v2.3.0.11

Statements of Operations (Unaudited) (USD $) In Thousands, except Per Share data	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Operating Expenses:
Legal and accounting	$ 12	$ 51	$ 22	$ 60
Management fees - Corporate General Partner	0	1	1	2
Administrative	3	2	5	4
Total operating expenses	15	54	28	66
Loss from partnership operations	(15)	(54)	(28)	(66)
Distributions in excess of investment in Local Limited Partnerships	8	510	8	510
Net income (loss)	(7)	456	(20)	444
Net income (loss) allocated to general partners (1%)	0	4	0	4
Net income (loss) allocated to limited partners (99%)	$ (7)	$ 452	$ (20)	$ 440
Net income (loss) per limited partnership interest	$ (0.90)	$ 58.21	$ (2.58)	$ 56.66

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The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line.

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Aggregate amount of net income allocated to general partners.

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A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer.

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