Significant Subsidiaries

9 Months Ended

Dec. 31, 2012

Significant Subsidiaries [Abstract]

Significant Subsidiaries [Text Block]

2.      Significant Subsidiaries

The following Local Limited Partnerships invested in by the Fund represent more than 20% of the Fund’s total assets or equity as of December 31, 2012 or 2011 or net income (loss) for the three months then ended.  The following financial information represents the performance of these Local Limited Partnerships for the three months ended September 30, 2012 and 2011:

	2012		2011
Pilot House Associates Limited Partnership
Revenue	$	325,472	$	325,506
Net Income	$	64,180	$	77,969
Preston Place Associates Limited Partnership
Revenue		N/A	$	278,363
Net Income		N/A	$	84,026