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Payables to Local Limited Partnerships	3 Months Ended
Jun. 30, 2012
Payables To Local Limited Partnerships
Payables to Local Limited Partnerships	NOTE 4 - PAYABLES TO LOCAL LIMITED PARTNERSHIPS Payables to Local Limited Partnerships amounting to $468,828 and $474,328 at June 30, 2012 and March 31, 2012, respectively, represent amounts which are due at various times based on conditions specified in the Local Limited Partnership Agreements. These contributions are payable in installments and are generally due upon the Local Limited Partnerships achieving certain operating and development benchmarks (generally within two years of the Partnership’s initial investment). The payables to Local Limited Partnerships are subject to adjustment in certain circumstances.

Payables to Local Limited Partnerships

3 Months Ended

Jun. 30, 2012

Payables To Local Limited Partnerships

NOTE 4 - PAYABLES TO LOCAL LIMITED PARTNERSHIPS

Payables to Local Limited Partnerships amounting to $468,828 and $474,328 at June 30, 2012 and March 31, 2012, respectively, represent amounts which are due at various times based on conditions specified in the Local Limited Partnership Agreements. These contributions are payable in installments and are generally due upon the Local Limited Partnerships achieving certain operating and development benchmarks (generally within two years of the Partnership’s initial investment). The payables to Local Limited Partnerships are subject to adjustment in certain circumstances.