BALANCE SHEETS - USD ($)	Mar. 30, 2015	Mar. 30, 2014
Cash and liquid investments
Cash and cash equivalents	$ 18,886	$ 111,475
Investment in Pemberwick Fund - a short duration bond fund	363,917	654,505
Total cash and liquid investments	382,803	765,980
Investment in local partnerships	395,782	2,518,186
Total assets	778,585	3,284,166
Liabilities
Accounts payable and accrued expenses	15,925	23,137
Payable to manager and affiliates	586,503	717,095
Total liabilities	$ 602,428	$ 740,232
Commitments and contingencies
Owners' equity (deficit)
Manager	$ (162,142)	$ (138,488)
Beneficial owners (18,654 units of beneficial ownership interest outstanding)	336,253	2,677,898
Accumulated other comprehensive income	2,046	4,524
Total equity (deficit)	176,157	2,543,934
Total liabilities & equity (deficit)	$ 778,585	$ 3,284,166