RELATED PARTY TRANSACTIONS

3 Months Ended

Jun. 30, 2016

 NOTE C - RELATED PARTY TRANSACTIONS

 The Fund has entered into several transactions with various affiliates of the general partner of the Fund, including Boston Capital Holdings Limited Partnership, Boston Capital Securities, Inc., and Boston Capital Asset Management Limited Partnership as follows:

 An annual fund management fee of .5 percent of the aggregate cost of all apartment complexes owned by the Operating Partnerships has been accrued to Boston Capital Asset Management Limited Partnership. Since reporting fees collected by the various series were added to reserves and not paid to Boston Capital Asset Management Limited Partnership, the amounts accrued are not net of reporting fees received. The fund management fees accrued for the quarters ended June 30, 2016 and 2015, are as follows:

	2016	2015
Series 20	$ 8,238	$ 8,238
Series 21	2,718	14,325
Series 22	7,302	12,990
Series 23	9,552	17,682
Series 24	12,588	12,588
Series 25	5,934	5,934
Series 26	24,717	28,615
Series 27	38,358	38,358
Series 28	18,147	31,455
Series 29	20,546	25,385
Series 30	17,421	24,515
Series 31	37,521	47,002
Series 32	43,080	56,622
Series 33	16,398	23,733
Series 34	23,317	30,093
Series 35	29,893	37,982
Series 36	23,702	33,120
Series 37	39,330	39,330
Series 38	36,936	41,100
Series 39	21,217	31,485
Series 40	38,716	50,004
Series 41	56,148	59,391
Series 42	42,870	61,560
Series 43	57,693	76,695
Series 44	63,657	63,657
Series 45	70,800	70,800
Series 46	62,382	62,382
	$829,181	$1,005,041

  The fund management fees paid for the three months ended June 30, 2016 and 2015 are as follows:

	2016	2015
Series 20	$ -	$ 70,580
Series 24	12,588	12,588
Series 25	5,934	5,934
Series 26	24,717	28,615
Series 27	38,358	38,358
Series 28	18,147	28,434
Series 29	153,500	278,493
Series 30	-	72,630
Series 31	37,521	2,425,567
Series 32	98,790	93,416
Series 33	-	53,079
Series 34	291,000	502,727
Series 35	928,250	-
Series 36	571,611	-
Series 38	32,421	-
Series 40	287,722	-
Series 41	100,000	-
Series 42	1,636,735	103,508
Series 43	1,049,762	-
	$5,287,056	$3,713,929