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BALANCE SHEETS (USD $)
Mar. 30, 2014
Mar. 30, 2013
BALANCE SHEETS    
Cash and cash equivalents $ 111,475 $ 141,858
Investment in Pemberwick Fund - a short duration bond fund 654,505 819,873
Total cash and liquid investments 765,980 961,731
Investment in local partnerships 2,518,186 2,435,800
Total assets 3,284,166 3,397,531
Accounts payable and accrued expenses 23,137 27,587
Payable to manager and affiliates 717,095 816,571
Total liabilities 740,232 844,158
Commitments and contingencies      
Manager (138,488) (138,446)
Beneficial owners (18,654 units of beneficial ownership interest outstanding) 2,677,898 2,682,020
Accumulated other comprehensive income 4,524 9,799
Total equity (deficit) 2,543,934 2,553,373
Total liabilities & equity (deficit) $ 3,284,166 $ 3,397,531