Note 2 - Investments in and Advances To Local Limited Partnerships: Condensed Combined Balance Sheets of the Local Partnerships (Tables)

12 Months Ended

Dec. 31, 2013

Tables/Schedules

Condensed Combined Balance Sheets of the Local Partnerships

Condensed Combined Balance Sheets of the Local Limited                     Partnerships
	December 31,
	2013	2012
Assets:	(in thousands - unaudited)
Land	$ 103	$ 103
Buildings and improvements	2,105	2,097
Accumulated depreciation	(1,726)	(1,689)
Other assets	365	422
Total Assets	$ 847	$ 933
Liabilities and Partners’ Deficiency:
Liabilities:
Mortgage notes payable	$ 1,409	$ 1,481
Other liabilities	169	150
Total Liabilities	1,578	1,631
Partners’ Deficiency	(731)	(698)
Total Liabilities & Partners' Deficiency	$ 847	$ 933