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STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Sep. 29, 2012
Sep. 29, 2011
Sep. 29, 2012
Sep. 29, 2011
Interest $ 2,613   $ 5,310 $ 4,888
Other income from local partnerships     3,750 3,000
TOTAL REVENUE 2,613   9,060 7,888
Management fee 44,909 48,035 89,818 96,071
Professional fees 12,831 8,753 21,213 18,669
Printing, postage and other 6,194 2,130 7,312 3,098
TOTAL EXPENSES 63,934 58,918 118,343 117,838
LOSS BEFORE EQUITY IN INCOME OF INVESTMENT IN LOCAL PARTNERSHIPS (61,321) (58,918) (109,283) (109,950)
Equity in income of investment in local partnerships 11,798 57,719 106,127 134,371
NET INCOME (LOSS) (49,523) (1,199) (3,156) 24,421
Manager income (loss) (496) (12) (32) 244
Beneficial owners income (loss) $ (49,027) $ (1,187) $ (3,124) $ 24,177
NET INCOME (LOSS) per unit of beneficial ownership interest (18,654 units of beneficial ownership interest) $ (2.63) $ (0.06) $ (0.17) $ 1.30