Significant Subsidiaries

9 Months Ended

Sep. 30, 2013

Equity Method Investments, Summarized Financial Information [Abstract]

Significant Subsidiaries

SIGNIFICANT SUBSIDIARIES

The following Local Partnership invested in by the Partnership represents more than 20% of the Partnership’s total assets or equity as of September 30, 2013 and 2012 or net income (loss) for the periods then ended. The following financial information represents the performance of this Local Partnership for the periods ended September 30, 2013 and 2012. The financial information is compiled from information supplied by the management agent of the Local Partnership property and is unaudited.

Tradewinds Terrace	2013			2012
Total Assets	$	1,380,002		$	1,398,924
Total Liabilities	$	66,405		$	70,373
Revenue	$	614,311		$	643,347
Net (Loss) Income	$	(64,061	)	$	8,381