
|
216 | 8,395,000 | 2/98 | 6/99 | 100 | % | 3,199,520 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
|||||||||||||||||||
Palmetto Place Apts.
|
Benton, LA
|
40 | $ | 1,201,381 | 10/98 | 4/99 | 100 | % | $ | 1,153,878 | ||||||||||||||||
Pecan Hill Apts.
|
Bryson, TX
|
16 | 336,787 | 8/97 | 1/98 | 100 | % | 110,600 | ||||||||||||||||||
Regency Apts.
|
Poplarville, MS
|
16 | 436,956 | 10/97 | 7/97 | 100 | % | 102,419 | ||||||||||||||||||
Rhome Apts.
|
Rhome, TX
|
24 | 443,889 | 12/97 | 2/97 | 100 | % | 160,551 | ||||||||||||||||||
Westfield Apts.
|
Welsh, LA
|
40 | 746,601 | 11/97 | 8/98 | 100 | % | 918,605 | ||||||||||||||||||
Willow Point Apts. III
|
Jackson, MS
|
120 | 4,365,000 | 12/96 | 2/98 | 100 | % | 2,035,596 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
|||||||||||||||||||
Country Estates Apts.
|
Farmville, VA
|
24 | $ | 860,897 | 3/98 | 7/99 | 100 | % | $ | 223,562 | ||||||||||||||||
Emerald Trace II Apts
|
Ruston, LA
|
24 | 239,602 | 7/98 | 12/98 | 100 | % | 717,594 | ||||||||||||||||||
Farewell Mills Apts.
|
Lisbon, ME
|
27 | 755,583 | 8/97 | 3/98 | 100 | % | 662,864 | ||||||||||||||||||
Hillside Terrace Apts.
|
Poughkeepsie, NY
|
64 | 1,646,237 | 4/99 | 7/00 | 100 | % | 542,326 | ||||||||||||||||||
Lakewood Apts.
|
Clarksville, VA
|
52 | 1,495,730 | 3/98 | 10/99 | 100 | % | 394,349 | ||||||||||||||||||
Lone Oak Apts.
|
Graham, TX
|
64 | 1,348,335 | 8/97 | 9/98 | 100 | % | 408,634 | ||||||||||||||||||
Millwood Park Apts.
|
Douglasville, GA
|
172 | 7,109,037 | 12/98 | 11/99 | 100 | % | 971,164 | ||||||||||||||||||
New River Gardens
|
Radford, VA
|
48 | 1,405,793 | 10/98 | 5/99 | 100 | % | 637,321 | ||||||||||||||||||
Nocona Terrace Apts.
|
Nocona, TX
|
36 | 688,037 | 8/97 | 12/98 | 100 | % | 249,394 | ||||||||||||||||||
Northgate Apts.
|
Bryant, AR
|
20 | 557,214 | 4/99 | 11/99 | 100 | % | 834,557 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
Park Trace Apts.
|
Jackson,
TN
|
84 | $ | 1,459,652 | 11/97 | 3/99 | 100 | % | $ | 3,353,303 | |||||||||||||||
Pine Forest Apts.
|
Dahlgren,
VA
|
40 | 1,803,057 | 3/98 | 2/99 | 100 | % | 503,181 | |||||||||||||||||
Riverbend Apts.
|
Swanzey,
NH
|
24 | 535,944 | 7/97 | 2/98 | 100 | % | 1,321,798 | |||||||||||||||||
Royal
Crest Apts.
|
Bowie,
TX
|
48 | 927,089 | 8/97 | 10/98 | 100 | % | 337,545 | |||||||||||||||||
|
|||||||||||||||||||||||||
Trinity Life Gardens
|
Pueblo,
CO
|
44 | 1,013,501 | 4/99 | 12/99 | 100 | % | 1,952,175 | |||||||||||||||||
Western Trails Apts.
|
Council Bluffs,
IA
|
30 | 842,503 | 7/98 | 6/99 | 100 | % | 912,827 | |||||||||||||||||
Whistle
Stop Apts.
|
Gentry,
AR
|
27 | 706,029 | 9/97 | 5/98 | 100 | % | 726,507 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
Bent
Tree Apts.
|
San Angelou,
TX
|
112 | $ | 2,346,376 | 12/97 | 7/99 | 100 | % | $ | 3,521,950 | |||||||||||||||
Brittney
Square Apts.
|
Bowling
Green,
KY
|
20 | 507,115 | 7/98 | 7/98 | 100 | % | 629,917 | |||||||||||||||||
Canton
Manor Apts.
|
Canton,
MS
|
32 | 764,983 | 11/97 | 7/98 | 100 | % | 271,306 | |||||||||||||||||
Canton
Village Apts.
|
Canton,
MS
|
42 | 1,076,720 | 11/97 | 7/98 | 100 | % | 363,557 | |||||||||||||||||
Double
Springs
Manor II Apts.
|
Bowling
Green,
KY
|
25 | 299,911 | 9/98 | 3/99 | 100 | % | 985,432 | |||||||||||||||||
Eagles
Ridge Terrace
|
Decatur,
TX
|
89 | 1,619,314 | 12/97 | 5/98 | 100 | % | 467,063 | |||||||||||||||||
Elmwood Apts.
|
Ellisville,
MS
|
32 | 590,670 | 12/97 | 6/98 | 100 | % | 243,483 | |||||||||||||||||
Giles
Apts.
|
Amelia,
VA
|
16 | 693,825 | 3/98 | 2/99 | 100 | % | 183,711 | |||||||||||||||||
Henderson
Terrace Apts.
|
Bridgeport, TX
|
24 | 465,012 | 11/97 | 9/98 | 100 | % | 120,846 | |||||||||||||||||
Hurricane Hills
|
Hurricane, UT
|
28 | 635,835 | 9/97 | 8/98 | 100 | % | 2,020,271 | |||||||||||||||||
Madison
Height Apts.
|
Canton,
MS
|
80 | 2,122,202 | 11/97 | 7/98 | 100 | % | 786,614 | |||||||||||||||||
Lakeview
Court
|
City of
Little Elm,
TX
|
24 | 396,813 | 11/97 | 1/99 | 100 | % | 83,390 | |||||||||||||||||
Mesquite
Trails
|
Jacksboro,
TX
|
35 | 609,160 | 11/97 | 11/98 | 100 | % | 193,766 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
Munjoy South
Townhouse
Apts.
|
Portland,
ME
|
140 | $ | 3,146,964 | 9/97 | 10/98 | 100 | % | $ | 777,411 | |||||||||||||||
Nottoway
Manor
|
Blackstone,
VA
|
28 | 827,628 | 3/98 | 4/99 | 100 | % | 214,977 | |||||||||||||||||
Parktowne
Apts.
|
Cleveland,
TN
|
84 | 1,414,877 | 11/97 | 6/98 | 100 | % | 3,363,097 | |||||||||||||||||
Park
Ridge Apts.
|
McKee,
KY
|
22 | 853,014 | 10/97 | 5/98 | 100 | % | 338,464 | |||||||||||||||||
Pilot Point
Apts.
|
Pilot Point,
VA
|
40 | 684,109 | 11/97 | 2/99 | 100 | % | 142,680 | |||||||||||||||||
Plantation Ridge
|
Sugar Hill,
GA
|
218 | 11,290,000 | 5/98 | 5/99 | 100 | % | 1,974,354 | |||||||||||||||||
Riverbend
Apts.
|
Bedford,
ME
|
28 | 720,802 | 10/97 | 7/98 | 100 | % | 1,578,561 | |||||||||||||||||
Roth
Village
|
Mechanicsburg,
PA
|
61 | 1,827,335 | 10/97 | 9/98 | 100 | % | 2,664,992 | |||||||||||||||||
Royal Estates Apts.
|
Canton,
MS
|
32 | 806,530 | 11/97 | 7/98 | 100 | % | 282,525 | |||||||||||||||||
Silver
Creek Apts.
|
Flat Rock,
MI
|
112 | 2,954,414 | 3/98 | 8/99 | 100 | % | 4,535,381 | |||||||||||||||||
Springs
Manor Apts.
|
Rawls Spring,
MS
|
32 | 786,972 | 12/97 | 6/98 | 100 | % | 328,693 | |||||||||||||||||
Western Hills Apts.
|
Ferris,
TX
|
16 | 406,388 | 5/00 | 9/00 | 100 | % | $ | 91,419 | ||||||||||||||||
Windsor
Park Apts.
|
Jackson,
MS
|
279 | 7,100,000 | 11/97 | 3/99 | 100 | % | 2,891,603 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
Chardonnay Apts.
|
Oklahoma City,
OK
|
14 | $ | 23,297 | 1/98 | 1/97 | 100 | % | $ | 393,700 | |||||||||||||||
Cogic
Village Apts.
|
Benton Harbor,
MI
|
136 | 2,193,048 | 4/98 | 7/99 | 100 | % | 6,669,762 | |||||||||||||||||
Courtside Apts.
|
Cottonwood,
AZ
|
44 | 786,056 | 6/98 | 7/98 | 100 | % | 1,667,188 | |||||||||||||||||
Clear
Creek Apts.
|
N. Manchester,
IN
|
64 | 1,315,437 | 7/98 | 9/99 | 100 | % | 2,112,665 | |||||||||||||||||
Columbia
Luxar
|
Dallas,
TX
|
125 | 3,218,980 | 8/98 | 12/99 | 100 | % | 3,947,106 | |||||||||||||||||
Colony Park Apts.
|
Pearl,
MS
|
192 | 8,000,000 | 6/98 | 12/99 | 100 | % | 2,911,900 | |||||||||||||||||
Hallman Court Apts.
|
Rochester,
NY
|
77 | 8,276,853 | 1/99 | 7/00 | 100 | % | 266,536 | |||||||||||||||||
Parkside Plaza Apts
|
New York,
NY
|
39 | 1,319,661 | 7/99 | 5/01 | 100 | % | 2,764,603 | |||||||||||||||||
Park
Ridge Apts.
|
Jackson,
TN
|
136 | 3,500,000 | 11/98 | 12/99 | 100 | % | 1,672,917 | |||||||||||||||||
Park
Village Apts.
|
Athens,
TN
|
80 | 1,074,590 | 10/98 | 6/99 | 100 | % | 1,503,103 | |||||||||||||||||
Pearlwood Apts.
|
Pearl,
MS
|
40 | 810,373 | 2/98 | 5/98 | 100 | % | 745,648 | |||||||||||||||||
Rose Villa
Apts.
|
Ganado,
TX
|
8 | 176,020 | 5/01 | 11/01 | 100 | % | 51,582 | |||||||||||||||||
Pecan Manor Apts.
|
Natchitoches,
LA
|
40 | 739,536 | 7/98 | 10/98 | 100 | % | 1,501,914 | |||||||||||||||||
Pineridge Apts.
|
Franklinton,
LA
|
40 | 757,733 | 7/98 | 1/99 | 100 | % | 1,497,889 | |||||||||||||||||
Sterling Creek Apts.
|
Independence,
MO
|
48 | 737,629 | 5/98 | 5/00 | 100 | % | 1,973,594 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
Bradford
Park Apts.
|
Southhaven,
MS
|
208 | $ | 9,670,000 | 10/98 | 12/99 | 100 | % | $ | 302,884 | |||||||||||||||
Bradford Square North Apts.
|
Jefferson City,
TN
|
50 | 978,729 | 10/98 | 9/99 | 100 | % | 1,456,415 | |||||||||||||||||
Columbia Luxar
|
Dallas,
TX
|
125 | 3,218,980 | 8/98 | 12/99 | 100 | % | 3,947,106 | |||||||||||||||||
Foxridge Apts.
|
Durham,
NC
|
92 | 2,747,583 | 3/98 | 7/99 | 100 | % | 3,652,119 | |||||||||||||||||
Harbor Pointe
|
Benton Harbor,
MI
|
84 | 1,366,503 | 1/99 | 10/99 | 100 | % | 1,157,091 | |||||||||||||||||
Merchant Court
|
Dallas,
GA
|
192 | 5,316,015 | 10/98 | 12/99 | 100 | % | 2,422,226 | |||||||||||||||||
Northrock Apts.
|
Topeka,
KS
|
76 | 2,013,041 | 5/99 | 5/00 | 100 | % | 1,133,534 | |||||||||||||||||
Stearns-Assisted
|
Millinocket,
ME
|
20 | 435,500 | 12/99 | 3/01 | 100 | % | 675,984 | |||||||||||||||||
Stonewall
Retirement Village
|
Stonewall,
LA
|
40 | 1,112,863 | 7/98 | 1/99 | 100 | % | 1,495,966 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
Abby Ridge Apts.
|
Elizabethtown,
KY
|
24 | $ | 364,946 | 2/00 | 1/00 | 100 | % | $ | 1,577,723 | |||||||||||||||
Allison Apts.
|
Mt. Washington,
KY
|
24 | 566,200 | 11/98 | 1/99 | 100 | % | 850,013 | |||||||||||||||||
Belmont
Affordable Housing Two Apts. |
Philadelphia,
PA
|
20 | 345,715 | 1/99 | 12/99 | 100 | % | 1,829,040 | |||||||||||||||||
Boerne
Creekside Apts. |
Boerne,
TX
|
71 | 1,785,187 | 11/98 | 6/00 | 100 | % | 2,324,652 | |||||||||||||||||
Bradford Park Apts.
|
Southaven,
MS
|
208 | 9,670,000 | 3/99 | 12/99 | 100 | % | 2,868,684 | |||||||||||||||||
Hillside
Club Apts.
|
Bear Creek Township,
MI
|
56 | 1,505,954 | 10/98 | 12/99 | 100 | % | 2,097,333 | |||||||||||||||||
Howard Park Apts
|
Florida City,
FL
|
16 | 329,144 | 4/99 | 12/99 | 100 | % | 681,334 | |||||||||||||||||
Kerrville
Meadows Apts.
|
Kerrville,
TX
|
72 | 1,382,741 | 11/98 | 4/00 | 100 | % | 2,335,827 | |||||||||||||||||
Merchant
Court Apts.
|
Dallas,
GA
|
192 | 5,316,015 | 10/98 | 12/99 | 100 | % | 4,718,773 | |||||||||||||||||
Millwood
Park Apts.
|
Douglasville,
GA
|
172 | 7,109,037 | 12/98 | 11/99 | 100 | % | 1,870,576 | |||||||||||||||||
Northwood Homes
|
Leitchfield,
KY
|
24 | 633,619 | 4/99 | 6/99 | 100 | % | 1,185,712 | |||||||||||||||||
Romeo
Village Apts.
|
Montour
Falls,
NY
|
24 | 1,009,170 | 10/98 | 4/99 | 100 | % | 753,362 | |||||||||||||||||
Summer Park Apts.
|
Jackson,
MS
|
216 | 9,870,000 | 10/99 | 6/00 | 100 | % | 1,106,814 | |||||||||||||||||
Washington Courtyards
|
Houston,
TX
|
74 | 2,504,297 | 8/99 | 8/00 | 100 | % | 1,448,573 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
Ashton
Cove Apts.
|
Kingsland,
GA
|
72 | $ | 1,693,843 | 1/00 | 4/00 | 100 | % | $ | 2,664,000 | |||||||||||||||
Autumn Park
|
Dickson,
TN
|
104 | 3,125,000 | 4/99 | 12/99 | 100 | % | 1,637,797 | |||||||||||||||||
Brazoswood Apts.
|
Clute,
TX
|
72 | 1,875,833 | 7/99 | 7/00 | 100 | % | 3,074,829 | |||||||||||||||||
Columbia Woods Townhomes
|
Newman,
GA
|
120 | 4,046,210 | 10/00 | 6/02 | 100 | % | 1,310,103 | |||||||||||||||||
Country
Walk Apts.
|
Mulvane,
KS
|
68 | 1,539,710 | 12/98 | 11/99 | 100 | % | 1,923,697 | |||||||||||||||||
Cypress
Pointe
Retirement Apts.
|
Casa Grande,
AZ
|
104 | 1,715,751 | 4/99 | 3/00 | 100 | % | 2,680,499 | |||||||||||||||||
Garden
Gates Apts. II
|
New Caney,
TX
|
32 | 710,862 | 3/99 | 3/00 | 100 | % | 1,067,950 | |||||||||||||||||
Hillside
Terrace Apts.
|
Poughkeepsie, NY
|
64 | 1,646,237 | 4/99 | 7/00 | 100 | % | 3,977,051 | |||||||||||||||||
Riverwalk
Apt. Homes Phase II
|
Sheboygan,
WI
|
20 | 349,920 | 12/98 | 7/99 | 100 | % | 1,354,092 | |||||||||||||||||
Washington Courtyards
|
Houston,
TX
|
74 | 2,504,297 | 8/99 | 8/00 | 100 | % | 606,140 | |||||||||||||||||
Wedgewood Park Apts.
|
Evans,
GA
|
180 | 4,881,557 | 12/99 | 8/00 | 100 | % | 3,551,820 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
Annadale
Apts.
|
Fresno,
CA
|
222 | $ | 15,026,391 | 1/00 | 6/90 | 100 | % | $ | 548,563 | |||||||||||||||
Ashton
Ridge
|
Jackson,
MI
|
144 | 2,502,586 | 2/00 | 12/00 | 100 | % | 1,430,296 | |||||||||||||||||
Farmington
Meadows
|
Aloha,
OR
|
69 | 2,377,108 | 8/99 | 11/99 | 100 | % | 865,369 | |||||||||||||||||
Nowata
Village
|
Nowata,
OK
|
28 | 1,216,230 | 8/99 | 2/00 | 100 | % | 330,497 | |||||||||||||||||
Paris
Place
|
Paris,
KY
|
32 | 1,114,201 | 6/00 | 9/00 | 100 | % | 930,412 | |||||||||||||||||
Riverview
Bend Apts.
|
Cystal City,
MO
|
94 | 2,855,000 | 11/99 | 3/00 | 100 | % | 1,210,500 | |||||||||||||||||
Senior Suites
Of Chicago
Washington
Heights
|
Chicago,
IL
|
85 | 3,439,004 | 12/99 | 11/00 | 100 | % | 2,243,090 | |||||||||||||||||
Valleyview
Estates
Apts.
|
Branson
West,
MO
|
32 | 341,130 | 11/99 | 5/00 | 100 | % | 1,306,789 | |||||||||||||||||
Wedgewood
Park Apts.
|
Evans,
GA
|
180 | 4,881,557 | 12/99 | 8/00 | 100 | % | 3,551,820 | |||||||||||||||||
Willowbrook
Apts.
|
Lafayette,
LA
|
40 | 874,490 | 6/99 | 9/99 | 100 | % | 1,200,789 | |||||||||||||||||
Wingfield
Apts.
|
Kinder,
LA
|
40 | 658,115 | 6/99 | 7/99 | 100 | % | 1,645,817 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
Ashton Ridge Apts.
|
Jackson,
MS
|
144 | $ | 2,502,586 | 02/00 | 12/00 | 100 | % | $ | 6,003,938 | |||||||||||||||
Baldwin
Villas
|
Pontiac,
MI
|
65 | 4,816,474 | 10/99 | 7/01 | 100 | % | 1,678,972 | |||||||||||||||||
Columbia
Woods
Townhomes
|
Newnan,
GA
|
120 | 4,046,210 | 10/00 | 6/02 | 100 | % | 3,285,137 | |||||||||||||||||
Senior
Suites of
Washington
Heights
|
Chicago,
IL
|
85 | 3,439,004 | 12/99 | 11/00 | 100 | % | 2,243,090 | |||||||||||||||||
Silver
Pond Apts.
|
Wallingford,
CT
|
160 | 3,719,300 | 6/00 | 12/01 | 100 | % | 1,563,634 | |||||||||||||||||
Stearns
Assisted
Apts.
|
Millinocket,
ME
|
20 | 435,500 | 12/99 | 3/01 | 100 | % | 1,407,173 | |||||||||||||||||
Summer
Park
|
Jackson,
MS
|
216 | 9,870,000 | 10/99 | 6/00 | 100 | % | 2,379,767 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
Andover Crossing
Apts.
|
Andover, KS
|
80 | $ | 2,129,837 | 5/00 | 12/00 | 100 | % | $ | 1,772,874 | |||||||||||||||
Arbors at Eagle Crest Apts.
|
Mount Pleasant, MI
|
120 | 2,277,733 | 12/00 | 10/01 | 100 | % | 3,512,499 | |||||||||||||||||
Bristow Place Apts.
|
Bristow, OK
|
28 | 1,202,030 | 6/01 | 12/00 | 100 | % | 487,648 | |||||||||||||||||
Columbia Creek Apts.
|
Woodstock, GA
|
172 | 5,133,925 | 8/01 | 11/01 | 100 | % | 2,795,601 | |||||||||||||||||
Cushing
Place
Apts.
|
Cushing, OK
|
24 | 1,071,653 | 3/00 | 10/00 | 100 | % | 428,559 | |||||||||||||||||
Hammond
Place
Apts.
|
Hammond, LA
|
40 | 406,483 | 3/00 | 4/00 | 100 | % | 1,706,341 | |||||||||||||||||
Shoreham Apts.
|
Houston, TX
|
120 | 3,219,161 | 4/00 | 7/01 | 100 | % | 6,138,485 | |||||||||||||||||
Vanderbilt
Apts.
|
Edna,
TX
|
12 | 277,213 | 5/01 | 10/01 | 100 | % | 104,181 | |||||||||||||||||
Whitley Park Apts.
|
Whitley City, KY
|
21 | 875,281 | 6/00 | 6/00 | 100 | % | 302,339 | |||||||||||||||||
Willowbrook
II Apts.
|
Lafayette,
LA
|
40 | 758,314 | 3/00 | 5/00 | 100 | % | 1,247,680 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
Arbors at Eagle Crest Apts.
|
Mount Pleasant,
MI
|
120 | $ | 2,277,733 | 12/00 | 10/01 | 100 | % | $ | 3,512,499 | |||||||||||||||
Arbors at Ironwood Apts.
|
Mishawaka,
IN
|
88 | 1,661,952 | 7/00 | 9/01 | 100 | % | 3,772,295 | |||||||||||||||||
Austin Acres Atps.
|
Hopkinsville, KY
|
32 | 808,100 | 11/00 | 9/01 | 100 | % | 1,275,155 | |||||||||||||||||
Columbia Creek Apts.
|
Woodstock,
GA
|
172 | 5,133,925 | 8/01 | 11/01 | 100 | % | 2,909,708 | |||||||||||||||||
Daystar Village Apts.
|
Bowling Green,
KY
|
32 | 711,322 | 2/01 | 1/01 | 100 | % | 1,113,443 | |||||||||||||||||
Hillview
Apts.
|
Leitchfield,
KY
|
34 | 845,109 | 5/01 | 12/01 | 100 | % | 327,226 | |||||||||||||||||
Pine Grove Community
|
Gouverneur, NY
|
48 | 1,096,013 | 12/00 | 10/01 | 100 | % | 3,077,767 | |||||||||||||||||
Tally-Ho
Apts.
|
Campti,
CA
|
26 | 539,703 | 6/01 | 12/01 | 100 | % | 485,057 | |||||||||||||||||
Timber Trails Apts.
|
Pineville,
LA
|
32 | 774,647 | 6/01 | 7/01 | 100 | % | 499,829 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
Arbors @ Ironwood Apts. II
|
Mishawaka,
IN
|
40 | $ | 827,762 | 2/01 | 11/01 | 100 | % | $ | 1,771,758 | |||||||||||||||
Baldwin Villas Apts.
|
Pontiac,
MI
|
65 | 4,816,474 | 8,01 | 7/01 | 100 | % | 344,405 | |||||||||||||||||
Carlyle Apts.
|
Aberdeen,
SD
|
44 | 608,079 | 2/01 | 6/01 | 100 | % | 1,359,155 | |||||||||||||||||
Center Place Apts.
|
Center,
TX
|
32 | 752,251 | 08/01 | 10/01 | 100 | % | 428,835 | |||||||||||||||||
Eagle Lake Gardens
Apts.
|
Azle,
TX
|
60 | 1,083,810 | 10/01 | 5/02 | 100 | % | 666,179 | |||||||||||||||||
Londontown Homes Apts.
|
London,
KY
|
24 | 483,105 | 2/01 | 6/01 | 100 | % | 1,836,027 | |||||||||||||||||
Mason's Point Apts.
|
Hopkinsville,
KY
|
41 | 1,217,189 | 06/01 | 7/02 | 100 | % | 1,824,270 | |||||||||||||||||
Meadowside
Apts.
|
Milo,
NY
|
40 | 1,563,223 | 05/01 | 12/01 | 100 | % | 855,372 | |||||||||||||||||
Northrock
Apts. II
|
Topeka,
KS
|
60 | 2,101,149 | 07/01 | 5/02 | 100 | % | 1,838,666 | |||||||||||||||||
Oakland
Apts.
|
Oakdale,
LA
|
46 | 1,201,321 | 2/01 | 7/01 | 100 | % | 767,451 | |||||||||||||||||
Parkview Apts.
|
Springfield, MA
|
25 | 1,295,909 | 2/01 | 2/02 | 100 | % | 1,221,510 | |||||||||||||||||
Sedgewick
Sundance Apts.
|
Sedgewick,
KS
|
24 | 339,950 | 09/01 | 10/01 | 100 | % | 1,372,208 | |||||||||||||||||
Southbrook
Humes Apts.
|
Kily,
KY
|
24 | 426,779 | 04/01 | 11/01 | 100 | % | 1,866,896 | |||||||||||||||||
Shalom Plaza Apts.
|
Kansas City,
MO
|
126 | 3,485,910 | 08/01 | 11/01 | 100 | % | 1,273,119 | |||||||||||||||||
Springfield
Crossing
|
Springfield,
VA
|
347 | 25,575,719 | 6/02 | 10/01 | 100 | % | 718,652 | |||||||||||||||||
Western Gardens
Apts.
|
Dequincey,
LA
|
48 | 1,253,760 | 2/01 | 7/01 | 100 | % | 782,188 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
Bienville
Apts.
|
Ringhold,
LA
|
32 | $ | 760,835 | 12/01 | 11/01 | 100 | % | $ | 488,488 | |||||||||||||||
Breezewood
Villas I
|
Frederiksted,
VI
|
12 | 973,857 | 10/01 | 6/02 | 100 | % | 494,361 | |||||||||||||||||
Cedar Grove Apartments Phase I
|
Shepherdsville,
KY
|
36 | 1,022,224 | 5/02 | 7/01 | 100 | % | 424,955 | |||||||||||||||||
Cranberry Cove Apartments
|
Beckley,
WV
|
28 | 968,029 | 5/02 | 1/02 | 100 | % | 514,844 | |||||||||||||||||
Dawson Square
|
Thornton,
CO
|
36 | 1,661,648 | 7/02 | 12/03 | 100 | % | 605,962 | |||||||||||||||||
Forest Glen Village
|
Vidalia,
GA
|
46 | 1,269,188 | 4/03 | 2/95 | 100 | % | 21,275 | |||||||||||||||||
Franklin Green
|
Franklin Grove,
IL
|
12 | 340,688 | 5/02 | 9/01 | 100 | % | 308,576 | |||||||||||||||||
Harbor Point II
Apts.
|
Benton Township,
MI
|
72 | 1,548,647 | 8/01 | 10/02 | 100 | % | 2,295,523 | |||||||||||||||||
Hollywood Palms Apts.
|
San Diego,
CA
|
94 | 7,420,332 | 3/02 | 11/02 | 100 | % | 1,895,913 | |||||||||||||||||
Marina Woods Apts.
|
Halfmoon,
NY
|
32 | 1,387,733 | 7/01 | 4/02 | 100 | % | 1,626,221 | |||||||||||||||||
Marwood Senior Apts.
|
Upper Marlboro,
MD
|
155 | 12,418,041 | 7/01 | 8/02 | 100 | % | 1,385,308 | |||||||||||||||||
Meadowside
Apts.
|
Milo,
NY
|
40 | 1,563,223 | 5/01 | 12/01 | 100 | % | 855,372 | |||||||||||||||||
Mill Creek
Village
|
Mt. Carroll,
IL
|
12 | 376,604 | 5/02 | 9/01 | 100 | % | 264,354 | |||||||||||||||||
Northline Terrace
|
Mentoda,
IL
|
24 | 658,683 | 5/02 | 6/01 | 100 | % | 545,986 | |||||||||||||||||
Palisades Park
|
Fulton,
IL
|
16 | 491,651 | 5/02 | 9/01 | 100 | % | 396,066 | |||||||||||||||||
Red Hill Apts. I
|
Farmerville,
LA
|
32 | 802,636 | 11/01 | 6/01 | 100 | % | 502,692 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
Sandalwood Apartments
|
Toppenish,
WA
|
20 | $ | 972,993 | 5/02 | 7/01 | 100 | % | $ | 293,983 | |||||||||||||||
Southpark
Apts. II
|
Newton,
KS
|
60 | 1,394,932 | 9/01 | 5/02 | 100 | % | 2,117,956 | |||||||||||||||||
Springfield Crossing
|
Springfield,
VA
|
347 | 25,575,719 | 6/02 | 10/01 | 100 | % | 878,352 | |||||||||||||||||
Sunshine Village Apts.
|
Elizabethtown,
KY
|
32 | 789,407 | 3/02 | 8/02 | 100 | % | 1,277,070 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
Bellamy Mills Apartments
|
Dover,
NH
|
30 | $ | 1,395,394 | 4/02 | 12/02 | 100 | % | $ | 2,888,317 | |||||||||||||||
Breezewood Villas II
|
Frederiksted,
VI
|
12 | 969,089 | 4/02 | 3/03 | 100 | % | 505,416 | |||||||||||||||||
Canon
Club
|
Canon City,
CO
|
46 | 731,788 | 7/02 | 12/03 | 100 | % | 511,573 | |||||||||||||||||
Chester Townhouses Phase II
|
Chester,
SC
|
52 | 1,966,681 | 4/06 | 12/06 | 100 | % | 421,158 | |||||||||||||||||
Clifton Family Housing
|
Clifton,
CO
|
51 | 1,972,067 | 7/02 | 12/03 | 100 | % | 924,532 | |||||||||||||||||
Cooper’s Crossing Apartments
|
Los Colinas,
TX
|
93 | 2,991,936 | 4/03 | 12/95 | 100 | % | 87,199 | |||||||||||||||||
Dorchester Apartments
|
Port Huron,
MI
|
131 | 4,399,582 | 4/02 | 8/03 | 100 | % | 2,578,034 | |||||||||||||||||
Harbor Pointe Apartments II
|
Benton Township,
MI
|
72 | 1,548,647 | 4/02 | 10/02 | 100 | % | 1,731,786 | |||||||||||||||||
Helios Station
|
Lafayette,
CO
|
30 | 2,339,927 | 7/02 | 12/03 | 100 | % | 583,895 | |||||||||||||||||
Hillridge Apartments
|
Los Lunas,
NM
|
38 | 215,000 | 4/03 | 6/96 | 100 | % | 112,211 | |||||||||||||||||
Hollywood Palm Apartments
|
San Diego,
CA
|
94 | 7,420,332 | 8/02 | 11/02 | 100 | % | 1,283,388 | |||||||||||||||||
Lynnelle Landing Apts.
|
Charleston,
WV
|
56 | 1,297,576 | 3/02 | 9/02 | 100 | % | 2,009,976 | |||||||||||||||||
Marwood Senior Apartments
|
Upper Marlboro,
MD
|
67 | 12,418,041 | 09/04 | 8/02 | 100 | % | 160,174 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
Natchez Place Apartments
|
Natchez,
MS
|
32 | $ | 799,578 | 8/02 | 11/01 | 100 | % | $ | 554,881 | |||||||||||||||
Northfield Housing, LP
|
Jackson,
MS
|
5 | 131,264 | 4/03 | 12/96 | 100 | % | 24,330 | |||||||||||||||||
Park Meadow Apartments
|
Gaylord,
MI
|
80 | 1,484,111 | 4/03 | 4/97 | 100 | % | 228,511 | |||||||||||||||||
Park Plaza IV
|
West Memphis,
AR
|
24 | 605,968 | 6/02 | 10/02 | 100 | % | 1,219,397 | |||||||||||||||||
Parkhurst Place
|
Amherst,
NH
|
42 | 3,414,319 | 1/02 | 9/02 | 100 | % | 518,876 | |||||||||||||||||
Strawberry Lane Apts.
|
Clayton,
NY
|
71 | 1,815,163 | 3/02 | 8/02 | 100 | % | 672,589 | |||||||||||||||||
Sunrise Manor Seniors.
|
Buena Vista,
CO
|
40 | 1,105,729 | 7/02 | 12/03 | 100 | % | 738,573 | |||||||||||||||||
Tiffany Square
|
Lakewood,
CO
|
52 | 1,902,200 | 7/02 | 12/03 | 100 | % | 636,566 | |||||||||||||||||
Wingfield
Apartments II
|
Kinder,
LA
|
42 | 300,160 | 8/02 | 11/01 | 100 | % | 1,422,373 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
Alexander
Mill Apartments
|
Lawrenceville,GA
|
224 | $ | 11,777,096 | 12/02 | 1/03 | 100 | % | $ | 1,854,189 | |||||||||||||||
Aspen Meadows
|
Aurora,
CO
|
100 | 2,835,098 | 9/02 | 12/03 | 100 | % | 1,342,431 | |||||||||||||||||
Ashbury Park
|
Aurora,
CO
|
44 | 2,235,512 | 9/02 | 12/03 | 100 | % | 728,732 | |||||||||||||||||
Bohannon Place Apts.
|
Bowling Green,
KY
|
12 | 248,101 | 5/03 | 10/03 | 100 | % | 909,561 | |||||||||||||||||
Carpenter
School
|
Natchez,
MS
|
38 | 1,494,020 | 1/03 | 12/03 | 100 | % | 1,278,002 | |||||||||||||||||
Charlevoix Apartments
|
Charlevoix,
MI
|
40 | 1,214,500 | 9/02 | 11/02 | 100 | % | 302,357 | |||||||||||||||||
Chester Townhouses Phase II
|
Chester,
SC
|
52 | 1,966,681 | 4/06 | 12/06 | 100 | % | 226,777 | |||||||||||||||||
Cloverlane Apartments
|
Lakeview,
MI
|
24 | 296,626 | 9/02 | 10/02 | 100 | % | 356,228 | |||||||||||||||||
Dorchester Apartments
|
Port Huron,
MI
|
131 | 4,399,582 | 9/02 | 8/03 | 100 | % | 2,578,034 | |||||||||||||||||
Geneva
Sr. Citizen
Apts.
|
Geneva,
NY
|
32 | 1,398,594 | 4/03 | 12/03 | 100 | % | 2,035,378 | |||||||||||||||||
Gilbert Apts.
|
Corbin,
KY
|
40 | 747,705 | 7/03 | 5/04 | 100 | % | 2,780,800 | |||||||||||||||||
Hollywood Palm Apartments
|
San Diego,
CA
|
94 | 7,420,332 | 12/02 | 11/02 | 100 | % | 2,654,279 | |||||||||||||||||
Kearney Plaza
|
Commerce City,
CO
|
51 | 1,418,534 | 9/02 | 12/03 | 100 | % | 575,398 | |||||||||||||||||
Lakewood Apartments
|
Saranac,
MI
|
24 | 809,977 | 9/02 | 10/02 | 100 | % | 475,606 | |||||||||||||||||
The Landing
Apts.
|
Whitley,
KY
|
24 | 1,227,068 | 4/03 | 6/04 | 100 | % | 302,763 | |||||||||||||||||
Library
Square Apts.
|
Mandan,
ND
|
46 | 2,066,923 | 9/03 | 8/03 | 100 | % | 2,752,868 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
Parkside Plaza Apartments
|
New York,
NY
|
34 | $ | 1,319,661 | 1/04 | 5/01 | 100 | % | $ | - | |||||||||||||||
Parkside Apartments
|
Coleman,
MI
|
40 | 853,976 | 9/02 | 12/02 | 100 | % | 832,371 | |||||||||||||||||
Riverview
Apartments
|
Blissfield,
MI
|
32 | 708,138 | 9/02 | 2/02 | 100 | % | 509,938 | |||||||||||||||||
Seven Points Apartments
|
Seven Points,
TX
|
36 | 950,631 | 9/02 | 3/03 | 100 | % | 687,978 | |||||||||||||||||
Sheridan
Gardens
|
Englewood,
CO
|
48 | 1,927,431 | 9/02 | 12/03 | 100 | % | 672,657 | |||||||||||||||||
Stottville
Court Apartments
|
Stockport,
NY
|
28 | 1,104,398 | 9/02 | 5/03 | 100 | % | 1,073,805 | |||||||||||||||||
Strawberry
Lake Apts.
|
Norway,
MI
|
32 | 934,307 | 7/03 | 12/03 | 100 | % | 763,285 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
Alexander
Mills Apts.
|
Lawrenceville, GA
|
224 | $ | 11,777,096 | 2/03 | 1/03 | 100 | % | $ | 2,266,233 | |||||||||||||||
Aurora Village Sr.
|
Aurora,
CO
|
100 | 4,228,853 | 2/03 | 3/03 | 100 | % | 1,526,951 | |||||||||||||||||
Brookside Park Apts.
|
Atlanta,
GA
|
200 | 11,962,924 | 12/03 | 3/05 | 100 | % | 137,046 | |||||||||||||||||
Families First II
|
W. Memphis,
AR
|
66 | 2,309,155 | 5/03 | 6/04 | 100 | % | 2,005,916 | |||||||||||||||||
Memphis
102
|
Memphis,
TN
|
102 | 1,803,202 | 5/03 | 8/04 | 100 | % | 3,497,653 | |||||||||||||||||
Northrock
Apts. III
|
Topeka,
KS
|
32 | 939,598 | 6/03 | 11/03 | 100 | % | 1,565,194 | |||||||||||||||||
Orchard
Manor Apts.**
|
Ukiah,
CA
|
64 | 6,867,480 | 10/03 | 9/03 | 100 | % | 2,231,125 | |||||||||||||||||
Orchard River Apts.**
|
Ukiah,
CA
|
48 | ** | 10/03 | 7/03 | 100 | % | ** | |||||||||||||||||
Oxford
Manor Apts.
|
New Oxford,
PA
|
32 | 1,302,427 | 3/03 | 5/03 | 100 | % | 454,862 | |||||||||||||||||
Post Oak East Apts.
|
Fort Worth,
TX
|
246 | 13,589,299 | 7/04 | 5/06 | 100 | % | 3,874,783 | |||||||||||||||||
River Gardens Apts.**
|
Fort Bragg,
CA
|
48 | ** | 10/03 | 11/03 | 100 | % | ** | |||||||||||||||||
Villages at
Aspen Club
|
Bealton,
VA
|
30 | 1,840,186 | 4/03 | 10/03 | 100 | % | 1,568,815 |
**
|
3 properties which make up one Operating Partnership named Orchard River Associates LP with 160 units. Entire mortgage balance and capital contributions paid reported with Orchard Manor Apts.
|
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
Baldwin Villas Apts.
|
Pontiac,
MI
|
65 | $ | 4,816,474 | 12/03 | 6/01 | 100 | % | $ | 106,137 | |||||||||||||||
Bartlett Bayou
|
Pascagoula,
MS
|
48 | 869,728 | 7/03 | 9/05 | 100 | % | 2,675,101 | |||||||||||||||||
Breezewood Villas II
|
Frederiksted, VI
|
12 | 969,089 | 12/03 | 3/03 | 100 | % | 53,729 | |||||||||||||||||
Brookside Park
|
Atlanta,
GA
|
200 | 11,962,924 | 12/03 | 3/05 | 100 | % | 3,666,890 | |||||||||||||||||
Brookside Square
|
Boykins,
VA
|
32 | 1,262,426 | 7/03 | 8/04 | 100 | % | 743,039 | |||||||||||||||||
Chevy Place
Hallman Court
|
Rochester,
NY
|
77 | 8,307,981 | 12/03 | 7/00 | 100 | % | 81,177 | |||||||||||||||||
Dawn Springs Villa
|
London,
KY
|
24 | 535,167 | 5/05 | 10/05 | 100 | % | 1,099,086 | |||||||||||||||||
Eastview Family
|
Watonga,
OK
|
16 | 629,545 | 9/04 | 6/04 | 100 | % | 187,429 | |||||||||||||||||
Fairview Manor
|
Childress,
TX
|
48 | 784,329 | 5/03 | 3/04 | 100 | % | 859,892 | |||||||||||||||||
Harbor Pt. II Apts.
|
Benton Township, MI
|
72 | 1,548,647 | 12/03 | 10/02 | 100 | % | 201,369 | |||||||||||||||||
Heritage Christian Home III
|
Brighton,
NY
|
12 | 401,472 | 1/04 | 10/03 | 100 | % | 721,545 | |||||||||||||||||
Jefferson House
|
Lynchburg,
VA
|
101 | 2,523,931 | 12/04 | 7/05 | 100 | % | 925,273 | |||||||||||||||||
Kings Pt.
Apts.
|
Sheridan,
CO
|
50 | 2,248,233 | 8/03 | 12/03 | 100 | % | 788,729 | |||||||||||||||||
La Mirage Apts.
|
Borger,
TX
|
12 | 858,708 | 8/03 | 10/03 | 100 | % | 766,945 | |||||||||||||||||
Lakeview
Station
|
Shepardsville,
KY
|
28 | 699,533 | 7/03 | 9/03 | 100 | % | 1,402,270 | |||||||||||||||||
Lawrence-ville Manor
|
Lawrenceville,
VA
|
24 | 905,076 | 7/03 | 8/04 | 100 | % | 771,671 | |||||||||||||||||
Lincoln Apts.
|
Shinnston,
WV
|
32 | 839,891 | 10/03 | 12/03 | 100 | % | 786,619 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
London Village
|
London,
KY
|
32 | $ | 594,262 | 4/05 | 9/05 | 100 | % | $ | 2,021,436 | |||||||||||||||
Lone Terrace
|
Lone Grove,
OK
|
32 | 1,242,004 | 5/03 | 1/04 | 100 | % | 435,193 | |||||||||||||||||
Lorie Village
|
Bowling Green,
KY
|
32 | 876,540 | 7/03 | 11/03 | 100 | % | 1,288,510 | |||||||||||||||||
Marina Woods Apts.
|
Halfmoon,
NY
|
32 | 1,387,733 | 12/03 | 4/02 | 100 | % | 4,435 | |||||||||||||||||
Mill Race
Apts.
|
Plainwell,
MI
|
32 | 984,145 | 6/03 | 12/03 | 100 | % | 347,253 | |||||||||||||||||
Orchard View Apst.
|
Farmington,
MO
|
40 | 815,646 | 7/03 | 6/04 | 100 | % | 2,226,954 | |||||||||||||||||
Reese Village
|
Emporia,
VA
|
40 | 1,392,951 | 3/05 | 11/04 | 100 | % | 1,198,088 | |||||||||||||||||
Ridge Crest
Apts.
|
St. Louis,
MO
|
83 | 3,515,773 | 8/03 | 9/04 | 100 | % | 2,020,327 | |||||||||||||||||
Sulphur Terrace
|
Sulphur,
OK
|
32 | 1,215,018 | 5/03 | 1/04 | 100 | % | 433,759 | |||||||||||||||||
University
Plaza Sr. Complex
|
Greely,
CO
|
34 | 1,070,757 | 5/03 | 9/03 | 100 | % | 332,128 | |||||||||||||||||
Valleyview
Apts.
|
Canneyville,
KY
|
24 | 701,585 | 12/05 | 12/04 | 100 | % | 488,540 | |||||||||||||||||
William B.
Quarton
|
Cedar Rapids, IA
|
28 | 1,210,696 | 1/04 | 7/03 | 100 | % | 1,197,000 | |||||||||||||||||
Willow Oak and Oroville Apartments
|
Willows,
CA
|
122 | 4,359,599 | 07/04 | 10/03 | 100 | % | 1,619,212 |
Property
Name
|
Location
|
Units
|
Mortgage
Balance as
of 12/31/10
|
Acq
Date
|
Const
Comp
|
Qualified
Occupancy
3/31/11
|
Cap Con
paid thru
3/31/11
|
||||||||||||||||||
Bartlett Bayou Apartments
|
Pascagoula,
MS
|
48 | $ | 869,728 | 7/03 | 9/05 | 100 | % | $ | 786,153 | |||||||||||||||
Clayton Station Apartments
|
Munfordville,
KY
|
29 | 756,953 | 4/04 | 9/04 | 100 | % | 1,274,486 | |||||||||||||||||
Deer Meadow Apartments
|
Tishomingo, OK
|
24 | 1,132,059 | 2/04 | 3/04 | 100 | % | 369,626 | |||||||||||||||||
Elma Gardens
|
Elma, WA
|
36 | 1,219,593 | 3/05 | 1/04 | 100 | % | 588,701 | |||||||||||||||||
Jacksonville Square Apts.
|
Jacksonville,
TX
|
44 | 1,083,145 | 11/03 | 7/04 | 100 | % | 621,519 | |||||||||||||||||
Kensington
Heights
Apts.
|
Kansas City,
MO
|
126 | 4,617,324 | 10/03 | 10/04 | 100 | % | 2,375,770 | |||||||||||||||||
Kimberly Place Apartments
|
Danbury,
CT
|
117 | 6,993,517 | 6/04 | 4/05 | 100 | % | 2,450,732 | |||||||||||||||||
Linden's
Apartments
|
Shawnee,
OK
|
54 | 1,140,766 | 12/04 | 2/06 | 100 | % | 2,963,132 | |||||||||||||||||
Ocean East Housing
|
Portland,
ME
|
32 | 1,472,108 | 2/04 | 6/05 | 100 | % | 3,787,273 | |||||||||||||||||
Panola
Apts.
|
Carthage,
TX
|
32 | 763,956 | 12/03 | 4/04 | 100 | % | 461,573 | |||||||||||||||||
Rosehill
Apts.
|
Topeka,
KS
|
48 | 2,450,000 | 12/03 | 9/04 | 100 | % | 2,540,503 | |||||||||||||||||
Sandy Hill Apartments
|
Greenville, KY
|
29 | 528,726 | 4/04 | 10/04 | 100 | % | 1,849,164 | |||||||||||||||||
Saint Martin
Apartments
|
McCombs,
MS
|
40 | 878,009 | 8/05 | 4/06 | 100 | % | 1,539,454 | |||||||||||||||||
Tanglewood Village Apartments
|
Panama,
OK
|
24 | 1,166,062 | 9/04 | 5/04 | 100 | % | 402,649 | |||||||||||||||||
Wagoner
Village
|
Wagoner,
OK
|
31 | 967,780 | 1/04 | 1/04 | 100 | % | 341,377 |
Legal Proceedings
|
|
None.
|
(Removed and Reserved.)
|
Market for the Fund's Limited Partnership Interests, Related Partnership Matters and Issuer Purchases of Partnership Interests
|
(a)
|
Market Information
|
(b)
|
Approximate number of security holders
|
(c)
|
Dividend history and restriction
|
Selected Financial Data
|
Management's Discussion and Analysis of Financial Condition and Results of Operations
|
Quantitative and Qualitative Disclosure About Market Risk
|
Financial Statements and Supplementary Data
|
Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
|
Controls & Procedures
|
|
(a)
|
Evaluation of Disclosure Controls and Procedures
|
|
(b)
|
Management's Annual Report on Internal Control over Financial Reporting
|
|
(c)
|
Changes in Internal Controls
|
Other Information
|
Directors, Executive Officers and Corporate Governance
|
(f)
|
Involvement in certain legal proceedings.
|
(g)
|
Promoters and control persons.
|
(h) and (i)
|
The Fund has no directors or executive officers and accordingly has no audit committee and no audit committee financial expert. The Fund is not a listed issuer as defined in Regulation 10A-3 promulgated under the Securities Exchange Act of 1934.
|
Executive Compensation
|
Security Ownership of Certain Beneficial Owners and Management and Related Partner Matters
|
|
(a)
|
Security ownership of certain beneficial owners.
|
Series 20
|
7.10 | % | ||
Series 21
|
6.09 | % | ||
Series 22
|
8.64 | % | ||
Series 23
|
6.72 | % | ||
Series 24
|
6.68 | % | ||
Series 25
|
6.88 | % | ||
Series 26
|
8.56 | % | ||
Series 27
|
9.23 | % | ||
Series 28
|
8.17 | % | ||
Series 29
|
7.20 | % | ||
Series 30
|
7.26 | % | ||
Series 31
|
6.84 | % | ||
Series 32
|
9.24 | % | ||
Series 33
|
8.23 | % | ||
Series 34
|
9.18 | % | ||
Series 35
|
7.90 | % | ||
Series 36
|
6.96 | % | ||
Series 37
|
8.55 | % | ||
Series 38
|
8.98 | % | ||
Series 39
|
8.31 | % | ||
Series 40
|
6.04 | % | ||
Series 41
|
8.37 | % | ||
Series 42
|
6.33 | % | ||
Series 43
|
6.80 | % | ||
Series 44
|
6.14 | % | ||
Series 46
|
6.03 | % |
|
(b)
|
Security ownership of management.
|
|
(c)
|
Changes in control.
|
Certain Relationships and Related Transactions, and Director Independence
|
|
(a)
|
Transactions with related persons
|
|
(b)
|
Review, Approval or Ratification of transactions with related persons.
|
|
(c)
|
Promoters and certain control persons.
|
|
(d)
|
Independence.
|
Principal Accounting Fees and Services
|
Fee Type
|
Ser. 20
|
Ser. 21
|
Ser. 22
|
Ser. 23
|
Ser. 24
|
|||||||||||||||
Audit Fees
|
$ | 16,225 | $ | 12,750 | $ | 18,928 | $ | 16,228 | $ | 17,003 | ||||||||||
Audit Related Fees
|
- | 255 | - | - | - | |||||||||||||||
Tax Fees
|
6,730 | 4,975 | 8,095 | 6,730 | 7,120 | |||||||||||||||
All Other Fees
|
- | 520 | - | - | - | |||||||||||||||
Total
|
$ | 22,955 | $ | 18,500 | $ | 27,023 | $ | 22,958 | $ | 24,123 | ||||||||||
Fee Type
|
Ser. 25
|
Ser. 26
|
Ser. 27
|
Ser. 28
|
Ser. 29
|
|||||||||||||||
Audit Fees
|
$ | 16,228 | $ | 25,078 | $ | 13,903 | $ | 17,753 | $ | 15,828 | ||||||||||
Audit Related Fees
|
765 | 1,530 | 1,020 | 1,020 | 1,275 | |||||||||||||||
Tax Fees
|
6,730 | 11,410 | 5,755 | 7,510 | 6,730 | |||||||||||||||
All Other Fees
|
- | - | - | - | - | |||||||||||||||
Total
|
$ | 23,723 | $ | 38,018 | $ | 20,678 | $ | 26,283 | $ | 23,833 | ||||||||||
Fee Type
|
Ser. 30
|
Ser. 31
|
Ser. 32
|
Ser. 33
|
Ser. 34
|
|||||||||||||||
Audit Fees
|
$ | 14,678 | $ | 17,753 | $ | 13,903 | $ | 11,603 | $ | 13,153 | ||||||||||
Audit Related Fees
|
2,295 | 2,295 | 2,805 | 1,275 | 2,040 | |||||||||||||||
Tax Fees
|
5,950 | 7,510 | 7,120 | 4,780 | 5,170 | |||||||||||||||
All Other Fees
|
- | - | - | - | - | |||||||||||||||
Total
|
$ | 22,923 | $ | 27,558 | $ | 23,828 | $ | 17,658 | $ | 20,363 |
Item 14.
|
Principal Accounting Fees and Services - continued
|
Fee Type
|
Ser. 35
|
Ser. 36
|
Ser. 37
|
Ser. 38
|
Ser. 39
|
|||||||||||||||
Audit Fees
|
$ | 11,978 | $ | 11,978 | $ | 10,453 | $ | 11,603 | $ | 11,228 | ||||||||||
Audit Related Fees
|
1,785 | 2,295 | 1,275 | 2,295 | 2,295 | |||||||||||||||
Tax Fees
|
4,585 | 4,585 | 3,805 | 4,585 | 4,390 | |||||||||||||||
All Other Fees
|
- | - | - | - | - | |||||||||||||||
Total
|
$ | 18,348 | $ | 18,858 | $ | 15,533 | $ | 18,483 | $ | 17,913 | ||||||||||
Fee Type
|
Ser. 40
|
Ser. 41
|
Ser. 42
|
Ser. 43
|
Ser. 44
|
|||||||||||||||
Audit Fees
|
$ | 13,903 | $ | 15,828 | $ | 16,603 | $ | 16,603 | $ | 11,603 | ||||||||||
Audit Related Fees
|
3,825 | 3,825 | 3,825 | 5,100 | 2,040 | |||||||||||||||
Tax Fees
|
6,535 | 6,730 | 6,925 | 8,290 | 4,390 | |||||||||||||||
All Other Fees
|
- | - | - | - | - | |||||||||||||||
Total
|
$ | 24,263 | $ | 26,383 | $ | 27,353 | $ | 29,993 | $ | 18,033 | ||||||||||
Fee Type
|
Ser. 45
|
Ser. 46
|
||||||||||||||||||
Audit Fees
|
$ | 19,303 | $ | 13,528 | ||||||||||||||||
Audit Related Fees
|
7,395 | 3,825 | ||||||||||||||||||
Tax Fees
|
8,290 | 5,365 | ||||||||||||||||||
All Other Fees
|
- | - | ||||||||||||||||||
Total
|
$ | 34,988 | $ | 22,718 |
Item 14.
|
Principal Accounting Fees and Services- continued
|
Fee Type
|
Ser. 20
|
Ser. 21
|
Ser. 22
|
Ser. 23
|
Ser. 24
|
|||||||||||||||
Audit Fees
|
$ | 15,787 | $ | 12,412 | $ | 18,412 | $ | 15,787 | $ | 16,537 | ||||||||||
Audit Related Fees
|
750 | 500 | 750 | 750 | 750 | |||||||||||||||
Tax Fees
|
6,565 | 4,855 | 7,895 | 6,565 | 6,945 | |||||||||||||||
All Other Fees
|
- | - | - | - | - | |||||||||||||||
Total
|
$ | 23,102 | $ | 17,767 | $ | 27,057 | $ | 23,102 | $ | 24,232 | ||||||||||
Fee Type
|
Ser. 25
|
Ser. 26
|
Ser. 27
|
Ser. 28
|
Ser. 29
|
|||||||||||||||
Audit Fees
|
$ | 15,787 | $ | 24,412 | $ | 13,537 | $ | 17,287 | $ | 15,787 | ||||||||||
Audit Related Fees
|
3,500 | 4,250 | 2,250 | 4,000 | 4,000 | |||||||||||||||
Tax Fees
|
6,565 | 10,935 | 5,425 | 7,325 | 6,565 | |||||||||||||||
All Other Fees
|
- | - | - | - | - | |||||||||||||||
Total
|
$ | 25,852 | $ | 39,597 | $ | 21,212 | $ | 28,612 | $ | 26,352 | ||||||||||
Fee Type
|
Ser. 30
|
Ser. 31
|
Ser. 32
|
Ser. 33
|
Ser. 34
|
|||||||||||||||
Audit Fees
|
$ | 14,287 | $ | 17,287 | $ | 13,912 | $ | 11,287 | $ | 12,787 | ||||||||||
Audit Related Fees
|
4,500 | 5,500 | 3,750 | 2,250 | 3,250 | |||||||||||||||
Tax Fees
|
5,805 | 7,515 | 5,615 | 4,285 | 5,045 | |||||||||||||||
All Other Fees
|
- | - | - | - | - | |||||||||||||||
Total
|
$ | 24,592 | $ | 30,302 | $ | 23,277 | $ | 17,822 | $ | 21,082 |
Item 14.
|
Principal Accounting Fees and Services- continued
|
Fee Type
|
Ser. 35
|
Ser. 36
|
Ser. 37
|
Ser. 38
|
Ser. 39
|
|||||||||||||||
Audit Fees
|
$ | 11,662 | $ | 11,662 | $ | 10,162 | $ | 11,287 | $ | 10,912 | ||||||||||
Audit Related Fees
|
2,500 | 2,500 | 1,750 | 2,500 | 2,250 | |||||||||||||||
Tax Fees
|
4,475 | 4,475 | 3,715 | 4,285 | 4,095 | |||||||||||||||
All Other Fees
|
- | - | - | - | - | |||||||||||||||
Total
|
$ | 18,637 | $ | 18,637 | $ | 15,627 | $ | 18,072 | $ | 17,257 | ||||||||||
Fee Type
|
Ser. 40
|
Ser. 41
|
Ser. 42
|
Ser. 43
|
Ser. 44
|
|||||||||||||||
Audit Fees
|
$ | 13,537 | $ | 15,412 | $ | 16,162 | $ | 16,162 | $ | 11,287 | ||||||||||
Audit Related Fees
|
4,000 | 4,500 | 4,750 | 5,500 | 2,250 | |||||||||||||||
Tax Fees
|
5,425 | 6,375 | 6,755 | 6,755 | 4,285 | |||||||||||||||
All Other Fees
|
- | - | - | - | - | |||||||||||||||
Total
|
$ | 22,962 | $ | 26,287 | $ | 27,667 | $ | 28,417 | $ | 17,822 | ||||||||||
Fee Type
|
Ser. 45
|
Ser. 46
|
||||||||||||||||||
Audit Fees
|
$ | 18,787 | $ | 13,178 | ||||||||||||||||
Audit Related Fees
|
7,250 | 3,750 | ||||||||||||||||||
Tax Fees
|
8,085 | 5,235 | ||||||||||||||||||
All Other Fees
|
- | - | ||||||||||||||||||
Total
|
$ | 34,122 | $ | 22,163 |
Exhibits and Financial Statement Schedules
|
(a) 1 & 2
|
Financial Statements and Financial Statement Schedules; Filed herein as Exhibit 13
|
(b) 1
|
Exhibits (listed according to the number assigned in the table in Item 601 of Regulation S-K)
|
|
a.
|
Certificate of Limited Partnership of Boston Capital Tax Credit Fund IV L.P. (Incorporated by reference from Exhibit 3 to the Fund's Registration Statement No. 33-70564 on Form S-11 as filed with the Securities and Exchange Commission on October 19,1993).
|
|
a.
|
Agreement of Limited Partnership of Boston Capital Tax Credit Fund IV L.P. (Incorporated by reference from Exhibit 4 to the Fund's Registration Statement No. 33-70564 on Form S-11 as filed with the Securities and Exchange Commission on October 19, 1993).
|
|
a.
|
Beneficial Assignee Certificate. (Incorporated by reference from Exhibit 10A to the Fund's Registration Statement No. 33-70564 on Form S-11 as filed with the Securities and Exchange Commission on October 19, 1993).
|
|
a.
|
Financial Statement of Boston Capital Tax Credit Fund IV L.P.; Filed herein
|
|
a.
|
Independent Auditor's Reports for Operating Partnerships; Filed herein.
|
|
a.
|
Agreement of Limited Partnership of Better Homes for Havelock Limited Partnership (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on February 1, 1995).
|
|
b.
|
Agreement of Limited Partnership of Cynthiana Properties Limited (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on February 1, 1995).
|
|
c.
|
Agreement of Limited Partnership of North Hampton Place Limited Partnership (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on October 13, 1995).
|
|
d.
|
Agreement of Limited Partnership of Brook Summitt Apartments, LP (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on February 29, 1996).
|
|
e.
|
Agreement of Limited Partnership of New Madison Park IV Limited Partnership (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on December 16, 1997).
|
|
f.
|
Agreement of Limited Partnership of Smith House II Limited Partnership (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on December 16, 1997).
|
|
g.
|
Agreement of Limited Partnership of New Madison Park IV Limited Partnership (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on February 11, 1997).
|
|
h.
|
Agreement of Limited Partnership of M.R.H.,L.P. (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on February 14, 1997).
|
|
i.
|
Agreement of Limited Partnership of 352 Lenox Associates, L.P.(Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on December 16, 1997).
|
|
j.
|
Agreement of Limited Partnership of Decro Nordoff, L.P. (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on December 16, 1997).
|
|
k.
|
Agreement of Limited Partnership of Hurricane Hills, L.P. (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 25, 1997).
|
|
l.
|
Agreement of Limited Partnership of Main Everett Housing, L.P. (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 25, 1997).
|
|
m.
|
Agreement of Limited Partnership of Mokapoke Limited Partnership (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 25, 1997).
|
|
n.
|
Agreement of Limited Partnership of Autumn Ridge L.P. (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 26, 1997).
|
|
o.
|
Agreement of Limited Partnership of Century East Apartments II Limited Partnership (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 26, 1997).
|
|
p.
|
Agreement of Limited Partnership of Coolidge-Pinal II Associates (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 26, 1997).
|
|
q.
|
Agreement of Limited Partnership of Dublin Housing Associates Phase II (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 26, 1997).
|
|
r.
|
Agreement of Limited Partnership of East Park Apartments II Limited Partnership(Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 26, 1997).
|
|
s.
|
Agreement of Limited Partnership of Edenfield Place Apartments, L.P. (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 26, 1997).
|
|
t.
|
Agreement of Limited Partnership of Ethel Housing, L.P. (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 26, 1997).
|
|
u.
|
Agreement of Limited Partnership of Los Lunas Limited Partnership(Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 26, 1997).
|
|
v.
|
Agreement of Limited Partnership of New Devonshire West, Limited Partnership (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 26, 1997).
|
|
w.
|
Agreement of Limited Partnership of Northfield Housing, L.P. (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 26, 1997).
|
|
x.
|
Agreement of Limited Partnership of Ohio Investors Limited Partnership (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 26, 1997).
|
|
y.
|
Agreement of Limited Partnership of Osborne Housing, L.P. (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 26, 1997).
|
|
z.
|
Agreement of Limited Partnership of Overton Associates Limited Partnership(Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 26, 1997).
|
|
aa.
|
Agreement of Limited Partnership of Pahrump Valley Investors (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 26, 1997).
|
|
ab.
|
Agreement of Limited Partnership of Osborne Housing, L.P.(Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 26, 1997).
|
|
ac.
|
Agreement of Limited Partnership of Shannon Housing, L.P. (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 26, 1997).
|
|
ad.
|
Agreement of Limited Partnership of Sutton Place Apartments (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 26, 1997).
|
|
ae.
|
Agreement of Limited Partnership of West Point Housing, L.P.(Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 26, 1997).
|
|
af.
|
Agreement of Limited Partnership of Jeremy Associates Limited Partnership (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 27, 1997).
|
|
ag.
|
Agreement of Limited Partnership of Laurelwood Park Limited Partnership (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 27, 1997).
|
|
ah.
|
Agreement of Limited Partnership of Jeremy Associates Limited Partnership (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 27, 1997).
|
|
ai.
|
Agreement of Limited Partnership of Roxbury Housing Veterans Limited Partnership (Incorporated by reference from Registrant's current report on Form 8-K as filed with the Securities and Exchange Commission on March 27, 1997).
|
|
aj.
|
Agreement of Limited Partnership of Elm Street Associates, L.P. (incorporated by reference from Registrants current report on form 8-K as filed with the Securities and Exchange Commission on April 7, 1997.)
|
|
ak.
|
Agreement of Limited Partnership of Brookhaven Apartments Partnership (incorporated by reference from Registrants current report on form 8-K as filed with the Securities and Exchange Commission on May 21, 1997.)
|
|
al.
|
Agreement of Limited Partnership of Maple Limited Partnership (incorporated by reference from Registrants current report on form 8-K as filed with the Securities and Exchange Commission on July 16, 1997.)
|
|
am.
|
Agreement of Limited Partnership of Byam Limited Partnership (incorporated by reference from Registrants current report on form 8-K as filed with the Securities and Exchange Commission on July 22, 1997.)
|
|
an.
|
Agreement of Limited Partnership of Harbor Limited Partnership (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on July 22, 1997.)
|
|
ao.
|
Agreement of Limited Partnership of Bradley Phase II Limited Partnership (incorporated by Reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on July 22, 1997.)
|
|
ap.
|
Agreement of Limited Partnership of Butler Street/Hanover Towers Limited Partnership (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on July 22, 1997.)
|
|
aq.
|
Agreement of Limited Partnership of Bradley Phase I Limited Partnership (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on July 22, 1997.)
|
|
ar.
|
Agreement of Limited Partnership of 1374 Boston Road Limited Partnership (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on August 5, 1997.)
|
|
as.
|
Agreement of Limited Partnership of Centenary Housing Limited Partnership (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on August 5, 1997.)
|
|
at.
|
Agreement of Limited Partnership of Lake Apartments II Limited Partnership (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on August 5, 1997.)
|
|
au.
|
Agreement of Limited Partnership of AHAB Project One, LP (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on August 8, 1997.)
|
|
av.
|
Agreement of Limited Partnership of Grandview Limited Partnership (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on April 23, 1998.)
|
|
aw.
|
Agreement of Limited Partnership of Angelou Associates, L.P. (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on April 23, 1998.)
|
|
ax.
|
Agreement of Limited Partnership of Country Edge Apartments I Limited Partnership(incorporated by reference from registrants current report on form 8-k as filed with the Securities and Exchange Commission on April 24, 1998.)
|
|
ay.
|
Agreement of Limited Partnership of Sumner House Limited Partnership (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on April 27, 1998.)
|
|
az.
|
Agreement of Limited Partnership of Magnolia Place Apartments Partnerships (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on April 30, 1998.)
|
|
ba.
|
Agreement of Limited Partnership of Edgewood Apartments Partnership (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on April 30, 1998.)
|
|
bb.
|
Agreement of Limited Partnership of Harrisonville Heights L.P. (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on April 30, 1998.)
|
|
bc.
|
Agreement of Limited Partnership of Neighborhood Restorations Limited Partnership VII incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on April 30, 1998.)
|
|
bd.
|
Agreement of Limited Partnership of Escher SRO Project, L.P. (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on May 1, 1998.)
|
|
be.
|
Agreement of Limited Partnership of Silver Creek/MHT Limited Partnership (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on June 30, 1999.)
|
|
bf.
|
Agreement of Limited Partnership of Meridian Housing Limited Partnership (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on June 30, 1999.)
|
|
bg.
|
Agreement of Limited Partnership of Southaven Partners I, L.P. (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange on July 27, 1999.)
|
|
bh.
|
Agreement of Limited Partnership of Athens Partners, L.P. (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on July 27, 1999.)
|
|
bi.
|
Agreement of Limited Partnership of Pearl Partners, L.P. (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on November 30, 1999.)
|
|
bj.
|
Agreement of Limited Partnership of Harbor Pointe/MHT Limited Dividend Housing Association Limited Partnership (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on December 28, 1999.)
|
|
bk.
|
Agreement of Limited Partnership of Level Creek Partners, L.P. (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on December 29, 1999.)
|
|
bl.
|
Agreement of Limited Partnership of Lake City Limited Partnership (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on February 3, 2000.)
|
|
bm.
|
Agreement of Limited Partnership of Pine Ridge Apartments Partnership (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange on on February 9, 2000.)
|
|
bn.
|
Agreement of Limited Partnership of Pecan Manor Apartments Partnership (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on February 10, 2000.)
|
|
bo.
|
Agreement of Limited Partnership of Pyramid Four Limited Partnership (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on February 16, 2000.)
|
|
bp.
|
Agreement of Limited Partnership of Lombard Partners, L.P. (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on January 26, 2000.)
|
|
bq.
|
Agreement of Limited Partnership of Belmont Affordable Housing II LP (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on September 29, 2000.)
|
|
br.
|
Agreement of Limited Partnership of Jackson Bond LP (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on September 29, 2000.)
|
|
bs.
|
Agreement of Limited Partnership of Fort Bend NHC, L.P. (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on September 29, 2000.)
|
|
bt.
|
Agreement of Limited Partnership of Breezewood II, L.P. (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on October 30, 2002.)
|
|
bu.
|
Agreement of Limited Partnership of Wingfield Apartments II L.P. (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on November 12, 2002.)
|
|
bv.
|
Agreement of Limited Partnership of Natchez Place Apartments L.P. (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on November 13, 2002.)
|
|
bw.
|
Agreement of Limited Partnership of Rural Housing Partners of Mendota LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on December 30, 2002.)
|
|
bx.
|
Agreement of Limited Partnership of Springfield Metro (incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on January 21, 2003.)
|
|
by.
|
Agreement of Limited Partnership of Rural Housing Partners of Mt. Carroll LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on January 21, 2003.)
|
bz.
|
Agreement of Limited Partnership of Meadowside Associates incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on January 21, 2003.)
|
|
ca.
|
Agreement of Limited Partnership of Los Lunas Apts. LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on January 21, 2003.)
|
|
cb.
|
Agreement of Limited Partnership of Edna Vanderbilt incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on January 21, 2003.)
|
|
cc.
|
Agreement of Limited Partnership of Hawthorne Assoc. LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on January 21, 2003.)
|
|
cd.
|
Agreement of Limited Partnership of Rural Housing Partners of Franklin Grove LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on January 21, 2003.)
|
|
ce.
|
Agreement of Limited Partnership of Rural Housing Partners of Fulton LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on January 21, 2003.)
|
|
cf.
|
Agreement of Limited Partnership of Heritage Two LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on January 21, 2003.)
|
|
cg.
|
Agreement of Limited Partnership of Parkhurst Place incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on January 21, 2003.)
|
|
ch.
|
Agreement of Limited Partnership of Hattiesburg Housing LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
ci.
|
Agreement of Limited Partnership of 1374 Boston Road LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
cj.
|
Agreement of Limited Partnership of 200 East Avenue Associates LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
ck.
|
Agreement of Limited Partnership of Casa Rosa Apartments incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
cl.
|
Agreement of Limited Partnership of Lake Apartments II LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
cm.
|
Agreement of Limited Partnership of Northrock Housing Associates LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
cn.
|
Agreement of Limited Partnership of AHAB Project One LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
co.
|
Agreement of Limited Partnership of Randolph Village Associates LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
cp.
|
Agreement of Limited Partnership of Sr. Suites Chicago Austin LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
cq.
|
Agreement of Limited Partnership of Clubview Partners LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
cr.
|
Agreement of Limited Partnership of Edgewood Apartments Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
cs.
|
Agreement of Limited Partnership of Harbor Pointe/MHT LDHA LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
ct.
|
Agreement of Limited Partnership of Lombard Partners LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
cu.
|
Agreement of Limited Partnership of Millwood Park LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
cv.
|
Agreement of Limited Partnership of Hillside Terrace Associates LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
cw.
|
Agreement of Limited Partnership of San Angelo Bent Tree Apts. LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
cx.
|
Agreement of Limited Partnership of Montfort Housing LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
cy.
|
Agreement of Limited Partnership of Summerdale Partners LP II incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
cz.
|
Agreement of Limited Partnership of Seagraves Apartments LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
da.
|
Agreement of Limited Partnership of FFLM Associates LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
db.
|
Agreement of Limited Partnership of COGIC Village LDHA LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
dc.
|
Agreement of Limited Partnership of FFLM Associates LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
dd.
|
Agreement of Limited Partnership of FFLM Associates LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
de.
|
Agreement of Limited Partnership of Pyramid Four Limited Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
df.
|
Agreement of Limited Partnership of 200 East Avenue Associates LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
dg.
|
Agreement of Limited Partnership of Parkside Plaza LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
dh.
|
Agreement of Limited Partnership of Granada Rose LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
di.
|
Agreement of Limited Partnership of Northrock Housing Assoc. LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
dj.
|
Agreement of Limited Partnership of Southaven Partners I LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
dk.
|
Agreement of Limited Partnership of Howard Park Ltd incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
dl.
|
Agreement of Limited Partnership of Washington Courtyards LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
dm.
|
Agreement of Limited Partnership of Highway Partners 18 LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
dn.
|
Agreement of Limited Partnership of Wedgewood Park LP incorporated by reference from registrants current report on form 8-K as filed filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
do.
|
Agreement of Limited Partnership of Washington Courtyards LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
dp.
|
Agreement of Limited Partnership of Annadale Housing Partners incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
dq.
|
Agreement of Limited Partnership of Ashton Ridge LDHA LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
dr.
|
Agreement of Limited Partnership of FAH Silver Pond LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
ds.
|
Agreement of Limited Partnership of Ashton Ridge LDHA LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
dt.
|
Agreement of Limited Partnership of Aldine Westfield Apts., LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
du.
|
Agreement of Limited Partnership of Arbors at Eagle Crest LDHA LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
dv.
|
Agreement of Limited Partnership of KC Shalom Housing LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
dw.
|
Agreement of Limited Partnership of Breeze Cove Limited Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
dx.
|
Agreement of Limited Partnership of DS Housing LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
dy.
|
Agreement of Limited Partnership of CC Housing LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
dz.
|
Agreement of Limited Partnership of TS Housing LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
ea.
|
Agreement of Limited Partnership of Carpenter School I Elderly Apts. LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
eb.
|
Agreement of Limited Partnership of Lyceum Housing LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
ec.
|
Agreement of Limited Partnership of New Shinnston I LP incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2003.)
|
|
ed.
|
Agreement of Limited Partnership of Lyceum Housing Limited Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2004.)
|
|
ee.
|
Agreement of Limited Partnership of New Shinniston I Limited Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on March 31, 2004.)
|
|
ef.
|
Agreement of Limited Partnership of Gilbert Apartments Limited Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on April 26, 2004.)
|
|
eg.
|
Agreement of Limited Partnership of HS Housing Limited Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on April 26, 2004.
|
|
eh.
|
Agreement of Limited Partnership of SM Housing Limited Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on April 26, 2004.)
|
|
ei.
|
Agreement of Limited Partnership of CT Housing Limited Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on April 26, 2004.)
|
|
ej.
|
Agreement of Limited Partnership of North Fort Aspen Plus Limited Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on April 26,2004.)
|
|
ek.
|
Agreement of Limited Partnership of Strawberry Lake Apartments Limited Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on April 26, 2004.)
|
|
el.
|
Agreement of Limited Partnership of Byam Village Limited Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on April 28, 2004.)
|
|
em.
|
Agreement of Limited Partnership of Kiehl Partners Limited Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on April 28, 2004.)
|
|
en.
|
Agreement of Limited Partnership of Trinity Life Gardens Limited Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on April 29,2004.)
|
|
eo.
|
Agreement of Limited Partnership of Athens Partners, LP Limited Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on May 3, 2004.)
|
|
ep.
|
Agreement of Limited Partnership of San Diego/Fox Hollow Limited Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on June 1, 2004.)
|
|
eq.
|
Agreement of Limited Partnership of Elma Gardens of Grays Harbor Limited Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on August 2, 2004.)
|
|
er.
|
Agreement of Limited Partnership of Kimberly Danbury Limited Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on August 2, 2004.)
|
|
es.
|
Agreement of Limited Partnership of Tanglewood Village Limited Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on August 4, 2004.)
|
|
et.
|
Agreement of Limited Partnership of Portland Ocean East I Limited Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on January 24, 2005.)
|
|
eu.
|
Agreement of Limited Partnership of Clayton Station Limited Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on January 24, 2005.)
|
|
ev.
|
Agreement of Limited Partnership of Deer Meadows Limited Partnership incorporated by reference from registrants current report on form 8-K as filed with the Securities and Exchange Commission on January 24, 2005.)
|
|
a.
|
Certification pursuant to 18 U.S.C. Section 1350, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, filed herein
|
|
b.
|
Certification pursuant to 18 U.S.C. Section 1350, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, filed herein
|
|
a.
|
Certification pursuant to 18 U.S.C. Section 1350, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, filed herein
|
|
b.
|
Certification pursuant to 18 U.S.C. Section 1350, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, filed herein
|
Boston Capital Tax Credit Fund IV L.P.
|
|||
By:
|
Boston Capital Associates IV L.P.
|
||
General Partner
|
|||
By:
|
BCA Associates Limited Partnership
General Partner
|
||
By:
|
C&M Management, Inc.
General Partner
|
||
Date: July 13, 2011
|
By:
|
/s/ John P. Manning
|
|
John P. Manning
|
DATE:
|
SIGNATURE:
|
TITLE:
|
||
July 13, 2011
|
/s/ John P. Manning
|
Director, President
|
||
John P. Manning
|
(Principal Executive
|
|||
Officer), C&M
|
||||
Management, Inc.;
|
||||
Director, President
|
||||
(Principal Executive
|
||||
Officer) BCTC IV
|
||||
Assignor Corp.
|
||||
July 13, 2011
|
/s/ Marc N. Teal
|
Sr. Vice President,
|
||
Marc N. Teal
|
Chief Financial
|
|||
Officer (Principal
|
||||
Accounting and
|
||||
Financial Officer)
|
||||
C&M Management Inc.;
|
||||
Sr. Vice President,
|
||||
Chief Financial
|
||||
Officer (Principal
|
||||
Accounting and
|
||||
Financial Officer)
|
||||
BCTC IV Assignor
|
||||
|
|
Corp.
|
PAGE
|
|||
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
|
F-3
|
||
FINANCIAL STATEMENTS
|
|||
BALANCE SHEETS
|
F-6
|
||
STATEMENTS OF OPERATIONS
|
F-34
|
||
STATEMENTS OF CHANGES IN PARTNERS’ CAPITAL (DEFICIT)
|
F-62
|
||
STATEMENTS OF CASH FLOWS
|
F-90
|
||
NOTES TO FINANCIAL STATEMENTS
|
F-146
|
Total
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | 47,231,216 | $ | 79,603,328 | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
7,926,372 | 6,498,869 | ||||||
Notes receivable
|
69,698 | 723,071 | ||||||
Deferred acquisition costs, net of accumulated amortization
|
5,139,203 | 8,667,943 | ||||||
Other assets
|
200,011 | 205,926 | ||||||
$ | 60,566,500 | $ | 95,699,137 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | 184,088 | $ | 90,252 | ||||
Accounts payable - affiliates
|
51,518,653 | 51,204,507 | ||||||
Capital contributions payable
|
1,158,822 | 2,081,011 | ||||||
52,861,563 | 53,375,770 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 83,651,080 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 83,651,080 issued and 83,649,080 and 83,651,080 outstanding at March 31, 2011 and 2010, respectively
|
14,794,108 | 49,066,354 | ||||||
General partner
|
(7,089,171 | ) | (6,742,987 | ) | ||||
7,704,937 | 42,323,367 | |||||||
$ | 60,566,500 | $ | 95,699,137 |
Series 20
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | - | $ | - | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
245,496 | 187,333 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
- | - | ||||||
Other assets
|
- | 2,633 | ||||||
$ | 245,496 | $ | 189,966 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | 17,876 | $ | 7,500 | ||||
Accounts payable - affiliates
|
2,695,130 | 3,432,216 | ||||||
Capital contributions payable
|
- | - | ||||||
2,713,006 | 3,439,716 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 3,866,700 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 3,866,700 at March 31, 2011 and 2010 issued and outstanding
|
(2,134,583 | ) | (2,909,001 | ) | ||||
General partner
|
(332,927 | ) | (340,749 | ) | ||||
(2,467,510 | ) | (3,249,750 | ) | |||||
$ | 245,496 | $ | 189,966 |
Series 21
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | - | $ | - | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
338,841 | 287,156 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
- | - | ||||||
Other assets
|
- | - | ||||||
$ | 338,841 | $ | 287,156 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | 8,020 | $ | 15,808 | ||||
Accounts payable - affiliates
|
1,585,039 | 1,515,274 | ||||||
Capital contributions payable
|
- | - | ||||||
1,593,059 | 1,531,082 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 1,892,700 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 1,892,700 issued and 1,890,700 and 1,892,700 outstanding at March 31, 2011 and 2010, respectively
|
(1,079,725 | ) | (1,069,536 | ) | ||||
General partner
|
(174,493 | ) | (174,390 | ) | ||||
(1,254,218 | ) | (1,243,926 | ) | |||||
$ | 338,841 | $ | 287,156 |
Series 22
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | - | $ | - | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
344,376 | 150,885 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
- | - | ||||||
Other assets
|
500 | 3,000 | ||||||
$ | 344,876 | $ | 153,885 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | 12,501 | $ | 20,115 | ||||
Accounts payable - affiliates
|
3,001,623 | 3,344,254 | ||||||
Capital contributions payable
|
9,352 | 9,352 | ||||||
3,023,476 | 3,373,721 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 2,564,400 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 2,564,400 at March 31, 2011 and 2010 issued and outstanding
|
(2,432,731 | ) | (2,968,555 | ) | ||||
General partner
|
(245,869 | ) | (251,281 | ) | ||||
(2,678,600 | ) | (3,219,836 | ) | |||||
$ | 344,876 | $ | 153,885 |
Series 23
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | - | $ | - | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
325,579 | 96,567 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
- | - | ||||||
Other assets
|
- | - | ||||||
$ | 325,579 | $ | 96,567 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | 19,800 | $ | 30,173 | ||||
Accounts payable - affiliates
|
2,443,015 | 2,814,021 | ||||||
Capital contributions payable
|
- | - | ||||||
2,462,815 | 2,844,194 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 3,336,727 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 3,336,727 at March 31, 2011 and 2010 issued and outstanding
|
(1,831,017 | ) | (2,435,304 | ) | ||||
General partner
|
(306,219 | ) | (312,323 | ) | ||||
(2,137,236 | ) | (2,747,627 | ) | |||||
$ | 325,579 | $ | 96,567 |
Series 24
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | - | $ | - | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
200,227 | 247,141 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
- | - | ||||||
Other assets
|
- | - | ||||||
$ | 200,227 | $ | 247,141 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | 8,178 | $ | 15,678 | ||||
Accounts payable - affiliates
|
2,610,014 | 2,532,114 | ||||||
Capital contributions payable
|
9,999 | 9,999 | ||||||
2,628,191 | 2,557,791 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 2,169,878 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 2,169,878 at March 31, 2011 and 2010 issued and outstanding
|
(2,218,387 | ) | (2,102,246 | ) | ||||
General partner
|
(209,577 | ) | (208,404 | ) | ||||
(2,427,964 | ) | (2,310,650 | ) | |||||
$ | 200,227 | $ | 247,141 |
Series 25
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | - | $ | - | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
562,226 | 256,530 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
- | - | ||||||
Other assets
|
1,250 | 1,250 | ||||||
$ | 563,476 | $ | 257,780 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | 55,386 | $ | 978 | ||||
Accounts payable - affiliates
|
2,155,199 | 2,343,988 | ||||||
Capital contributions payable
|
10,001 | 10,001 | ||||||
2,220,586 | 2,354,967 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 3,026,109 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 3,026,109 at March 31, 2011 and 2010 issued and outstanding
|
(1,383,095 | ) | (1,818,771 | ) | ||||
General partner
|
(274,015 | ) | (278,416 | ) | ||||
(1,657,110 | ) | (2,097,187 | ) | |||||
$ | 563,476 | $ | 257,780 |
Series 26
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | - | $ | - | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
476,868 | 312,412 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
- | - | ||||||
Other assets
|
5,400 | 5,400 | ||||||
$ | 482,268 | $ | 317,812 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | 30,000 | $ | - | ||||
Accounts payable - affiliates
|
2,300,560 | 3,306,873 | ||||||
Capital contributions payable
|
14,490 | 14,490 | ||||||
2,345,050 | 3,321,363 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 3,995,900 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 3,995,900 at March 31, 2011 and 2010 issued and outstanding
|
(1,503,901 | ) | (2,633,262 | ) | ||||
General partner
|
(358,881 | ) | (370,289 | ) | ||||
(1,862,782 | ) | (3,003,551 | ) | |||||
$ | 482,268 | $ | 317,812 |
Series 27
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | - | $ | 2,342,151 | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
550,614 | 273,885 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
130,783 | 196,175 | ||||||
Other assets
|
20,074 | 20,074 | ||||||
$ | 701,471 | $ | 2,832,285 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | 10,000 | $ | - | ||||
Accounts payable - affiliates
|
2,195,499 | 3,300,668 | ||||||
Capital contributions payable
|
22,861 | 22,861 | ||||||
2,228,360 | 3,323,529 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 2,460,700 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 2,460,700 at March 31, 2011 and 2010 issued and outstanding
|
(1,305,173 | ) | (279,884 | ) | ||||
General partner
|
(221,716 | ) | (211,360 | ) | ||||
(1,526,889 | ) | (491,244 | ) | |||||
$ | 701,471 | $ | 2,832,285 |
Series 28
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | - | $ | - | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
259,714 | 262,507 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
- | - | ||||||
Other assets
|
3,550 | 3,550 | ||||||
$ | 263,264 | $ | 266,057 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | - | $ | - | ||||
Accounts payable - affiliates
|
1,329,696 | 1,045,580 | ||||||
Capital contributions payable
|
40,968 | 40,968 | ||||||
1,370,664 | 1,086,548 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 4,000,738 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 4,000,738 at March 31, 2011 and 2010 issued and outstanding
|
(752,578 | ) | (468,538 | ) | ||||
General partner
|
(354,822 | ) | (351,953 | ) | ||||
(1,107,400 | ) | (820,491 | ) | |||||
$ | 263,264 | $ | 266,057 |
Series 29
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | - | $ | 24,395 | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
214,315 | 206,375 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
- | 28,950 | ||||||
Other assets
|
- | - | ||||||
$ | 214,315 | $ | 259,720 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | - | $ | - | ||||
Accounts payable - affiliates
|
2,895,197 | 2,563,793 | ||||||
Capital contributions payable
|
10,197 | 10,197 | ||||||
2,905,394 | 2,573,990 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 3,991,800 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 3,991,800 at March 31, 2011 and 2010 issued and outstanding
|
(2,325,521 | ) | (1,952,480 | ) | ||||
General partner
|
(365,558 | ) | (361,790 | ) | ||||
(2,691,079 | ) | (2,314,270 | ) | |||||
$ | 214,315 | $ | 259,720 |
Series 30
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | - | $ | 83,042 | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
421,530 | 280,327 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
- | 26,275 | ||||||
Other assets
|
6,675 | 6,675 | ||||||
$ | 428,205 | $ | 396,319 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | 10,000 | $ | - | ||||
Accounts payable - affiliates
|
1,396,458 | 1,213,298 | ||||||
Capital contributions payable
|
127,396 | 127,396 | ||||||
1,533,854 | 1,340,694 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 2,651,000 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 2,651,000 at March 31, 2011 and 2010 issued and outstanding
|
(867,536 | ) | (707,875 | ) | ||||
General partner
|
(238,113 | ) | (236,500 | ) | ||||
(1,105,649 | ) | (944,375 | ) | |||||
$ | 428,205 | $ | 396,319 |
Series 31
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | 31,776 | $ | 42,364 | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
181,199 | 166,800 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
- | - | ||||||
Other assets
|
25,000 | 25,000 | ||||||
$ | 237,975 | $ | 234,164 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | - | $ | - | ||||
Accounts payable - affiliates
|
2,346,962 | 1,982,810 | ||||||
Capital contributions payable
|
66,294 | 66,294 | ||||||
2,413,256 | 2,049,104 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 4,417,857 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 4,417,857 at March 31, 2011 and 2010 issued and outstanding
|
(1,774,270 | ) | (1,417,532 | ) | ||||
General partner
|
(401,011 | ) | (397,408 | ) | ||||
(2,175,281 | ) | (1,814,940 | ) | |||||
$ | 237,975 | $ | 234,164 |
Series 32
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | 52,794 | $ | 698,752 | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
495,360 | 340,581 | ||||||
Notes receivable
|
46,908 | 46,908 | ||||||
Deferred acquisition costs, net of accumulated amortization
|
- | - | ||||||
Other assets
|
- | - | ||||||
$ | 595,062 | $ | 1,086,241 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | - | $ | - | ||||
Accounts payable - affiliates
|
2,411,011 | 2,521,238 | ||||||
Capital contributions payable
|
173,561 | 173,561 | ||||||
2,584,572 | 2,694,799 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 4,754,198 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 4,754,198 at March 31, 2011 and 2010 issued and outstanding
|
(1,563,253 | ) | (1,186,111 | ) | ||||
General partner
|
(426,257 | ) | (422,447 | ) | ||||
(1,989,510 | ) | (1,608,558 | ) | |||||
$ | 595,062 | $ | 1,086,241 |
Series 33
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | - | $ | 150,153 | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
240,231 | 184,115 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
- | - | ||||||
Other assets
|
- | - | ||||||
$ | 240,231 | $ | 334,268 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | 3,403 | $ | - | ||||
Accounts payable - affiliates
|
1,639,856 | 1,495,481 | ||||||
Capital contributions payable
|
69,154 | 69,154 | ||||||
1,712,413 | 1,564,635 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 2,636,533 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 2,636,533 at March 31, 2011 and 2010 issued and outstanding
|
(1,231,680 | ) | (992,283 | ) | ||||
General partner
|
(240,502 | ) | (238,084 | ) | ||||
(1,472,182 | ) | (1,230,367 | ) | |||||
$ | 240,231 | $ | 334,268 |
Series 34
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | - | $ | 452,150 | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
64,486 | 74,138 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
- | 224,375 | ||||||
Other assets
|
- | - | ||||||
$ | 64,486 | $ | 750,663 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | - | $ | - | ||||
Accounts payable - affiliates
|
3,022,850 | 2,712,281 | ||||||
Capital contributions payable
|
- | - | ||||||
3,022,850 | 2,712,281 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 3,529,319 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 3,529,319 at March 31, 2011 and 2010 issued and outstanding
|
(2,628,390 | ) | (1,641,611 | ) | ||||
General partner
|
(329,974 | ) | (320,007 | ) | ||||
(2,958,364 | ) | (1,961,618 | ) | |||||
$ | 64,486 | $ | 750,663 |
Series 35
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | 93,491 | $ | 2,576,041 | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
116,848 | 127,244 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
- | 216,861 | ||||||
Other assets
|
- | - | ||||||
$ | 210,339 | $ | 2,920,146 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | - | $ | - | ||||
Accounts payable - affiliates
|
1,613,702 | 1,385,342 | ||||||
Capital contributions payable
|
- | - | ||||||
1,613,702 | 1,385,342 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 3,300,463 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 3,300,463 at March 31, 2011 and 2010 issued and outstanding
|
(1,107,304 | ) | 1,801,481 | |||||
General partner
|
(296,059 | ) | (266,677 | ) | ||||
(1,403,363 | ) | 1,534,804 | ||||||
$ | 210,339 | $ | 2,920,146 |
Series 36
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | 57,706 | $ | 1,812,747 | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
133,266 | 142,855 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
- | - | ||||||
Other assets
|
- | - | ||||||
$ | 190,972 | $ | 1,955,602 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | - | $ | - | ||||
Accounts payable - affiliates
|
1,840,826 | 1,674,205 | ||||||
Capital contributions payable
|
- | - | ||||||
1,840,826 | 1,674,205 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 2,106,837 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 2,106,837 at March 31, 2011 and 2010 issued and outstanding
|
(1,454,692 | ) | 457,246 | |||||
General partner
|
(195,162 | ) | (175,849 | ) | ||||
(1,649,854 | ) | 281,397 | ||||||
$ | 190,972 | $ | 1,955,602 |
Series 37
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | 36,479 | $ | 1,400,181 | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
346,391 | 309,745 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
- | 354,744 | ||||||
Other assets
|
- | - | ||||||
$ | 382,870 | $ | 2,064,670 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | - | $ | - | ||||
Accounts payable - affiliates
|
1,632,555 | 1,427,691 | ||||||
Capital contributions payable
|
138,438 | 138,438 | ||||||
1,770,993 | 1,566,129 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 2,512,500 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 2,512,500 at March 31, 2011 and 2010 issued and outstanding
|
(1,158,678 | ) | 709,119 | |||||
General partner
|
(229,445 | ) | (210,578 | ) | ||||
(1,388,123 | ) | 498,541 | ||||||
$ | 382,870 | $ | 2,064,670 | |||||
Series 38
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | 999,523 | $ | 3,761,779 | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
235,617 | 209,324 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
- | 41,876 | ||||||
Other assets
|
- | - | ||||||
$ | 1,235,140 | $ | 4,012,979 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | - | $ | - | ||||
Accounts payable - affiliates
|
1,392,823 | 1,228,423 | ||||||
Capital contributions payable
|
- | - | ||||||
1,392,823 | 1,228,423 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 2,543,100 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 2,543,100 at March 31, 2011 and 2010 issued and outstanding
|
62,178 | 2,974,995 | ||||||
General partner
|
(219,861 | ) | (190,439 | ) | ||||
(157,683 | ) | 2,784,556 | ||||||
$ | 1,235,140 | $ | 4,012,979 |
Series 39
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | 1,378,166 | $ | 3,970,104 | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
187,805 | 183,296 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
- | 33,348 | ||||||
Other assets
|
- | - | ||||||
$ | 1,565,971 | $ | 4,186,748 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | - | $ | - | ||||
Accounts payable - affiliates
|
1,187,499 | 1,050,699 | ||||||
Capital contributions payable
|
- | - | ||||||
1,187,499 | 1,050,699 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 2,292,152 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 2,292,152 at March 31, 2011 and 2010 issued and outstanding
|
571,129 | 3,301,130 | ||||||
General partner
|
(192,657 | ) | (165,081 | ) | ||||
378,472 | 3,136,049 | |||||||
$ | 1,565,971 | $ | 4,186,748 |
Series 40
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | 2,491,075 | $ | 4,858,175 | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
109,745 | 120,514 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
- | 159,105 | ||||||
Other assets
|
- | - | ||||||
$ | 2,600,820 | $ | 5,137,794 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | - | $ | - | ||||
Accounts payable - affiliates
|
2,206,199 | 1,994,200 | ||||||
Capital contributions payable
|
102 | 102 | ||||||
2,206,301 | 1,994,302 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 2,630,256 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 2,630,256 at March 31, 2011 and 2010 issued and outstanding
|
615,517 | 3,337,000 | ||||||
General partner
|
(220,998 | ) | (193,508 | ) | ||||
394,519 | 3,143,492 | |||||||
$ | 2,600,820 | $ | 5,137,794 |
Series 41
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | 2,811,584 | $ | 4,593,671 | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
215,834 | 78,660 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
458,451 | 890,050 | ||||||
Other assets
|
1,218 | 2,052 | ||||||
$ | 3,487,087 | $ | 5,564,433 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | 8,924 | $ | - | ||||
Accounts payable - affiliates
|
2,418,072 | 2,478,543 | ||||||
Capital contributions payable
|
100 | 100 | ||||||
2,427,096 | 2,478,643 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 2,891,626 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 2,891,626 at March 31, 2011 and 2010 issued and outstanding
|
1,298,560 | 3,304,101 | ||||||
General partner
|
(238,569 | ) | (218,311 | ) | ||||
1,059,991 | 3,085,790 | |||||||
$ | 3,487,087 | $ | 5,564,433 |
Series 42
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | 3,740,801 | $ | 5,635,060 | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
311,423 | 348,800 | ||||||
Notes receivable
|
22,790 | 292,933 | ||||||
Deferred acquisition costs, net of accumulated amortization
|
430,304 | 695,692 | ||||||
Other assets
|
51,003 | 51,003 | ||||||
$ | 4,556,321 | $ | 7,023,488 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | - | $ | - | ||||
Accounts payable - affiliates
|
1,523,753 | 1,273,973 | ||||||
Capital contributions payable
|
73,433 | 452,937 | ||||||
1,597,186 | 1,726,910 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 2,744,262 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 2,744,262 at March 31, 2011 and 2010 issued and outstanding
|
3,170,482 | 5,484,551 | ||||||
General partner
|
(211,347 | ) | (187,973 | ) | ||||
2,959,135 | 5,296,578 | |||||||
$ | 4,556,321 | $ | 7,023,488 |
Series 43
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | 6,613,148 | $ | 9,259,429 | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
234,982 | 256,265 | ||||||
Notes receivable
|
- | 186,626 | ||||||
Deferred acquisition costs, net of accumulated amortization
|
593,492 | 1,608,977 | ||||||
Other assets
|
85,341 | 85,289 | ||||||
$ | 7,526,963 | $ | 11,396,586 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | - | $ | - | ||||
Accounts payable - affiliates
|
1,704,370 | 1,397,590 | ||||||
Capital contributions payable
|
121,112 | 307,738 | ||||||
1,825,482 | 1,705,328 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 3,637,987 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 3,637,987 at March 31, 2011 and 2010 issued and outstanding
|
5,965,988 | 9,915,867 | ||||||
General partner
|
(264,507 | ) | (224,609 | ) | ||||
5,701,481 | 9,691,258 | |||||||
$ | 7,526,963 | $ | 11,396,586 |
Series 44
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | 5,205,103 | $ | 7,784,498 | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
395,938 | 590,586 | ||||||
Notes receivable
|
- | 196,604 | ||||||
Deferred acquisition costs, net of accumulated amortization
|
1,696,790 | 1,979,590 | ||||||
Other assets
|
- | - | ||||||
$ | 7,297,831 | $ | 10,551,278 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | - | $ | - | ||||
Accounts payable - affiliates
|
808,505 | 523,804 | ||||||
Capital contributions payable
|
254,640 | 590,561 | ||||||
1,063,145 | 1,114,365 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 2,701,193 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 2,701,193 at March 31, 2011 and 2010 issued and outstanding
|
6,409,788 | 9,579,993 | ||||||
General partner
|
(175,102 | ) | (143,080 | ) | ||||
6,234,686 | 9,436,913 | |||||||
$ | 7,297,831 | $ | 10,551,278 |
Series 45
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | 12,086,770 | $ | 15,742,704 | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
425,893 | 537,189 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
1,638,551 | 1,911,643 | ||||||
Other assets
|
- | - | ||||||
$ | 14,151,214 | $ | 18,191,536 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | - | $ | - | ||||
Accounts payable - affiliates
|
633,993 | 367,429 | ||||||
Capital contributions payable
|
16,724 | 16,724 | ||||||
650,717 | 384,153 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 4,014,367 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 4,014,367 at March 31, 2011 and 2010 issued and outstanding
|
13,719,154 | 17,982,971 | ||||||
General partner
|
(218,657 | ) | (175,588 | ) | ||||
13,500,497 | 17,807,383 | |||||||
$ | 14,151,214 | $ | 18,191,536 |
Series 46
|
||||||||
2011
|
2010
|
|||||||
ASSETS
|
||||||||
INVESTMENTS IN OPERATING LIMITED PARTNERSHIPS
|
$ | 11,632,800 | $ | 14,415,932 | ||||
OTHER ASSETS
|
||||||||
Cash and cash equivalents
|
291,568 | 267,639 | ||||||
Notes receivable
|
- | - | ||||||
Deferred acquisition costs, net of accumulated amortization
|
190,832 | 300,282 | ||||||
Other assets
|
- | - | ||||||
$ | 12,115,200 | $ | 14,983,853 | |||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
LIABILITIES
|
||||||||
Accounts payable and accrued expenses
|
$ | - | $ | - | ||||
Accounts payable - affiliates
|
528,247 | 278,719 | ||||||
Capital contributions payable
|
- | 20,138 | ||||||
528,247 | 298,857 | |||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||
Assignor limited partner
|
||||||||
Units of limited partnership interest consisting of 101,500,000 authorized beneficial assignee certificates (BACs), $10 stated value per BAC, 2,980,998 issued to the assignees at March 31, 2011 and 2010
|
- | - | ||||||
Limited partners
|
||||||||
Units of beneficial interest of the limited partnership interest of the assignor limited partner, 2,980,998 at March 31, 2011 and 2010 issued and outstanding
|
11,733,826 | 14,800,889 | ||||||
General partner
|
(146,873 | ) | (115,893 | ) | ||||
11,586,953 | 14,684,996 | |||||||
$ | 12,115,200 | $ | 14,983,853 |
Total
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 137,688 | $ | 31,866 | ||||
Miscellaneous
|
607,819 | 523,613 | ||||||
745,507 | 555,479 | |||||||
Share of income (losses) from operating limited partnerships
|
(3,954,019 | ) | (12,195,721 | ) | ||||
Expenses and loss
|
||||||||
Fund management fee
|
5,297,336 | 5,572,190 | ||||||
Amortization
|
1,786,355 | 2,460,106 | ||||||
General and administrative expenses
|
576,759 | 707,116 | ||||||
Professional fees
|
711,340 | 718,814 | ||||||
Impairment loss
|
23,038,128 | 27,675,675 | ||||||
31,409,918 | 37,133,901 | |||||||
NET INCOME (LOSS)
|
$ | (34,618,430 | ) | $ | (48,774,143 | ) | ||
Net income (loss) allocated to general partner
|
$ | (346,184 | ) | $ | (487,741 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (34,272,246 | ) | $ | (48,286,402 | ) | ||
Net income (loss) per BAC
|
$ | (0.41 | ) | $ | (0.58 | ) |
Series 20
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 3,664 | $ | 2,221 | ||||
Miscellaneous
|
82,647 | 76,958 | ||||||
86,311 | 79,179 | |||||||
Share of income (losses) from operating limited partnerships
|
921,489 | (29,623 | ) | |||||
Expenses and loss
|
||||||||
Fund management fee
|
164,780 | 261,521 | ||||||
Amortization
|
- | - | ||||||
General and administrative expenses
|
23,592 | 27,341 | ||||||
Professional fees
|
37,188 | 39,783 | ||||||
Impairment loss
|
- | - | ||||||
225,560 | 328,645 | |||||||
NET INCOME (LOSS)
|
$ | 782,240 | $ | (279,089 | ) | |||
Net income (loss) allocated to general partner
|
$ | 7,822 | $ | (2,791 | ) | |||
Net income (loss) allocated to limited partners
|
$ | 774,418 | $ | (276,298 | ) | |||
Net income (loss) per BAC
|
$ | 0.20 | $ | (0.07 | ) |
Series 21
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 1,051 | $ | 269 | ||||
Miscellaneous
|
1,538 | 5,056 | ||||||
2,589 | 5,325 | |||||||
Share of income (losses) from operating limited partnerships
|
25,729 | 634,441 | ||||||
Expenses and loss
|
||||||||
Fund management fee
|
(3,588 | ) | 76,287 | |||||
Amortization
|
- | - | ||||||
General and administrative expenses
|
16,262 | 17,063 | ||||||
Professional fees
|
25,936 | 18,157 | ||||||
Impairment loss
|
- | - | ||||||
38,610 | 111,507 | |||||||
NET INCOME (LOSS)
|
$ | (10,292 | ) | $ | 528,259 | |||
Net income (loss) allocated to general partner
|
$ | (103 | ) | $ | 5,283 | |||
Net income (loss) allocated to limited partners
|
$ | (10,189 | ) | $ | 522,976 | |||
Net income (loss) per BAC
|
$ | (0.01 | ) | $ | 0.28 |
Series 22
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 357 | $ | 82 | ||||
Miscellaneous
|
15,840 | 13,614 | ||||||
16,197 | 13,696 | |||||||
Share of income (losses) from operating limited partnerships
|
754,900 | 60,867 | ||||||
Expenses and loss
|
||||||||
Fund management fee
|
182,982 | 231,667 | ||||||
Amortization
|
- | - | ||||||
General and administrative expenses
|
19,193 | 22,504 | ||||||
Professional fees
|
27,686 | 29,070 | ||||||
Impairment loss
|
- | - | ||||||
229,861 | 283,241 | |||||||
NET INCOME (LOSS)
|
$ | 541,236 | $ | (208,678 | ) | |||
Net income (loss) allocated to general partner
|
$ | 5,412 | $ | (2,087 | ) | |||
Net income (loss) allocated to limited partners
|
$ | 535,824 | $ | (206,591 | ) | |||
Net income (loss) per BAC
|
$ | 0.21 | $ | (0.08 | ) |
Series 23
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 697 | $ | 160 | ||||
Miscellaneous
|
114,766 | 801 | ||||||
115,463 | 961 | |||||||
Share of income (losses) from operating limited partnerships
|
688,724 | 38,225 | ||||||
Expenses and loss
|
||||||||
Fund management fee
|
141,628 | 209,275 | ||||||
Amortization
|
- | - | ||||||
General and administrative expenses
|
25,904 | 25,079 | ||||||
Professional fees
|
26,264 | 23,828 | ||||||
Impairment loss
|
- | - | ||||||
193,796 | 258,182 | |||||||
NET INCOME (LOSS)
|
$ | 610,391 | $ | (218,996 | ) | |||
Net income (loss) allocated to general partner
|
$ | 6,104 | $ | (2,190 | ) | |||
Net income (loss) allocated to limited partners
|
$ | 604,287 | $ | (216,806 | ) | |||
Net income (loss) per BAC
|
$ | 0.18 | $ | (0.06 | ) |
Series 24
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 1,467 | $ | 138 | ||||
Miscellaneous
|
88,954 | 62,132 | ||||||
90,421 | 62,270 | |||||||
Share of income (losses) from operating limited partnerships
|
- | 107,945 | ||||||
Expenses and loss
|
||||||||
Fund management fee
|
162,294 | 130,818 | ||||||
Amortization
|
- | - | ||||||
General and administrative expenses
|
18,356 | 19,347 | ||||||
Professional fees
|
27,085 | 31,452 | ||||||
Impairment loss
|
- | - | ||||||
207,735 | 181,617 | |||||||
NET INCOME (LOSS)
|
$ | (117,314 | ) | $ | (11,402 | ) | ||
Net income (loss) allocated to general partner
|
$ | (1,173 | ) | $ | (114 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (116,141 | ) | $ | (11,288 | ) | ||
Net income (loss) per BAC
|
$ | (0.05 | ) | $ | (0.01 | ) |
Series 25
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 3,185 | $ | 2,935 | ||||
Miscellaneous
|
170,778 | 121,979 | ||||||
173,963 | 124,914 | |||||||
Share of income (losses) from operating limited partnerships
|
469,513 | 68,662 | ||||||
Expenses and loss
|
||||||||
Fund management fee
|
158,216 | 156,684 | ||||||
Amortization
|
- | 11,423 | ||||||
General and administrative expenses
|
20,742 | 22,562 | ||||||
Professional fees
|
24,441 | 27,870 | ||||||
Impairment loss
|
- | 62,147 | ||||||
203,399 | 280,686 | |||||||
NET INCOME (LOSS)
|
$ | 440,077 | $ | (87,110 | ) | |||
Net income (loss) allocated to general partner
|
$ | 4,401 | $ | (871 | ) | |||
Net income (loss) allocated to limited partners
|
$ | 435,676 | $ | (86,239 | ) | |||
Net income (loss) per BAC
|
$ | 0.14 | $ | (0.03 | ) |
Series 26
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 1,217 | $ | 827 | ||||
Miscellaneous
|
26,680 | 62,389 | ||||||
27,897 | 63,216 | |||||||
Share of income (losses) from operating limited partnerships
|
1,451,966 | (724,045 | ) | |||||
Expenses and loss
|
||||||||
Fund management fee
|
274,363 | 298,631 | ||||||
Amortization
|
- | 34,324 | ||||||
General and administrative expenses
|
25,779 | 29,560 | ||||||
Professional fees
|
38,952 | 43,503 | ||||||
Impairment loss
|
- | 606,124 | ||||||
339,094 | 1,012,142 | |||||||
NET INCOME (LOSS)
|
$ | 1,140,769 | $ | (1,672,971 | ) | |||
Net income (loss) allocated to general partner
|
$ | 11,408 | $ | (16,730 | ) | |||
Net income (loss) allocated to limited partners
|
$ | 1,129,361 | $ | (1,656,241 | ) | |||
Net income (loss) per BAC
|
$ | 0.28 | $ | (0.41 | ) |
Series 27
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 1,478 | $ | 126 | ||||
Miscellaneous
|
11,791 | 8,522 | ||||||
13,269 | 8,648 | |||||||
Share of income (losses) from operating limited partnerships
|
(676,060 | ) | (80,272 | ) | ||||
Expenses and loss
|
||||||||
Fund management fee
|
242,040 | 175,634 | ||||||
Amortization
|
68,492 | 68,492 | ||||||
General and administrative expenses
|
16,798 | 60,255 | ||||||
Professional fees
|
21,215 | 22,159 | ||||||
Impairment loss
|
24,309 | 153,410 | ||||||
372,854 | 479,950 | |||||||
NET INCOME (LOSS)
|
$ | (1,035,645 | ) | $ | (551,574 | ) | ||
Net income (loss) allocated to general partner
|
$ | (10,356 | ) | $ | (5,516 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (1,025,289 | ) | $ | (546,058 | ) | ||
Net income (loss) per BAC
|
$ | (0.42 | ) | $ | (0.22 | ) |
Series 28
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 3,842 | $ | 2,262 | ||||
Miscellaneous
|
28,868 | 28,200 | ||||||
32,710 | 30,462 | |||||||
Share of income (losses) from operating limited partnerships
|
- | (455,332 | ) | |||||
Expenses and loss
|
||||||||
Fund management fee
|
269,189 | 257,632 | ||||||
Amortization
|
- | - | ||||||
General and administrative expenses
|
23,318 | 27,715 | ||||||
Professional fees
|
27,112 | 29,923 | ||||||
Impairment loss
|
- | 183,235 | ||||||
319,619 | 498,505 | |||||||
NET INCOME (LOSS)
|
$ | (286,909 | ) | $ | (923,375 | ) | ||
Net income (loss) allocated to general partner
|
$ | (2,869 | ) | $ | (9,234 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (284,040 | ) | $ | (914,141 | ) | ||
Net income (loss) per BAC
|
$ | (0.07 | ) | $ | (0.23 | ) |
Series 29
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 1,709 | $ | 179 | ||||
Miscellaneous
|
12,038 | 24,975 | ||||||
13,747 | 25,154 | |||||||
Share of income (losses) from operating limited partnerships
|
(24,395 | ) | (204,007 | ) | ||||
Expenses and loss
|
||||||||
Fund management fee
|
283,476 | 224,592 | ||||||
Amortization
|
28,950 | 28,948 | ||||||
General and administrative expenses
|
23,550 | 28,417 | ||||||
Professional fees
|
30,185 | 35,829 | ||||||
Impairment loss
|
- | 380,451 | ||||||
366,161 | 698,237 | |||||||
NET INCOME (LOSS)
|
$ | (376,809 | ) | $ | (877,090 | ) | ||
Net income (loss) allocated to general partner
|
$ | (3,768 | ) | $ | (8,771 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (373,041 | ) | $ | (868,319 | ) | ||
Net income (loss) per BAC
|
$ | (0.09 | ) | $ | (0.22 | ) |
Series 30
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 3,780 | $ | 3,798 | ||||
Miscellaneous
|
2,535 | 555 | ||||||
6,315 | 4,353 | |||||||
Share of income (losses) from operating limited partnerships
|
83,888 | (566,987 | ) | |||||
Expenses and loss
|
||||||||
Fund management fee
|
167,720 | 157,242 | ||||||
Amortization
|
26,275 | 104,340 | ||||||
General and administrative expenses
|
18,424 | 21,671 | ||||||
Professional fees
|
23,469 | 25,077 | ||||||
Impairment loss
|
15,589 | 615,661 | ||||||
251,477 | 923,991 | |||||||
NET INCOME (LOSS)
|
$ | (161,274 | ) | $ | (1,486,625 | ) | ||
Net income (loss) allocated to general partner
|
$ | (1,613 | ) | $ | (14,866 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (159,661 | ) | $ | (1,471,759 | ) | ||
Net income (loss) per BAC
|
$ | (0.06 | ) | $ | (0.56 | ) |
Series 31
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 2,172 | $ | 1,939 | ||||
Miscellaneous
|
2,107 | 5,925 | ||||||
4,279 | 7,864 | |||||||
Share of income (losses) from operating limited partnerships
|
156,023 | 197,045 | ||||||
Expenses and loss
|
||||||||
Fund management fee
|
301,200 | 325,984 | ||||||
Amortization
|
- | - | ||||||
General and administrative expenses
|
23,490 | 29,807 | ||||||
Professional fees
|
29,342 | 37,669 | ||||||
Impairment loss
|
166,611 | 796,383 | ||||||
520,643 | 1,189,843 | |||||||
NET INCOME (LOSS)
|
$ | (360,341 | ) | $ | (984,934 | ) | ||
Net income (loss) allocated to general partner
|
$ | (3,603 | ) | $ | (9,849 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (356,738 | ) | $ | (975,085 | ) | ||
Net income (loss) per BAC
|
$ | (0.08 | ) | $ | (0.22 | ) |
Series 32
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 3,923 | $ | 3,037 | ||||
Miscellaneous
|
6,262 | 38,436 | ||||||
10,185 | 41,473 | |||||||
Share of income (losses) from operating limited partnerships
|
186,600 | (903,427 | ) | |||||
Expenses and loss
|
||||||||
Fund management fee
|
253,986 | 200,086 | ||||||
Amortization
|
- | 131,056 | ||||||
General and administrative expenses
|
23,608 | 28,859 | ||||||
Professional fees
|
27,583 | 25,113 | ||||||
Impairment loss
|
272,560 | 1,688,725 | ||||||
577,737 | 2,073,839 | |||||||
NET INCOME (LOSS)
|
$ | (380,952 | ) | $ | (2,935,793 | ) | ||
Net income (loss) allocated to general partner
|
$ | (3,810 | ) | $ | (29,358 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (377,142 | ) | $ | (2,906,435 | ) | ||
Net income (loss) per BAC
|
$ | (0.08 | ) | $ | (0.61 | ) |
Series 33
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 1,521 | $ | 940 | ||||
Miscellaneous
|
4,452 | 581 | ||||||
5,973 | 1,521 | |||||||
Share of income (losses) from operating limited partnerships
|
(52,927 | ) | (387,789 | ) | ||||
Expenses and loss
|
||||||||
Fund management fee
|
117,876 | 139,550 | ||||||
Amortization
|
- | 11,980 | ||||||
General and administrative expenses
|
19,102 | 20,406 | ||||||
Professional fees
|
20,657 | 18,239 | ||||||
Impairment loss
|
37,226 | 1,267,778 | ||||||
194,861 | 1,457,953 | |||||||
NET INCOME (LOSS)
|
$ | (241,815 | ) | $ | (1,844,221 | ) | ||
Net income (loss) allocated to general partner
|
$ | (2,418 | ) | $ | (18,442 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (239,397 | ) | $ | (1,825,779 | ) | ||
Net income (loss) per BAC
|
$ | (0.09 | ) | $ | (0.69 | ) |
Series 34
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 182 | $ | 42 | ||||
Miscellaneous
|
1,539 | 5,505 | ||||||
1,721 | 5,547 | |||||||
Share of income (losses) from operating limited partnerships
|
(227,070 | ) | (610,451 | ) | ||||
Expenses and loss
|
||||||||
Fund management fee
|
279,042 | 270,742 | ||||||
Amortization
|
224,375 | 384,440 | ||||||
General and administrative expenses
|
21,853 | 24,097 | ||||||
Professional fees
|
21,047 | 22,003 | ||||||
Impairment loss
|
225,080 | 1,042,951 | ||||||
771,397 | 1,744,233 | |||||||
NET INCOME (LOSS)
|
$ | (996,746 | ) | $ | (2,349,137 | ) | ||
Net income (loss) allocated to general partner
|
$ | (9,967 | ) | $ | (23,491 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (986,779 | ) | $ | (2,325,646 | ) | ||
Net income (loss) per BAC
|
$ | (0.28 | ) | $ | (0.66 | ) |
Series 35
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 831 | $ | 191 | ||||
Miscellaneous
|
4,094 | - | ||||||
4,925 | 191 | |||||||
Share of income (losses) from operating limited partnerships
|
(609,403 | ) | (815,231 | ) | ||||
Expenses and loss
|
||||||||
Fund management fee
|
203,016 | 192,057 | ||||||
Amortization
|
72,288 | 72,288 | ||||||
General and administrative expenses
|
21,224 | 23,465 | ||||||
Professional fees
|
19,441 | 19,567 | ||||||
Impairment loss
|
2,017,720 | 2,237,536 | ||||||
2,333,689 | 2,544,913 | |||||||
NET INCOME (LOSS)
|
$ | (2,938,167 | ) | $ | (3,359,953 | ) | ||
Net income (loss) allocated to general partner
|
$ | (29,382 | ) | $ | (33,600 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (2,908,785 | ) | $ | (3,326,353 | ) | ||
Net income (loss) per BAC
|
$ | (0.88 | ) | $ | (1.01 | ) |
Series 36
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 673 | $ | 155 | ||||
Miscellaneous
|
- | 1,550 | ||||||
673 | 1,705 | |||||||
Share of income (losses) from operating limited partnerships
|
(336,138 | ) | (492,791 | ) | ||||
Expenses and loss
|
||||||||
Fund management fee
|
153,365 | 135,349 | ||||||
Amortization
|
- | 29,840 | ||||||
General and administrative expenses
|
17,888 | 18,664 | ||||||
Professional fees
|
19,270 | 18,998 | ||||||
Impairment loss
|
1,405,263 | 1,548,176 | ||||||
1,595,786 | 1,751,027 | |||||||
NET INCOME (LOSS)
|
$ | (1,931,251 | ) | $ | (2,242,113 | ) | ||
Net income (loss) allocated to general partner
|
$ | (19,313 | ) | $ | (22,421 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (1,911,938 | ) | $ | (2,219,692 | ) | ||
Net income (loss) per BAC
|
$ | (0.91 | ) | $ | (1.05 | ) |
Series 37
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 3,602 | $ | 3,025 | ||||
Miscellaneous
|
- | - | ||||||
3,602 | 3,025 | |||||||
Share of income (losses) from operating limited partnerships
|
(228,964 | ) | (599,344 | ) | ||||
Expenses and loss
|
||||||||
Fund management fee
|
184,364 | 178,046 | ||||||
Amortization
|
118,248 | 118,248 | ||||||
General and administrative expenses
|
18,635 | 22,634 | ||||||
Professional fees
|
15,990 | 15,958 | ||||||
Impairment loss
|
1,324,065 | 1,849,293 | ||||||
1,661,302 | 2,184,179 | |||||||
NET INCOME (LOSS)
|
$ | (1,886,664 | ) | $ | (2,780,498 | ) | ||
Net income (loss) allocated to general partner
|
$ | (18,867 | ) | $ | (27,805 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (1,867,797 | ) | $ | (2,752,693 | ) | ||
Net income (loss) per BAC
|
$ | (0.74 | ) | $ | (1.10 | ) |
Series 38
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 940 | $ | 558 | ||||
Miscellaneous
|
- | - | ||||||
940 | 558 | |||||||
Share of income (losses) from operating limited partnerships
|
(564,465 | ) | (658,134 | ) | ||||
Expenses and loss
|
||||||||
Fund management fee
|
145,865 | 123,264 | ||||||
Amortization
|
13,960 | 26,220 | ||||||
General and administrative expenses
|
19,375 | 23,535 | ||||||
Professional fees
|
18,966 | 18,514 | ||||||
Impairment loss
|
2,180,548 | 1,863,888 | ||||||
2,378,714 | 2,055,421 | |||||||
NET INCOME (LOSS)
|
$ | (2,942,239 | ) | $ | (2,712,997 | ) | ||
Net income (loss) allocated to general partner
|
$ | (29,422 | ) | $ | (27,130 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (2,912,817 | ) | $ | (2,685,867 | ) | ||
Net income (loss) per BAC
|
$ | (1.15 | ) | $ | (1.06 | ) |
Series 39
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 2,845 | $ | 769 | ||||
Miscellaneous
|
- | - | ||||||
2,845 | 769 | |||||||
Share of income (losses) from operating limited partnerships
|
(890,369 | ) | (779,953 | ) | ||||
Expenses and loss
|
||||||||
Fund management fee
|
111,465 | 119,665 | ||||||
Amortization
|
11,116 | 22,072 | ||||||
General and administrative expenses
|
18,112 | 21,875 | ||||||
Professional fees
|
18,313 | 17,607 | ||||||
Impairment loss
|
1,711,047 | 1,331,559 | ||||||
1,870,053 | 1,512,778 | |||||||
NET INCOME (LOSS)
|
$ | (2,757,577 | ) | $ | (2,291,962 | ) | ||
Net income (loss) allocated to general partner
|
$ | (27,576 | ) | $ | (22,920 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (2,730,001 | ) | $ | (2,269,042 | ) | ||
Net income (loss) per BAC
|
$ | (1.19 | ) | $ | (0.99 | ) |
Series 40
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 649 | $ | 150 | ||||
Miscellaneous
|
- | 36,733 | ||||||
649 | 36,883 | |||||||
Share of income (losses) from operating limited partnerships
|
(601,594 | ) | (900,724 | ) | ||||
Expenses and loss
|
||||||||
Fund management fee
|
179,279 | 180,246 | ||||||
Amortization
|
53,036 | 53,036 | ||||||
General and administrative expenses
|
20,102 | 24,037 | ||||||
Professional fees
|
24,711 | 23,396 | ||||||
Impairment loss
|
1,870,900 | 1,565,033 | ||||||
2,148,028 | 1,845,748 | |||||||
NET INCOME (LOSS)
|
$ | (2,748,973 | ) | $ | (2,709,589 | ) | ||
Net income (loss) allocated to general partner
|
$ | (27,490 | ) | $ | (27,096 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (2,721,483 | ) | $ | (2,682,493 | ) | ||
Net income (loss) per BAC
|
$ | (1.03 | ) | $ | (1.02 | ) |
Series 41
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 1,435 | $ | 116 | ||||
Miscellaneous
|
32,502 | 29,378 | ||||||
33,937 | 29,494 | |||||||
Share of income (losses) from operating limited partnerships
|
(302,783 | ) | (553,631 | ) | ||||
Expenses and loss
|
||||||||
Fund management fee
|
184,032 | 207,772 | ||||||
Amortization
|
222,512 | 282,764 | ||||||
General and administrative expenses
|
22,718 | 27,285 | ||||||
Professional fees
|
27,285 | 27,903 | ||||||
Impairment loss
|
1,300,406 | 1,370,664 | ||||||
1,756,953 | 1,916,388 | |||||||
NET INCOME (LOSS)
|
$ | (2,025,799 | ) | $ | (2,440,525 | ) | ||
Net income (loss) allocated to general partner
|
$ | (20,258 | ) | $ | (24,405 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (2,005,541 | ) | $ | (2,416,120 | ) | ||
Net income (loss) per BAC
|
$ | (0.69 | ) | $ | (0.84 | ) |
Series 42
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 7,667 | $ | 1,159 | ||||
Miscellaneous
|
218 | 324 | ||||||
7,885 | 1,483 | |||||||
Share of income (losses) from operating limited partnerships
|
(347,607 | ) | (342,003 | ) | ||||
Expenses and loss
|
||||||||
Fund management fee
|
130,906 | 225,604 | ||||||
Amortization
|
99,384 | 128,732 | ||||||
General and administrative expenses
|
23,194 | 27,461 | ||||||
Professional fees
|
32,586 | 28,766 | ||||||
Impairment loss
|
1,711,651 | 1,688,303 | ||||||
1,997,721 | 2,098,866 | |||||||
NET INCOME (LOSS)
|
$ | (2,337,443 | ) | $ | (2,439,386 | ) | ||
Net income (loss) allocated to general partner
|
$ | (23,374 | ) | $ | (24,394 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (2,314,069 | ) | $ | (2,414,992 | ) | ||
Net income (loss) per BAC
|
$ | (0.84 | ) | $ | (0.88 | ) |
Series 43
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 1,966 | $ | 1,010 | ||||
Miscellaneous
|
25 | - | ||||||
1,991 | 1,010 | |||||||
Share of income (losses) from operating limited partnerships
|
(503,263 | ) | (514,076 | ) | ||||
Expenses and loss
|
||||||||
Fund management fee
|
187,208 | 289,686 | ||||||
Amortization
|
247,749 | 289,737 | ||||||
General and administrative expenses
|
24,829 | 29,698 | ||||||
Professional fees
|
35,621 | 31,628 | ||||||
Impairment loss
|
2,993,098 | 2,024,801 | ||||||
3,488,505 | 2,665,550 | |||||||
NET INCOME (LOSS)
|
$ | (3,989,777 | ) | $ | (3,178,616 | ) | ||
Net income (loss) allocated to general partner
|
$ | (39,898 | ) | $ | (31,786 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (3,949,879 | ) | $ | (3,146,830 | ) | ||
Net income (loss) per BAC
|
$ | (1.09 | ) | $ | (0.86 | ) |
Series 44
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 78,270 | $ | 2,434 | ||||
Miscellaneous
|
25 | - | ||||||
78,295 | 2,434 | |||||||
Share of income (losses) from operating limited partnerships
|
(1,281,159 | ) | (1,444,199 | ) | ||||
Expenses and loss
|
||||||||
Fund management fee
|
267,673 | 248,351 | ||||||
Amortization
|
283,982 | 294,134 | ||||||
General and administrative expenses
|
20,415 | 24,809 | ||||||
Professional fees
|
31,133 | 19,351 | ||||||
Impairment loss
|
1,396,160 | 1,198,091 | ||||||
1,999,363 | 1,784,736 | |||||||
NET INCOME (LOSS)
|
$ | (3,202,227 | ) | $ | (3,226,501 | ) | ||
Net income (loss) allocated to general partner
|
$ | (32,022 | ) | $ | (32,265 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (3,170,205 | ) | $ | (3,194,236 | ) | ||
Net income (loss) per BAC
|
$ | (1.17 | ) | $ | (1.18 | ) |
Series 45
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 4,018 | $ | 1,889 | ||||
Miscellaneous
|
25 | - | ||||||
4,043 | 1,889 | |||||||
Share of income (losses) from operating limited partnerships
|
(1,187,195 | ) | (1,379,202 | ) | ||||
Expenses and loss
|
||||||||
Fund management fee
|
341,411 | 328,620 | ||||||
Amortization
|
273,092 | 288,104 | ||||||
General and administrative expenses
|
27,606 | 32,502 | ||||||
Professional fees
|
35,839 | 42,276 | ||||||
Impairment loss
|
2,445,786 | 2,117,133 | ||||||
3,123,734 | 2,808,635 | |||||||
NET INCOME (LOSS)
|
$ | (4,306,886 | ) | $ | (4,185,948 | ) | ||
Net income (loss) allocated to general partner
|
$ | (43,069 | ) | $ | (41,859 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (4,263,817 | ) | $ | (4,144,089 | ) | ||
Net income (loss) per BAC
|
$ | (1.06 | ) | $ | (1.03 | ) |
Series 46
|
||||||||
2011
|
2010
|
|||||||
Income
|
||||||||
Interest income
|
$ | 4,547 | $ | 1,455 | ||||
Miscellaneous
|
135 | - | ||||||
4,682 | 1,455 | |||||||
Share of income (losses) from operating limited partnerships
|
(859,459 | ) | (861,685 | ) | ||||
Expenses and loss
|
||||||||
Fund management fee
|
213,548 | 227,185 | ||||||
Amortization
|
42,896 | 79,928 | ||||||
General and administrative expenses
|
22,690 | 26,468 | ||||||
Professional fees
|
24,023 | 25,175 | ||||||
Impairment loss
|
1,940,109 | 2,084,333 | ||||||
2,243,266 | 2,443,089 | |||||||
NET INCOME (LOSS)
|
$ | (3,098,043 | ) | $ | (3,303,319 | ) | ||
Net income (loss) allocated to general partner
|
$ | (30,980 | ) | $ | (33,033 | ) | ||
Net income (loss) allocated to limited partners
|
$ | (3,067,063 | ) | $ | (3,270,286 | ) | ||
Net income (loss) per BAC
|
$ | (1.03 | ) | $ | (1.10 | ) |
Total
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | 97,352,756 | $ | (6,255,246 | ) | $ | 91,097,510 | |||||
Net income (loss)
|
(48,286,402 | ) | (487,741 | ) | (48,774,143 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
49,066,354 | (6,742,987 | ) | 42,323,367 | ||||||||
Net income (loss)
|
(34,272,246 | ) | (346,184 | ) | (34,618,430 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | 14,794,108 | $ | (7,089,171 | ) | $ | 7,704,937 |
Series 20
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | (2,632,703 | ) | $ | (337,958 | ) | $ | (2,970,661 | ) | |||
Net income (loss)
|
(276,298 | ) | (2,791 | ) | (279,089 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
(2,909,001 | ) | (340,749 | ) | (3,249,750 | ) | ||||||
Net income (loss)
|
774,418 | 7,822 | 782,240 | |||||||||
Partners’ capital (deficit), March 31, 2011
|
$ | (2,134,583 | ) | $ | (332,927 | ) | $ | (2,467,510 | ) |
Series 21
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | (1,592,512 | ) | $ | (179,673 | ) | $ | (1,772,185 | ) | |||
Net income (loss)
|
522,976 | 5,283 | 528,259 | |||||||||
Partners’ capital (deficit), March 31, 2010
|
(1,069,536 | ) | (174,390 | ) | (1,243,926 | ) | ||||||
Net income (loss)
|
(10,189 | ) | (103 | ) | (10,292 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | (1,079,725 | ) | $ | (174,493 | ) | $ | (1,254,218 | ) |
Series 22
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | (2,761,964 | ) | $ | (249,194 | ) | $ | (3,011,158 | ) | |||
Net income (loss)
|
(206,591 | ) | (2,087 | ) | (208,678 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
(2,968,555 | ) | (251,281 | ) | (3,219,836 | ) | ||||||
Net income (loss)
|
535,824 | 5,412 | 541,236 | |||||||||
Partners’ capital (deficit), March 31, 2011
|
$ | (2,432,731 | ) | $ | (245,869 | ) | $ | (2,678,600 | ) |
Series 23
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | (2,218,498 | ) | $ | (310,133 | ) | $ | (2,528,631 | ) | |||
Net income (loss)
|
(216,806 | ) | (2,190 | ) | (218,996 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
(2,435,304 | ) | (312,323 | ) | (2,747,627 | ) | ||||||
Net income (loss)
|
604,287 | 6,104 | 610,391 | |||||||||
Partners’ capital (deficit), March 31, 2011
|
$ | (1,831,017 | ) | $ | (306,219 | ) | $ | (2,137,236 | ) |
Series 24
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | (2,090,958 | ) | $ | (208,290 | ) | $ | (2,299,248 | ) | |||
Net income (loss)
|
(11,288 | ) | (114 | ) | (11,402 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
(2,102,246 | ) | (208,404 | ) | (2,310,650 | ) | ||||||
Net income (loss)
|
(116,141 | ) | (1,173 | ) | (117,314 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | (2,218,387 | ) | $ | (209,577 | ) | $ | (2,427,964 | ) |
Series 25
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | (1,732,532 | ) | $ | (277,545 | ) | $ | (2,010,077 | ) | |||
Net income (loss)
|
(86,239 | ) | (871 | ) | (87,110 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
(1,818,771 | ) | (278,416 | ) | (2,097,187 | ) | ||||||
Net income (loss)
|
435,676 | 4,401 | 440,077 | |||||||||
Partners’ capital (deficit), March 31, 2011
|
$ | (1,383,095 | ) | $ | (274,015 | ) | $ | (1,657,110 | ) |
Series 26
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | (977,021 | ) | $ | (353,559 | ) | $ | (1,330,580 | ) | |||
Net income (loss)
|
(1,656,241 | ) | (16,730 | ) | (1,672,971 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
(2,633,262 | ) | (370,289 | ) | (3,003,551 | ) | ||||||
Net income (loss)
|
1,129,361 | 11,408 | 1,140,769 | |||||||||
Partners’ capital (deficit), March 31, 2011
|
$ | (1,503,901 | ) | $ | (358,881 | ) | $ | (1,862,782 | ) |
Series 27
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | 266,174 | $ | (205,844 | ) | $ | 60,330 | |||||
Net income (loss)
|
(546,058 | ) | (5,516 | ) | (551,574 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
(279,884 | ) | (211,360 | ) | (491,244 | ) | ||||||
Net income (loss)
|
(1,025,289 | ) | (10,356 | ) | (1,035,645 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | (1,305,173 | ) | $ | (221,716 | ) | $ | (1,526,889 | ) |
Series 28
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | 445,603 | $ | (342,719 | ) | $ | 102,884 | |||||
Net income (loss)
|
(914,141 | ) | (9,234 | ) | (923,375 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
(468,538 | ) | (351,953 | ) | (820,491 | ) | ||||||
Net income (loss)
|
(284,040 | ) | (2,869 | ) | (286,909 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | (752,578 | ) | $ | (354,822 | ) | $ | (1,107,400 | ) |
Series 29
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | (1,084,161 | ) | $ | (353,019 | ) | $ | (1,437,180 | ) | |||
Net income (loss)
|
(868,319 | ) | (8,771 | ) | (877,090 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
(1,952,480 | ) | (361,790 | ) | (2,314,270 | ) | ||||||
Net income (loss)
|
(373,041 | ) | (3,768 | ) | (376,809 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | (2,325,521 | ) | $ | (365,558 | ) | $ | (2,691,079 | ) |
Series 30
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | 763,884 | $ | (221,634 | ) | $ | 542,250 | |||||
Net income (loss)
|
(1,471,759 | ) | (14,866 | ) | (1,486,625 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
(707,875 | ) | (236,500 | ) | (944,375 | ) | ||||||
Net income (loss)
|
(159,661 | ) | (1,613 | ) | (161,274 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | (867,536 | ) | $ | (238,113 | ) | $ | (1,105,649 | ) |
Series 31
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | (442,447 | ) | $ | (387,559 | ) | $ | (830,006 | ) | |||
Net income (loss)
|
(975,085 | ) | (9,849 | ) | (984,934 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
(1,417,532 | ) | (397,408 | ) | (1,814,940 | ) | ||||||
Net income (loss)
|
(356,738 | ) | (3,603 | ) | (360,341 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | (1,774,270 | ) | $ | (401,011 | ) | $ | (2,175,281 | ) |
Series 32
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | 1,720,324 | $ | (393,089 | ) | $ | 1,327,235 | |||||
Net income (loss)
|
(2,906,435 | ) | (29,358 | ) | (2,935,793 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
(1,186,111 | ) | (422,447 | ) | (1,608,558 | ) | ||||||
Net income (loss)
|
(377,142 | ) | (3,810 | ) | (380,952 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | (1,563,253 | ) | $ | (426,257 | ) | $ | (1,989,510 | ) |
Series 33
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | 833,496 | $ | (219,642 | ) | $ | 613,854 | |||||
Net income (loss)
|
(1,825,779 | ) | (18,442 | ) | (1,844,221 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
(992,283 | ) | (238,084 | ) | (1,230,367 | ) | ||||||
Net income (loss)
|
(239,397 | ) | (2,418 | ) | (241,815 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | (1,231,680 | ) | $ | (240,502 | ) | $ | (1,472,182 | ) |
Series 34
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | 684,035 | $ | (296,516 | ) | $ | 387,519 | |||||
Net income (loss)
|
(2,325,646 | ) | (23,491 | ) | (2,349,137 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
(1,641,611 | ) | (320,007 | ) | (1,961,618 | ) | ||||||
Net income (loss)
|
(986,779 | ) | (9,967 | ) | (996,746 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | (2,628,390 | ) | $ | (329,974 | ) | $ | (2,958,364 | ) |
Series 35
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | 5,127,834 | $ | (233,077 | ) | $ | 4,894,757 | |||||
Net income (loss)
|
(3,326,353 | ) | (33,600 | ) | (3,359,953 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
1,801,481 | (266,677 | ) | 1,534,804 | ||||||||
Net income (loss)
|
(2,908,785 | ) | (29,382 | ) | (2,938,167 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | (1,107,304 | ) | $ | (296,059 | ) | $ | (1,403,363 | ) |
Series 36
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | 2,676,938 | $ | (153,428 | ) | $ | 2,523,510 | |||||
Net income (loss)
|
(2,219,692 | ) | (22,421 | ) | (2,242,113 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
457,246 | (175,849 | ) | 281,397 | ||||||||
Net income (loss)
|
(1,911,938 | ) | (19,313 | ) | (1,931,251 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | (1,454,692 | ) | $ | (195,162 | ) | $ | (1,649,854 | ) |
Series 37
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | 3,461,812 | $ | (182,773 | ) | $ | 3,279,039 | |||||
Net income (loss)
|
(2,752,693 | ) | (27,805 | ) | (2,780,498 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
709,119 | (210,578 | ) | 498,541 | ||||||||
Net income (loss)
|
(1,867,797 | ) | (18,867 | ) | (1,886,664 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | (1,158,678 | ) | $ | (229,445 | ) | $ | (1,388,123 | ) |
Series 38
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | 5,660,862 | $ | (163,309 | ) | $ | 5,497,553 | |||||
Net income (loss)
|
(2,685,867 | ) | (27,130 | ) | (2,712,997 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
2,974,995 | (190,439 | ) | 2,784,556 | ||||||||
Net income (loss)
|
(2,912,817 | ) | (29,422 | ) | (2,942,239 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | 62,178 | $ | (219,861 | ) | $ | (157,683 | ) |
Series 39
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | 5,570,172 | $ | (142,161 | ) | $ | 5,428,011 | |||||
Net income (loss)
|
(2,269,042 | ) | (22,920 | ) | (2,291,962 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
3,301,130 | (165,081 | ) | 3,136,049 | ||||||||
Net income (loss)
|
(2,730,001 | ) | (27,576 | ) | (2,757,577 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | 571,129 | $ | (192,657 | ) | $ | 378,472 |
Series 40
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | 6,019,493 | $ | (166,412 | ) | $ | 5,853,081 | |||||
Net income (loss)
|
(2,682,493 | ) | (27,096 | ) | (2,709,589 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
3,337,000 | (193,508 | ) | 3,143,492 | ||||||||
Net income (loss)
|
(2,721,483 | ) | (27,490 | ) | (2,748,973 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | 615,517 | $ | (220,998 | ) | $ | 394,519 |
Series 41
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | 5,720,221 | $ | (193,906 | ) | $ | 5,526,315 | |||||
Net income (loss)
|
(2,416,120 | ) | (24,405 | ) | (2,440,525 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
3,304,101 | (218,311 | ) | 3,085,790 | ||||||||
Net income (loss)
|
(2,005,541 | ) | (20,258 | ) | (2,025,799 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | 1,298,560 | $ | (238,569 | ) | $ | 1,059,991 |
Series 42
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | 7,899,543 | $ | (163,579 | ) | $ | 7,735,964 | |||||
Net income (loss)
|
(2,414,992 | ) | (24,394 | ) | (2,439,386 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
5,484,551 | (187,973 | ) | 5,296,578 | ||||||||
Net income (loss)
|
(2,314,069 | ) | (23,374 | ) | (2,337,443 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | 3,170,482 | $ | (211,347 | ) | $ | 2,959,135 |
Series 43
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | 13,062,697 | $ | (192,823 | ) | $ | 12,869,874 | |||||
Net income (loss)
|
(3,146,830 | ) | (31,786 | ) | (3,178,616 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
9,915,867 | (224,609 | ) | 9,691,258 | ||||||||
Net income (loss)
|
(3,949,879 | ) | (39,898 | ) | (3,989,777 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | 5,965,988 | $ | (264,507 | ) | $ | 5,701,481 |
Series 44
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | 12,774,229 | $ | (110,815 | ) | $ | 12,663,414 | |||||
Net income (loss)
|
(3,194,236 | ) | (32,265 | ) | (3,226,501 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
9,579,993 | (143,080 | ) | 9,436,913 | ||||||||
Net income (loss)
|
(3,170,205 | ) | (32,022 | ) | (3,202,227 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | 6,409,788 | $ | (175,102 | ) | $ | 6,234,686 |
Series 45
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | 22,127,060 | $ | (133,729 | ) | $ | 21,993,331 | |||||
Net income (loss)
|
(4,144,089 | ) | (41,859 | ) | (4,185,948 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
17,982,971 | (175,588 | ) | 17,807,383 | ||||||||
Net income (loss)
|
(4,263,817 | ) | (43,069 | ) | (4,306,886 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | 13,719,154 | $ | (218,657 | ) | $ | 13,500,497 |
Series 46
|
Limited
partners
|
General
partner
|
Total
|
|||||||||
Partners’ capital (deficit), March 31, 2009
|
$ | 18,071,175 | $ | (82,860 | ) | $ | 17,988,315 | |||||
Net income (loss)
|
(3,270,286 | ) | (33,033 | ) | (3,303,319 | ) | ||||||
Partners’ capital (deficit), March 31, 2010
|
14,800,889 | (115,893 | ) | 14,684,996 | ||||||||
Net income (loss)
|
(3,067,063 | ) | (30,980 | ) | (3,098,043 | ) | ||||||
Partners’ capital (deficit), March 31, 2011
|
$ | 11,733,826 | $ | (146,873 | ) | $ | 11,586,953 |
Total
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (34,618,430 | ) | $ | (48,774,143 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
3,954,019 | 12,195,721 | ||||||
Impairment loss
|
23,038,128 | 27,675,675 | ||||||
Distributions received from operating limited partnerships
|
182,237 | 464,620 | ||||||
Amortization
|
1,786,355 | 2,460,106 | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
(165,855 | ) | 295,631 | |||||
Accounts payable and accrued expenses
|
93,836 | 51,863 | ||||||
Accounts payable - affiliates
|
314,146 | 4,959,048 | ||||||
Net cash provided by (used in) operating activities
|
(5,415,564 | ) | (671,479 | ) | ||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
(259,901 | ) | - | |||||
Proceeds from disposition of operating limited partnerships
|
7,102,968 | 988,360 | ||||||
Net cash provided by (used in) investing activities
|
6,843,067 | 988,360 | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
1,427,503 | 316,881 | ||||||
Cash and cash equivalents, beginning
|
6,498,869 | 6,181,988 | ||||||
Cash and cash equivalents, ending
|
$ | 7,926,372 | $ | 6,498,869 |
Total
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | 8,915 | $ | 16,888 | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | 653,373 | $ | 250,000 | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | 18,818 | $ | 41,331 |
Series 20
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | 782,240 | $ | (279,089 | ) | |||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
(921,489 | ) | 29,623 | |||||
Impairment loss
|
- | - | ||||||
Distributions received from operating limited partnerships
|
- | - | ||||||
Amortization
|
- | - | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
2,633 | (42,424 | ) | |||||
Accounts payable and accrued expenses
|
10,376 | 7,500 | ||||||
Accounts payable - affiliates
|
(737,086 | ) | 287,024 | |||||
Net cash provided by (used in) operating activities
|
(863,326 | ) | 2,634 | |||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
921,489 | 10,168 | ||||||
Net cash provided by (used in) investing activities
|
921,489 | 10,168 | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
58,163 | 12,802 | ||||||
Cash and cash equivalents, beginning
|
187,333 | 174,531 | ||||||
Cash and cash equivalents, ending
|
$ | 245,496 | $ | 187,333 |
Series 20
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 21
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (10,292 | ) | $ | 528,259 | |||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
(25,729 | ) | (634,441 | ) | ||||
Impairment loss
|
- | - | ||||||
Distributions received from operating limited partnerships
|
- | 1 | ||||||
Amortization
|
- | - | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
- | 88,577 | ||||||
Accounts payable and accrued expenses
|
(7,788 | ) | 15,808 | |||||
Accounts payable - affiliates
|
69,765 | (458,867 | ) | |||||
Net cash provided by (used in) operating activities
|
25,956 | (460,663 | ) | |||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
25,729 | 732,319 | ||||||
Net cash provided by (used in) investing activities
|
25,729 | 732,319 | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
51,685 | 271,656 | ||||||
Cash and cash equivalents, beginning
|
287,156 | 15,500 | ||||||
Cash and cash equivalents, ending
|
$ | 338,841 | $ | 287,156 |
Series 21
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 22
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | 541,236 | $ | (208,678 | ) | |||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
(754,900 | ) | (60,867 | ) | ||||
Impairment loss
|
- | - | ||||||
Distributions received from operating limited partnerships
|
- | - | ||||||
Amortization
|
- | - | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
2,500 | (2,500 | ) | |||||
Accounts payable and accrued expenses
|
(7,614 | ) | 20,115 | |||||
Accounts payable - affiliates
|
(342,631 | ) | 264,288 | |||||
Net cash provided by (used in) operating activities
|
(561,409 | ) | 12,358 | |||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
754,900 | 60,867 | ||||||
Net cash provided by (used in) investing activities
|
754,900 | 60,867 | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
193,491 | 73,225 | ||||||
Cash and cash equivalents, beginning
|
150,885 | 77,660 | ||||||
Cash and cash equivalents, ending
|
$ | 344,376 | $ | 150,885 |
Series 22
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 23
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | 610,391 | $ | (218,996 | ) | |||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
(688,724 | ) | (38,225 | ) | ||||
Impairment loss
|
- | - | ||||||
Distributions received from operating limited partnerships
|
- | - | ||||||
Amortization
|
- | - | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
- | - | ||||||
Accounts payable and accrued expenses
|
(10,373 | ) | 30,173 | |||||
Accounts payable - affiliates
|
(371,006 | ) | 250,488 | |||||
Net cash provided by (used in) operating activities
|
(459,712 | ) | 23,440 | |||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
688,724 | 38,225 | ||||||
Net cash provided by (used in) investing activities
|
688,724 | 38,225 | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
229,012 | 61,665 | ||||||
Cash and cash equivalents, beginning
|
96,567 | 34,902 | ||||||
Cash and cash equivalents, ending
|
$ | 325,579 | $ | 96,567 |
Series 23
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 24
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (117,314 | ) | $ | (11,402 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
- | (107,945 | ) | |||||
Impairment loss
|
- | - | ||||||
Distributions received from operating limited partnerships
|
- | - | ||||||
Amortization
|
- | - | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
- | - | ||||||
Accounts payable and accrued expenses
|
(7,500 | ) | 15,000 | |||||
Accounts payable - affiliates
|
77,900 | 124,222 | ||||||
Net cash provided by (used in) operating activities
|
(46,914 | ) | 19,875 | |||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
- | 107,945 | ||||||
Net cash provided by (used in) investing activities
|
- | 107,945 | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
(46,914 | ) | 127,820 | |||||
Cash and cash equivalents, beginning
|
247,141 | 119,321 | ||||||
Cash and cash equivalents, ending
|
$ | 200,227 | $ | 247,141 |
Series 24
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 25
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | 440,077 | $ | (87,110 | ) | |||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
(469,513 | ) | (68,662 | ) | ||||
Impairment loss
|
- | 62,147 | ||||||
Distributions received from operating limited partnerships
|
- | - | ||||||
Amortization
|
- | 11,423 | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
- | (1,250 | ) | |||||
Accounts payable and accrued expenses
|
54,408 | - | ||||||
Accounts payable - affiliates
|
(188,789 | ) | 134,550 | |||||
Net cash provided by (used in) operating activities
|
(163,817 | ) | 51,098 | |||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
469,513 | 38,836 | ||||||
Net cash provided by (used in) investing activities
|
469,513 | 38,836 | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
305,696 | 89,934 | ||||||
Cash and cash equivalents, beginning
|
256,530 | 166,596 | ||||||
Cash and cash equivalents, ending
|
$ | 562,226 | $ | 256,530 |
Series 25
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 26
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | 1,140,769 | $ | (1,672,971 | ) | |||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
(1,451,966 | ) | 724,045 | |||||
Impairment loss
|
- | 606,124 | ||||||
Distributions received from operating limited partnerships
|
- | 42,403 | ||||||
Amortization
|
- | 34,324 | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
- | (5,400 | ) | |||||
Accounts payable and accrued expenses
|
30,000 | - | ||||||
Accounts payable - affiliates
|
(1,006,313 | ) | 217,273 | |||||
Net cash provided by (used in) operating activities
|
(1,287,510 | ) | (54,202 | ) | ||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
1,451,966 | - | ||||||
Net cash provided by (used in) investing activities
|
1,451,966 | - | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
164,456 | (54,202 | ) | |||||
Cash and cash equivalents, beginning
|
312,412 | 366,614 | ||||||
Cash and cash equivalents, ending
|
$ | 476,868 | $ | 312,412 |
Series 26
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 27
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (1,035,645 | ) | $ | (551,574 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
676,060 | 80,272 | ||||||
Impairment loss
|
24,309 | 153,410 | ||||||
Distributions received from operating limited partnerships
|
100 | 58,048 | ||||||
Amortization
|
68,492 | 68,492 | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
- | 27,757 | ||||||
Accounts payable and accrued expenses
|
10,000 | - | ||||||
Accounts payable - affiliates
|
(1,105,169 | ) | 327,526 | |||||
Net cash provided by (used in) operating activities
|
(1,361,853 | ) | 163,931 | |||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
1,638,582 | - | ||||||
Net cash provided by (used in) investing activities
|
1,638,582 | - | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
276,729 | 163,931 | ||||||
Cash and cash equivalents, beginning
|
273,885 | 109,954 | ||||||
Cash and cash equivalents, ending
|
$ | 550,614 | $ | 273,885 |
Series 27
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | 16,888 | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | 41,331 |
Series 28
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (286,909 | ) | $ | (923,375 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
- | 455,332 | ||||||
Impairment loss
|
- | 183,235 | ||||||
Distributions received from operating limited partnerships
|
- | 49,621 | ||||||
Amortization
|
- | - | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
- | (3,550 | ) | |||||
Accounts payable and accrued expenses
|
- | - | ||||||
Accounts payable - affiliates
|
284,116 | 309,116 | ||||||
Net cash provided by (used in) operating activities
|
(2,793 | ) | 70,379 | |||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
- | - | ||||||
Net cash provided by (used in) investing activities
|
- | - | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
(2,793 | ) | 70,379 | |||||
Cash and cash equivalents, beginning
|
262,507 | 192,128 | ||||||
Cash and cash equivalents, ending
|
$ | 259,714 | $ | 262,507 |
Series 28
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 29
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (376,809 | ) | $ | (877,090 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
24,395 | 204,007 | ||||||
Impairment loss
|
- | 380,451 | ||||||
Distributions received from operating limited partnerships
|
- | 669 | ||||||
Amortization
|
28,950 | 28,948 | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
- | - | ||||||
Accounts payable and accrued expenses
|
- | - | ||||||
Accounts payable - affiliates
|
331,404 | 331,404 | ||||||
Net cash provided by (used in) operating activities
|
7,940 | 68,389 | ||||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
- | - | ||||||
Net cash provided by (used in) investing activities
|
- | - | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
7,940 | 68,389 | ||||||
Cash and cash equivalents, beginning
|
206,375 | 137,986 | ||||||
Cash and cash equivalents, ending
|
$ | 214,315 | $ | 206,375 |
Series 29
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 30
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (161,274 | ) | $ | (1,486,625 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
(83,888 | ) | 566,987 | |||||
Impairment loss
|
15,589 | 615,661 | ||||||
Distributions received from operating limited partnerships
|
- | 29,701 | ||||||
Amortization
|
26,275 | 104,340 | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
- | - | ||||||
Accounts payable and accrued expenses
|
10,000 | - | ||||||
Accounts payable - affiliates
|
183,160 | 186,169 | ||||||
Net cash provided by (used in) operating activities
|
(10,138 | ) | 16,233 | |||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
151,341 | - | ||||||
Net cash provided by (used in) investing activities
|
151,341 | - | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
141,203 | 16,233 | ||||||
Cash and cash equivalents, beginning
|
280,327 | 264,094 | ||||||
Cash and cash equivalents, ending
|
$ | 421,530 | $ | 280,327 |
Series 30
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 31
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (360,341 | ) | $ | (984,934 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
(156,023 | ) | (197,045 | ) | ||||
Impairment loss
|
166,611 | 796,383 | ||||||
Distributions received from operating limited partnerships
|
- | 5,441 | ||||||
Amortization
|
- | - | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
- | - | ||||||
Accounts payable and accrued expenses
|
- | - | ||||||
Accounts payable - affiliates
|
364,152 | 364,152 | ||||||
Net cash provided by (used in) operating activities
|
14,399 | (16,003 | ) | |||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
- | - | ||||||
Net cash provided by (used in) investing activities
|
- | - | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
14,399 | (16,003 | ) | |||||
Cash and cash equivalents, beginning
|
166,800 | 182,803 | ||||||
Cash and cash equivalents, ending
|
$ | 181,199 | $ | 166,800 |
Series 31
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 32
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (380,952 | ) | $ | (2,935,793 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
(186,600 | ) | 903,427 | |||||
Impairment loss
|
272,560 | 1,688,725 | ||||||
Distributions received from operating limited partnerships
|
- | 2,984 | ||||||
Amortization
|
- | 131,056 | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
- | - | ||||||
Accounts payable and accrued expenses
|
- | - | ||||||
Accounts payable - affiliates
|
(110,227 | ) | 312,615 | |||||
Net cash provided by (used in) operating activities
|
(405,219 | ) | 103,014 | |||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
559,998 | - | ||||||
Net cash provided by (used in) investing activities
|
559,998 | - | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
154,779 | 103,014 | ||||||
Cash and cash equivalents, beginning
|
340,581 | 237,567 | ||||||
Cash and cash equivalents, ending
|
$ | 495,360 | $ | 340,581 |
Series 32
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | 125,000 | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 33
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (241,815 | ) | $ | (1,844,221 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
52,927 | 387,789 | ||||||
Impairment loss
|
37,226 | 1,267,778 | ||||||
Distributions received from operating limited partnerships
|
- | 7,370 | ||||||
Amortization
|
- | 11,980 | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
- | - | ||||||
Accounts payable and accrued expenses
|
3,403 | - | ||||||
Accounts payable - affiliates
|
144,375 | 173,767 | ||||||
Net cash provided by (used in) operating activities
|
(3,884 | ) | 4,463 | |||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
60,000 | - | ||||||
Net cash provided by (used in) investing activities
|
60,000 | - | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
56,116 | 4,463 | ||||||
Cash and cash equivalents, beginning
|
184,115 | 179,652 | ||||||
Cash and cash equivalents, ending
|
$ | 240,231 | $ | 184,115 |
Series 33
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | 125,000 | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 34
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (996,746 | ) | $ | (2,349,137 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
227,070 | 610,451 | ||||||
Impairment loss
|
225,080 | 1,042,951 | ||||||
Distributions received from operating limited partnerships
|
- | 4,182 | ||||||
Amortization
|
224,375 | 384,440 | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
- | - | ||||||
Accounts payable and accrued expenses
|
- | - | ||||||
Accounts payable - affiliates
|
310,569 | 308,882 | ||||||
Net cash provided by (used in) operating activities
|
(9,652 | ) | 1,769 | |||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
- | - | ||||||
Net cash provided by (used in) investing activities
|
- | - | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
(9,652 | ) | 1,769 | |||||
Cash and cash equivalents, beginning
|
74,138 | 72,369 | ||||||
Cash and cash equivalents, ending
|
$ | 64,486 | $ | 74,138 |
Series 34
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 35
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (2,938,167 | ) | $ | (3,359,953 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
609,403 | 815,231 | ||||||
Impairment loss
|
2,017,720 | 2,237,536 | ||||||
Distributions received from operating limited partnerships
|
- | 15,731 | ||||||
Amortization
|
72,288 | 72,288 | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
- | - | ||||||
Accounts payable and accrued expenses
|
- | - | ||||||
Accounts payable - affiliates
|
228,360 | 228,360 | ||||||
Net cash provided by (used in) operating activities
|
(10,396 | ) | 9,193 | |||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
- | - | ||||||
Net cash provided by (used in) investing activities
|
- | - | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
(10,396 | ) | 9,193 | |||||
Cash and cash equivalents, beginning
|
127,244 | 118,051 | ||||||
Cash and cash equivalents, ending
|
$ | 116,848 | $ | 127,244 |
Series 35
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 36
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (1,931,251 | ) | $ | (2,242,113 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
336,138 | 492,791 | ||||||
Impairment loss
|
1,405,263 | 1,548,176 | ||||||
Distributions received from operating limited partnerships
|
13,640 | 38,403 | ||||||
Amortization
|
- | 29,840 | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
- | - | ||||||
Accounts payable and accrued expenses
|
- | - | ||||||
Accounts payable - affiliates
|
166,621 | 174,143 | ||||||
Net cash provided by (used in) operating activities
|
(9,589 | ) | 41,240 | |||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
- | - | ||||||
Net cash provided by (used in) investing activities
|
- | - | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
(9,589 | ) | 41,240 | |||||
Cash and cash equivalents, beginning
|
142,855 | 101,615 | ||||||
Cash and cash equivalents, ending
|
$ | 133,266 | $ | 142,855 |
Series 36
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 37
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (1,886,664 | ) | $ | (2,780,498 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
228,964 | 599,344 | ||||||
Impairment loss
|
1,324,065 | 1,849,293 | ||||||
Distributions received from operating limited partnerships
|
47,169 | 45,997 | ||||||
Amortization
|
118,248 | 118,248 | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
- | - | ||||||
Accounts payable and accrued expenses
|
- | - | ||||||
Accounts payable - affiliates
|
204,864 | 204,864 | ||||||
Net cash provided by (used in) operating activities
|
36,646 | 37,248 | ||||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
- | - | ||||||
Net cash provided by (used in) investing activities
|
- | - | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
36,646 | 37,248 | ||||||
Cash and cash equivalents, beginning
|
309,745 | 272,497 | ||||||
Cash and cash equivalents, ending
|
$ | 346,391 | $ | 309,745 |
Series 37
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 38
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (2,942,239 | ) | $ | (2,712,997 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
564,465 | 658,134 | ||||||
Impairment loss
|
2,180,548 | 1,863,888 | ||||||
Distributions received from operating limited partnerships
|
45,159 | 48,286 | ||||||
Amortization
|
13,960 | 26,220 | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
- | - | ||||||
Accounts payable and accrued expenses
|
- | - | ||||||
Accounts payable - affiliates
|
164,400 | 64,400 | ||||||
Net cash provided by (used in) operating activities
|
26,293 | (52,069 | ) | |||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
- | - | ||||||
Net cash provided by (used in) investing activities
|
- | - | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
26,293 | (52,069 | ) | |||||
Cash and cash equivalents, beginning
|
209,324 | 261,393 | ||||||
Cash and cash equivalents, ending
|
$ | 235,617 | $ | 209,324 |
Series 38
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 39
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (2,757,577 | ) | $ | (2,291,962 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
890,369 | 779,953 | ||||||
Impairment loss
|
1,711,047 | 1,331,559 | ||||||
Distributions received from operating limited partnerships
|
12,754 | 14,953 | ||||||
Amortization
|
11,116 | 22,072 | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
- | - | ||||||
Accounts payable and accrued expenses
|
- | - | ||||||
Accounts payable - affiliates
|
136,800 | 86,800 | ||||||
Net cash provided by (used in) operating activities
|
4,509 | (56,625 | ) | |||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
- | - | ||||||
Net cash provided by (used in) investing activities
|
- | - | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
4,509 | (56,625 | ) | |||||
Cash and cash equivalents, beginning
|
183,296 | 239,921 | ||||||
Cash and cash equivalents, ending
|
$ | 187,805 | $ | 183,296 |
Series 39
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 40
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (2,748,973 | ) | $ | (2,709,589 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
601,594 | 900,724 | ||||||
Impairment loss
|
1,870,900 | 1,565,033 | ||||||
Distributions received from operating limited partnerships
|
675 | 2,430 | ||||||
Amortization
|
53,036 | 53,036 | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
- | - | ||||||
Accounts payable and accrued expenses
|
- | (36,733 | ) | |||||
Accounts payable - affiliates
|
211,999 | 218,094 | ||||||
Net cash provided by (used in) operating activities
|
(10,769 | ) | (7,005 | ) | ||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
- | - | ||||||
Net cash provided by (used in) investing activities
|
- | - | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
(10,769 | ) | (7,005 | ) | ||||
Cash and cash equivalents, beginning
|
120,514 | 127,519 | ||||||
Cash and cash equivalents, ending
|
$ | 109,745 | $ | 120,514 |
Series 40
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 41
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (2,025,799 | ) | $ | (2,440,525 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
302,783 | 553,631 | ||||||
Impairment loss
|
1,300,406 | 1,370,664 | ||||||
Distributions received from operating limited partnerships
|
7,259 | 6,437 | ||||||
Amortization
|
222,512 | 282,764 | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
834 | (835 | ) | |||||
Accounts payable and accrued expenses
|
8,924 | - | ||||||
Accounts payable - affiliates
|
(60,471 | ) | 266,149 | |||||
Net cash provided by (used in) operating activities
|
(243,552 | ) | 38,285 | |||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
380,726 | - | ||||||
Net cash provided by (used in) investing activities
|
380,726 | - | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
137,174 | 38,285 | ||||||
Cash and cash equivalents, beginning
|
78,660 | 40,375 | ||||||
Cash and cash equivalents, ending
|
$ | 215,834 | $ | 78,660 |
Series 41
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 42
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (2,337,443 | ) | $ | (2,439,386 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
347,607 | 342,003 | ||||||
Impairment loss
|
1,711,651 | 1,688,303 | ||||||
Distributions received from operating limited partnerships
|
1,005 | 609 | ||||||
Amortization
|
99,384 | 128,732 | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
- | 117,628 | ||||||
Accounts payable and accrued expenses
|
- | - | ||||||
Accounts payable - affiliates
|
249,780 | 151,056 | ||||||
Net cash provided by (used in) operating activities
|
71,984 | (11,055 | ) | |||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
(109,361 | ) | - | |||||
Proceeds from disposition of operating limited partnerships
|
- | - | ||||||
Net cash provided by (used in) investing activities
|
(109,361 | ) | - | |||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
(37,377 | ) | (11,055 | ) | ||||
Cash and cash equivalents, beginning
|
348,800 | 359,855 | ||||||
Cash and cash equivalents, ending
|
$ | 311,423 | $ | 348,800 |
Series 42
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | 270,143 | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 43
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (3,989,777 | ) | $ | (3,178,616 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
503,263 | 514,076 | ||||||
Impairment loss
|
2,993,098 | 2,024,801 | ||||||
Distributions received from operating limited partnerships
|
3,410 | 20,907 | ||||||
Amortization
|
247,749 | 289,737 | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
(85,806 | ) | 117,628 | |||||
Accounts payable and accrued expenses
|
- | - | ||||||
Accounts payable - affiliates
|
306,780 | 281,780 | ||||||
Net cash provided by (used in) operating activities
|
(21,283 | ) | 70,313 | |||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
- | - | ||||||
Net cash provided by (used in) investing activities
|
- | - | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
(21,283 | ) | 70,313 | |||||
Cash and cash equivalents, beginning
|
256,265 | 185,952 | ||||||
Cash and cash equivalents, ending
|
$ | 234,982 | $ | 256,265 |
Series 43
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | 186,626 | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 44
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (3,202,227 | ) | $ | (3,226,501 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
1,281,159 | 1,444,199 | ||||||
Impairment loss
|
1,396,160 | 1,198,091 | ||||||
Distributions received from operating limited partnerships
|
5,728 | 4,129 | ||||||
Amortization
|
283,982 | 294,134 | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
(104,834 | ) | - | |||||
Accounts payable and accrued expenses
|
- | - | ||||||
Accounts payable - affiliates
|
284,701 | 84,701 | ||||||
Net cash provided by (used in) operating activities
|
(55,331 | ) | (201,247 | ) | ||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
(139,317 | ) | - | |||||
Proceeds from disposition of operating limited partnerships
|
- | - | ||||||
Net cash provided by (used in) investing activities
|
(139,317 | ) | - | |||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
(194,648 | ) | (201,247 | ) | ||||
Cash and cash equivalents, beginning
|
590,586 | 791,833 | ||||||
Cash and cash equivalents, ending
|
$ | 395,938 | $ | 590,586 |
Series 44
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | 196,604 | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 45
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (4,306,886 | ) | $ | (4,185,948 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
1,187,195 | 1,379,202 | ||||||
Impairment loss
|
2,445,786 | 2,117,133 | ||||||
Distributions received from operating limited partnerships
|
22,953 | 51,029 | ||||||
Amortization
|
273,092 | 288,104 | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
- | - | ||||||
Accounts payable and accrued expenses
|
- | - | ||||||
Accounts payable - affiliates
|
266,564 | 16,564 | ||||||
Net cash provided by (used in) operating activities
|
(111,296 | ) | (333,916 | ) | ||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
- | - | ||||||
Proceeds from disposition of operating limited partnerships
|
- | - | ||||||
Net cash provided by (used in) investing activities
|
- | - | ||||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
(111,296 | ) | (333,916 | ) | ||||
Cash and cash equivalents, beginning
|
537,189 | 871,105 | ||||||
Cash and cash equivalents, ending
|
$ | 425,893 | $ | 537,189 |
Series 45
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | - | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | - | $ | - |
Series 46
|
||||||||
2011
|
2010
|
|||||||
Cash flows from operating activities
|
||||||||
Net income (loss)
|
$ | (3,098,043 | ) | $ | (3,303,319 | ) | ||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
|
||||||||
Share of (income) losses from operating limited partnerships
|
859,459 | 861,685 | ||||||
Impairment loss
|
1,940,109 | 2,084,333 | ||||||
Distributions received from operating limited partnerships
|
22,385 | 15,289 | ||||||
Amortization
|
42,896 | 79,928 | ||||||
Changes in assets and liabilities
|
||||||||
Other assets
|
18,818 | - | ||||||
Accounts payable and accrued expenses
|
- | - | ||||||
Accounts payable - affiliates
|
249,528 | 49,528 | ||||||
Net cash provided by (used in) operating activities
|
35,152 | (212,556 | ) | |||||
Cash flows from investing activities
|
||||||||
Capital contributions paid to operating limited partnerships
|
(11,223 | ) | - | |||||
Proceeds from disposition of operating limited partnerships
|
- | - | ||||||
Net cash provided by (used in) investing activities
|
(11,223 | ) | - | |||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
|
23,929 | (212,556 | ) | |||||
Cash and cash equivalents, beginning
|
267,639 | 480,195 | ||||||
Cash and cash equivalents, ending
|
$ | 291,568 | $ | 267,639 |
Series 46
|
||||||||
2011
|
2010
|
|||||||
Supplemental schedule of noncash investing and financing activities
|
||||||||
The fund has decreased its investments in operating limited partnerships and decreased its capital contribution obligation to operating limited partnerships for low-income tax credits not generated.
|
$ | 8,915 | $ | - | ||||
The fund has applied notes receivable and advances to its capital contribution obligation in operating limited partnerships.
|
$ | - | $ | - | ||||
The fund has decreased its investments in operating limited partnerships and recorded a receivable for tax credits not generated by the operating limited partnerships.
|
$ | 18,818 | $ | - |
Issued
|
Outstanding
|
|||||||||||||||
2011
|
2010
|
2011
|
2010
|
|||||||||||||
Series 20
|
3,866,700 | 3,866,700 | 3,866,700 | 3,866,700 | ||||||||||||
Series 21
|
1,892,700 | 1,892,700 | 1,890,700 | 1,892,700 | ||||||||||||
Series 22
|
2,564,400 | 2,564,400 | 2,564,400 | 2,564,400 | ||||||||||||
Series 23
|
3,336,727 | 3,336,727 | 3,336,727 | 3,336,727 | ||||||||||||
Series 24
|
2,169,878 | 2,169,878 | 2,169,878 | 2,169,878 | ||||||||||||
Series 25
|
3,026,109 | 3,026,109 | 3,026,109 | 3,026,109 | ||||||||||||
Series 26
|
3,995,900 | 3,995,900 | 3,995,900 | 3,995,900 | ||||||||||||
Series 27
|
2,460,700 | 2,460,700 | 2,460,700 | 2,460,700 | ||||||||||||
Series 28
|
4,000,738 | 4,000,738 | 4,000,738 | 4,000,738 | ||||||||||||
Series 29
|
3,991,800 | 3,991,800 | 3,991,800 | 3,991,800 | ||||||||||||
Series 30
|
2,651,000 | 2,651,000 | 2,651,000 | 2,651,000 | ||||||||||||
Series 31
|
4,417,857 | 4,417,857 | 4,417,857 | 4,417,857 | ||||||||||||
Series 32
|
4,754,198 | 4,754,198 | 4,754,198 | 4,754,198 | ||||||||||||
Series 33
|
2,636,533 | 2,636,533 | 2,636,533 | 2,636,533 | ||||||||||||
Series 34
|
3,529,319 | 3,529,319 | 3,529,319 | 3,529,319 | ||||||||||||
Series 35
|
3,300,463 | 3,300,463 | 3,300,463 | 3,300,463 | ||||||||||||
Series 36
|
2,106,837 | 2,106,837 | 2,106,837 | 2,106,837 | ||||||||||||
Series 37
|
2,512,500 | 2,512,500 | 2,512,500 | 2,512,500 | ||||||||||||
Series 38
|
2,543,100 | 2,543,100 | 2,543,100 | 2,543,100 | ||||||||||||
Series 39
|
2,292,152 | 2,292,152 | 2,292,152 | 2,292,152 | ||||||||||||
Series 40
|
2,630,256 | 2,630,256 | 2,630,256 | 2,630,256 | ||||||||||||
Series 41
|
2,891,626 | 2,891,626 | 2,891,626 | 2,891,626 | ||||||||||||
Series 42
|
2,744,262 | 2,744,262 | 2,744,262 | 2,744,262 | ||||||||||||
Series 43
|
3,637,987 | 3,637,987 | 3,637,987 | 3,637,987 | ||||||||||||
Series 44
|
2,701,973 | 2,701,973 | 2,701,973 | 2,701,973 | ||||||||||||
Series 45
|
4,014,367 | 4,014,367 | 4,014,367 | 4,014,367 | ||||||||||||
Series 46
|
2,980,998 | 2,980,998 | 2,980,998 | 2,980,998 | ||||||||||||
83,651,080 | 83,651,080 | 83,649,080 | 83,651,080 |
Accumulated
Amortization
|
Accumulated
Amortization
|
Capitalized Interest
Impairment
|
Capitalized Interest
Impairment
|
Remaining Life of
Capitalized Interest
|
||||||||||||||||
2011
|
2010
|
2011
|
2010
|
Years
|
||||||||||||||||
Series 20
|
$ | - | $ | - | $ | - | $ | - | - | |||||||||||
Series 21
|
- | - | - | - | - | |||||||||||||||
Series 22
|
- | - | - | - | - | |||||||||||||||
Series 23
|
- | - | - | - | - | |||||||||||||||
Series 24
|
- | - | - | - | - | |||||||||||||||
Series 25
|
- | - | - | - | - | |||||||||||||||
Series 26
|
- | - | - | - | - | |||||||||||||||
Series 27
|
13,281 | 10,181 | 6,193 | - | - | |||||||||||||||
Series 28
|
- | - | - | - | - | |||||||||||||||
Series 29
|
- | - | - | - | - | |||||||||||||||
Series 30
|
- | - | - | - | - | |||||||||||||||
Series 31
|
- | - | - | - | - | |||||||||||||||
Series 32
|
- | - | - | - | - | |||||||||||||||
Series 33
|
- | - | - | - | - | |||||||||||||||
Series 34
|
- | - | - | 5,090 | - | |||||||||||||||
Series 35
|
- | - | - | - | - | |||||||||||||||
Series 36
|
- | - | - | - | - | |||||||||||||||
Series 37
|
- | - | - | - | - | |||||||||||||||
Series 38
|
- | - | - | - | - | |||||||||||||||
Series 39
|
- | - | - | - | - | |||||||||||||||
Series 40
|
- | - | - | - | - | |||||||||||||||
Series 41
|
- | - | - | - | - | |||||||||||||||
Series 42
|
- | - | - | - | - | |||||||||||||||
Series 43
|
- | - | - | - | - | |||||||||||||||
Series 44
|
3,618 | 2,436 | 7,095 | - | - | |||||||||||||||
Series 45
|
- | - | - | - | - | |||||||||||||||
Series 46
|
- | - | - | - | - | |||||||||||||||
$ | 16,899 | $ | 12,617 | $ | 13,288 | $ | 5,090 |
Accumulated
Amortization
|
Accumulated
Amortization
|
Acquisition Costs
Impairment
|
Acquisition Costs
Impairment
|
Remaining Life
Acquistion Costs
|
||||||||||||||||
2011
|
2010
|
2011
|
2010
|
Years
|
||||||||||||||||
Series 20
|
$ | - | $ | - | - | - | - | |||||||||||||
Series 21
|
- | - | - | - | - | |||||||||||||||
Series 22
|
- | - | - | - | - | |||||||||||||||
Series 23
|
- | - | - | - | - | |||||||||||||||
Series 24
|
- | - | - | - | - | |||||||||||||||
Series 25
|
- | 11,423 | - | 22,855 | - | |||||||||||||||
Series 26
|
- | 34,324 | - | 34,322 | - | |||||||||||||||
Series 27
|
130,784 | 65,392 | - | - | 2 | |||||||||||||||
Series 28
|
- | - | - | - | - | |||||||||||||||
Series 29
|
57,900 | 28,950 | - | - | - | |||||||||||||||
Series 30
|
26,275 | 104,340 | - | 78,065 | - | |||||||||||||||
Series 31
|
- | - | - | - | - | |||||||||||||||
Series 32
|
- | 131,056 | - | 262,118 | - | |||||||||||||||
Series 33
|
- | 11,980 | - | 23,960 | - | |||||||||||||||
Series 34
|
224,375 | 379,347 | - | 154,970 | - | |||||||||||||||
Series 35
|
144,576 | 72,288 | 144,573 | - | - | |||||||||||||||
Series 36
|
- | 29,840 | - | 59,676 | - | |||||||||||||||
Series 37
|
236,496 | 118,248 | 236,496 | - | - | |||||||||||||||
Series 38
|
13,960 | 26,220 | 27,916 | 36,781 | - | |||||||||||||||
Series 39
|
11,116 | 22,072 | 22,232 | 32,860 | - | |||||||||||||||
Series 40
|
106,072 | 53,036 | 106,069 | - | - | |||||||||||||||
Series 41
|
222,512 | 282,764 | 209,087 | 240,999 | 3 | |||||||||||||||
Series 42
|
99,384 | 128,732 | 166,004 | 205,435 | 6 | |||||||||||||||
Series 43
|
229,852 | 271,840 | 785,633 | 293,908 | 6 | |||||||||||||||
Series 44
|
565,599 | 282,799 | - | - | 6 | |||||||||||||||
Series 45
|
273,092 | 288,104 | - | 105,080 | 6 | |||||||||||||||
Series 46
|
42,896 | 79,928 | 66,554 | 259,201 | 6 | |||||||||||||||
$ | 2,384,889 | $ | 2,422,683 | $ | 1,764,564 | $ | 1,810,230 |
2011
|
2010
|
|||||||
Series 20
|
3,866,700 | 3,866,700 | ||||||
Series 21
|
1,890,700 | 1,892,700 | ||||||
Series 22
|
2,564,400 | 2,564,400 | ||||||
Series 23
|
3,336,727 | 3,336,727 | ||||||
Series 24
|
2,169,878 | 2,169,878 | ||||||
Series 25
|
3,026,109 | 3,026,109 | ||||||
Series 26
|
3,995,900 | 3,995,900 | ||||||
Series 27
|
2,460,700 | 2,460,700 | ||||||
Series 28
|
4,000,738 | 4,000,738 | ||||||
Series 29
|
3,991,800 | 3,991,800 | ||||||
Series 30
|
2,651,000 | 2,651,000 | ||||||
Series 31
|
4,417,857 | 4,417,857 | ||||||
Series 32
|
4,754,198 | 4,754,198 | ||||||
Series 33
|
2,636,533 | 2,636,533 | ||||||
Series 34
|
3,529,319 | 3,529,319 | ||||||
Series 35
|
3,300,463 | 3,300,463 | ||||||
Series 36
|
2,106,837 | 2,106,837 | ||||||
Series 37
|
2,512,500 | 2,512,500 | ||||||
Series 38
|
2,543,100 | 2,543,100 | ||||||
Series 39
|
2,292,152 | 2,292,152 | ||||||
Series 40
|
2,630,256 | 2,630,256 | ||||||
Series 41
|
2,891,626 | 2,891,626 | ||||||
Series 42
|
2,744,262 | 2,744,262 | ||||||
Series 43
|
3,637,987 | 3,637,987 | ||||||
Series 44
|
2,701,973 | 2,701,973 | ||||||
Series 45
|
4,014,367 | 4,014,367 | ||||||
Series 46
|
2,980,998 | 2,980,998 | ||||||
83,649,080 | 83,651,080 |
2011
|
2010
|
|||||||
Series 20
|
$ | 227,914 | $ | 337,024 | ||||
Series 21
|
119,765 | 141,133 | ||||||
Series 22
|
205,723 | 249,803 | ||||||
Series 23
|
177,348 | 235,714 | ||||||
Series 24
|
177,900 | 199,222 | ||||||
Series 25
|
211,211 | 234,550 | ||||||
Series 26
|
393,687 | 417,273 | ||||||
Series 27
|
294,831 | 315,204 | ||||||
Series 28
|
334,116 | 334,116 | ||||||
Series 29
|
331,404 | 331,404 | ||||||
Series 30
|
183,160 | 186,169 | ||||||
Series 31
|
364,152 | 364,152 | ||||||
Series 32
|
289,773 | 312,615 | ||||||
Series 33
|
138,265 | 159,745 | ||||||
Series 34
|
293,196 | 293,196 | ||||||
Series 35
|
228,360 | 228,360 | ||||||
Series 36
|
160,599 | 160,599 | ||||||
Series 37
|
204,864 | 204,864 | ||||||
Series 38
|
164,400 | 164,400 | ||||||
Series 39
|
136,800 | 136,800 | ||||||
Series 40
|
200,017 | 200,017 | ||||||
Series 41
|
239,529 | 246,830 | ||||||
Series 42
|
249,780 | 251,056 | ||||||
Series 43
|
306,780 | 306,780 | ||||||
Series 44
|
284,701 | 284,701 | ||||||
Series 45
|
366,564 | 366,564 | ||||||
Series 46
|
249,528 | 249,528 | ||||||
$ | 6,534,367 | $ | 6,911,819 |
2011
|
2010
|
|||||||
Series 20
|
$ | 63,134 | $ | 75,503 | ||||
Series 21
|
123,353 | 64,846 | ||||||
Series 22
|
22,741 | 18,136 | ||||||
Series 23
|
35,720 | 26,439 | ||||||
Series 24
|
15,606 | 68,404 | ||||||
Series 25
|
52,995 | 77,866 | ||||||
Series 26
|
119,324 | 118,642 | ||||||
Series 27
|
52,791 | 139,570 | ||||||
Series 28
|
64,927 | 76,484 | ||||||
Series 29
|
47,928 | 106,812 | ||||||
Series 30
|
15,440 | 28,927 | ||||||
Series 31
|
62,952 | 38,168 | ||||||
Series 32
|
35,787 | 112,529 | ||||||
Series 33
|
20,389 | 20,195 | ||||||
Series 34
|
14,154 | 22,454 | ||||||
Series 35
|
25,344 | 36,303 | ||||||
Series 36
|
7,234 | 25,250 | ||||||
Series 37
|
20,500 | 26,818 | ||||||
Series 38
|
18,535 | 41,136 | ||||||
Series 39
|
25,335 | 17,135 | ||||||
Series 40
|
20,738 | 19,771 | ||||||
Series 41
|
55,497 | 39,058 | ||||||
Series 42
|
118,874 | 25,452 | ||||||
Series 43
|
119,572 | 17,094 | ||||||
Series 44
|
17,028 | 36,350 | ||||||
Series 45
|
25,153 | 37,944 | ||||||
Series 46
|
35,980 | 22,343 | ||||||
$ | 1,237,031 | $ | 1,339,629 |
2011
|
2010
|
|||||||
Series 20
|
$ | 965,000 | $ | 50,000 | ||||
Series 21
|
50,000 | 600,000 | ||||||
Series 22
|
550,000 | - | ||||||
Series 23
|
550,000 | - | ||||||
Series 24
|
100,000 | 75,000 | ||||||
Series 25
|
400,000 | 100,000 | ||||||
Series 26
|
1,400,000 | 200,000 | ||||||
Series 27
|
1,400,000 | - | ||||||
Series 28
|
50,000 | 25,000 | ||||||
Series 29
|
- | - | ||||||
Series 30
|
- | - | ||||||
Series 31
|
- | - | ||||||
Series 32
|
400,000 | - | ||||||
Series 33
|
- | - | ||||||
Series 34
|
- | - | ||||||
Series 35
|
- | - | ||||||
Series 36
|
- | - | ||||||
Series 37
|
- | - | ||||||
Series 38
|
- | 100,000 | ||||||
Series 39
|
- | 50,000 | ||||||
Series 40
|
- | - | ||||||
Series 41
|
300,000 | - | ||||||
Series 42
|
- | 100,000 | ||||||
Series 43
|
- | 25,000 | ||||||
Series 44
|
- | 200,000 | ||||||
Series 45
|
100,000 | 350,000 | ||||||
Series 46
|
- | 200,000 | ||||||
$ | 6,265,000 | $ | 2,075,000 |
2011
|
2010
|
|||||||
Series 20
|
$ | - | $ | - | ||||
Series 21
|
108,007 | 108,007 | ||||||
Series 22
|
53,627 | 51,981 | ||||||
Series 23
|
64,156 | 62,510 | ||||||
Series 24
|
- | - | ||||||
Series 25
|
- | - | ||||||
Series 26
|
- | - | ||||||
Series 27
|
54,128 | 54,128 | ||||||
Series 28
|
- | - | ||||||
Series 29
|
- | - | ||||||
Series 30
|
- | - | ||||||
Series 31
|
- | - | ||||||
Series 32
|
- | - | ||||||
Series 33
|
54,660 | 48,550 | ||||||
Series 34
|
80,287 | 62,914 | ||||||
Series 35
|
- | - | ||||||
Series 36
|
129,612 | 123,590 | ||||||
Series 37
|
- | - | ||||||
Series 38
|
69,191 | 69,191 | ||||||
Series 39
|
220,455 | 220,455 | ||||||
Series 40
|
337,528 | 325,546 | ||||||
Series 41
|
359,757 | 359,757 | ||||||
Series 42
|
221,615 | 221,615 | ||||||
Series 43
|
51,482 | 51,482 | ||||||
Series 44
|
- | - | ||||||
Series 45
|
- | - | ||||||
Series 46
|
- | - | ||||||
$ | 1,804,505 | $ | 1,759,726 |
2011
|
2010
|
|||||||
Series 20
|
$ | 16,960 | $ | 15,913 | ||||
Series 21
|
12,885 | 11,268 | ||||||
Series 22
|
14,530 | 14,465 | ||||||
Series 23
|
15,050 | 14,784 | ||||||
Series 24
|
14,599 | 12,891 | ||||||
Series 25
|
15,625 | 13,857 | ||||||
Series 26
|
18,926 | 18,120 | ||||||
Series 27
|
13,004 | 12,332 | ||||||
Series 28
|
17,496 | 17,801 | ||||||
Series 29
|
17,166 | 17,513 | ||||||
Series 30
|
14,588 | 15,033 | ||||||
Series 31
|
17,688 | 18,012 | ||||||
Series 32
|
17,384 | 17,445 | ||||||
Series 33
|
15,619 | 14,032 | ||||||
Series 34
|
17,373 | 15,696 | ||||||
Series 35
|
16,823 | 15,180 | ||||||
Series 36
|
15,187 | 13,554 | ||||||
Series 37
|
15,014 | 17,244 | ||||||
Series 38
|
15,539 | 17,761 | ||||||
Series 39
|
14,940 | 17,127 | ||||||
Series 40
|
16,386 | 18,247 | ||||||
Series 41
|
17,657 | 19,773 | ||||||
Series 42
|
18,561 | 20,734 | ||||||
Series 43
|
18,996 | 21,667 | ||||||
Series 44
|
16,069 | 19,394 | ||||||
Series 45
|
21,100 | 23,251 | ||||||
Series 46
|
17,822 | 19,330 | ||||||
$ | 442,987 | $ | 452,424 |
2011
|
2010
|
|||||||
Series 20
|
17 | 21 | ||||||
Series 21
|
9 | 10 | ||||||
Series 22
|
22 | 25 | ||||||
Series 23
|
16 | 20 | ||||||
Series 24
|
20 | 20 | ||||||
Series 25
|
16 | 20 | ||||||
Series 26
|
40 | 43 | ||||||
Series 27
|
15 | 16 | ||||||
Series 28
|
26 | 26 | ||||||
Series 29
|
21 | 21 | ||||||
Series 30
|
17 | 18 | ||||||
Series 31
|
26 | 26 | ||||||
Series 32
|
15 | 16 | ||||||
Series 33
|
9 | 10 | ||||||
Series 34
|
14 | 14 | ||||||
Series 35
|
11 | 11 | ||||||
Series 36
|
11 | 11 | ||||||
Series 37
|
7 | 7 | ||||||
Series 38
|
10 | 10 | ||||||
Series 39
|
9 | 9 | ||||||
Series 40
|
16 | 16 | ||||||
Series 41
|
20 | 21 | ||||||
Series 42
|
22 | 22 | ||||||
Series 43
|
23 | 23 | ||||||
Series 44
|
10 | 10 | ||||||
Series 45
|
30 | 30 | ||||||
Series 46
|
15 | 15 | ||||||
467 | 491 |
Operating
Partnership
Interest
Transferred
|
Sale of
Underlying
Operating
Partnership
|
Partnership
Proceeds from
Disposition
|
Gain/(Loss) on
Disposition
|
||||||||||||||
Series 20
|
4 | - | $ | 921,489 | $ | 921,489 | |||||||||||
Series 21
|
- | 1 | 25,729 | 25,729 | |||||||||||||
Series 22
|
3 | - | 754,900 | 754,900 | |||||||||||||
Series 23
|
4 | - | 688,724 | 688,724 | |||||||||||||
Series 25
|
3 | 1 | 469,513 | 469,513 | |||||||||||||
Series 26
|
3 | - | 1,451,966 | 1,451,966 | |||||||||||||
Series 27
|
1 | - | 1,638,582 | (682,853 | ) | ||||||||||||
Series 30
|
1 | - | 151,341 | 151,341 | |||||||||||||
* |
Series 32
|
1 | - | 559,998 | 559,998 | ||||||||||||
Series 33
|
1 | - | 60,000 | 60,000 | |||||||||||||
Series 41
|
1 | - | 380,726 | 380,726 | |||||||||||||
Total
|
22 | 2 | $ | 7,102,968 | $ | 4,781,533 |
Operating
Partnership
Interest
Transferred
|
Sale of
Underlying
Operating
Partnership
|
Partnership
Proceeds from
Disposition
|
Gain/(Loss) on
Disposition
|
|||||||||||||
Series 20
|
1 | - | $ | 10,168 | $ | 10,168 | ||||||||||
Series 21
|
3 | - | 732,319 | 634,441 | ||||||||||||
Series 22
|
4 | - | 60,867 | 60,867 | ||||||||||||
Series 23
|
2 | - | 38,225 | 38,225 | ||||||||||||
Series 24
|
4 | - | 107,945 | 107,945 | ||||||||||||
Series 25
|
2 | - | 38,836 | 38,836 | ||||||||||||
Series 26
|
2 | - | - | - | ||||||||||||
Series 42
|
1 | - | - | - | ||||||||||||
Total
|
19 | - | $ | 988,360 | $ | 890,482 |
2011
|
2010
|
|||||||
Series 20
|
$ | - | $ | - | ||||
Series 21
|
- | - | ||||||
Series 22
|
9,352 | 9,352 | ||||||
Series 23
|
- | - | ||||||
Series 24
|
9,999 | 9,999 | ||||||
Series 25
|
10,001 | 10,001 | ||||||
Series 26
|
14,490 | 14,490 | ||||||
Series 27
|
22,861 | 22,861 | ||||||
Series 28
|
40,968 | 40,968 | ||||||
Series 29
|
10,197 | 10,197 | ||||||
Series 30
|
127,396 | 127,396 | ||||||
Series 31
|
66,294 | 66,294 | ||||||
Series 32
|
173,561 | 173,561 | ||||||
Series 33
|
69,154 | 69,154 | ||||||
Series 34
|
- | - | ||||||
Series 35
|
- | - | ||||||
Series 36
|
- | - | ||||||
Series 37
|
138,438 | 138,438 | ||||||
Series 38
|
- | - | ||||||
Series 39
|
- | - | ||||||
Series 40
|
102 | 102 | ||||||
Series 41
|
100 | 100 | ||||||
Series 42
|
73,433 | 452,937 | ||||||
Series 43
|
121,112 | 307,738 | ||||||
Series 44
|
254,640 | 590,561 | ||||||
Series 45
|
16,724 | 16,724 | ||||||
Series 46
|
- | 20,138 | ||||||
$ | 1,158,822 | $ | 2,081,011 |
Total
|
Series 20
|
Series 21
|
||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs
|
$ | 535,997,243 | $ | 13,968,992 | $ | 5,810,495 | ||||||
Acquisition costs of operating limited partnerships
|
38,607,209 | 1,867,122 | 926,155 | |||||||||
Cumulative distributions from operating limited partnerships
|
(3,157,011 | ) | (39,171 | ) | (23,970 | ) | ||||||
Cumulative impairment loss in investments in operating limited partnerships
|
(227,774,198 | ) | (4,628,785 | ) | (558,938 | ) | ||||||
Cumulative losses from operating limited partnerships
|
(296,442,027 | ) | (11,168,158 | ) | (6,153,742 | ) | ||||||
Investments in operating limited partnerships per balance sheet
|
47,231,216 | - | - |
Total
|
Series 20
|
Series 21
|
||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2011 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2010 (see note A).
|
(3,314,827 | ) | - | - | ||||||||
The Fund has recorded acquisition costs at March 31, 2011 which have not been recorded in the net assets of the operating limited partnerships (see note A).
|
(4,745,848 | ) | (58,253 | ) | - | |||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A).
|
1,934,902 | 159,224 | 351,701 | |||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A).
|
(69,799,719 | ) | (4,390,990 | ) | (3,194,073 | ) | ||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A).
|
1,647,827 | 93,268 | 14,958 | |||||||||
Cumulative impairment loss in investments in operating limited partnerships
|
227,774,198 | 4,628,785 | 558,938 | |||||||||
Other
|
(2,621,766 | ) | (41,573 | ) | (46,953 | ) | ||||||
Equity per operating limited partnerships’ combined financial statements
|
$ | 198,105,983 | $ | 390,461 | $ | (2,315,429 | ) |
Series 22
|
Series 23
|
Series 24
|
||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs
|
$ | 14,885,856 | $ | 17,217,528 | $ | 12,091,171 | ||||||
Acquisition costs of operating limited partnerships
|
2,052,168 | 2,539,187 | 1,686,157 | |||||||||
Cumulative distributions from operating limited partnerships
|
(72,218 | ) | (25,544 | ) | (116,661 | ) | ||||||
Cumulative impairment loss in investments in operating limited partnerships
|
(5,199,302 | ) | (9,088,660 | ) | (4,342,280 | ) | ||||||
Cumulative losses from operating limited partnerships
|
(11,666,504 | ) | (10,642,511 | ) | (9,318,387 | ) | ||||||
Investments in operating limited partnerships per balance sheet
|
- | - | - |
Series 22
|
Series 23
|
Series 24
|
||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2011 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2010 (see note A).
|
(481,359 | ) | (11,581 | ) | (30,158 | ) | ||||||
The Fund has recorded acquisition costs at March 31, 2011 which have not been recorded in the net assets of the operating limited partnerships (see note A).
|
(258,235 | ) | (62,597 | ) | (406,662 | ) | ||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A).
|
192,813 | 148,731 | 81,405 | |||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A).
|
(5,943,983 | ) | (3,329,750 | ) | (3,647,829 | ) | ||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A).
|
107,392 | 34,901 | 61,209 | |||||||||
Cumulative impairment loss in investments in operating limited partnerships
|
5,199,302 | 9,088,660 | 4,342,280 | |||||||||
Other
|
(246,993 | ) | (69,436 | ) | 52,967 | |||||||
Equity per operating limited partnerships’ combined financial statements
|
$ | (1,431,063 | ) | $ | 5,798,928 | $ | 453,212 |
Series 25
|
Series 26
|
Series 27
|
||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs
|
$ | 13,833,721 | $ | 24,396,440 | $ | 14,004,581 | ||||||
Acquisition costs of operating limited partnerships
|
2,018,536 | 3,440,871 | 2,051,185 | |||||||||
Cumulative distributions from operating limited partnerships
|
(235,378 | ) | (178,995 | ) | (60,579 | ) | ||||||
Cumulative impairment loss in investments in operating limited partnerships
|
(7,580,319 | ) | (11,189,730 | ) | (6,874,310 | ) | ||||||
Cumulative losses from operating limited partnerships
|
(8,036,560 | ) | (16,468,586 | ) | (9,120,877 | ) | ||||||
Investments in operating limited partnerships per balance sheet
|
- | - | - |
Series 25
|
Series 26
|
Series 27
|
||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2011 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2010 (see note A).
|
(68,619 | ) | (70,670 | ) | (286,388 | ) | ||||||
The Fund has recorded acquisition costs at March 31, 2011 which have not been recorded in the net assets of the operating limited partnerships (see note A).
|
(195,666 | ) | (73,143 | ) | (369,748 | ) | ||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A).
|
93,998 | 120,610 | 266,164 | |||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A).
|
(5,523,117 | ) | (5,096,582 | ) | (1,850,649 | ) | ||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A).
|
23,152 | 187,072 | 41,321 | |||||||||
Cumulative impairment loss in investments in operating limited partnerships
|
7,580,319 | 11,189,730 | 6,874,310 | |||||||||
Other
|
(449,038 | ) | (268,291 | ) | (115,513 | ) | ||||||
Equity per operating limited partnerships’ combined financial statements
|
$ | 1,461,029 | $ | 5,988,726 | $ | 4,559,497 |
Series 28
|
Series 29
|
Series 30
|
||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs
|
$ | 28,566,056 | $ | 28,419,361 | $ | 14,875,401 | ||||||
Acquisition costs of operating limited partnerships
|
4,191,674 | 4,100,111 | 1,579,476 | |||||||||
Cumulative distributions from operating limited partnerships
|
(578,942 | ) | (26,816 | ) | (53,204 | ) | ||||||
Cumulative impairment loss in investments in operating limited partnerships
|
(17,807,948 | ) | (10,917,337 | ) | (6,586,053 | ) | ||||||
Cumulative losses from operating limited partnerships
|
(14,370,840 | ) | (21,575,319 | ) | (9,815,620 | ) | ||||||
Investments in operating limited partnerships per balance sheet
|
- | - | - |
Series 28
|
Series 29
|
Series 30
|
||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2011 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2010 (see note A).
|
(289,605 | ) | (158,645 | ) | (135,225 | ) | ||||||
The Fund has recorded acquisition costs at March 31, 2011 which have not been recorded in the net assets of the operating limited partnerships (see note A).
|
(665,053 | ) | (596,128 | ) | (235,701 | ) | ||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A).
|
129,668 | 265,241 | - | |||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A).
|
(2,211,713 | ) | (5,003,158 | ) | (3,614,190 | ) | ||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A).
|
116,284 | 7,039 | 7,712 | |||||||||
Cumulative impairment loss in investments in operating limited partnerships
|
17,807,948 | 10,917,337 | 6,586,053 | |||||||||
Other
|
(254,372 | ) | (84,208 | ) | 9,630 | |||||||
Equity per operating limited partnerships’ combined financial statements
|
$ | 14,633,157 | $ | 5,347,478 | $ | 2,618,279 |
Series 31
|
Series 32
|
Series 33
|
||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs
|
$ | 29,153,095 | $ | 29,700,384 | $ | 16,201,012 | ||||||
Acquisition costs of operating limited partnerships
|
4,199,795 | 3,834,299 | 1,554,163 | |||||||||
Cumulative distributions from operating limited partnerships
|
(66,005 | ) | (101,211 | ) | (30,285 | ) | ||||||
Cumulative impairment loss in investments in operating limited partnerships
|
(15,337,400 | ) | (14,747,021 | ) | (10,148,264 | ) | ||||||
Cumulative losses from operating limited partnerships
|
(17,917,709 | ) | (18,633,657 | ) | (7,576,626 | ) | ||||||
Investments in operating limited partnerships per balance sheet
|
31,776 | 52,794 | - |
Series 31
|
Series 32
|
Series 33
|
||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2011 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2010 (see note A).
|
(67,462 | ) | (292,046 | ) | (179,468 | ) | ||||||
The Fund has recorded acquisition costs at March 31, 2011 which have not been recorded in the net assets of the operating limited partnerships (see note A).
|
(77,600 | ) | (1,284,335 | ) | (167,193 | ) | ||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A).
|
125,347 | - | - | |||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A).
|
(4,506,357 | ) | (2,827,815 | ) | (846,730 | ) | ||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A).
|
43,473 | 38,357 | 9,684 | |||||||||
Cumulative impairment loss in investments in operating limited partnerships
|
15,337,400 | 14,747,021 | 10,148,264 | |||||||||
Other
|
(324,850 | ) | 371,828 | (14,426 | ) | |||||||
Equity per operating limited partnerships’ combined financial statements
|
$ | 10,561,727 | $ | 10,805,804 | $ | 8,950,131 |
Series 34
|
Series 35
|
Series 36
|
||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs
|
$ | 25,641,952 | $ | 23,763,922 | $ | 15,262,574 | ||||||
Acquisition costs of operating limited partnerships
|
2,566,310 | - | - | |||||||||
Cumulative distributions from operating limited partnerships
|
(26,077 | ) | (30,262 | ) | (112,542 | ) | ||||||
Cumulative impairment loss in investments in operating limited partnerships
|
(11,515,855 | ) | (12,335,090 | ) | (7,631,014 | ) | ||||||
Cumulative losses from operating limited partnerships
|
(16,666,330 | ) | (11,305,079 | ) | (7,461,312 | ) | ||||||
Investments in operating limited partnerships per balance sheet
|
- | 93,491 | 57,706 |
Series 34
|
Series 35
|
Series 36
|
||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2011 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2010 (see note A).
|
(38,698 | ) | - | (14,791 | ) | |||||||
The Fund has recorded acquisition costs at March 31, 2011 which have not been recorded in the net assets of the operating limited partnerships (see note A).
|
(295,534 | ) | - | - | ||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A).
|
- | - | - | |||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A).
|
(6,024,334 | ) | (1,402,962 | ) | (2,991,705 | ) | ||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A).
|
6,464 | 78,017 | 1,370 | |||||||||
Cumulative impairment loss in investments in operating limited partnerships
|
11,515,855 | 12,335,090 | 7,631,014 | |||||||||
Other
|
(156,910 | ) | (20,063 | ) | (37,618 | ) | ||||||
Equity per operating limited partnerships’ combined financial statements
|
$ | 5,006,843 | $ | 11,083,573 | $ | 4,645,976 |
Series 37
|
Series 38
|
Series 39
|
||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs
|
$ | 18,424,489 | $ | 18,852,167 | $ | 16,699,847 | ||||||
Acquisition costs of operating limited partnerships
|
- | - | - | |||||||||
Cumulative distributions from operating limited partnerships
|
(198,866 | ) | (455,853 | ) | (201,869 | ) | ||||||
Cumulative impairment loss in investments in operating limited partnerships
|
(8,573,117 | ) | (9,674,189 | ) | (6,518,542 | ) | ||||||
Cumulative losses from operating limited partnerships
|
(9,616,027 | ) | (7,722,602 | ) | (8,601,270 | ) | ||||||
Investments in operating limited partnerships per balance sheet
|
36,479 | 999,523 | 1,378,166 |
Series 37
|
Series 38
|
Series 39
|
||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2011 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2010 (see note A).
|
(155,365 | ) | - | - | ||||||||
The Fund has recorded acquisition costs at March 31, 2011 which have not been recorded in the net assets of the operating limited partnerships (see note A).
|
- | - | - | |||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A).
|
- | - | - | |||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A).
|
(1,790,131 | ) | (26,361 | ) | (24,870 | ) | ||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A).
|
303,810 | 59,461 | 279,219 | |||||||||
Cumulative impairment loss in investments in operating limited partnerships
|
8,573,117 | 9,674,189 | 6,518,542 | |||||||||
Other
|
74,240 | (206,103 | ) | (73,018 | ) | |||||||
Equity per operating limited partnerships’ combined financial statements
|
$ | 7,042,150 | $ | 10,500,709 | $ | 8,078,039 |
Series 40
|
Series 41
|
Series 42
|
||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs
|
$ | 19,336,992 | $ | 17,340,487 | $ | 19,777,849 | ||||||
Acquisition costs of operating limited partnerships
|
- | - | - | |||||||||
Cumulative distributions from operating limited partnerships
|
(50,444 | ) | (40,800 | ) | (26,241 | ) | ||||||
Cumulative impairment loss in investments in operating limited partnerships
|
(8,603,775 | ) | (5,210,063 | ) | (7,344,121 | ) | ||||||
Cumulative losses from operating limited partnerships
|
(8,191,698 | ) | (9,278,040 | ) | (8,666,686 | ) | ||||||
Investments in operating limited partnerships per balance sheet
|
2,491,075 | 2,811,584 | 3,740,801 |
Series 40
|
Series 41
|
Series 42
|
||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2011 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2010 (see note A).
|
(25,172 | ) | (33,807 | ) | (439,845 | ) | ||||||
The Fund has recorded acquisition costs at March 31, 2011 which have not been recorded in the net assets of the operating limited partnerships (see note A).
|
- | - | - | |||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A).
|
- | - | - | |||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A).
|
(97,664 | ) | (688,361 | ) | (822,137 | ) | ||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A).
|
78,811 | 1,049 | 20,012 | |||||||||
Cumulative impairment loss in investments in operating limited partnerships
|
8,603,775 | 5,210,063 | 7,344,121 | |||||||||
Other
|
(171,528 | ) | (231,438 | ) | (82,015 | ) | ||||||
Equity per operating limited partnerships’ combined financial statements
|
$ | 10,879,297 | $ | 7,069,090 | $ | 9,760,937 |
Series 43
|
Series 44
|
Series 45
|
||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs
|
$ | 26,617,048 | $ | 19,383,213 | $ | 29,449,544 | ||||||
Acquisition costs of operating limited partnerships
|
- | - | - | |||||||||
Cumulative distributions from operating limited partnerships
|
(165,487 | ) | (32,647 | ) | (164,606 | ) | ||||||
Cumulative impairment loss in investments in operating limited partnerships
|
(7,522,774 | ) | (5,000,278 | ) | (7,418,185 | ) | ||||||
Cumulative losses from operating limited partnerships
|
(12,315,639 | ) | (9,145,185 | ) | (9,779,983 | ) | ||||||
Investments in operating limited partnerships per balance sheet
|
6,613,148 | 5,205,103 | 12,086,770 |
Series 43
|
Series 44
|
Series 45
|
||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2011 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2010 (see note A).
|
(143,165 | ) | (255,844 | ) | (129,725 | ) | ||||||
The Fund has recorded acquisition costs at March 31, 2011 which have not been recorded in the net assets of the operating limited partnerships (see note A).
|
- | - | - | |||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A).
|
- | - | - | |||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A).
|
(1,578,414 | ) | (2,154,981 | ) | (210,863 | ) | ||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A).
|
- | 454 | 28,744 | |||||||||
Cumulative impairment loss in investments in operating limited partnerships
|
7,522,774 | 5,000,278 | 7,418,185 | |||||||||
Other
|
(71,078 | ) | (125,328 | ) | (36,689 | ) | ||||||
Equity per operating limited partnerships’ combined financial statements
|
$ | 12,343,265 | $ | 7,669,682 | $ | 19,156,422 |
Series 46
|
||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs
|
$ | 22,323,066 | ||
Acquisition costs of operating limited partnerships
|
- | |||
Cumulative distributions from operating limited partnerships
|
(42,338 | ) | ||
Cumulative impairment loss in investments in operating limited partnerships
|
(5,420,848 | ) | ||
Cumulative losses from operating limited partnerships
|
(5,227,080 | ) | ||
Investments in operating limited partnerships per balance sheet
|
11,632,800 |
Series 46
|
||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2011 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2010 (see note A).
|
(7,189 | ) | ||
The Fund has recorded acquisition costs at March 31, 2011 which have not been recorded in the net assets of the operating limited partnerships (see note A).
|
- | |||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A).
|
- | |||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A).
|
- | |||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A).
|
4,594 | |||
Cumulative impairment loss in investments in operating limited partnerships
|
5,420,848 | |||
Other
|
(2,990 | ) | ||
Equity per operating limited partnerships’ combined financial statements
|
$ | 17,048,063 |
Total
|
Series 20
|
Series 21
|
||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs
|
$ | 565,679,591 | $ | 24,497,592 | $ | 6,707,965 | ||||||
Acquisition costs of operating limited partnerships
|
42,532,363 | 3,519,231 | 1,061,185 | |||||||||
Cumulative distributions from operating limited partnerships
|
(7,526,592 | ) | (3,612,833 | ) | (25,500 | ) | ||||||
Cumulative impairment loss in investments in operating limited partnerships
|
(226,406,734 | ) | (5,812,210 | ) | (709,601 | ) | ||||||
Cumulative losses from operating limited partnerships
|
(294,675,300 | ) | (18,591,780 | ) | (7,034,049 | ) | ||||||
Investments in operating limited partnerships per balance sheet
|
79,603,328 | - | - |
Total
|
Series 20
|
Series 21
|
||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2010 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2009 (see note A).
|
(3,952,220 | ) | - | (236,474 | ) | |||||||
The Fund has recorded acquisition costs at March 31, 2010 which have not been recorded in the net assets of the operating limited partnerships (see note A).
|
(5,842,119 | ) | (444,246 | ) | (110,624 | ) | ||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A).
|
2,077,480 | 268,202 | 399,312 | |||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A).
|
(50,576,578 | ) | (4,276,869 | ) | (3,920,551 | ) | ||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A).
|
1,904,491 | 248,984 | 69,368 | |||||||||
Cumulative impairment loss in investments in operating limited partnerships
|
226,406,734 | 5,812,210 | 709,601 | |||||||||
Other
|
(3,995,313 | ) | (219,097 | ) | (22,747 | ) | ||||||
Equity per operating limited partnerships’ combined financial statements
|
$ | 245,625,803 | $ | 1,389,184 | $ | (3,112,115 | ) |
Series 22
|
Series 23
|
Series 24
|
||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs
|
$ | 17,039,728 | $ | 21,740,288 | $ | 12,091,171 | ||||||
Acquisition costs of operating limited partnerships
|
2,363,062 | 3,206,851 | 1,686,157 | |||||||||
Cumulative distributions from operating limited partnerships
|
(90,218 | ) | (54,013 | ) | (116,661 | ) | ||||||
Cumulative impairment loss in investments in operating limited partnerships
|
(6,519,050 | ) | (11,704,924 | ) | (4,336,246 | ) | ||||||
Cumulative losses from operating limited partnerships
|
(12,793,522 | ) | (13,188,202 | ) | (9,324,421 | ) | ||||||
Investments in operating limited partnerships per balance sheet
|
- | - | - |
Series 22
|
Series 23
|
Series 24
|
||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2010 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2009 (see note A).
|
(481,359 | ) | (11,581 | ) | (30,158 | ) | ||||||
The Fund has recorded acquisition costs at March 31, 2010 which have not been recorded in the net assets of the operating limited partnerships (see note A).
|
(484,368 | ) | (436,119 | ) | (406,662 | ) | ||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A).
|
203,385 | 152,590 | 81,405 | |||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A).
|
(5,077,203 | ) | (3,145,170 | ) | (3,060,446 | ) | ||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A).
|
107,392 | 46,426 | 61,209 | |||||||||
Cumulative impairment loss in investments in operating limited partnerships
|
6,519,050 | 11,704,924 | 4,336,246 | |||||||||
Other
|
(262,177 | ) | (84,499 | ) | 98,505 | |||||||
Equity per operating limited partnerships’ combined financial statements
|
$ | 524,720 | $ | 8,226,571 | $ | 1,080,099 |
Series 25
|
Series 26
|
Series 27
|
||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs
|
$ | 16,634,468 | $ | 26,620,282 | $ | 16,909,156 | ||||||
Acquisition costs of operating limited partnerships
|
2,235,209 | 3,760,739 | 2,467,629 | |||||||||
Cumulative distributions from operating limited partnerships
|
(253,269 | ) | (498,297 | ) | (127,103 | ) | ||||||
Cumulative impairment loss in investments in operating limited partnerships
|
(9,276,439 | ) | (17,408,272 | ) | (10,747,592 | ) | ||||||
Cumulative losses from operating limited partnerships
|
(9,339,969 | ) | (12,474,452 | ) | (6,159,939 | ) | ||||||
Investments in operating limited partnerships per balance sheet
|
- | - | 2,342,151 |
Series 25
|
Series 26
|
Series 27
|
||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2010 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2009 (see note A).
|
(68,619 | ) | (108,982 | ) | (286,388 | ) | ||||||
The Fund has recorded acquisition costs at March 31, 2010 which have not been recorded in the net assets of the operating limited partnerships (see note A).
|
(195,666 | ) | (73,142 | ) | (369,748 | ) | ||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A).
|
126,188 | 120,610 | 205,532 | |||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A).
|
(5,534,834 | ) | (4,015,497 | ) | (1,492,182 | ) | ||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A).
|
48,848 | 187,072 | 41,321 | |||||||||
Cumulative impairment loss in investments in operating limited partnerships
|
9,276,439 | 17,408,272 | 10,747,592 | |||||||||
Other
|
(265,217 | ) | (303,860 | ) | (158,183 | ) | ||||||
Equity per operating limited partnerships’ combined financial statements
|
$ | 3,387,139 | $ | 13,214,473 | $ | 11,030,095 |
Series 28
|
Series 29
|
Series 30
|
||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs
|
$ | 28,566,056 | $ | 28,419,361 | $ | 15,301,412 | ||||||
Acquisition costs of operating limited partnerships
|
4,191,674 | 4,100,111 | 1,640,751 | |||||||||
Cumulative distributions from operating limited partnerships
|
(578,942 | ) | (26,816 | ) | (199,590 | ) | ||||||
Cumulative impairment loss in investments in operating limited partnerships
|
(17,737,386 | ) | (10,917,337 | ) | (8,061,818 | ) | ||||||
Cumulative losses from operating limited partnerships
|
(14,441,402 | ) | (21,550,924 | ) | (8,597,713 | ) | ||||||
Investments in operating limited partnerships per balance sheet
|
- | 24,395 | 83,042 |
Series 28
|
Series 29
|
Series 30
|
||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2010 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2009 (see note A).
|
(289,605 | ) | (158,645 | ) | (135,225 | ) | ||||||
The Fund has recorded acquisition costs at March 31, 2010 which have not been recorded in the net assets of the operating limited partnerships (see note A).
|
(665,053 | ) | (596,128 | ) | (235,701 | ) | ||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A).
|
129,668 | 265,241 | - | |||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A).
|
(1,078,508 | ) | (3,360,666 | ) | (1,007,974 | ) | ||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A).
|
116,284 | 7,039 | 7,712 | |||||||||
Cumulative impairment loss in investments in operating limited partnerships
|
17,737,386 | 10,917,337 | 8,061,818 | |||||||||
Other
|
(219,184 | ) | (76,338 | ) | (24,286 | ) | ||||||
Equity per operating limited partnerships’ combined financial statements
|
$ | 15,730,988 | $ | 7,022,235 | $ | 6,749,386 |
Series 31
|
Series 32
|
Series 33
|
||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs
|
$ | 29,153,095 | $ | 31,297,962 | $ | 16,705,741 | ||||||
Acquisition costs of operating limited partnerships
|
4,199,795 | 3,906,897 | 1,626,762 | |||||||||
Cumulative distributions from operating limited partnerships
|
(66,005 | ) | (101,211 | ) | (30,285 | ) | ||||||
Cumulative impairment loss in investments in operating limited partnerships
|
(15,170,789 | ) | (15,384,682 | ) | (10,291,840 | ) | ||||||
Cumulative losses from operating limited partnerships
|
(18,073,732 | ) | (19,020,214 | ) | (7,860,225 | ) | ||||||
Investments in operating limited partnerships per balance sheet
|
42,364 | 698,752 | 150,153 |
Series 31
|
Series 32
|
Series 33
|
||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2010 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2009 (see note A).
|
(138,370 | ) | (334,023 | ) | (179,468 | ) | ||||||
The Fund has recorded acquisition costs at March 31, 2010 which have not been recorded in the net assets of the operating limited partnerships (see note A).
|
(77,600 | ) | (1,284,335 | ) | (167,193 | ) | ||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A).
|
125,347 | - | - | |||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A).
|
(2,850,713 | ) | (1,616,565 | ) | (382,388 | ) | ||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A).
|
43,473 | 42,262 | 9,684 | |||||||||
Cumulative impairment loss in investments in operating limited partnerships
|
15,170,789 | 15,384,682 | 10,291,840 | |||||||||
Other
|
(329,880 | ) | (451,776 | ) | (8,382 | ) | ||||||
Equity per operating limited partnerships’ combined financial statements
|
$ | 11,985,410 | $ | 12,438,997 | $ | 9,714,246 |
Series 34
|
Series 35
|
Series 36
|
||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs
|
$ | 25,641,952 | $ | 23,763,922 | $ | 15,262,574 | ||||||
Acquisition costs of operating limited partnerships
|
2,566,310 | - | - | |||||||||
Cumulative distributions from operating limited partnerships
|
(26,077 | ) | (30,262 | ) | (98,902 | ) | ||||||
Cumulative impairment loss in investments in operating limited partnerships
|
(11,262,189 | ) | (10,461,943 | ) | (6,225,751 | ) | ||||||
Cumulative losses from operating limited partnerships
|
(16,467,846 | ) | (10,695,676 | ) | (7,125,174 | ) | ||||||
Investments in operating limited partnerships per balance sheet
|
452,150 | 2,576,041 | 1,812,747 |
Series 34
|
Series 35
|
Series 36
|
||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2010 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2009 (see note A).
|
(38,698 | ) | - | (14,791 | ) | |||||||
The Fund has recorded acquisition costs at March 31, 2010 which have not been recorded in the net assets of the operating limited partnerships (see note A).
|
(295,534 | ) | - | - | ||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A).
|
- | - | - | |||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A).
|
(1,522,530 | ) | (981,337 | ) | (2,329,999 | ) | ||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A).
|
6,464 | 78,017 | 1,370 | |||||||||
Cumulative impairment loss in investments in operating limited partnerships
|
11,262,189 | 10,461,943 | 6,225,751 | |||||||||
Other
|
(136,659 | ) | (12,663 | ) | (30,540 | ) | ||||||
Equity per operating limited partnerships’ combined financial statements
|
$ | 9,727,382 | $ | 12,122,001 | $ | 5,664,538 |
Series 37
|
Series 38
|
Series 39
|
||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs
|
$ | 18,513,938 | $ | 18,852,167 | $ | 16,699,847 | ||||||
Acquisition costs of operating limited partnerships
|
- | - | - | |||||||||
Cumulative distributions from operating limited partnerships
|
(151,697 | ) | (410,694 | ) | (189,115 | ) | ||||||
Cumulative impairment loss in investments in operating limited partnerships
|
(7,574,998 | ) | (7,521,557 | ) | (4,829,727 | ) | ||||||
Cumulative losses from operating limited partnerships
|
(9,387,062 | ) | (7,158,137 | ) | (7,710,901 | ) | ||||||
Investments in operating limited partnerships per balance sheet
|
1,400,181 | 3,761,779 | 3,970,104 |
Series 37
|
Series 38
|
Series 39
|
||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2010 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2009 (see note A).
|
(155,365 | ) | - | - | ||||||||
The Fund has recorded acquisition costs at March 31, 2010 which have not been recorded in the net assets of the operating limited partnerships (see note A).
|
- | - | - | |||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A).
|
- | - | - | |||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A).
|
(716,948 | ) | - | - | ||||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A).
|
303,810 | 59,461 | 279,219 | |||||||||
Cumulative impairment loss in investments in operating limited partnerships
|
7,574,998 | 7,521,557 | 4,829,727 | |||||||||
Other
|
(8,883 | ) | (181,817 | ) | (78,758 | ) | ||||||
Equity per operating limited partnerships’ combined financial statements
|
$ | 8,397,793 | $ | 11,160,980 | $ | 9,000,292 |
Series 40
|
Series 41
|
Series 42
|
||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs
|
$ | 19,336,992 | $ | 18,074,603 | $ | 19,777,849 | ||||||
Acquisition costs of operating limited partnerships
|
- | - | - | |||||||||
Cumulative distributions from operating limited partnerships
|
(49,769 | ) | (403,265 | ) | (25,236 | ) | ||||||
Cumulative impairment loss in investments in operating limited partnerships
|
(6,838,944 | ) | (4,120,934 | ) | (5,798,474 | ) | ||||||
Cumulative losses from operating limited partnerships
|
(7,590,104 | ) | (8,956,733 | ) | (8,319,079 | ) | ||||||
Investments in operating limited partnerships per balance sheet
|
4,858,175 | 4,593,671 | 5,635,060 |
Series 40
|
Series 41
|
Series 42
|
||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2010 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2009 (see note A).
|
(25,172 | ) | (33,807 | ) | (480,654 | ) | ||||||
The Fund has recorded acquisition costs at March 31, 2010 which have not been recorded in the net assets of the operating limited partnerships (see note A).
|
- | - | - | |||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A).
|
- | - | - | |||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A).
|
(12,174 | ) | (600,595 | ) | (779,836 | ) | ||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A).
|
78,811 | 1,049 | 47,033 | |||||||||
Cumulative impairment loss in investments in operating limited partnerships
|
6,838,944 | 4,120,934 | 5,798,474 | |||||||||
Other
|
(200,695 | ) | (306,871 | ) | (45,584 | ) | ||||||
Equity per operating limited partnerships’ combined financial statements
|
$ | 11,537,889 | $ | 7,774,381 | $ | 10,174,493 |
Series 43
|
Series 44
|
Series 45
|
||||||||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs
|
$ | 26,773,646 | $ | 19,487,253 | $ | 29,449,544 | ||||||
Acquisition costs of operating limited partnerships
|
- | - | - | |||||||||
Cumulative distributions from operating limited partnerships
|
(162,077 | ) | (26,919 | ) | (141,653 | ) | ||||||
Cumulative impairment loss in investments in operating limited partnerships
|
(5,563,126 | ) | (3,611,213 | ) | (4,972,399 | ) | ||||||
Cumulative losses from operating limited partnerships
|
(11,789,014 | ) | (8,064,623 | ) | (8,592,788 | ) | ||||||
Investments in operating limited partnerships per balance sheet
|
9,259,429 | 7,784,498 | 15,742,704 |
Series 43
|
Series 44
|
Series 45
|
||||||||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2010 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2009 (see note A).
|
(223,508 | ) | (373,551 | ) | (129,725 | ) | ||||||
The Fund has recorded acquisition costs at March 31, 2010 which have not been recorded in the net assets of the operating limited partnerships (see note A).
|
- | - | - | |||||||||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A).
|
- | - | - | |||||||||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A).
|
(1,287,962 | ) | (1,360,885 | ) | (164,746 | ) | ||||||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A).
|
- | (21,155 | ) | 28,744 | ||||||||
Cumulative impairment loss in investments in operating limited partnerships
|
5,563,126 | 3,611,213 | 4,972,399 | |||||||||
Other
|
(280,840 | ) | (325,819 | ) | (14,031 | ) | ||||||
Equity per operating limited partnerships’ combined financial statements
|
$ | 13,030,245 | $ | 9,314,301 | $ | 20,435,345 |
Series 46
|
||||
Capital contributions paid and to be paid to operating limited partnerships, net of tax credit adjusters and impairment of capitalized costs
|
$ | 22,361,027 | ||
Acquisition costs of operating limited partnerships
|
- | |||
Cumulative distributions from operating limited partnerships
|
(30,183 | ) | ||
Cumulative impairment loss in investments in operating limited partnerships
|
(3,547,293 | ) | ||
Cumulative losses from operating limited partnerships
|
(4,367,619 | ) | ||
Investments in operating limited partnerships per balance sheet
|
14,415,932 |
Series 46
|
||||
The Fund has recorded capital contributions to the operating limited partnerships during the year ended March 31, 2010 which have not been included in the partnership’s capital account included in the operating limited partnerships’ financial statements as of December 31, 2009 (see note A).
|
(18,052 | ) | ||
The Fund has recorded acquisition costs at March 31, 2010 which have not been recorded in the net assets of the operating limited partnerships (see note A).
|
- | |||
Cumulative losses from operating limited partnerships for the three months ended March 31, which the operating limited partnerships have not included in their capital as of December 31, due to different year ends (see note A).
|
- | |||
Equity in loss of operating limited partnerships not recognizable under the equity method of accounting (see note A).
|
- | |||
The Fund has recorded low-income housing tax credit adjusters not recorded by operating limited partnerships (see note A).
|
4,594 | |||
Cumulative impairment loss in investments in operating limited partnerships
|
3,547,293 | |||
Other
|
(45,032 | ) | ||
Equity per operating limited partnerships’ combined financial statements
|
$ | 17,904,735 |
Total
|
Series 20
|
Series 21
|
||||||||||
ASSETS
|
||||||||||||
Buildings and improvements, net of accumulated depreciation
|
$ | 1,185,687,649 | $ | 25,124,099 | $ | 12,573,978 | ||||||
Land
|
107,878,238 | 2,301,401 | 1,564,465 | |||||||||
Other assets
|
125,763,940 | 3,939,342 | 1,339,339 | |||||||||
$ | 1,419,329,827 | $ | 31,364,842 | $ | 15,477,782 | |||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Mortgages and construction loans payable
|
$ | 973,660,765 | $ | 27,391,263 | $ | 13,743,168 | ||||||
Accounts payable and accrued expenses
|
50,030,427 | 3,296,298 | 368,966 | |||||||||
Other liabilities
|
156,608,277 | 2,414,689 | 4,895,151 | |||||||||
1,180,299,469 | 33,102,250 | 19,007,285 | ||||||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Boston Capital Tax Credit Fund IV L.P.
|
198,105,983 | 390,461 | (2,315,429 | ) | ||||||||
Other partners
|
40,924,375 | (2,127,869 | ) | (1,214,074 | ) | |||||||
239,030,358 | (1,737,408 | ) | (3,529,503 | ) | ||||||||
$ | 1,419,329,827 | $ | 31,364,842 | $ | 15,477,782 |
Series 22
|
Series 23
|
Series 24
|
||||||||||
ASSETS
|
||||||||||||
Buildings and improvements, net of accumulated depreciation
|
$ | 36,833,434 | $ | 35,513,204 | $ | 34,821,594 | ||||||
Land
|
3,835,556 | 3,257,094 | 3,511,379 | |||||||||
Other assets
|
4,642,328 | 4,735,110 | 4,702,520 | |||||||||
$ | 45,311,318 | $ | 43,505,408 | $ | 43,035,493 | |||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Mortgages and construction loans payable
|
$ | 39,713,625 | $ | 28,718,509 | $ | 34,679,699 | ||||||
Accounts payable and accrued expenses
|
4,283,298 | 6,827,958 | 2,071,965 | |||||||||
Other liabilities
|
8,457,697 | 5,255,633 | 5,608,560 | |||||||||
52,454,620 | 40,802,100 | 42,360,224 | ||||||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Boston Capital Tax Credit Fund IV L.P.
|
(1,431,063 | ) | 5,798,928 | 453,212 | ||||||||
Other partners
|
(5,712,239 | ) | (3,095,620 | ) | 222,057 | |||||||
(7,143,302 | ) | 2,703,308 | 675,269 | |||||||||
$ | 45,311,318 | $ | 43,505,408 | $ | 43,035,493 |
Series 25
|
Series 26
|
Series 27
|
||||||||||
ASSETS
|
||||||||||||
Buildings and improvements, net of accumulated depreciation
|
$ | 33,893,768 | $ | 48,128,940 | $ | 41,359,165 | ||||||
Land
|
2,818,519 | 4,051,128 | 4,755,394 | |||||||||
Other assets
|
7,294,012 | 7,829,086 | 4,807,064 | |||||||||
$ | 44,006,299 | $ | 60,009,154 | $ | 50,921,623 | |||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Mortgages and construction loans payable
|
$ | 32,300,851 | $ | 44,598,830 | $ | 33,944,244 | ||||||
Accounts payable and accrued expenses
|
1,438,326 | 3,132,628 | 899,978 | |||||||||
Other liabilities
|
7,353,164 | 4,972,900 | 7,687,836 | |||||||||
41,092,341 | 52,704,358 | 42,532,058 | ||||||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Boston Capital Tax Credit Fund IV L.P.
|
1,461,029 | 5,988,726 | 4,559,497 | |||||||||
Other partners
|
1,452,929 | 1,316,070 | 3,830,068 | |||||||||
2,913,958 | 7,304,796 | 8,389,565 | ||||||||||
$ | 44,006,299 | $ | 60,009,154 | $ | 50,921,623 |
Series 28
|
Series 29
|
Series 30
|
||||||||||
ASSETS
|
||||||||||||
Buildings and improvements, net of accumulated depreciation
|
$ | 50,735,714 | $ | 43,309,464 | $ | 26,706,428 | ||||||
Land
|
5,523,586 | 2,816,806 | 1,752,595 | |||||||||
Other assets
|
5,472,783 | 4,712,537 | 2,860,867 | |||||||||
$ | 61,732,083 | $ | 50,838,807 | $ | 31,319,890 | |||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Mortgages and construction loans payable
|
$ | 39,039,612 | $ | 37,406,351 | $ | 23,394,240 | ||||||
Accounts payable and accrued expenses
|
1,733,586 | 1,615,951 | 1,302,025 | |||||||||
Other liabilities
|
4,011,012 | 6,191,718 | 5,839,205 | |||||||||
44,784,210 | 45,214,020 | 30,535,470 | ||||||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Boston Capital Tax Credit Fund IV L.P.
|
14,633,157 | 5,347,478 | 2,618,279 | |||||||||
Other partners
|
2,314,716 | 277,309 | (1,833,859 | ) | ||||||||
16,947,873 | 5,624,787 | 784,420 | ||||||||||
$ | 61,732,083 | $ | 50,838,807 | $ | 31,319,890 |
Series 31
|
Series 32
|
Series 33
|
||||||||||
ASSETS
|
||||||||||||
Buildings and improvements, net of accumulated depreciation
|
$ | 49,808,667 | $ | 47,048,702 | $ | 39,281,460 | ||||||
Land
|
4,222,958 | 2,921,802 | 3,885,940 | |||||||||
Other assets
|
6,598,358 | 4,551,429 | 2,822,154 | |||||||||
$ | 60,629,983 | $ | 54,521,933 | $ | 45,989,554 | |||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Mortgages and construction loans payable
|
$ | 44,946,969 | $ | 32,929,213 | $ | 26,859,214 | ||||||
Accounts payable and accrued expenses
|
1,211,715 | 2,735,257 | 964,451 | |||||||||
Other liabilities
|
5,366,501 | 3,585,418 | 2,703,499 | |||||||||
51,525,185 | 39,249,888 | 30,527,164 | ||||||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Boston Capital Tax Credit Fund IV L.P.
|
10,561,727 | 10,805,804 | 8,950,131 | |||||||||
Other partners
|
(1,456,929 | ) | 4,466,241 | 6,512,259 | ||||||||
9,104,798 | 15,272,045 | 15,462,390 | ||||||||||
$ | 60,629,983 | $ | 54,521,933 | $ | 45,989,554 |
Series 34
|
Series 35
|
Series 36
|
||||||||||
ASSETS
|
||||||||||||
Buildings and improvements, net of accumulated depreciation
|
$ | 44,477,752 | $ | 41,990,764 | $ | 37,160,857 | ||||||
Land
|
4,889,205 | 3,734,936 | 2,791,180 | |||||||||
Other assets
|
4,569,409 | 3,432,760 | 3,484,781 | |||||||||
$ | 53,936,366 | $ | 49,158,460 | $ | 43,436,818 | |||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Mortgages and construction loans payable
|
$ | 42,392,025 | $ | 24,089,220 | $ | 35,285,812 | ||||||
Accounts payable and accrued expenses
|
2,204,398 | 1,131,698 | 1,531,936 | |||||||||
Other liabilities
|
6,774,142 | 8,651,223 | 3,472,678 | |||||||||
51,370,565 | 33,872,141 | 40,290,426 | ||||||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Boston Capital Tax Credit Fund IV L.P.
|
5,006,843 | 11,083,573 | 4,645,976 | |||||||||
Other partners
|
(2,441,042 | ) | 4,202,746 | (1,499,584 | ) | |||||||
2,565,801 | 15,286,319 | 3,146,392 | ||||||||||
$ | 53,936,366 | $ | 49,158,460 | $ | 43,436,818 |
Series 37
|
Series 38
|
Series 39
|
||||||||||
ASSETS
|
||||||||||||
Buildings and improvements, net of accumulated depreciation
|
$ | 36,574,721 | $ | 28,656,496 | $ | 24,194,294 | ||||||
Land
|
2,423,561 | 2,144,257 | 1,801,039 | |||||||||
Other assets
|
3,147,033 | 2,369,434 | 2,036,394 | |||||||||
$ | 42,145,315 | $ | 33,170,187 | $ | 28,031,727 | |||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Mortgages and construction loans payable
|
$ | 28,829,074 | $ | 17,351,630 | $ | 13,848,504 | ||||||
Accounts payable and accrued expenses
|
2,887,318 | 286,902 | 461,998 | |||||||||
Other liabilities
|
3,550,056 | 2,276,469 | 2,292,990 | |||||||||
35,266,448 | 19,915,001 | 16,603,492 | ||||||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Boston Capital Tax Credit Fund IV L.P.
|
7,042,150 | 10,500,709 | 8,078,039 | |||||||||
Other partners
|
(163,283 | ) | 2,754,477 | 3,350,196 | ||||||||
6,878,867 | 13,255,186 | 11,428,235 | ||||||||||
$ | 42,145,315 | $ | 33,170,187 | $ | 28,031,727 |
Series 40
|
Series 41
|
Series 42
|
||||||||||
ASSETS
|
||||||||||||
Buildings and improvements, net of accumulated depreciation
|
$ | 59,104,464 | $ | 71,403,042 | $ | 66,308,765 | ||||||
Land
|
5,081,041 | 8,000,805 | 7,582,655 | |||||||||
Other assets
|
4,285,734 | 6,618,473 | 7,467,044 | |||||||||
$ | 68,471,239 | $ | 86,022,320 | $ | 81,358,464 | |||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Mortgages and construction loans payable
|
$ | 47,032,390 | $ | 62,397,070 | $ | 51,224,552 | ||||||
Accounts payable and accrued expenses
|
1,141,307 | 1,002,078 | 2,836,413 | |||||||||
Other liabilities
|
7,533,612 | 9,801,587 | 10,804,124 | |||||||||
55,707,309 | 73,200,735 | 64,865,089 | ||||||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Boston Capital Tax Credit Fund IV L.P.
|
10,879,297 | 7,069,090 | 9,760,937 | |||||||||
Other partners
|
1,884,633 | 5,752,495 | 6,732,438 | |||||||||
12,763,930 | 12,821,585 | 16,493,375 | ||||||||||
$ | 68,471,239 | $ | 86,022,320 | $ | 81,358,464 |
Series 43
|
Series 44
|
Series 45
|
||||||||||
ASSETS
|
||||||||||||
Buildings and improvements, net of accumulated depreciation
|
$ | 65,112,203 | $ | 63,454,771 | $ | 77,907,950 | ||||||
Land
|
6,704,151 | 6,053,669 | 7,041,701 | |||||||||
Other assets
|
5,587,394 | 5,069,036 | 7,470,856 | |||||||||
$ | 77,403,748 | $ | 74,577,476 | $ | 92,420,507 | |||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Mortgages and construction loans payable
|
$ | 49,354,891 | $ | 56,620,220 | $ | 59,529,863 | ||||||
Accounts payable and accrued expenses
|
1,931,924 | 801,385 | 1,496,592 | |||||||||
Other liabilities
|
8,307,853 | 9,799,333 | 5,873,721 | |||||||||
59,594,668 | 67,220,938 | 66,900,176 | ||||||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Boston Capital Tax Credit Fund IV L.P.
|
12,343,265 | 7,669,682 | 19,156,422 | |||||||||
Other partners
|
5,465,815 | (313,144 | ) | 6,363,909 | ||||||||
17,809,080 | 7,356,538 | 25,520,331 | ||||||||||
$ | 77,403,748 | $ | 74,577,476 | $ | 92,420,507 |
Series 46
|
||||
ASSETS
|
||||
Buildings and improvements, net of accumulated depreciation
|
$ | 44,202,953 | ||
Land
|
2,411,415 | |||
Other assets
|
3,918,663 | |||
$ | 50,533,031 | |||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||
Mortgages and construction loans payable
|
$ | 26,039,726 | ||
Accounts payable and accrued expenses
|
434,076 | |||
Other liabilities
|
3,127,506 | |||
29,601,308 | ||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||
Boston Capital Tax Credit Fund IV L.P.
|
17,048,063 | |||
Other partners
|
3,883,660 | |||
20,931,723 | ||||
$ | 50,533,031 |
Total
|
Series 20
|
Series 21
|
||||||||||
ASSETS
|
||||||||||||
Buildings and improvements, net of accumulated depreciation
|
$ | 1,327,138,604 | $ | 48,233,757 | $ | 14,182,615 | ||||||
Land
|
121,627,163 | 6,083,660 | 1,626,465 | |||||||||
Other assets
|
141,366,927 | 8,233,542 | 1,199,108 | |||||||||
1,590,132,694 | $ | 62,550,959 | $ | 17,008,188 | ||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Mortgages and construction loans payable
|
$ | 1,070,798,751 | $ | 58,105,380 | $ | 14,451,289 | ||||||
Accounts payable and accrued expenses
|
54,320,584 | 3,590,233 | 1,526,066 | |||||||||
Other liabilities
|
155,078,441 | 3,856,348 | 4,972,668 | |||||||||
1,280,197,776 | $ | 65,551,961 | $ | 20,950,023 | ||||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Boston Capital Tax Credit Fund IV L.P.
|
245,625,803 | 1,389,184 | (3,112,115 | ) | ||||||||
Other partners
|
64,309,115 | (4,390,186 | ) | (829,720 | ) | |||||||
309,934,918 | (3,001,002 | ) | (3,941,835 | ) | ||||||||
$ | 1,590,132,694 | $ | 62,550,959 | $ | 17,008,188 |
Series 22
|
Series 23
|
Series 24
|
||||||||||
ASSETS
|
||||||||||||
Buildings and improvements, net of accumulated depreciation
|
$ | 46,658,465 | $ | 45,538,725 | $ | 36,823,822 | ||||||
Land
|
4,098,556 | 3,786,131 | 3,511,379 | |||||||||
Other assets
|
4,885,449 | 4,849,188 | 4,207,026 | |||||||||
55,642,470 | $ | 54,174,044 | $ | 44,542,227 | ||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Mortgages and construction loans payable
|
$ | 45,093,503 | $ | 35,051,936 | $ | 35,905,281 | ||||||
Accounts payable and accrued expenses
|
4,120,406 | 6,793,403 | 1,909,907 | |||||||||
Other liabilities
|
8,815,495 | 6,614,451 | 4,621,053 | |||||||||
58,029,404 | $ | 48,459,790 | $ | 42,436,241 | ||||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Boston Capital Tax Credit Fund IV L.P.
|
524,720 | 8,226,571 | 1,080,099 | |||||||||
Other partners
|
(2,911,654 | ) | (2,512,317 | ) | 1,025,887 | |||||||
(2,386,934 | ) | 5,714,254 | 2,105,986 | |||||||||
$ | 55,642,470 | $ | 54,174,044 | $ | 44,542,227 |
Series 25
|
Series 26
|
Series 27
|
||||||||||
ASSETS
|
||||||||||||
Buildings and improvements, net of accumulated depreciation
|
$ | 39,564,458 | $ | 59,251,039 | $ | 53,286,956 | ||||||
Land
|
3,229,460 | 5,111,128 | 6,005,394 | |||||||||
Other assets
|
8,220,209 | 10,945,283 | 7,773,045 | |||||||||
51,014,127 | $ | 75,307,450 | $ | 67,065,395 | ||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Mortgages and construction loans payable
|
$ | 35,035,014 | $ | 51,023,244 | $ | 43,151,891 | ||||||
Accounts payable and accrued expenses
|
3,052,381 | 2,981,445 | 1,095,340 | |||||||||
Other liabilities
|
7,011,183 | 4,749,989 | 8,375,726 | |||||||||
45,098,578 | $ | 58,754,678 | $ | 52,622,957 | ||||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Boston Capital Tax Credit Fund IV L.P.
|
3,387,139 | 13,214,473 | 11,030,095 | |||||||||
Other partners
|
2,528,410 | 3,338,299 | 3,412,343 | |||||||||
5,915,549 | 16,552,772 | 14,442,438 | ||||||||||
$ | 51,014,127 | $ | 75,307,450 | $ | 67,065,395 | |||||||
Series 28
|
Series 29
|
Series 30
|
||||||||||
ASSETS
|
||||||||||||
Buildings and improvements, net of accumulated depreciation
|
$ | 52,978,721 | $ | 45,376,215 | $ | 33,842,636 | ||||||
Land
|
5,523,586 | 2,816,806 | 2,406,880 | |||||||||
Other assets
|
6,557,276 | 5,058,759 | 3,581,101 | |||||||||
65,059,583 | $ | 53,251,780 | $ | 39,830,617 | ||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Mortgages and construction loans payable
|
$ | 39,921,747 | $ | 37,836,720 | $ | 24,552,013 | ||||||
Accounts payable and accrued expenses
|
2,102,892 | 1,786,814 | 1,427,732 | |||||||||
Other liabilities
|
4,447,733 | 6,029,866 | 5,086,915 | |||||||||
46,472,372 | $ | 45,653,400 | $ | 31,066,660 | ||||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Boston Capital Tax Credit Fund IV L.P.
|
15,730,988 | 7,022,235 | 6,749,386 | |||||||||
Other partners
|
2,856,223 | 576,145 | 2,014,571 | |||||||||
18,587,211 | 7,598,380 | 8,763,957 | ||||||||||
$ | 65,059,583 | $ | 53,251,780 | $ | 39,830,617 |
Series 31
|
Series 32
|
Series 33
|
||||||||||
ASSETS
|
||||||||||||
Buildings and improvements, net of accumulated depreciation
|
$ | 52,495,526 | $ | 50,135,066 | $ | 41,977,977 | ||||||
Land
|
4,222,958 | 3,124,882 | 4,089,020 | |||||||||
Other assets
|
6,183,315 | 4,232,491 | 2,746,749 | |||||||||
62,901,799 | $ | 57,492,439 | $ | 48,813,746 | ||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Mortgages and construction loans payable
|
$ | 45,450,010 | $ | 33,610,588 | $ | 27,311,598 | ||||||
Accounts payable and accrued expenses
|
1,099,175 | 2,869,625 | 1,437,272 | |||||||||
Other liabilities
|
5,364,504 | 3,420,143 | 2,508,277 | |||||||||
51,913,689 | $ | 39,900,356 | $ | 31,257,147 | ||||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Boston Capital Tax Credit Fund IV L.P.
|
11,985,410 | 12,438,997 | 9,714,246 | |||||||||
Other partners
|
(997,300 | ) | 5,153,086 | 7,842,353 | ||||||||
10,988,110 | 17,592,083 | 17,556,599 | ||||||||||
$ | 62,901,799 | $ | 57,492,439 | $ | 48,813,746 |
Series 34
|
Series 35
|
Series 36
|
||||||||||
ASSETS
|
||||||||||||
Buildings and improvements, net of accumulated depreciation
|
$ | 51,068,100 | $ | 43,777,717 | $ | 39,015,101 | ||||||
Land
|
5,358,490 | 3,734,936 | 2,791,180 | |||||||||
Other assets
|
4,123,678 | 3,095,885 | 3,693,494 | |||||||||
60,550,268 | $ | 50,608,538 | $ | 45,499,775 | ||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Mortgages and construction loans payable
|
$ | 43,132,084 | $ | 24,506,226 | $ | 35,139,807 | ||||||
Accounts payable and accrued expenses
|
2,490,711 | 1,121,939 | 1,418,545 | |||||||||
Other liabilities
|
5,604,172 | 8,277,130 | 3,385,409 | |||||||||
51,226,967 | $ | 33,905,295 | $ | 39,943,761 | ||||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Boston Capital Tax Credit Fund IV L.P.
|
9,727,382 | 12,122,001 | 5,664,538 | |||||||||
Other partners
|
(404,081 | ) | 4,581,242 | (108,524 | ) | |||||||
9,323,301 | 16,703,243 | 5,556,014 | ||||||||||
$ | 60,550,268 | $ | 50,608,538 | $ | 45,499,775 |
Series 37
|
Series 38
|
Series 39
|
||||||||||
ASSETS
|
||||||||||||
Buildings and improvements, net of accumulated depreciation
|
$ | 38,662,486 | $ | 30,098,029 | $ | 25,519,134 | ||||||
Land
|
2,423,561 | 2,144,257 | 1,801,039 | |||||||||
Other assets
|
3,238,571 | 2,243,402 | 2,033,998 | |||||||||
44,324,618 | $ | 34,485,688 | $ | 29,354,171 | ||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Mortgages and construction loans payable
|
$ | 29,901,379 | $ | 17,652,258 | $ | 14,048,601 | ||||||
Accounts payable and accrued expenses
|
1,951,490 | 555,301 | 408,890 | |||||||||
Other liabilities
|
3,227,588 | 1,752,761 | 2,005,770 | |||||||||
35,080,457 | $ | 19,960,320 | $ | 16,463,261 | ||||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Boston Capital Tax Credit Fund IV L.P.
|
8,397,793 | 11,160,980 | 9,000,292 | |||||||||
Other partners
|
846,368 | 3,364,388 | 3,890,618 | |||||||||
9,244,161 | 14,525,368 | 12,890,910 | ||||||||||
$ | 44,324,618 | $ | 34,485,688 | $ | 29,354,171 |
Series 40
|
Series 41
|
Series 42
|
||||||||||
ASSETS
|
||||||||||||
Buildings and improvements, net of accumulated depreciation
|
$ | 61,455,422 | $ | 88,323,911 | $ | 68,607,408 | ||||||
Land
|
5,081,041 | 11,372,214 | 7,566,333 | |||||||||
Other assets
|
4,155,860 | 9,516,585 | 7,798,935 | |||||||||
70,692,323 | $ | 109,212,710 | $ | 83,972,676 | ||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Mortgages and construction loans payable
|
$ | 48,179,383 | $ | 85,474,119 | $ | 52,088,062 | ||||||
Accounts payable and accrued expenses
|
1,215,540 | 1,762,512 | 2,760,429 | |||||||||
Other liabilities
|
7,244,597 | 10,270,962 | 11,077,709 | |||||||||
56,639,520 | $ | 97,507,593 | $ | 65,926,200 | ||||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Boston Capital Tax Credit Fund IV L.P.
|
11,537,889 | 7,774,381 | 10,174,493 | |||||||||
Other partners
|
2,514,914 | 3,930,736 | 7,871,983 | |||||||||
14,052,803 | 11,705,117 | 18,046,476 | ||||||||||
$ | 70,692,323 | $ | 109,212,710 | $ | 83,972,676 |
Series 43
|
Series 44
|
Series 45
|
||||||||||
ASSETS
|
||||||||||||
Buildings and improvements, net of accumulated depreciation
|
$ | 67,549,110 | $ | 66,224,103 | $ | 80,885,356 | ||||||
Land
|
6,704,151 | 7,662,597 | 6,939,644 | |||||||||
Other assets
|
5,947,336 | 5,589,851 | 7,223,785 | |||||||||
80,200,597 | $ | 79,476,551 | $ | 95,048,785 | ||||||||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Mortgages and construction loans payable
|
$ | 49,842,693 | $ | 57,024,740 | $ | 61,025,831 | ||||||
Accounts payable and accrued expenses
|
1,490,904 | 1,384,714 | 1,351,820 | |||||||||
Other liabilities
|
8,871,058 | 9,394,721 | 4,854,359 | |||||||||
60,204,655 | $ | 67,804,175 | $ | 67,232,010 | ||||||||
PARTNERS’ CAPITAL (DEFICIT)
|
||||||||||||
Boston Capital Tax Credit Fund IV L.P.
|
13,030,245 | 9,314,301 | 20,435,345 | |||||||||
Other partners
|
6,965,697 | 2,358,075 | 7,381,430 | |||||||||
19,995,942 | 11,672,376 | 27,816,775 | ||||||||||
$ | 80,200,597 | $ | 79,476,551 | $ | 95,048,785 |
Series 46
|
||||
ASSETS
|
||||
Buildings and improvements, net of accumulated depreciation
|
$ | 45,606,749 | ||
Land
|
2,411,415 | |||
Other assets
|
4,033,006 | |||
$ | 52,051,170 | |||
LIABILITIES AND PARTNERS’ CAPITAL (DEFICIT)
|
||||
Mortgages and construction loans payable
|
$ | 26,283,354 | ||
Accounts payable and accrued expenses
|
615,098 | |||
Other liabilities
|
3,237,854 | |||
$ | 30,136,306 | |||
PARTNERS’ CAPITAL (DEFICIT)
|
||||
Boston Capital Tax Credit Fund IV L.P.
|
17,904,735 | |||
Other partners
|
4,010,129 | |||
21,914,864 | ||||
$ | 52,051,170 |
Total
|
Series 20
|
Series 21
|
||||||||||
Revenue
|
||||||||||||
Rent
|
$ | 209,506,387 | $ | 6,655,926 | $ | 2,774,509 | ||||||
Interest and other
|
10,339,600 | 369,383 | 284,245 | |||||||||
219,845,987 | 7,025,309 | 3,058,754 | ||||||||||
Expenses
|
||||||||||||
Interest
|
50,990,441 | 1,432,943 | 829,865 | |||||||||
Depreciation and amortization
|
63,484,077 | 1,762,641 | 580,099 | |||||||||
Taxes and insurance
|
25,689,604 | 986,551 | 346,274 | |||||||||
Repairs and maintenance
|
39,469,516 | 1,671,974 | 377,595 | |||||||||
Operating expenses
|
74,028,107 | 2,697,706 | 873,151 | |||||||||
Impairment loss
|
9,872,594 | - | 318,421 | |||||||||
Other expenses
|
6,391,341 | 123,809 | 58,190 | |||||||||
269,925,680 | 8,675,624 | 3,383,595 | ||||||||||
NET LOSS
|
$ | (50,079,693 | ) | $ | (1,650,315 | ) | $ | (324,841 | ) | |||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. *
|
$ | (31,290,410 | ) | $ | (1,252,420 | ) | $ | (102,473 | ) | |||
Net income (loss) allocated to other partners
|
$ | (18,789,283 | ) | $ | (397,895 | ) | $ | (222,368 | ) |
|
*
|
Amounts include $1,252,420, $102,473, $989,220, $678,815, $662,045, $422,773, $1,222,762, $444,115, $1,133,205, $1,649,715, $2,606,216, $1,659,213, $1,257,030, $510,122, $4,501,804, $421,625, $661,706, $1,073,183, $26,361, $24,870, $85,490, $106,974, $122,644, $290,452, $794,096 and $46,117 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A.
|
Series 22
|
Series 23
|
Series 24
|
||||||||||
Revenue
|
||||||||||||
Rent
|
$ | 7,692,274 | $ | 6,813,571 | $ | 8,760,211 | ||||||
Interest and other
|
1,386,783 | 1,325,800 | 94,297 | |||||||||
9,079,057 | 8,139,371 | 8,854,508 | ||||||||||
Expenses
|
||||||||||||
Interest
|
1,981,473 | 1,592,101 | 1,950,195 | |||||||||
Depreciation and amortization
|
2,280,689 | 1,806,350 | 2,451,974 | |||||||||
Taxes and insurance
|
1,211,341 | 1,003,284 | 1,023,903 | |||||||||
Repairs and maintenance
|
2,243,815 | 1,649,980 | 1,513,795 | |||||||||
Operating expenses
|
2,782,724 | 2,753,490 | 2,625,669 | |||||||||
Impairment loss
|
318,421 | - | - | |||||||||
Other expenses
|
229,953 | 165,871 | 137,285 | |||||||||
11,048,416 | 8,971,076 | 9,702,821 | ||||||||||
NET LOSS
|
$ | (1,969,359 | ) | $ | (831,705 | ) | $ | (848,313 | ) | |||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. *
|
$ | (989,220 | ) | $ | (678,815 | ) | $ | (662,045 | ) | |||
Net income (loss) allocated to other partners
|
$ | (980,139 | ) | $ | (152,890 | ) | $ | (186,268 | ) |
*
|
Amounts include $1,252,420, $102,473, $989,220, $678,815, $662,045, $422,773, $1,222,762, $444,115, $1,133,205, $1,649,715, $2,606,216, $1,659,213, $1,257,030, $510,122, $4,501,804, $421,625, $661,706, $1,073,183, $26,361, $24,870, $85,490, $106,974, $122,644, $290,452, $794,096 and $46,117 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A.
|
Series 25
|
Series 26
|
Series 27
|
||||||||||
Revenue
|
||||||||||||
Rent
|
$ | 11,312,666 | $ | 9,637,230 | $ | 7,899,859 | ||||||
Interest and other
|
173,977 | 363,432 | 204,686 | |||||||||
11,486,643 | 10,000,662 | 8,104,545 | ||||||||||
Expenses
|
||||||||||||
Interest
|
2,211,468 | 1,883,594 | 1,816,630 | |||||||||
Depreciation and amortization
|
2,337,624 | 2,751,076 | 2,198,060 | |||||||||
Taxes and insurance
|
1,328,981 | 1,200,359 | 811,271 | |||||||||
Repairs and maintenance
|
2,448,847 | 1,637,084 | 1,263,233 | |||||||||
Operating expenses
|
3,384,306 | 3,747,145 | 2,288,399 | |||||||||
Impairment loss
|
- | - | - | |||||||||
Other expenses
|
135,767 | 221,535 | 375,519 | |||||||||
11,846,993 | 11,440,793 | 8,753,112 | ||||||||||
NET LOSS
|
$ | (360,350 | ) | $ | (1,440,131 | ) | $ | (648,567 | ) | |||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. *
|
$ | (422,773 | ) | $ | (1,222,762 | ) | $ | (437,322 | ) | |||
Net income (loss) allocated to other partners
|
$ | 62,423 | $ | (217,369 | ) | $ | (211,245 | ) |
*
|
Amounts include $1,252,420, $102,473, $989,220, $678,815, $662,045, $422,773, $1,222,762, $444,115, $1,133,205, $1,649,715, $2,606,216, $1,659,213, $1,257,030, $510,122, $4,501,804, $421,625, $661,706, $1,073,183, $26,361, $24,870, $85,490, $106,974, $122,644, $290,452, $794,096 and $46,117 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A.
|
Series 28
|
Series 29
|
Series 30
|
||||||||||
Revenue
|
||||||||||||
Rent
|
$ | 10,068,917 | $ | 7,518,550 | $ | 5,615,784 | ||||||
Interest and other
|
756,655 | 297,944 | 173,993 | |||||||||
10,825,572 | 7,816,494 | 5,789,777 | ||||||||||
Expenses
|
||||||||||||
Interest
|
1,976,692 | 1,663,588 | 1,054,474 | |||||||||
Depreciation and amortization
|
2,884,442 | 2,578,551 | 1,573,388 | |||||||||
Taxes and insurance
|
1,224,794 | 1,038,721 | 690,829 | |||||||||
Repairs and maintenance
|
2,277,937 | 1,468,348 | 1,351,064 | |||||||||
Operating expenses
|
3,552,074 | 2,885,001 | 2,862,900 | |||||||||
Impairment loss
|
- | - | 4,617,876 | |||||||||
Other expenses
|
253,142 | 124,045 | 68,721 | |||||||||
12,169,081 | 9,758,254 | 12,219,252 | ||||||||||
NET LOSS
|
$ | (1,343,509 | ) | $ | (1,941,760 | ) | $ | (6,429,475 | ) | |||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. *
|
$ | (1,133,205 | ) | $ | (1,674,110 | ) | $ | (2,673,669 | ) | |||
Net income (loss) allocated to other partners
|
$ | (210,304 | ) | $ | (267,650 | ) | $ | (3,755,806 | ) |
*
|
Amounts include $1,252,420, $102,473, $989,220, $678,815, $662,045, $422,773, $1,222,762, $444,115, $1,133,205, $1,649,715, $2,606,216, $1,659,213, $1,257,030, $510,122, $4,501,804, $421,625, $661,706, $1,073,183, $26,361, $24,870, $85,490, $106,974, $122,644, $290,452, $794,096 and $46,117 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A.
|
Series 31
|
Series 32
|
Series 33
|
||||||||||
Revenue
|
||||||||||||
Rent
|
$ | 10,324,348 | $ | 7,283,374 | $ | 6,190,431 | ||||||
Interest and other
|
391,217 | 363,125 | 172,983 | |||||||||
10,715,565 | 7,646,499 | 6,363,414 | ||||||||||
Expenses
|
||||||||||||
Interest
|
1,619,790 | 1,690,261 | 1,338,622 | |||||||||
Depreciation and amortization
|
2,973,439 | 2,769,638 | 2,248,801 | |||||||||
Taxes and insurance
|
1,367,578 | 886,114 | 874,717 | |||||||||
Repairs and maintenance
|
1,771,706 | 1,177,320 | 737,824 | |||||||||
Operating expenses
|
4,025,656 | 2,454,468 | 2,637,123 | |||||||||
Impairment loss
|
- | - | - | |||||||||
Other expenses
|
615,270 | 596,942 | 147,733 | |||||||||
12,373,439 | 9,574,743 | 7,984,820 | ||||||||||
NET LOSS
|
$ | (1,657,874 | ) | $ | (1,928,244 | ) | $ | (1,621,406 | ) | |||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. *
|
$ | (1,503,190 | ) | $ | (1,630,428 | ) | $ | (623,049 | ) | |||
Net income (loss) allocated to other partners
|
$ | (154,684 | ) | $ | (297,816 | ) | $ | (998,357 | ) |
*
|
Amounts include $1,252,420, $102,473, $989,220, $678,815, $662,045, $422,773, $1,222,762, $444,115, $1,133,205, $1,649,715, $2,606,216, $1,659,213, $1,257,030, $510,122, $4,501,804, $421,625, $661,706, $1,073,183, $26,361, $24,870, $85,490, $106,974, $122,644, $290,452, $794,096 and $46,117 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A.
|
Series 34
|
Series 35
|
Series 36
|
||||||||||
Revenue
|
||||||||||||
Rent
|
$ | 7,976,496 | $ | 6,521,654 | $ | 6,497,548 | ||||||
Interest and other
|
261,308 | 264,728 | 250,280 | |||||||||
8,237,804 | 6,786,382 | 6,747,828 | ||||||||||
Expenses
|
||||||||||||
Interest
|
1,683,220 | 1,677,166 | 1,944,394 | |||||||||
Depreciation and amortization
|
2,932,746 | 2,122,690 | 2,092,571 | |||||||||
Taxes and insurance
|
1,059,455 | 881,807 | 728,909 | |||||||||
Repairs and maintenance
|
1,126,892 | 1,193,283 | 1,453,418 | |||||||||
Operating expenses
|
3,726,980 | 2,411,003 | 2,390,309 | |||||||||
Impairment loss
|
4,617,876 | - | - | |||||||||
Other expenses
|
43,500 | 88,248 | 125,852 | |||||||||
15,190,669 | 8,374,197 | 8,735,453 | ||||||||||
NET LOSS
|
$ | (6,952,865 | ) | $ | (1,587,815 | ) | $ | (1,987,625 | ) | |||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. *
|
$ | (4,728,874 | ) | $ | (1,031,028 | ) | $ | (997,844 | ) | |||
Net income (loss) allocated to other partners
|
$ | (2,223,991 | ) | $ | (556,787 | ) | $ | (989,781 | ) |
|
*
|
Amounts include $1,252,420, $102,473, $989,220, $678,815, $662,045, $422,773, $1,222,762, $444,115, $1,133,205, $1,649,715, $2,606,216, $1,659,213, $1,257,030, $510,122, $4,501,804, $421,625, $661,706, $1,073,183, $26,361, $24,870, $85,490, $106,974, $122,644, $290,452, $794,096 and $46,117 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A.
|
Series 37
|
Series 38
|
Series 39
|
||||||||||
Revenue
|
||||||||||||
Rent
|
$ | 5,888,264 | $ | 4,359,775 | $ | 3,442,308 | ||||||
Interest and other
|
240,128 | 210,350 | 230,468 | |||||||||
6,128,392 | 4,570,125 | 3,672,776 | ||||||||||
Expenses
|
||||||||||||
Interest
|
1,130,693 | 1,051,811 | 806,041 | |||||||||
Depreciation and amortization
|
2,259,407 | 1,489,097 | 1,390,951 | |||||||||
Taxes and insurance
|
880,144 | 532,561 | 415,422 | |||||||||
Repairs and maintenance
|
1,014,627 | 804,237 | 667,971 | |||||||||
Operating expenses
|
2,689,062 | 1,618,350 | 1,592,048 | |||||||||
Impairment loss
|
- | - | - | |||||||||
Other expenses
|
70,102 | 121,835 | 156,570 | |||||||||
8,044,035 | 5,617,891 | 5,029,003 | ||||||||||
NET LOSS
|
$ | (1,915,643 | ) | $ | (1,047,766 | ) | $ | (1,356,227 | ) | |||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. *
|
$ | (1,302,147 | ) | $ | (590,826 | ) | $ | (915,239 | ) | |||
Net income (loss) allocated to other partners
|
$ | (613,496 | ) | $ | (456,940 | ) | $ | (440,988 | ) |
|
*
|
Amounts include $1,252,420, $102,473, $989,220, $678,815, $662,045, $422,773, $1,222,762, $444,115, $1,133,205, $1,649,715, $2,606,216, $1,659,213, $1,257,030, $510,122, $4,501,804, $421,625, $661,706, $1,073,183, $26,361, $24,870, $85,490, $106,974, $122,644, $290,452, $794,096 and $46,117 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A.
|
Series 40
|
Series 41
|
Series 42
|
||||||||||
Revenue
|
||||||||||||
Rent
|
$ | 9,537,135 | $ | 11,381,804 | $ | 11,019,705 | ||||||
Interest and other
|
446,290 | 460,071 | 362,956 | |||||||||
9,983,425 | 11,841,875 | 11,382,661 | ||||||||||
Expenses
|
||||||||||||
Interest
|
3,284,466 | 3,925,334 | 3,171,669 | |||||||||
Depreciation and amortization
|
2,577,591 | 3,114,338 | 3,259,277 | |||||||||
Taxes and insurance
|
1,184,386 | 1,145,350 | 976,544 | |||||||||
Repairs and maintenance
|
1,602,393 | 1,938,268 | 1,822,173 | |||||||||
Operating expenses
|
2,495,685 | 2,781,411 | 3,381,056 | |||||||||
Impairment loss
|
- | - | - | |||||||||
Other expenses
|
113,376 | 182,943 | 248,800 | |||||||||
11,257,897 | 13,087,644 | 12,859,519 | ||||||||||
NET LOSS
|
$ | (1,274,472 | ) | $ | (1,245,769 | ) | $ | (1,476,858 | ) | |||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. *
|
$ | (687,084 | ) | $ | (790,483 | ) | $ | (470,251 | ) | |||
Net income (loss) allocated to other partners
|
$ | (587,388 | ) | $ | (455,286 | ) | $ | (1,006,607 | ) |
|
*
|
Amounts include $1,252,420, $102,473, $989,220, $678,815, $662,045, $422,773, $1,222,762, $444,115, $1,133,205, $1,649,715, $2,606,216, $1,659,213, $1,257,030, $510,122, $4,501,804, $421,625, $661,706, $1,073,183, $26,361, $24,870, $85,490, $106,974, $122,644, $290,452, $794,096 and $46,117 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A.
|
Series 43
|
Series 44
|
Series 45
|
||||||||||
Revenue
|
||||||||||||
Rent
|
$ | 9,110,347 | $ | 9,027,762 | $ | 10,677,269 | ||||||
Interest and other
|
421,871 | 263,275 | 272,207 | |||||||||
9,532,218 | 9,291,037 | 10,949,476 | ||||||||||
Expenses
|
||||||||||||
Interest
|
2,513,386 | 2,657,069 | 2,669,272 | |||||||||
Depreciation and amortization
|
3,185,358 | 2,977,684 | 3,347,131 | |||||||||
Taxes and insurance
|
957,622 | 1,016,430 | 1,208,737 | |||||||||
Repairs and maintenance
|
1,709,530 | 1,473,051 | 1,997,614 | |||||||||
Operating expenses
|
2,927,852 | 2,970,592 | 3,585,947 | |||||||||
Impairment loss
|
- | - | - | |||||||||
Other expenses
|
153,770 | 1,547,394 | 236,914 | |||||||||
11,447,518 | 12,642,220 | 13,045,615 | ||||||||||
NET LOSS
|
$ | (1,915,300 | ) | $ | (3,351,183 | ) | $ | (2,096,139 | ) | |||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. *
|
$ | (707,961 | ) | $ | (1,970,421 | ) | $ | (1,233,312 | ) | |||
Net income (loss) allocated to other partners
|
$ | (1,207,339 | ) | $ | (1,380,762 | ) | $ | (862,827 | ) |
|
*
|
Amounts include $1,252,420, $102,473, $989,220, $678,815, $662,045, $422,773, $1,222,762, $444,115, $1,133,205, $1,649,715, $2,606,216, $1,659,213, $1,257,030, $510,122, $4,501,804, $421,625, $661,706, $1,073,183, $26,361, $24,870, $85,490, $106,974, $122,644, $290,452, $794,096 and $46,117 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A.
|
Series 46
|
||||
Revenue
|
||||
Rent
|
$ | 5,518,670 | ||
Interest and other
|
297,148 | |||
5,815,818 | ||||
Expenses
|
||||
Interest
|
1,434,224 | |||
Depreciation and amortization
|
1,538,464 | |||
Taxes and insurance
|
707,520 | |||
Repairs and maintenance
|
1,075,537 | |||
Operating expenses
|
1,888,000 | |||
Impairment loss
|
- | |||
Other expenses
|
48,255 | |||
6,692,000 | ||||
NET LOSS
|
$ | (876,182 | ) | |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. *
|
$ | (859,459 | ) | |
Net income (loss) allocated to other partners
|
$ | (16,723 | ) |
|
*
|
Amounts include $1,252,420, $102,473, $989,220, $678,815, $662,045, $422,773, $1,222,762, $444,115, $1,133,205, $1,649,715, $2,606,216, $1,659,213, $1,257,030, $510,122, $4,501,804, $421,625, $661,706, $1,073,183, $26,361, $24,870, $85,490, $106,974, $122,644, $290,452, $794,096 and $46,117 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A.
|
Total
|
Series 20
|
Series 21
|
||||||||||
Revenue
|
||||||||||||
Rent
|
$ | 225,595,957 | $ | 12,632,687 | $ | 2,800,634 | ||||||
Interest and other
|
11,340,929 | 2,215,300 | 60,029 | |||||||||
236,936,886 | 14,847,987 | 2,860,663 | ||||||||||
Expenses
|
||||||||||||
Interest
|
58,343,645 | 3,460,141 | 908,501 | |||||||||
Depreciation and amortization
|
67,303,012 | 3,233,021 | 648,284 | |||||||||
Taxes and insurance
|
29,016,783 | 1,971,116 | 374,417 | |||||||||
Repairs and maintenance
|
41,368,059 | 2,559,182 | 440,264 | |||||||||
Operating expenses
|
77,156,641 | 3,412,485 | 948,238 | |||||||||
Impairment loss
|
- | - | - | |||||||||
Other expenses
|
7,051,910 | 737,220 | 133,452 | |||||||||
280,240,050 | 15,373,165 | 3,453,156 | ||||||||||
NET LOSS
|
$ | (43,303,164 | ) | $ | (525,178 | ) | $ | (592,493 | ) | |||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. *
|
$ | (30,036,856 | ) | $ | (1,248,392 | ) | $ | (397,781 | ) | |||
Net income (loss) allocated to other partners
|
$ | (13,266,308 | ) | $ | 723,214 | $ | (194,712 | ) |
|
*
|
Amounts include $1,248,392, $397,781, $1,041,901, $875,250, $742,580, $1,328,766, $1,238,126, $396,779, $863,856, $1,807,041, $689,908, $1,178,942, $635,720, $358,096, $1,176,248, $369,332, $509,244, $716,948, $12,174, $123,965, $418,268, $459,024, $344,989 and $57,114 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A.
|
Series 22
|
Series 23
|
Series 24
|
||||||||||
Revenue
|
||||||||||||
Rent
|
$ | 9,100,597 | $ | 8,642,250 | $ | 8,420,383 | ||||||
Interest and other
|
783,861 | 555,200 | 97,931 | |||||||||
9,884,458 | 9,197,450 | 8,518,314 | ||||||||||
Expenses
|
||||||||||||
Interest
|
2,465,984 | 2,261,473 | 2,057,033 | |||||||||
Depreciation and amortization
|
2,573,221 | 2,158,016 | 2,439,232 | |||||||||
Taxes and insurance
|
1,520,255 | 1,246,824 | 985,591 | |||||||||
Repairs and maintenance
|
2,570,709 | 1,808,212 | 1,505,341 | |||||||||
Operating expenses
|
3,282,237 | 3,173,455 | 2,625,818 | |||||||||
Impairment loss
|
- | - | - | |||||||||
Other expenses
|
244,408 | 379,769 | 97,482 | |||||||||
12,656,814 | 11,027,749 | 9,710,497 | ||||||||||
NET LOSS
|
$ | (2,772,356 | ) | $ | (1,830,299 | ) | $ | (1,192,183 | ) | |||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. *
|
$ | (1,041,901 | ) | $ | (875,250 | ) | $ | (742,580 | ) | |||
Net income (loss) allocated to other partners
|
$ | (1,730,455 | ) | $ | (955,049 | ) | $ | (449,603 | ) |
|
*
|
Amounts include $1,248,392, $397,781, $1,041,901, $875,250, $742,580, $1,328,766, $1,238,126, $396,779, $863,856, $1,807,041, $689,908, $1,178,942, $635,720, $358,096, $1,176,248, $369,332, $509,244, $716,948, $12,174, $123,965, $418,268, $459,024, $344,989 and $57,114 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A.
|
Series 25
|
Series 26
|
Series 27
|
||||||||||
Revenue
|
||||||||||||
Rent
|
$ | 11,841,984 | $ | 12,270,003 | $ | 10,462,546 | ||||||
Interest and other
|
350,874 | 571,036 | 291,389 | |||||||||
12,192,858 | 12,841,039 | 10,753,935 | ||||||||||
Expenses
|
||||||||||||
Interest
|
2,432,121 | 2,259,555 | 2,521,605 | |||||||||
Depreciation and amortization
|
2,492,279 | 3,040,264 | 2,513,360 | |||||||||
Taxes and insurance
|
1,507,363 | 1,610,496 | 1,165,108 | |||||||||
Repairs and maintenance
|
2,594,708 | 2,405,823 | 1,371,955 | |||||||||
Operating expenses
|
3,680,717 | 4,058,673 | 2,996,259 | |||||||||
Impairment loss
|
- | - | - | |||||||||
Other expenses
|
995,372 | 350,543 | 302,044 | |||||||||
13,702,560 | 13,725,354 | 10,870,331 | ||||||||||
NET LOSS
|
$ | (1,509,702 | ) | $ | (884,315 | ) | $ | (116,396 | ) | |||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. *
|
$ | (1,298,940 | ) | $ | (1,962,171 | ) | $ | (477,051 | ) | |||
Net income (loss) allocated to other partners
|
$ | (210,762 | ) | $ | 1,077,856 | $ | 360,655 |
|
*
|
Amounts include $1,248,392, $397,781, $1,041,901, $875,250, $742,580, $1,328,766, $1,238,126, $396,779, $863,856, $1,807,041, $689,908, $1,178,942, $635,720, $358,096, $1,176,248, $369,332, $509,244, $716,948, $12,174, $123,965, $418,268, $459,024, $344,989 and $57,114 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A.
|
Series 28
|
Series 29
|
Series 30
|
||||||||||
Revenue
|
||||||||||||
Rent
|
$ | 9,659,525 | $ | 7,290,706 | $ | 6,248,972 | ||||||
Interest and other
|
227,655 | 343,949 | 198,811 | |||||||||
9,887,180 | 7,634,655 | 6,447,783 | ||||||||||
Expenses
|
||||||||||||
Interest
|
1,990,511 | 1,721,884 | 1,135,337 | |||||||||
Depreciation and amortization
|
2,838,421 | 2,550,783 | 1,621,468 | |||||||||
Taxes and insurance
|
1,237,848 | 949,717 | 758,628 | |||||||||
Repairs and maintenance
|
1,840,968 | 1,239,225 | 1,317,880 | |||||||||
Operating expenses
|
3,403,104 | 2,813,886 | 2,903,250 | |||||||||
Impairment loss
|
- | - | - | |||||||||
Other expenses
|
266,867 | 206,998 | 105,021 | |||||||||
11,577,719 | 9,482,493 | 7,841,584 | ||||||||||
NET LOSS
|
$ | (1,690,539 | ) | $ | (1,847,838 | ) | $ | (1,393,801 | ) | |||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. *
|
$ | (1,319,188 | ) | $ | (2,011,048 | ) | $ | (1,256,895 | ) | |||
Net income (loss) allocated to other partners
|
$ | (371,351 | ) | $ | 163,210 | $ | (136,906 | ) |
|
*
|
Amounts include $1,248,392, $397,781, $1,041,901, $875,250, $742,580, $1,328,766, $1,238,126, $396,779, $863,856, $1,807,041, $689,908, $1,178,942, $635,720, $358,096, $1,176,248, $369,332, $509,244, $716,948, $12,174, $123,965, $418,268, $459,024, $344,989 and $57,114 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A.
|
Series 31
|
Series 32
|
Series 33
|
||||||||||
Revenue
|
||||||||||||
Rent
|
$ | 10,010,642 | $ | 7,423,054 | $ | 6,193,633 | ||||||
Interest and other
|
725,562 | 306,522 | 205,947 | |||||||||
10,736,204 | 7,729,576 | 6,399,580 | ||||||||||
Expenses
|
||||||||||||
Interest
|
1,684,409 | 1,742,349 | 1,434,726 | |||||||||
Depreciation and amortization
|
2,990,577 | 2,866,318 | 2,337,916 | |||||||||
Taxes and insurance
|
1,331,716 | 995,986 | 807,121 | |||||||||
Repairs and maintenance
|
1,845,073 | 1,059,006 | 931,760 | |||||||||
Operating expenses
|
3,627,728 | 2,837,440 | 2,560,522 | |||||||||
Impairment loss
|
- | - | - | |||||||||
Other expenses
|
659,889 | 205,548 | 116,137 | |||||||||
12,139,392 | 9,706,647 | 8,188,182 | ||||||||||
NET LOSS
|
$ | (1,403,188 | ) | $ | (1,977,071 | ) | $ | (1,788,602 | ) | |||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. *
|
$ | (981,897 | ) | $ | (1,539,147 | ) | $ | (745,885 | ) | |||
Net income (loss) allocated to other partners
|
$ | (421,291 | ) | $ | (437,924 | ) | $ | (1,042,717 | ) |
|
*
|
Amounts include $1,248,392, $397,781, $1,041,901, $875,250, $742,580, $1,328,766, $1,238,126, $396,779, $863,856, $1,807,041, $689,908, $1,178,942, $635,720, $358,096, $1,176,248, $369,332, $509,244, $716,948, $12,174, $123,965, $418,268, $459,024, $344,989 and $57,114 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A.
|
Series 34
|
Series 35
|
Series 36
|
||||||||||
Revenue
|
||||||||||||
Rent
|
$ | 7,880,400 | $ | 6,199,854 | $ | 6,415,159 | ||||||
Interest and other
|
419,269 | 268,742 | 253,227 | |||||||||
8,299,669 | 6,468,596 | 6,668,386 | ||||||||||
Expenses
|
||||||||||||
Interest
|
2,060,416 | 1,699,876 | 1,987,567 | |||||||||
Depreciation and amortization
|
3,007,760 | 2,091,786 | 1,985,421 | |||||||||
Taxes and insurance
|
1,122,819 | 902,486 | 661,684 | |||||||||
Repairs and maintenance
|
1,286,816 | 1,309,786 | 1,452,993 | |||||||||
Operating expenses
|
3,303,936 | 2,315,443 | 2,323,917 | |||||||||
Impairment loss
|
- | - | - | |||||||||
Other expenses
|
49,575 | 146,309 | 203,869 | |||||||||
10,831,322 | 8,465,686 | 8,615,451 | ||||||||||
NET LOSS
|
$ | (2,531,653 | ) | $ | (1,997,090 | ) | $ | (1,947,065 | ) | |||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. *
|
$ | (1,786,699 | ) | $ | (1,184,563 | ) | $ | (1,002,035 | ) | |||
Net income (loss) allocated to other partners
|
$ | (744,954 | ) | $ | (812,527 | ) | $ | (945,030 | ) |
|
*
|
Amounts include $1,248,392, $397,781, $1,041,901, $875,250, $742,580, $1,328,766, $1,238,126, $396,779, $863,856, $1,807,041, $689,908, $1,178,942, $635,720, $358,096, $1,176,248, $369,332, $509,244, $716,948, $12,174, $123,965, $418,268, $459,024, $344,989 and $57,114 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A.
|
Series 37
|
Series 38
|
Series 39
|
||||||||||
Revenue
|
||||||||||||
Rent
|
$ | 5,758,213 | $ | 4,199,280 | $ | 3,383,876 | ||||||
Interest and other
|
227,739 | 190,922 | 218,482 | |||||||||
5,985,952 | 4,390,202 | 3,602,358 | ||||||||||
Expenses
|
||||||||||||
Interest
|
1,204,410 | 1,070,018 | 823,833 | |||||||||
Depreciation and amortization
|
2,161,653 | 1,494,769 | 1,328,539 | |||||||||
Taxes and insurance
|
841,149 | 541,901 | 446,764 | |||||||||
Repairs and maintenance
|
996,037 | 761,476 | 584,757 | |||||||||
Operating expenses
|
2,674,054 | 1,558,675 | 1,518,675 | |||||||||
Impairment loss
|
- | - | - | |||||||||
Other expenses
|
69,500 | 120,430 | 164,792 | |||||||||
7,946,803 | 5,547,269 | 4,867,360 | ||||||||||
NET LOSS
|
$ | (1,960,851 | ) | $ | (1,157,067 | ) | $ | (1,265,002 | ) | |||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. *
|
$ | (1,316,292 | ) | $ | (658,134 | ) | $ | (779,953 | ) | |||
Net income (loss) allocated to other partners
|
$ | (644,559 | ) | $ | (498,933 | ) | $ | (485,049 | ) |
*
|
Amounts include $1,248,392, $397,781, $1,041,901, $875,250, $742,580, $1,328,766, $1,238,126, $396,779, $863,856, $1,807,041, $689,908, $1,178,942, $635,720, $358,096, $1,176,248, $369,332, $509,244, $716,948, $12,174, $123,965, $418,268, $459,024, $344,989 and $57,114 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A.
|
Series 40
|
Series 41
|
Series 42
|
||||||||||
Revenue
|
||||||||||||
Rent
|
$ | 9,163,188 | $ | 15,208,750 | $ | 10,798,869 | ||||||
Interest and other
|
431,976 | 815,369 | 324,486 | |||||||||
9,595,164 | 16,024,119 | 11,123,355 | ||||||||||
Expenses
|
||||||||||||
Interest
|
3,319,767 | 5,518,387 | 3,250,146 | |||||||||
Depreciation and amortization
|
2,621,485 | 4,024,856 | 3,227,018 | |||||||||
Taxes and insurance
|
1,205,012 | 1,779,748 | 1,082,024 | |||||||||
Repairs and maintenance
|
1,708,609 | 2,319,113 | 1,768,717 | |||||||||
Operating expenses
|
2,354,011 | 3,451,744 | 3,254,270 | |||||||||
Impairment loss
|
- | - | - | |||||||||
Other expenses
|
175,857 | 335,094 | 308,591 | |||||||||
11,384,741 | 17,428,942 | 12,890,766 | ||||||||||
NET LOSS
|
$ | (1,789,577 | ) | $ | (1,404,823 | ) | $ | (1,767,411 | ) | |||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. *
|
$ | (912,898 | ) | $ | (677,596 | ) | $ | (760,271 | ) | |||
Net income (loss) allocated to other partners
|
$ | (876,679 | ) | $ | (727,227 | ) | $ | (1,007,140 | ) |
*
|
Amounts include $1,248,392, $397,781, $1,041,901, $875,250, $742,580, $1,328,766, $1,238,126, $396,779, $863,856, $1,807,041, $689,908, $1,178,942, $635,720, $358,096, $1,176,248, $369,332, $509,244, $716,948, $12,174, $123,965, $418,268, $459,024, $344,989 and $57,114 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A.
|
Series 43
|
Series 44
|
Series 45
|
||||||||||
Revenue
|
||||||||||||
Rent
|
$ | 9,053,424 | $ | 8,822,929 | $ | 10,397,633 | ||||||
Interest and other
|
387,790 | 251,100 | 378,230 | |||||||||
9,441,214 | 9,074,029 | 10,775,863 | ||||||||||
Expenses
|
||||||||||||
Interest
|
2,574,882 | 2,626,085 | 2,677,769 | |||||||||
Depreciation and amortization
|
3,159,427 | 2,987,158 | 3,372,243 | |||||||||
Taxes and insurance
|
971,185 | 1,083,606 | 1,243,803 | |||||||||
Repairs and maintenance
|
1,444,455 | 1,469,070 | 1,905,425 | |||||||||
Operating expenses
|
3,038,927 | 3,466,211 | 3,739,986 | |||||||||
Impairment loss
|
- | - | - | |||||||||
Other expenses
|
197,515 | 334,066 | 99,077 | |||||||||
11,386,391 | 11,966,196 | 13,038,303 | ||||||||||
NET LOSS
|
$ | (1,945,177 | ) | $ | (2,892,167 | ) | $ | (2,262,440 | ) | |||
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. *
|
$ | (973,100 | ) | $ | (1,789,188 | ) | $ | (1,436,316 | ) | |||
Net income (loss) allocated to other partners
|
$ | (972,077 | ) | $ | (1,102,979 | ) | $ | (826,124 | ) |
*
|
Amounts include $1,248,392, $397,781, $1,041,901, $875,250, $742,580, $1,328,766, $1,238,126, $396,779, $863,856, $1,807,041, $689,908, $1,178,942, $635,720, $358,096, $1,176,248, $369,332, $509,244, $716,948, $12,174, $123,965, $418,268, $459,024, $344,989 and $57,114 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A.
|
Series 46
|
||||
Revenue
|
||||
Rent
|
$ | 5,316,766 | ||
Interest and other
|
239,531 | |||
5,556,297 | ||||
Expenses
|
||||
Interest
|
1,454,860 | |||
Depreciation and amortization
|
1,537,737 | |||
Taxes and insurance
|
672,416 | |||
Repairs and maintenance
|
870,699 | |||
Operating expenses
|
1,832,980 | |||
Impairment loss
|
- | |||
Other expenses
|
46,485 | |||
6,415,177 | ||||
NET LOSS
|
$ | (858,880 | ) | |
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P. *
|
$ | (861,685 | ) | |
Net income (loss) allocated to other partners
|
$ | 2,805 |
*
|
Amounts include $1,248,392, $397,781, $1,041,901, $875,250, $742,580, $1,328,766, $1,238,126, $396,779, $863,856, $1,807,041, $689,908, $1,178,942, $635,720, $358,096, $1,176,248, $369,332, $509,244, $716,948, $12,174, $123,965, $418,268, $459,024, $344,989 and $57,114 for Series 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 40, 41, 42, 43, 44 and 45, respectively, of loss not recognized under the equity method of accounting as described in note A.
|
2011
|
2010
|
|||||||
Series 20
|
$ | - | $ | - | ||||
Series 21
|
- | - | ||||||
Series 22
|
- | - | ||||||
Series 23
|
- | - | ||||||
Series 24
|
- | - | ||||||
Series 25
|
- | - | ||||||
Series 26
|
- | - | ||||||
Series 27
|
- | - | ||||||
Series 28
|
- | - | ||||||
Series 29
|
- | - | ||||||
Series 30
|
- | - | ||||||
Series 31
|
- | - | ||||||
Series 32
|
46,908 | 46,908 | ||||||
Series 33
|
- | - | ||||||
Series 34
|
- | - | ||||||
Series 35
|
- | - | ||||||
Series 36
|
- | - | ||||||
Series 37
|
- | - | ||||||
Series 38
|
- | - | ||||||
Series 39
|
- | - | ||||||
Series 40
|
- | - | ||||||
Series 41
|
- | - | ||||||
Series 42
|
22,790 | 292,933 | ||||||
Series 43
|
- | 186,626 | ||||||
Series 44
|
- | 196,604 | ||||||
Series 45
|
- | - | ||||||
Series 46
|
- | - | ||||||
$ | 69,698 | $ | 723,071 |
Total
|
Series 20
|
Series 21
|
||||||||||
Net income (loss) for financial reporting purposes
|
$ | (34,618,430 | ) | $ | 782,240 | $ | (10,292 | ) | ||||
Operating limited partnership rents received in advance
|
15,459 | 2,390 | (16,314 | ) | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes
|
269,367 | (737,086 | ) | 69,765 | ||||||||
Other
|
486,390 | 2,909,018 | 281,162 | |||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
|
(22,745,446 | ) | (1,252,420 | ) | (102,473 | ) | ||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets
|
(5,900,883 | ) | (136,452 | ) | (287,158 | ) | ||||||
Impairment loss not recognized for tax purposes
|
23,038,128 | - | - | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
318,421 | - | 318,421 | |||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes
|
69,753 | (895,663 | ) | (19,916 | ) | |||||||
Income (loss) for tax return purposes, December 31, 2010
|
$ | (39,067,241 | ) | $ | 672,027 | $ | 233,195 |
NOTE E -
|
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Continued)
|
Series 22
|
Series 23
|
Series 24
|
||||||||||
Net income (loss) for financial reporting purposes
|
$ | 541,236 | $ | 610,391 | $ | (117,314 | ) | |||||
Operating limited partnership rents received in advance
|
- | (36 | ) | 2,309 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes
|
(344,277 | ) | (372,652 | ) | 77,900 | |||||||
Other
|
324,081 | 894,754 | 999,458 | |||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
|
(989,220 | ) | (678,815 | ) | (662,045 | ) | ||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets
|
- | (265,238 | ) | (35,100 | ) | |||||||
Impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
318,421 | - | - | |||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes
|
(198,892 | ) | (143,155 | ) | 10,470 | |||||||
Income (loss) for tax return purposes, December 31, 2010
|
$ | (348,651 | ) | $ | 45,249 | $ | 275,678 |
NOTE E -
|
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Continued)
|
Series 25
|
Series 26
|
Series 27
|
||||||||||
Net income (loss) for financial reporting purposes
|
$ | 440,077 | $ | 1,140,769 | $ | (1,035,645 | ) | |||||
Operating limited partnership rents received in advance
|
- | 1,240 | (2,237 | ) | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes
|
(188,789 | ) | (1,006,313 | ) | (1,105,169 | ) | ||||||
Other
|
589,213 | (2,376,299 | ) | (1,916,001 | ) | |||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
|
(422,773 | ) | (1,222,762 | ) | (444,115 | ) | ||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets
|
- | (348,409 | ) | (358,814 | ) | |||||||
Impairment loss not recognized for tax purposes
|
- | - | 24,309 | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes
|
(190,585 | ) | (74,552 | ) | 2,101,321 | |||||||
Income (loss) for tax return purposes, December 31, 2010
|
$ | 227,143 | $ | (3,886,326 | ) | $ | (2,736,351 | ) |
NOTE E -
|
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Continued)
|
Series 28
|
Series 29
|
Series 30
|
||||||||||
Net income (loss) for financial reporting purposes
|
$ | (286,909 | ) | $ | (376,809 | ) | $ | (161,274 | ) | |||
Operating limited partnership rents received in advance
|
(78 | ) | 10,654 | 4,208 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes
|
284,116 | 331,404 | 183,160 | |||||||||
Other
|
(180,296 | ) | (147,278 | ) | (437,283 | ) | ||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
|
(1,133,205 | ) | (1,649,715 | ) | (2,606,216 | ) | ||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets
|
(283,745 | ) | (290,330 | ) | (207,594 | ) | ||||||
Impairment loss not recognized for tax purposes
|
- | - | 15,589 | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | 1,562,366 | |||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes
|
29,553 | 116,028 | (129,231 | ) | ||||||||
Income (loss) for tax return purposes, December 31, 2010
|
$ | (1,570,564 | ) | $ | (2,006,046 | ) | $ | (1,776,275 | ) |
NOTE E -
|
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Continued)
|
Series 31
|
Series 32
|
Series 33
|
||||||||||
Net income (loss) for financial reporting purposes
|
$ | (360,341 | ) | $ | (380,952 | ) | $ | (241,815 | ) | |||
Operating limited partnership rents received in advance
|
3,813 | (1,344 | ) | 189 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes
|
364,152 | (110,227 | ) | 138,265 | ||||||||
Other
|
502,219 | (945,768 | ) | (1,064,844 | ) | |||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
|
(1,659,213 | ) | (1,257,030 | ) | (510,122 | ) | ||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets
|
(505,457 | ) | (254,124 | ) | (132,169 | ) | ||||||
Impairment loss not recognized for tax purposes
|
166,611 | 272,560 | 37,226 | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes
|
(34,589 | ) | (1,212,370 | ) | (85,005 | ) | ||||||
Income (loss) for tax return purposes, December 31, 2010
|
$ | (1,522,805 | ) | $ | (3,889,255 | ) | $ | (1,858,275 | ) |
NOTE E -
|
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Continued)
|
Series 34
|
Series 35
|
Series 36
|
||||||||||
Net income (loss) for financial reporting purposes
|
$ | (996,746 | ) | $ | (2,938,167 | ) | $ | (1,931,251 | ) | |||
Operating limited partnership rents received in advance
|
8,586 | 2,046 | 369 | |||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes
|
293,196 | 228,360 | 160,599 | |||||||||
Other
|
413,359 | (69,552 | ) | 53,970 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
|
(4,501,804 | ) | (421,625 | ) | (661,706 | ) | ||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets
|
(253,294 | ) | (313,865 | ) | (296,031 | ) | ||||||
Impairment loss not recognized for tax purposes
|
225,080 | 2,017,720 | 1,405,263 | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
3,271,264 | - | - | |||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes
|
190,387 | (60,511 | ) | (84,680 | ) | |||||||
Income (loss) for tax return purposes, December 31, 2010
|
$ | (1,349,972 | ) | $ | (1,555,594 | ) | $ | (1,353,467 | ) |
NOTE E -
|
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Continued)
|
Series 37
|
Series 38
|
Series 39
|
||||||||||
Net income (loss) for financial reporting purposes
|
$ | (1,886,664 | ) | $ | (2,942,239 | ) | $ | (2,757,577 | ) | |||
Operating limited partnership rents received in advance
|
18,987 | (9,978 | ) | (10,281 | ) | |||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes
|
204,864 | 164,400 | 136,800 | |||||||||
Other
|
111,387 | 123,057 | 204,751 | |||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
|
(1,073,183 | ) | (26,361 | ) | (24,870 | ) | ||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets
|
(106,599 | ) | (201,154 | ) | (82,484 | ) | ||||||
Impairment loss not recognized for tax purposes
|
1,324,065 | 2,180,548 | 1,711,047 | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes
|
30,058 | (77,757 | ) | (78,028 | ) | |||||||
Income (loss) for tax return purposes, December 31, 2010
|
$ | (1,377,085 | ) | $ | (789,484 | ) | $ | (900,642 | ) |
NOTE E -
|
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Continued)
|
Series 40
|
Series 41
|
Series 42
|
||||||||||
Net income (loss) for financial reporting purposes
|
$ | (2,748,973 | ) | $ | (2,025,799 | ) | $ | (2,337,443 | ) | |||
Operating limited partnership rents received in advance
|
(127 | ) | - | 1,063 | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes
|
200,017 | (60,471 | ) | 249,780 | ||||||||
Other
|
(74,208 | ) | 44,628 | (166,062 | ) | |||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
|
(85,490 | ) | (106,974 | ) | (122,644 | ) | ||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets
|
(163,125 | ) | (195,626 | ) | (152,559 | ) | ||||||
Impairment loss not recognized for tax purposes
|
1,870,900 | 1,300,406 | 1,711,651 | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes
|
(23,808 | ) | 416,271 | (27,062 | ) | |||||||
Income (loss) for tax return purposes, December 31, 2010
|
$ | (1,024,814 | ) | $ | (627,565 | ) | $ | (843,276 | ) |
NOTE E -
|
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Continued)
|
Series 43
|
Series 44
|
Series 45
|
||||||||||
Net income (loss) for financial reporting purposes
|
$ | (3,989,777 | ) | $ | (3,202,227 | ) | $ | (4,306,886 | ) | |||
Operating limited partnership rents received in advance
|
- | - | - | |||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes
|
306,780 | 284,701 | 266,564 | |||||||||
Other
|
(308,453 | ) | 619,677 | (48,529 | ) | |||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
|
(290,452 | ) | (794,096 | ) | (46,117 | ) | ||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets
|
(93,684 | ) | (229,449 | ) | (329,090 | ) | ||||||
Impairment loss not recognized for tax purposes
|
2,993,098 | 1,396,160 | 2,445,786 | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes
|
170,243 | 279,874 | 117,900 | |||||||||
Income (loss) for tax return purposes, December 31, 2010
|
$ | (1,212,245 | ) | $ | (1,645,360 | ) | $ | (1,900,372 | ) |
NOTE E -
|
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Continued)
|
Series 46
|
||||
Net income (loss) for financial reporting purposes
|
$ | (3,098,043 | ) | |
Operating limited partnership rents received in advance
|
- | |||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes
|
249,528 | |||
Other
|
150,229 | |||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
|
- | |||
Excess of tax depreciation over book depreciation on operating limited partnership assets
|
(379,333 | ) | ||
Impairment loss not recognized for tax purposes
|
1,940,109 | |||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | |||
Difference due to fiscal year for book purposes and calendar year for tax purposes
|
(56,548 | ) | ||
Income (loss) for tax return purposes, December 31, 2010
|
$ | (1,194,058 | ) |
NOTE E -
|
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN
|
Total
|
Series 20
|
Series 21
|
||||||||||
Net income (loss) for financial reporting purposes
|
$ | (48,774,143 | ) | $ | (279,089 | ) | $ | 528,259 | ||||
Operating limited partnership rents received in advance
|
38,807 | - | 20,953 | |||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes
|
4,836,819 | 287,024 | (458,867 | ) | ||||||||
Other
|
628,298 | 216,131 | (8,617 | ) | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
|
(16,990,444 | ) | (1,248,392 | ) | (397,781 | ) | ||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets
|
(5,513,492 | ) | - | (177,437 | ) | |||||||
Impairment loss not recognized for tax purposes
|
27,675,675 | - | - | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes
|
(5,464,840 | ) | 11,989 | (721,715 | ) | |||||||
Income (loss) for tax return purposes, December 31, 2009
|
$ | (43,563,320 | ) | $ | (1,012,337 | ) | $ | (1,215,205 | ) |
NOTE E -
|
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Continued)
|
Series 22
|
Series 23
|
Series 24
|
||||||||||
Net income (loss) for financial reporting purposes
|
$ | (208,678 | ) | $ | (218,996 | ) | $ | (11,402 | ) | |||
Operating limited partnership rents received in advance
|
- | - | (34 | ) | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes
|
249,803 | 235,714 | 124,222 | |||||||||
Other
|
(275,423 | ) | (330,261 | ) | (483,890 | ) | ||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
|
(1,041,901 | ) | (875,250 | ) | (742,580 | ) | ||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets
|
- | (25,910 | ) | (114,634 | ) | |||||||
Impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes
|
(72,651 | ) | (51,362 | ) | (927,585 | ) | ||||||
Income (loss) for tax return purposes, December 31, 2009
|
$ | (1,348,850 | ) | $ | (1,266,065 | ) | $ | (2,155,903 | ) |
NOTE E -
|
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Continued)
|
Series 25
|
Series 26
|
Series 27
|
||||||||||
Net income (loss) for financial reporting purposes
|
$ | (87,110 | ) | $ | (1,672,971 | ) | $ | (551,574 | ) | |||
Operating limited partnership rents received in advance
|
- | 447 | 16,973 | |||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes
|
134,550 | 217,273 | 315,204 | |||||||||
Other
|
373,160 | 1,649,908 | 309,345 | |||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
|
(1,328,766 | ) | (1,238,126 | ) | (396,779 | ) | ||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets
|
(19,015 | ) | (523,379 | ) | (375,783 | ) | ||||||
Impairment loss not recognized for tax purposes
|
62,147 | 606,124 | 153,410 | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes
|
(2,242,936 | ) | (1,014,723 | ) | 81,355 | |||||||
Income (loss) for tax return purposes, December 31, 2009
|
$ | (3,107,970 | ) | $ | (1,975,447 | ) | $ | (447,849 | ) |
NOTE E -
|
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Continued)
|
Series 28
|
Series 29
|
Series 30
|
||||||||||
Net income (loss) for financial reporting purposes
|
$ | (923,375 | ) | $ | (877,090 | ) | $ | (1,486,625 | ) | |||
Operating limited partnership rents received in advance
|
737 | (7,781 | ) | (361 | ) | |||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes
|
309,116 | 331,404 | 186,169 | |||||||||
Other
|
42,066 | 112,983 | 526,912 | |||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
|
(863,856 | ) | (1,807,041 | ) | (689,908 | ) | ||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets
|
(271,285 | ) | (254,117 | ) | (197,164 | ) | ||||||
Impairment loss not recognized for tax purposes
|
183,235 | 380,451 | 615,661 | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes
|
(36,308 | ) | (14,614 | ) | 66,020 | |||||||
Income (loss) for tax return purposes, December 31, 2009
|
$ | (1,559,670 | ) | $ | (2,135,805 | ) | $ | (979,296 | ) |
NOTE E -
|
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Continued)
|
Series 31
|
Series 32
|
Series 33
|
||||||||||
Net income (loss) for financial reporting purposes
|
$ | (984,934 | ) | $ | (2,935,793 | ) | $ | (1,844,221 | ) | |||
Operating limited partnership rents received in advance
|
(142 | ) | (14,253 | ) | - | |||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes
|
364,152 | 312,615 | 159,745 | |||||||||
Other
|
(1,370,724 | ) | (211,117 | ) | (1,136,025 | ) | ||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
|
(1,178,942 | ) | (635,720 | ) | (358,096 | ) | ||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets
|
(281,537 | ) | (214,837 | ) | (110,750 | ) | ||||||
Impairment loss not recognized for tax purposes
|
796,383 | 1,688,725 | 1,267,778 | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes
|
(14,431 | ) | (992,142 | ) | (18,847 | ) | ||||||
Income (loss) for tax return purposes, December 31, 2009
|
$ | (2,670,175 | ) | $ | (3,002,522 | ) | $ | (2,040,416 | ) |
NOTE E -
|
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Continued)
|
Series 34
|
Series 35
|
Series 36
|
||||||||||
Net income (loss) for financial reporting purposes
|
$ | (2,349,137 | ) | $ | (3,359,953 | ) | $ | (2,242,113 | ) | |||
Operating limited partnership rents received in advance
|
3,945 | 1,257 | (491 | ) | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes
|
293,196 | 228,360 | 160,599 | |||||||||
Other
|
206,232 | 221,603 | (194,222 | ) | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
|
(1,176,248 | ) | (369,332 | ) | (509,244 | ) | ||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets
|
(223,172 | ) | (316,721 | ) | (123,143 | ) | ||||||
Impairment loss not recognized for tax purposes
|
1,042,951 | 2,237,536 | 1,548,176 | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes
|
344,232 | (73,959 | ) | (62,655 | ) | |||||||
Income (loss) for tax return purposes, December 31, 2009
|
$ | (1,858,001 | ) | $ | (1,431,209 | ) | $ | (1,423,093 | ) |
NOTE E -
|
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Continued)
|
Series 37
|
Series 38
|
Series 39
|
||||||||||
Net income (loss) for financial reporting purposes
|
$ | (2,780,498 | ) | $ | (2,712,997 | ) | $ | (2,291,962 | ) | |||
Operating limited partnership rents received in advance
|
19,999 | - | 5,607 | |||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes
|
204,864 | 64,400 | 86,800 | |||||||||
Other
|
(3,298 | ) | 156,288 | (74,472 | ) | |||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
|
(716,948 | ) | - | - | ||||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets
|
(175,097 | ) | (209,618 | ) | (137,744 | ) | ||||||
Impairment loss not recognized for tax purposes
|
1,849,293 | 1,863,888 | 1,331,559 | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes
|
14,743 | (82,541 | ) | (68,315 | ) | |||||||
Income (loss) for tax return purposes, December 31, 2009
|
$ | (1,586,942 | ) | $ | (920,580 | ) | $ | (1,148,527 | ) |
NOTE E -
|
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Continued)
|
Series 40
|
Series 41
|
Series 42
|
||||||||||
Net income (loss) for financial reporting purposes
|
$ | (2,709,589 | ) | $ | (2,440,525 | ) | $ | (2,439,386 | ) | |||
Operating limited partnership rents received in advance
|
(9,142 | ) | - | - | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes
|
200,017 | 246,830 | 151,056 | |||||||||
Other
|
144,610 | 128,900 | 116,359 | |||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
|
(12,174 | ) | (123,965 | ) | (418,268 | ) | ||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets
|
(158,482 | ) | (195,531 | ) | (148,272 | ) | ||||||
Impairment loss not recognized for tax purposes
|
1,565,033 | 1,370,664 | 1,688,303 | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes
|
(92,404 | ) | 145,071 | 9,108 | ||||||||
Income (loss) for tax return purposes, December 31, 2009
|
$ | (1,072,131 | ) | $ | (868,556 | ) | $ | (1,041,100 | ) |
NOTE E -
|
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Continued)
|
Series 43
|
Series 44
|
Series 45
|
||||||||||
Net income (loss) for financial reporting purposes
|
$ | (3,178,616 | ) | $ | (3,226,501 | ) | $ | (4,185,948 | ) | |||
Operating limited partnership rents received in advance
|
- | 1,199 | (106 | ) | ||||||||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes
|
281,780 | 84,701 | 16,564 | |||||||||
Other
|
(93,286 | ) | 196,305 | 272,612 | ||||||||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
|
(459,024 | ) | (344,989 | ) | (57,114 | ) | ||||||
Excess of tax depreciation over book depreciation on operating limited partnership assets
|
(178,312 | ) | (221,292 | ) | (421,048 | ) | ||||||
Impairment loss not recognized for tax purposes
|
2,024,801 | 1,198,091 | 2,117,133 | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Difference due to fiscal year for book purposes and calendar year for tax purposes
|
116,340 | 161,008 | 129,794 | |||||||||
Income (loss) for tax return purposes, December 31, 2009
|
$ | (1,486,317 | ) | $ | (2,151,478 | ) | $ | (2,128,113 | ) |
NOTE E -
|
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Continued)
|
Series 46
|
||||
Net income (loss) for financial reporting purposes
|
$ | (3,303,319 | ) | |
Operating limited partnership rents received in advance
|
- | |||
Accrued partnership fund management fee not deducted (deducted) for income tax purposes
|
49,528 | |||
Other
|
136,219 | |||
Operating limited partnership losses not recognized for financial reporting purposes under equity method of accounting
|
- | |||
Excess of tax depreciation over book depreciation on operating limited partnership assets
|
(439,212 | ) | ||
Impairment loss not recognized for tax purposes
|
2,084,333 | |||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | |||
Difference due to fiscal year for book purposes and calendar year for tax purposes
|
(57,312 | ) | ||
Income (loss) for tax return purposes, December 31, 2009
|
$ | (1,529,763 | ) |
NOTE E -
|
RECONCILIATION OF FINANCIAL STATEMENT NET INCOME (LOSS) TO TAX RETURN (Continued)
|
Total
|
Series 20
|
Series 21
|
||||||||||
Investments in operating limited partnerships - tax return December 31, 2010
|
$ | 147,318,452 | $ | (3,125,030 | ) | $ | (2,501,071 | ) | ||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method
|
69,799,719 | 4,390,990 | 3,194,073 | |||||||||
Impairment loss in investment in operating limited partnerships
|
(227,774,198 | ) | (4,628,785 | ) | (558,938 | ) | ||||||
Historic tax credits - cumulative
|
978,267 | 570,617 | - | |||||||||
Less share of loss - three months ended March 31, 2011
|
(1,934,902 | ) | (159,224 | ) | (351,701 | ) | ||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
5,470,472 | - | 318,421 | |||||||||
Other
|
53,373,406 | 2,951,432 | (100,784 | ) | ||||||||
Investments in operating limited partnerships - as reported
|
$ | 47,231,216 | $ | - | $ | - |
Series 22
|
Series 23
|
Series 24
|
||||||||||
Investments in operating limited partnerships - tax return December 31, 2010
|
$ | (2,740,591 | ) | $ | 1,991,584 | $ | 491,068 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method
|
5,943,983 | 3,329,750 | 3,647,829 | |||||||||
Impairment loss in investment in operating limited partnerships
|
(5,199,302 | ) | (9,088,660 | ) | (4,342,280 | ) | ||||||
Historic tax credits - cumulative
|
223,537 | - | - | |||||||||
Less share of loss - three months ended March 31, 2011
|
(192,813 | ) | (148,731 | ) | (81,405 | ) | ||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
318,421 | - | - | |||||||||
Other
|
1,646,765 | 3,916,057 | 284,788 | |||||||||
Investments in operating limited partnerships - as reported
|
$ | - | $ | - | $ | - |
Series 25
|
Series 26
|
Series 27
|
||||||||||
Investments in operating limited partnerships - tax return December 31, 2010
|
$ | 3,696,437 | $ | 2,611,970 | $ | 1,078,723 | ||||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method
|
5,523,117 | 5,096,582 | 1,850,649 | |||||||||
Impairment loss in investment in operating limited partnerships
|
(7,580,319 | ) | (11,189,730 | ) | (6,874,310 | ) | ||||||
Historic tax credits - cumulative
|
- | - | - | |||||||||
Less share of loss - three months ended March 31, 2011
|
(93,998 | ) | (120,610 | ) | (266,164 | ) | ||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Other
|
(1,545,237 | ) | 3,601,788 | 4,211,102 | ||||||||
Investments in operating limited partnerships - as reported
|
$ | - | $ | - | $ | - |
Series 28
|
Series 29
|
Series 30
|
||||||||||
Investments in operating limited partnerships - tax return December 31, 2010
|
$ | 12,081,204 | $ | 3,084,892 | $ | 2,740,992 | ||||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method
|
2,211,713 | 5,003,158 | 3,614,190 | |||||||||
Impairment loss in investment in operating limited partnerships
|
(17,807,948 | ) | (10,917,337 | ) | (6,586,053 | ) | ||||||
Historic tax credits - cumulative
|
- | - | - | |||||||||
Less share of loss - three months ended March 31, 2011
|
(129,668 | ) | (265,241 | ) | - | |||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | 1,562,366 | |||||||||
Other
|
3,644,699 | 3,094,528 | (1,331,495 | ) | ||||||||
Investments in operating limited partnerships - as reported
|
$ | - | $ | - | $ | - |
Series 31
|
Series 32
|
Series 33
|
||||||||||
Investments in operating limited partnerships - tax return December 31, 2010
|
$ | 5,289,903 | $ | 9,922,000 | $ | 7,001,204 | ||||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method
|
4,506,357 | 2,827,815 | 846,730 | |||||||||
Impairment loss in investment in operating limited partnerships
|
(15,337,400 | ) | (14,747,021 | ) | (10,148,264 | ) | ||||||
Historic tax credits - cumulative
|
- | 184,113 | - | |||||||||
Less share of loss - three months ended March 31, 2011
|
(125,347 | ) | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Other
|
5,698,263 | 1,865,887 | 2,300,330 | |||||||||
Investments in operating limited partnerships - as reported
|
$ | 31,776 | $ | 52,794 | $ | - |
Series 34
|
Series 35
|
Series 36
|
||||||||||
Investments in operating limited partnerships - tax return December 31, 2010
|
$ | 6,570,887 | $ | 7,635,511 | $ | 2,532,219 | ||||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method
|
6,024,334 | 1,402,962 | 2,991,705 | |||||||||
Impairment loss in investment in operating limited partnerships
|
(11,515,855 | ) | (12,335,090 | ) | (7,631,014 | ) | ||||||
Historic tax credits - cumulative
|
- | - | - | |||||||||
Less share of loss - three months ended March 31, 2011
|
- | - | - | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
3,271,264 | - | - | |||||||||
Other
|
(4,350,630 | ) | 3,390,108 | 2,164,796 | ||||||||
Investments in operating limited partnerships - as reported
|
$ | - | $ | 93,491 | $ | 57,706 |
Series 37
|
Series 38
|
Series 39
|
||||||||||
Investments in operating limited partnerships - tax return December 31, 2010
|
$ | 5,263,593 | $ | 8,396,507 | $ | 6,728,464 | ||||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method
|
1,790,131 | 26,361 | 24,870 | |||||||||
Impairment loss in investment in operating limited partnerships
|
(8,573,117 | ) | (9,674,189 | ) | (6,518,542 | ) | ||||||
Historic tax credits - cumulative
|
- | - | - | |||||||||
Less share of loss - three months ended March 31, 2011
|
- | - | - | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Other
|
1,555,872 | 2,250,844 | 1,143,374 | |||||||||
Investments in operating limited partnerships - as reported
|
$ | 36,479 | $ | 999,523 | $ | 1,378,166 |
Series 40
|
Series 41
|
Series 42
|
||||||||||
Investments in operating limited partnerships - tax return December 31, 2010
|
$ | 9,245,754 | $ | 3,937,382 | $ | 8,284,193 | ||||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method
|
97,664 | 688,361 | 822,137 | |||||||||
Impairment loss in investment in operating limited partnerships
|
(8,603,775 | ) | (5,210,063 | ) | (7,344,121 | ) | ||||||
Historic tax credits - cumulative
|
- | - | - | |||||||||
Less share of loss - three months ended March 31, 2011
|
- | - | - | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Other
|
1,751,432 | 3,395,904 | 1,978,592 | |||||||||
Investments in operating limited partnerships - as reported
|
$ | 2,491,075 | $ | 2,811,584 | $ | 3,740,801 |
Series 43
|
Series 44
|
Series 45
|
||||||||||
Investments in operating limited partnerships - tax return December 31, 2010
|
$ | 10,413,640 | $ | 6,573,407 | $ | 16,189,178 | ||||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method
|
1,578,414 | 2,154,981 | 210,863 | |||||||||
Impairment loss in investment in operating limited partnerships
|
(7,522,774 | ) | (5,000,278 | ) | (7,418,185 | ) | ||||||
Historic tax credits - cumulative
|
- | - | - | |||||||||
Less share of loss - three months ended March 31, 2011
|
- | - | - | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Other
|
2,143,868 | 1,476,993 | 3,104,914 | |||||||||
Investments in operating limited partnerships - as reported
|
$ | 6,613,148 | $ | 5,205,103 | $ | 12,086,770 |
Series 46
|
||||
Investments in operating limited partnerships - tax return December 31, 2010
|
$ | 13,924,432 | ||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method
|
- | |||
Impairment loss in investment in operating limited partnerships
|
(5,420,848 | ) | ||
Historic tax credits - cumulative
|
- | |||
Less share of loss - three months ended March 31, 2011
|
- | |||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | |||
Other
|
3,129,216 | |||
Investments in operating limited partnerships - as reported
|
$ | 11,632,800 |
Total
|
Series 20
|
Series 21
|
||||||||||
Investments in operating limited partnerships - tax return December 31, 2009
|
$ | 187,363,289 | $ | (3,789,823 | ) | $ | (2,654,739 | ) | ||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method
|
50,576,578 | 4,276,869 | 3,920,551 | |||||||||
Impairment loss in investment in operating limited partnerships
|
(226,406,734 | ) | (5,812,210 | ) | (709,601 | ) | ||||||
Historic tax credits - cumulative
|
978,267 | 570,617 | - | |||||||||
Less share of loss - three months ended March 31, 2010
|
(2,077,480 | ) | (268,202 | ) | (399,312 | ) | ||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Other
|
69,169,408 | 5,022,749 | (156,899 | ) | ||||||||
Investments in operating limited partnerships - as reported
|
$ | 79,603,328 | $ | - | $ | - |
Series 22
|
Series 23
|
Series 24
|
||||||||||
Investments in operating limited partnerships - tax return December 31, 2009
|
$ | (1,579,342 | ) | $ | 2,762,963 | $ | 215,542 | |||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method
|
5,077,203 | 3,145,170 | 3,060,446 | |||||||||
Impairment loss in investment in operating limited partnerships
|
(6,519,050 | ) | (11,704,924 | ) | (4,336,246 | ) | ||||||
Historic tax credits - cumulative
|
223,537 | - | - | |||||||||
Less share of loss - three months ended March 31, 2010
|
(203,385 | ) | (152,590 | ) | (81,405 | ) | ||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Other
|
3,001,037 | 5,949,381 | 1,141,663 | |||||||||
Investments in operating limited partnerships - as reported
|
$ | - | $ | - | $ | - |
Series 25
|
Series 26
|
Series 27
|
||||||||||
Investments in operating limited partnerships - tax return December 31, 2009
|
$ | 3,668,395 | $ | 8,556,466 | $ | 6,017,081 | ||||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method
|
5,534,834 | 4,015,497 | 1,492,182 | |||||||||
Impairment loss in investment in operating limited partnerships
|
(9,276,439 | ) | (17,408,272 | ) | (10,747,592 | ) | ||||||
Historic tax credits - cumulative
|
- | - | - | |||||||||
Less share of loss - three months ended March 31, 2010
|
(126,188 | ) | (120,610 | ) | (205,532 | ) | ||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Other
|
199,398 | 4,956,919 | 5,786,012 | |||||||||
Investments in operating limited partnerships - as reported
|
$ | - | $ | - | $ | 2,342,151 |
Series 28
|
Series 29
|
Series 30
|
||||||||||
Investments in operating limited partnerships - tax return December 31, 2009
|
$ | 13,678,528 | $ | 5,148,531 | $ | 4,749,858 | ||||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method
|
1,078,508 | 3,360,666 | 1,007,974 | |||||||||
Impairment loss in investment in operating limited partnerships
|
(17,737,386 | ) | (10,917,337 | ) | (8,061,818 | ) | ||||||
Historic tax credits - cumulative
|
- | - | - | |||||||||
Less share of loss - three months ended March 31, 2010
|
(129,668 | ) | (265,241 | ) | - | |||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Other
|
3,110,018 | 2,697,776 | 2,387,028 | |||||||||
Investments in operating limited partnerships - as reported
|
$ | - | $ | 24,395 | $ | 83,042 |
Series 31
|
Series 32
|
Series 33
|
||||||||||
Investments in operating limited partnerships - tax return December 31, 2009
|
$ | 6,797,484 | $ | 14,375,654 | $ | 8,881,079 | ||||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method
|
2,850,713 | 1,616,565 | 382,388 | |||||||||
Impairment loss in investment in operating limited partnerships
|
(15,170,789 | ) | (15,384,682 | ) | (10,291,840 | ) | ||||||
Historic tax credits - cumulative
|
- | 184,113 | - | |||||||||
Less share of loss - three months ended March 31, 2010
|
(125,347 | ) | - | - | ||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Other
|
5,690,303 | (92,898 | ) | 1,178,526 | ||||||||
Investments in operating limited partnerships - as reported
|
$ | 42,364 | $ | 698,752 | $ | 150,153 |
Series 34
|
Series 35
|
Series 36
|
||||||||||
Investments in operating limited partnerships - tax return December 31, 2009
|
$ | 7,863,074 | $ | 9,063,541 | $ | 3,810,380 | ||||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method
|
1,522,530 | 981,337 | 2,329,999 | |||||||||
Impairment loss in investment in operating limited partnerships
|
(11,262,189 | ) | (10,461,943 | ) | (6,225,751 | ) | ||||||
Historic tax credits - cumulative
|
- | - | - | |||||||||
Less share of loss - three months ended March 31, 2010
|
- | - | - | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Other
|
2,328,735 | 2,993,106 | 1,898,119 | |||||||||
Investments in operating limited partnerships - as reported
|
$ | 452,150 | $ | 2,576,041 | $ | 1,812,747 |
Series 37
|
Series 38
|
Series 39
|
||||||||||
Investments in operating limited partnerships - tax return December 31, 2009
|
$ | 6,593,969 | $ | 9,120,562 | $ | 7,555,552 | ||||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method
|
716,948 | - | - | |||||||||
Impairment loss in investment in operating limited partnerships
|
(7,574,998 | ) | (7,521,557 | ) | (4,829,727 | ) | ||||||
Historic tax credits - cumulative
|
- | - | - | |||||||||
Less share of loss - three months ended March 31, 2010
|
- | - | - | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Other
|
1,664,262 | 2,162,774 | 1,244,279 | |||||||||
Investments in operating limited partnerships - as reported
|
$ | 1,400,181 | $ | 3,761,779 | $ | 3,970,104 |
Series 40
|
Series 41
|
Series 42
|
||||||||||
Investments in operating limited partnerships - tax return December 31, 2009
|
$ | 10,184,085 | $ | 4,578,769 | $ | 9,076,505 | ||||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method
|
12,174 | 600,595 | 779,836 | |||||||||
Impairment loss in investment in operating limited partnerships
|
(6,838,944 | ) | (4,120,934 | ) | (5,798,474 | ) | ||||||
Historic tax credits - cumulative
|
- | - | - | |||||||||
Less share of loss - three months ended March 31, 2010
|
- | - | - | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Other
|
1,500,860 | 3,535,241 | 1,577,193 | |||||||||
Investments in operating limited partnerships - as reported
|
$ | 4,858,175 | $ | 4,593,671 | $ | 5,635,060 |
Series 43
|
Series 44
|
Series 45
|
||||||||||
Investments in operating limited partnerships - tax return December 31, 2009
|
$ | 11,565,237 | $ | 8,170,664 | $ | 17,881,509 | ||||||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method
|
1,287,962 | 1,360,885 | 164,746 | |||||||||
Impairment loss in investment in operating limited partnerships
|
(5,563,126 | ) | (3,611,213 | ) | (4,972,399 | ) | ||||||
Historic tax credits - cumulative
|
- | - | - | |||||||||
Less share of loss - three months ended March 31, 2010
|
- | - | - | |||||||||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | - | - | |||||||||
Other
|
1,969,356 | 1,864,162 | 2,668,848 | |||||||||
Investments in operating limited partnerships - as reported
|
$ | 9,259,429 | $ | 7,784,498 | $ | 15,742,704 |
Series 46
|
||||
Investments in operating limited partnerships - tax return December 31, 2009
|
$ | 15,071,765 | ||
Operating limited partnership losses not recognized for financial reporting purposes under the equity method
|
- | |||
Impairment loss in investment in operating limited partnerships
|
(3,547,293 | ) | ||
Historic tax credits - cumulative
|
- | |||
Less share of loss - three months ended March 31, 2010
|
- | |||
Operating limited partnership impairment loss not recognized for tax purposes
|
- | |||
Other
|
2,891,460 | |||
Investments in operating limited partnerships - as reported
|
$ | 14,415,932 |
/s/ Summers, Spencer & Company, CPA
|
/s/ Novogradac & Company LLP
|
/s/ Summers, Spencer & Company, CPA
|
/s/ Summers, Spencer & Company, CPA
|
/s/ Summers, Spencer & Company, CPA
|
/s/ Child, Van Wagoner & Bradshaw, PLLC
|
/s/ Novogradac & Company LLP
|
/s/ Summers, Spencer & Company, CPA
|
/s/ Child, Van Wagoner & Bradshaw, PLLC
|
/s/ Child, Van Wagoner & Bradshaw, PLLC
|
/s/ Child, Van Wagoner & Bradshaw, PLLC
|
/s/ Child, Van Wagoner & Bradshaw, PLLC
|
/s/ Child, Van Wagoner & Bradshaw, PLLC
|
/s/ Summers, Spencer & Company, CPA
|
/s/ Child, Van Wagoner & Bradshaw, PLLC
|
/s/ Child, Van Wagoner & Bradshaw, PLLC
|
/s/ Child, Van Wagoner & Bradshaw, PLLC
|
/s/ Novogradac & Company LLP
|
/s/ Child, Van Wagoner & Bradshaw, PLLC
|
/s/ Child, Van Wagoner & Bradshaw, PLLC
|
/s/ Child, Van Wagoner & Bradshaw, PLLC
|
/s/ Child, Van Wagoner & Bradshaw, PLLC
|
/s/ Child, Van Wagoner & Bradshaw, PLLC
|
/s/ Child, Van Wagoner & Bradshaw, PLLC
|
/s/ Child, Van Wagoner & Bradshaw, PLLC
|
/s/ Child, Van Wagoner & Bradshaw, PLLC
|
/s/ Child, Van Wagoner & Bradshaw, PLLC
|
/s/ Novogradac & Co LLP
|
/s/ Child, Van Wagoner & Bradshaw, PLLC
|
/s/ Child, Van Wagoner & Bradshaw, PLLC
|
1.
|
I have reviewed this annual report on Form 10-K of Boston Capital Tax Credit Fund IV L.P.;
|
2.
|
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
|
3.
|
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
|
4.
|
The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f))for the registrant and have:
|
(a)
|
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
|
(b)
|
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
|
(c)
|
Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
|
(d)
|
Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
|
5.
|
The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
|
(a)
|
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
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(b)
|
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
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Date: July 13, 2011
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/s/ John P. Manning
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|
John P. Manning
|
||
Principal Executive Officer
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1.
|
I have reviewed this annual report on Form 10-K of Boston Capital Tax Credit Fund IV L.P.;
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2.
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Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
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3.
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Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
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4.
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The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f))for the registrant and have:
|
(a)
|
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
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(b)
|
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
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(c)
|
Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
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(d)
|
Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
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5.
|
The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
|
(a)
|
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
|
(b)
|
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.
|
Date: July 13, 2011
|
/s/ Marc N. Teal
|
|
Marc N. Teal
Principal Financial Officer
|
|
(1)
|
The Report fully complies with the requirements of section 13(a)-15 or 15(d)-15 of the Securities and Exchange Act of 1934; and
|
|
(2)
|
The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Fund.
|
Date:
|
||
July 13, 2011
|
/s/ John P. Manning
|
|
John P. Manning
|
||
Principal Executive Officer
|
|
(1)
|
The Report fully complies with the requirements of section 13(a)-15 or 15(d)-15 of the Securities and Exchange Act of 1934; and
|
|
(2)
|
The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Fund.
|
Date:
|
||
July 13, 2011
|
/s/ Marc N. Teal
|
|
Marc. N. Teal
|
||
Principal Financial Officer
|