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        <RevenueAmt>1810255</RevenueAmt>
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        <RevenueAmt>1780681</RevenueAmt>
        <Desc>CAMPANION AT BRIDLE RIDGE APARTMENTS, LOCATED AT 310 CHANDLER ROAD, GREER, SC 29651, HAS 152 MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <Desc>TO PROVIDE LOW-INCOME HOUSING.</Desc>
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        <RevenueAmt>618075</RevenueAmt>
        <Desc>ASBURY PLACE OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <RevenueAmt>811937</RevenueAmt>
        <Desc>BEACON BAY OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <RevenueAmt>401970</RevenueAmt>
        <Desc>BLUESTONE OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <RevenueAmt>736595</RevenueAmt>
        <Desc>BLUFFVIEW VILLAS OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <RevenueAmt>763464</RevenueAmt>
        <Desc>BRENHAM OAKS OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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      <ProgSrvcAccomActyOtherGrp>
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        <RevenueAmt>295837</RevenueAmt>
        <Desc>CANAL PLACE OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <RevenueAmt>211916</RevenueAmt>
        <Desc>CEDAR DRIVE OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <RevenueAmt>304488</RevenueAmt>
        <Desc>CENTRAL PLACE OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <RevenueAmt>693767</RevenueAmt>
        <Desc>CREEK CROSSING OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <Desc>CREEKSTONE RANCH OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <RevenueAmt>464646</RevenueAmt>
        <Desc>EL DORADO OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <Desc>GATEWAY OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <Desc>GLENWOOD OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <Desc>HIGHLAND GARDENS OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <RevenueAmt>849165</RevenueAmt>
        <Desc>HIGHLAND OAKS HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <RevenueAmt>107143</RevenueAmt>
        <Desc>HUBBARD OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <Desc>LAKE JACKSON OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <Desc>MARIPOSA GARDENS OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <RevenueAmt>265681</RevenueAmt>
        <Desc>MISSION OAKS OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <Desc>OAK TREE OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <Desc>PLUM CREEK OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <Desc>TIERRA BLANCA OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <Desc>WESTVIEW RANCH OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <Desc>WINDING WAY OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <Desc>WINDSTAR OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <Desc>WOODVIEW OTM HARMONY LP HAS MULTIFAMILY UNITS THAT ARE LEASED TO PROVIDE LOW INCOME HOUSING TO THOSE INDIVIDUALS NEEDING PUBLIC HOUSING ASSISTANCE.</Desc>
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        <OwnershipPct>0.99990</OwnershipPct>
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      <IdRelatedOrgTxblCorpTrGrp>
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        <PrimaryActivitiesTxt>REAL ESTATE</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>DE</LegalDomicileStateCd>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>FOUNDATION FOR AFFORDABLE RENTAL HOUSING HOLDINGS INC</BusinessNameLine1Txt>
        </DirectControllingEntityName>
        <EntityTypeTxt>C</EntityTypeTxt>
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        <ShareOfEOYAssetsAmt>57104175</ShareOfEOYAssetsAmt>
        <OwnershipPct>1.00000</OwnershipPct>
        <ControlledOrganizationInd>0</ControlledOrganizationInd>
      </IdRelatedOrgTxblCorpTrGrp>
      <ReceiptOfIntAnntsRntsRyltsInd>0</ReceiptOfIntAnntsRntsRyltsInd>
      <GiftGrntOrCapContriToOthOrgInd>0</GiftGrntOrCapContriToOthOrgInd>
      <GiftGrntCapContriFromOthOrgInd>0</GiftGrntCapContriFromOthOrgInd>
      <LoansOrGuaranteesToOtherOrgInd>0</LoansOrGuaranteesToOtherOrgInd>
      <LoansOrGuaranteesFromOthOrgInd>0</LoansOrGuaranteesFromOthOrgInd>
      <DivRelatedOrganizationInd>0</DivRelatedOrganizationInd>
      <AssetSaleToOtherOrgInd>0</AssetSaleToOtherOrgInd>
      <AssetPurchaseFromOtherOrgInd>0</AssetPurchaseFromOtherOrgInd>
      <AssetExchangeInd>0</AssetExchangeInd>
      <RentalOfFacilitiesToOthOrgInd>0</RentalOfFacilitiesToOthOrgInd>
      <RentalOfFcltsFromOthOrgInd>0</RentalOfFcltsFromOthOrgInd>
      <PerformOfServicesForOthOrgInd>0</PerformOfServicesForOthOrgInd>
      <PerformOfServicesByOtherOrgInd>0</PerformOfServicesByOtherOrgInd>
      <SharingOfFacilitiesInd>0</SharingOfFacilitiesInd>
      <PaidEmployeesSharingInd>0</PaidEmployeesSharingInd>
      <ReimbursementPaidToOtherOrgInd>0</ReimbursementPaidToOtherOrgInd>
      <ReimbursementPaidByOtherOrgInd>0</ReimbursementPaidByOtherOrgInd>
      <TransferToOtherOrgInd>0</TransferToOtherOrgInd>
      <TransferFromOtherOrgInd>0</TransferFromOtherOrgInd>
    </IRS990ScheduleR>
  </ReturnData>
</Return>