BALANCE SHEETS - USD ($)	Mar. 30, 2016	Mar. 30, 2015
Cash and liquid investments
Cash and cash equivalents	$ 9,514	$ 18,886
Investment in Pemberwick Fund - a short duration bond fund	345,488	363,917
Total cash and liquid investments	355,002	382,803
Investment in local partnerships		395,782
Total assets	355,002	778,585
Liabilities
Accounts payable and accrued expenses	26,021	15,925
Payable to manager and affiliates	694,861	586,503
Total liabilities	$ 720,882	$ 602,428
Commitments and contingencies
Owners' equity (deficit)
Manager	$ (367,116)	$ (162,142)
Beneficial owners (18,654 units of beneficial ownership interest outstanding)		336,253
Accumulated other comprehensive income	1,236	2,046
Total equity (deficit)	(365,880)	176,157
Total liabilities & equity (deficit)	$ 355,002	$ 778,585