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BALANCE SHEETS (USD $)
Mar. 30, 2013
Mar. 30, 2012
BALANCE SHEETS    
Cash and cash equivalents $ 141,858 $ 405,951
Investment in Pemberwick Fund - a short duration bond fund 819,873 801,449
Total cash and liquid investments 961,731 1,207,400
Investment in local partnerships 2,435,800 2,267,000
Total assets 3,397,531 3,474,400
Accounts payable and accrued expenses 27,587 26,325
Payable to manager and affiliates 816,571 895,347
Total liabilities 844,158 921,672
Commitments and contingencies      
Manager (138,446) (138,370)
Beneficial owners (18,654 units of beneficial ownership interest outstanding) 2,682,020 2,689,570
Accumulated other comprehensive income 9,799 1,528
Total equity (deficit) 2,553,373 2,552,728
Total liabilities & equity (deficit) $ 3,397,531 $ 3,474,400