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      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>true</FederalGrantAuditRequiredInd>
      <FederalGrantAuditPerformedInd>true</FederalGrantAuditPerformedInd>
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      <PublicOrganization170Ind>X</PublicOrganization170Ind>
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        <CurrentTaxYearAmt>97548</CurrentTaxYearAmt>
        <TotalAmt>475261</TotalAmt>
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        <CurrentTaxYearMinus4YearsAmt>95999</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>94261</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>91754</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>95699</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>97548</CurrentTaxYearAmt>
        <TotalAmt>475261</TotalAmt>
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      <PublicSupportTotal170Amt>475261</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
        <CurrentTaxYearMinus4YearsAmt>155</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>151</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>142</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>35</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>14</CurrentTaxYearAmt>
        <TotalAmt>497</TotalAmt>
      </GrossInvestmentIncome170Grp>
      <TotalSupportAmt>475758</TotalSupportAmt>
      <GrossReceiptsRltdActivitiesAmt>1125167</GrossReceiptsRltdActivitiesAmt>
      <PublicSupportCY170Pct>0.99900</PublicSupportCY170Pct>
      <PublicSupportPY170Pct>0.99860</PublicSupportPY170Pct>
      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="RetDoc3">
      <AgentTrusteeEtcInd>false</AgentTrusteeEtcInd>
      <InclEscrowCustodialAcctLiabInd>true</InclEscrowCustodialAcctLiabInd>
      <ExplanationProvidedInd>X</ExplanationProvidedInd>
      <LandGrp>
        <OtherCostOrOtherBasisAmt>429929</OtherCostOrOtherBasisAmt>
        <BookValueAmt>429929</BookValueAmt>
      </LandGrp>
      <BuildingsGrp>
        <OtherCostOrOtherBasisAmt>3173065</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>1691322</DepreciationAmt>
        <BookValueAmt>1481743</BookValueAmt>
      </BuildingsGrp>
      <OtherLandBuildingsGrp>
        <OtherCostOrOtherBasisAmt>67088</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>54754</DepreciationAmt>
        <BookValueAmt>12334</BookValueAmt>
      </OtherLandBuildingsGrp>
      <TotalBookValueLandBuildingsAmt>1924006</TotalBookValueLandBuildingsAmt>
      <TotalRevEtcAuditedFinclStmtAmt>264308</TotalRevEtcAuditedFinclStmtAmt>
      <RevenueSubtotalAmt>264308</RevenueSubtotalAmt>
      <TotalRevenuePerForm990Amt>264308</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>340119</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>340119</ExpensesSubtotalAmt>
      <TotalExpensesPerForm990Amt>340119</TotalExpensesPerForm990Amt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 2, PART IV, LINE 2B</FormAndLineReferenceDesc>
        <ExplanationTxt>FUNDS COLLECTED AS TENANT SECURITY DEPOSITS ARE HELD IN A SEPARATE TRUST ACCOUNT.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
    <IRS990ScheduleO documentId="RetDoc4">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION HAS CONTRACTED WITH RESIDENTIAL PROPERTIES MANAGEMENT, INC TO MANAGE ALL DAY TO DAY OPERATIONS OF THE APARTMENT COMPLEX.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>FEDERAL FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW AND SIGNATURE FOR THE PURPOSE OF FILING THE RETURN</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>UPON REQUEST</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 11G</FormAndLineReferenceDesc>
        <ExplanationTxt>CONTRACTS 41,305 0 0 GARBAGE REMOVAL 12,455 0 0 SECURITY 7,533 0 0 REPAIRS 3,868 0 0 TOTAL 65,161 0 0</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>
