SUBSEQUENT EVENTS

12 Months Ended

Mar. 31, 2015

Subsequent Events [Abstract]

Subsequent Events [Text Block]

NOTE H - SUBSEQUENT EVENTS

Subsequent to March 31, 2015, the Fund has entered into agreements to either sell or transfer its interests in eight operating limited partnerships, all of which closed by June 2015. The sales price and other terms for the disposition of the operating limited partnerships has been determined. The proceeds received for the operating limited partnerships were $3,420,500. The gain on the dispositions of these operating limited partnerships was $3,394,500 and was recognized in the first quarter of the fiscal year ended 2016.