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STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Sep. 29, 2013
Sep. 29, 2012
Sep. 29, 2013
Sep. 29, 2012
STATEMENTS OF OPERATIONS        
Interest $ 2,417 $ 2,613 $ 4,885 $ 5,310
Other income from local partnerships 750   3,750 3,750
TOTAL REVENUE 3,167 2,613 8,635 9,060
Management fee 40,062 44,909 80,123 89,818
Professional fees 12,296 12,831 21,254 21,213
Printing, postage and other 2,764 6,194 3,121 7,312
TOTAL EXPENSES 55,122 63,934 104,498 118,343
LOSS BEFORE EQUITY IN INCOME OF INVESTMENT IN LOCAL PARTNERSHIPS (51,955) (61,321) (95,863) (109,283)
Equity in income of investment in local partnerships 68,986 11,798 160,291 106,127
NET INCOME (LOSS) 17,031 (49,523) 64,428 (3,156)
Manager income (loss) 170 (496) 644 (32)
Beneficial owners income (loss) $ 16,861 $ (49,027) $ 63,784 $ (3,124)
NET INCOME (LOSS) per unit of beneficial ownership interest (18,654 units of beneficial ownership interest) $ 0.90 $ (2.63) $ 3.42 $ (0.17)