2. Investments in Local Limited Partnerships (Tables)

9 Months Ended

Dec. 31, 2015

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Combined Condensed Statements of Operations

COMBINED CONDENSED STATEMENTS OF OPERATIONS
	2015			2014
Revenue	$	449,000		$	451,000
Expenses:
Operating expenses		270,000			304,000
Interest expense		71,000			75,000
Depreciation and amortization		139,000			140,000
Total expenses		480,000			519,000
Net loss	$	(31,000	)		(68,000	)
Net loss allocable to the Partnership	$	(31,000	)	$	(67,000	)
Net loss recorded by the Partnership	$	-		$	-