BALANCE SHEETS (USD $)	Jun. 29, 2011	Mar. 30, 2011
Cash and liquid investments
Cash and cash equivalents	$ 229,664	$ 205,400
Investment in Pemberwick Fund	800,045	799,505
Investment in bond	96,005	99,873
Total cash and liquid investments	1,125,714	1,104,778
Interest receivable	2,317	123
Investment in local partnerships	2,319,032	2,297,912
Total assets	3,447,063	3,402,813
Liabilities
Accounts payable and accrued expenses	8,706	31,628
Payable to manager and affiliates	856,050	808,871
Total liabilities	864,756	840,499
Owners' equity (deficit)
Manager	(138,140)	(138,396)
Beneficial owners (18,654 units of beneficial ownership interest outstanding)	2,712,375	2,687,011
Accumulated other comprehensive income, net	8,072	13,699
Total equity	2,582,307	2,562,314
Total liabilities & equity	$ 3,447,063	$ 3,402,813