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      <EndowmentsHeldByUnrelatedOrgs>false</EndowmentsHeldByUnrelatedOrgs>
      <EndowmentsHeldByRelatedOrgs>false</EndowmentsHeldByRelatedOrgs>
      <AreRelatedOrgsListedScheduleR>false</AreRelatedOrgsListedScheduleR>
      <Buildings>
        <OtherCostOrOtherBasis>1335885</OtherCostOrOtherBasis>
        <Depreciation>759502</Depreciation>
        <BookValue>576383</BookValue>
      </Buildings>
      <TotalOfBookValueLandBuildings>576383</TotalOfBookValueLandBuildings>
      <OtherAssets>
        <Description>ESCROWED FUNDS</Description>
        <BookValue>69104</BookValue>
      </OtherAssets>
      <TotalBookValueOtherAssets>69104</TotalBookValueOtherAssets>
      <OtherLiabilities>
        <Description>TENANT SECURITY DEPOSITS FUNDED</Description>
        <Amount>12631</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>ACCRUED INTEREST</Description>
        <Amount>2096</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>PREPAID RENT</Description>
        <Amount>4</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>14731</TotalOfAmounts>
    </IRS990ScheduleD>
    <IRS990ScheduleO documentId="RetDoc5">
      <GeneralExplanation>
        <Identifier>MANAGEMENT DELEGATED</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 3</ReturnReference>
        <Explanation>THE RENTAL PROPERTIES ARE MANAGED BY A PROPERTY MANAGEMENT COMPANY EXPERIENCED IN THE RULES AND REGULATIONS RELATED TO GOVERNMENT SUBSIDIZED PROPERITES</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S PROCESS USED TO REVIEW FORM 990</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 11B</ReturnReference>
        <Explanation>FORM 990 IS PRESENTED AT A BOARD MEETING FOR REVIEW</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR TOP OFFICIAL</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15A</ReturnReference>
        <Explanation>MANAGEMENT AGENT MAKES ALL COMPENSATION DECISIONS</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR OFFICERS</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15B</ReturnReference>
        <Explanation>COMPENSATION IS PAID TO EMPLOYEES BY A MANAGEMENT COMPANY. ALL COMPENSATION DECISIONS ARE MADE BY THE MANAGEMENT COMPANY.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 19</ReturnReference>
        <Explanation>GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>