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          <AddressUS>
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            <State>NC</State>
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        </AddressOfContractor>
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      <TotalContributions>134750</TotalContributions>
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        <BusinessCode>900099</BusinessCode>
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        <RelatedOrExemptFunctionIncome>5535336</RelatedOrExemptFunctionIncome>
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      <ProgramServiceRevenue>
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        <BusinessCode>900099</BusinessCode>
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        <RelatedOrExemptFunctionIncome>2139568</RelatedOrExemptFunctionIncome>
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        <BusinessCode>531390</BusinessCode>
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        <RelatedOrExemptFunctionIncome>1172558</RelatedOrExemptFunctionIncome>
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        <RelatedOrExemptFunctionIncome>192406</RelatedOrExemptFunctionIncome>
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        <ProgramServices>80000</ProgramServices>
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        <ProgramServices>1612183</ProgramServices>
        <ManagementAndGeneral>179131</ManagementAndGeneral>
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        <Total>1820563</Total>
        <ProgramServices>1638506</ProgramServices>
        <ManagementAndGeneral>182057</ManagementAndGeneral>
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      <PensionPlanContributions>
        <Total>312278</Total>
        <ProgramServices>281050</ProgramServices>
        <ManagementAndGeneral>31228</ManagementAndGeneral>
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      <OtherEmployeeBenefits>
        <Total>338782</Total>
        <ProgramServices>304904</ProgramServices>
        <ManagementAndGeneral>33878</ManagementAndGeneral>
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        <ProgramServices>217376</ProgramServices>
        <ManagementAndGeneral>24153</ManagementAndGeneral>
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        <ProgramServices>975308</ProgramServices>
        <ManagementAndGeneral>4023</ManagementAndGeneral>
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      <FeesForServicesAccounting>
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        <ProgramServices>95692</ProgramServices>
        <ManagementAndGeneral>7225</ManagementAndGeneral>
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      <FeesForServicesInvstMgmntFees>
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        <ManagementAndGeneral>18433</ManagementAndGeneral>
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        <ProgramServices>72581</ProgramServices>
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        <ProgramServices>166758</ProgramServices>
        <ManagementAndGeneral>18529</ManagementAndGeneral>
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      <Occupancy>
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        <ProgramServices>256445</ProgramServices>
        <ManagementAndGeneral>28494</ManagementAndGeneral>
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      <Travel>
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        <ProgramServices>205234</ProgramServices>
        <ManagementAndGeneral>18085</ManagementAndGeneral>
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      <ConferencesMeetings>
        <Total>205022</Total>
        <ProgramServices>205022</ProgramServices>
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        <ProgramServices>103580</ProgramServices>
        <ManagementAndGeneral>7589</ManagementAndGeneral>
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        <Description>COMMUNITY PROGRAMS</Description>
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        <ProgramServices>491902</ProgramServices>
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      <OtherExpenses>
        <Description>INVESTOR INITIATIVES</Description>
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        <ProgramServices>340414</ProgramServices>
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      <OtherExpenses>
        <Description>FUND CONSULTING</Description>
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        <ProgramServices>286881</ProgramServices>
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      <OtherExpenses>
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        <ProgramServices>285524</ProgramServices>
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      <AllOtherExpenses>
        <Total>472079</Total>
        <ProgramServices>366463</ProgramServices>
        <ManagementAndGeneral>105616</ManagementAndGeneral>
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      <TotalFunctionalExpenses>
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        <ProgramServices>8221415</ProgramServices>
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        <EOY>1122040</EOY>
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        <CurrentTaxYear>134750</CurrentTaxYear>
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        <CurrentTaxYearMinus1Year>10834769</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>9992704</CurrentTaxYear>
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        <CurrentTaxYearMinus1Year>125440</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>150495</CurrentTaxYear>
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        <ContributorAddressUS>
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          <AddressLine2>RESTRICTED</AddressLine2>
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        <MethodOfValuation>C</MethodOfValuation>
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      <OtherSecurities>
        <Description>DEBT SECURITIES</Description>
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      <FootnoteInPartXIII>X</FootnoteInPartXIII>
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        <Identifier>DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:</Identifier>
        <ReturnReference>PART X, LINE 2:</ReturnReference>
        <Explanation>CAHEC, CAHEC BUILDING CORPORATION, AND CAHEC PROPERTIES CORPORATION ARE EXEMPT FROM FEDERAL TAXATION UNDER SECTIONS 501 (C)(3) AND 501 (C)(2) OF THE INTERNAL REVENUE CODE; THEREFORE, NO INCOME TAXES ARE REFLECTED IN THE FINANCIAL STATEMENTS. CAHEC HOLDINGS, LLC AND CAHEC NEW MARKETS, LLC ARE SINGLE MEMBER LIMITED LIABILITY COMPANIES THAT HAVE ELECTED TO BE TAXED AS CORPORATIONS. THE FUNDS' EARNINGS ARE TAXED DIRECTLY TO THE PARTNERS; THEREFORE, THE FUNDS HAVE NO PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. AS OF DECEMBER 31, 2012, THE ORGANIZATION HAD NO ACCRUED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. THE ENTITIES HAVE NOT BEEN INFORMED BY ANY TAX AUTHORITIES FOR ANY JURISDICTION THAT ANY OF ITS OPEN TAX YEARS ARE UNDER EXAMINATION AS OF DECEMBER 31, 2012. TAX RETURNS FOR FISCAL YEARS ENDING ON OR AFTER DECEMBER 31, 2009 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES.</Explanation>
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      <RecipientTable>
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          <BusinessNameLine1>ATLANTA NEIGHBORHOOD DEVELOPMENT PARTNERSHIP</BusinessNameLine1>
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        <PurposeOfGrant>GRANT FOR MARKETING COSTS, CARRYING COSTS BETWEEN PROJECT COMPLETION AND TIME OF SALE, AND CONSULTANT EXPENSES DURING CONSTRUCTION FOR 6 HOMES</PurposeOfGrant>
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        <CompReportPrior990FilingOrg>0</CompReportPrior990FilingOrg>
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      <Form990ScheduleJPartII>
        <NamePerson>CHARLES NEWCOMER</NamePerson>
        <Title>VICE PRESIDENT</Title>
        <BaseCompensationFilingOrg>184848</BaseCompensationFilingOrg>
        <CompBasedOnRelatedOrgs>0</CompBasedOnRelatedOrgs>
        <BonusFilingOrg>11000</BonusFilingOrg>
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        <CompReportPrior990FilingOrg>0</CompReportPrior990FilingOrg>
        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
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      <Form990ScheduleJPartII>
        <NamePerson>JAMES RIEKER</NamePerson>
        <Title>EXECUTIVE VP</Title>
        <BaseCompensationFilingOrg>180549</BaseCompensationFilingOrg>
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        <BonusFilingOrg>0</BonusFilingOrg>
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        <OtherCompensationFilingOrg>0</OtherCompensationFilingOrg>
        <OtherCompensationRelatedOrgs>0</OtherCompensationRelatedOrgs>
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        <CompReportPrior990FilingOrg>0</CompReportPrior990FilingOrg>
        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
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      <Form990ScheduleJPartII>
        <NamePerson>WILLIAM MAYO</NamePerson>
        <Title>VICE PRESIDENT</Title>
        <BaseCompensationFilingOrg>147100</BaseCompensationFilingOrg>
        <CompBasedOnRelatedOrgs>0</CompBasedOnRelatedOrgs>
        <BonusFilingOrg>15000</BonusFilingOrg>
        <BonusRelatedOrgs>0</BonusRelatedOrgs>
        <OtherCompensationFilingOrg>0</OtherCompensationFilingOrg>
        <OtherCompensationRelatedOrgs>0</OtherCompensationRelatedOrgs>
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        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
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      <Form990ScheduleJPartII>
        <NamePerson>JILL ODOM</NamePerson>
        <Title>VICE PRESIDENT</Title>
        <BaseCompensationFilingOrg>137995</BaseCompensationFilingOrg>
        <CompBasedOnRelatedOrgs>0</CompBasedOnRelatedOrgs>
        <BonusFilingOrg>9000</BonusFilingOrg>
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        <CompReportPrior990FilingOrg>0</CompReportPrior990FilingOrg>
        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
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      <Form990ScheduleJPartII>
        <NamePerson>YOLANDA WINSTEAD</NamePerson>
        <Title>SR. ACQUISITIONS MGR</Title>
        <BaseCompensationFilingOrg>128748</BaseCompensationFilingOrg>
        <CompBasedOnRelatedOrgs>0</CompBasedOnRelatedOrgs>
        <BonusFilingOrg>13000</BonusFilingOrg>
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      <Form990ScheduleJPartIII>
        <ReturnReference>PART I, LINE 6</ReturnReference>
        <Explanation>THE BOARD PASSED A MOTION TO FUND A DISCRETIONARY SUPPLEMENTAL COMPENSATION POOL NOT TO EXCEED $218,000. THE DISCRETIONARY SUPPLEMENTAL COMPENSATION WAS FOR ALL ELIGIBLE EMPLOYEES.</Explanation>
      </Form990ScheduleJPartIII>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 11</ReturnReference>
        <Explanation>THE FORM 990 WAS PROVIDED TO THE ORGANIZATION'S BOARD FOR REVIEW AND APPROVAL PRIOR TO SUBMISSION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>THE ORGANIZATION'S BOARD ANNUALLY REVIEWS ITS CONFLICT OF INTEREST POLICY.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 15</ReturnReference>
        <Explanation>THE ORGANIZATION'S COMPENSATION COMMITTEE REGULARLY REVIEWS ITS HUMAN RESOURCE POLICIES AND PROCEDURES, COMPENSATION, AND MARKET STUDIES (AS PREPARED BY ITS COMPENSATION CONSULTANT), AS WELL AS, OTHER INDUSTRY SPECIFIC PROFESSIONALS (I.E. NASLEF). THE ORGANIZATION'S COMPENSATION CONSULTANT HAS OVER 25 YEARS EXPERIENCE IN (I) COLLECTING, ANALYZING, AND DEVELOPING EQUITABLE PAY STRUCTURES AND (II) ASSISTING IN SELECTING AND IMPLEMENTING APPROPRIATE PAY STRUCTURES FOR EMPLOYEES. THE CONSULTANT AND CAHEC COMPENSATION COMMITTEE PEFORM ANNUAL REVIEWS TO THE PLUS POLICY, RANGES AND SALARIES. THEY ALSO REVIEW ALL PROMOTIONS AND FUTURE NEW HIRES.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>THE ORGANIZATION HAS ITS GOVERNING DOCUMENTS AND FORM 990 AVAILABLE FOR REVIEW AT ITS OFFICE LOCATED AT 7700 FALLS OF NEUSE ROAD, RALEIGH, NC 27615.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>CHANGES IN NET ASSETS OR FUND BALANCES:</Identifier>
        <ReturnReference>FORM 990, PART XI, LINE 9:</ReturnReference>
        <Explanation>USE OF PRIOR YEAR TEMPORARILY RESTRICTED NET ASSETS -60,000.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc1043400001">
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          <BusinessNameLine1>CAHEC FUND GP LLC</BusinessNameLine1>
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          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
        </AddressUS>
        <EIN>461280192</EIN>
        <PrimaryActivities>TO FURTHER THE CHARITABLE PURPOSES OF CAHEC</PrimaryActivities>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>CAHEC</BusinessNameLine1>
        </DirectControllingEntityName>
      </Form990ScheduleRPartI>
      <Form990ScheduleRPartI>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>HIGHLAND PARK MILL SCP LLC</BusinessNameLine1>
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          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
        </AddressUS>
        <EIN>201899644</EIN>
        <PrimaryActivities>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivities>
        <LegalDomicileState>NC</LegalDomicileState>
        <TotalIncome>-33</TotalIncome>
        <EOYAssets>1544534</EOYAssets>
        <DirectControllingEntityName>
          <BusinessNameLine1>CAHEC</BusinessNameLine1>
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      <Form990ScheduleRPartII>
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        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <EIN>562261250</EIN>
        <PrimaryActivities>OWN BUILDING</PrimaryActivities>
        <LegalDomicileState>NC</LegalDomicileState>
        <ExemptCodeSection>501(C)(2)</ExemptCodeSection>
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          <BusinessNameLine1>CAHEC</BusinessNameLine1>
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          <BusinessNameLine1>CAHEC PROPERTIES CORPORATION</BusinessNameLine1>
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        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <EIN>562217808</EIN>
        <PrimaryActivities>ASSIST TROUBLED CAHEC SPONSORED EQUITY FUNDS</PrimaryActivities>
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        <ExemptCodeSection>501(C)(3)</ExemptCodeSection>
        <PublicCharityStatus>LINE 9</PublicCharityStatus>
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          <BusinessNameLine1>CAHEC FOUNDATION</BusinessNameLine1>
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          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <EIN>460842173</EIN>
        <PrimaryActivities>TO FURTHER THE CHARITABLE PURPOSES OF CAHEC</PrimaryActivities>
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        <EIN>454028020</EIN>
        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
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          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <EIN>272008554</EIN>
        <PrimaryActivity>TO PROMOTE SELF-SUFFICIENCE FOR LOW INCOME PERSONS</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
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      <Form990ScheduleRPartIII>
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          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <PrimaryActivity>TO PROMOTE SELF-SUFFICIENCE FOR LOW INCOME PERSONS</PrimaryActivity>
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      <Form990ScheduleRPartIII>
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          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <EIN>272010403</EIN>
        <PrimaryActivity>TO PROMOTE SELF-SUFFICIENCE FOR LOW INCOME PERSONS</PrimaryActivity>
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        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
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        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfTotalIncome>37844</ShareOfTotalIncome>
        <ShareOfEOYAssets>-15078</ShareOfEOYAssets>
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        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
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        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfTotalIncome>22508</ShareOfTotalIncome>
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        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
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          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <EIN>562205125</EIN>
        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
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        </NameOfRelatedOrg>
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          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
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        <ShareOfTotalIncome>1280</ShareOfTotalIncome>
        <ShareOfEOYAssets>11721</ShareOfEOYAssets>
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        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
        <PercentageOwnership>0.01000</PercentageOwnership>
      </Form990ScheduleRPartIII>
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          <City>RALEIGH</City>
          <State>NC</State>
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        <EIN>562205119</EIN>
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          <City>RALEIGH</City>
          <State>NC</State>
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        <EIN>562205109</EIN>
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          <State>NC</State>
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      </Form990ScheduleRPartIII>
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          <BusinessNameLine1>COMMUNITY EQUITY FUND VII-E LIMITED PARTNERSHIP</BusinessNameLine1>
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          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <EIN>562231184</EIN>
        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
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        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfTotalIncome>5436</ShareOfTotalIncome>
        <ShareOfEOYAssets>390733</ShareOfEOYAssets>
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        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
        <PercentageOwnership>0.01000</PercentageOwnership>
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        <NameOfRelatedOrg>
          <BusinessNameLine1>COMMUNITY EQUITY FUND VII-F LIMITED PARTNERSHIP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <EIN>010734866</EIN>
        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>CAHEC</BusinessNameLine1>
        </DirectControllingEntityName>
        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfTotalIncome>1769</ShareOfTotalIncome>
        <ShareOfEOYAssets>3652</ShareOfEOYAssets>
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        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
        <PercentageOwnership>0.01000</PercentageOwnership>
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        <NameOfRelatedOrg>
          <BusinessNameLine1>COMMUNITY EQUITY FUND VIII-A LIMITED PARTNERSHIP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <EIN>562275655</EIN>
        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>CAHEC</BusinessNameLine1>
        </DirectControllingEntityName>
        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfTotalIncome>58985</ShareOfTotalIncome>
        <ShareOfEOYAssets>13855</ShareOfEOYAssets>
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        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
        <PercentageOwnership>0.01000</PercentageOwnership>
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      <Form990ScheduleRPartIII>
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          <BusinessNameLine1>COMMUNITY EQUITY FUND X EMERGING INVESTOR LLC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <EIN>550847945</EIN>
        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>CAHEC</BusinessNameLine1>
        </DirectControllingEntityName>
        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfTotalIncome>-7</ShareOfTotalIncome>
        <ShareOfEOYAssets>149</ShareOfEOYAssets>
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        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
        <PercentageOwnership>0.00010</PercentageOwnership>
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      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>COMMUNITY EQUITY FUND X LIMITED PARTNERSHIP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <EIN>141878745</EIN>
        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>CAHEC</BusinessNameLine1>
        </DirectControllingEntityName>
        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfTotalIncome>59969</ShareOfTotalIncome>
        <ShareOfEOYAssets>255064</ShareOfEOYAssets>
        <DisproportionateAllocations>0</DisproportionateAllocations>
        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
        <PercentageOwnership>0.01000</PercentageOwnership>
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      <Form990ScheduleRPartIII>
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          <BusinessNameLine1>COMMUNITY EQUITY FUND XI LIMITED PARTNERSHIP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <EIN>201019570</EIN>
        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>CAHEC</BusinessNameLine1>
        </DirectControllingEntityName>
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        <ShareOfTotalIncome>101753</ShareOfTotalIncome>
        <ShareOfEOYAssets>123938</ShareOfEOYAssets>
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        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
        <PercentageOwnership>0.00100</PercentageOwnership>
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      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>COMMUNITY EQUITY FUND XII LIMITED PARTNERSHIP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <EIN>204239509</EIN>
        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
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        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfTotalIncome>52152</ShareOfTotalIncome>
        <ShareOfEOYAssets>51554</ShareOfEOYAssets>
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        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
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          <BusinessNameLine1>COMMUNITY EQUITY FUND XIII LIMITED PARTNERSHIP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
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        <ShareOfEOYAssets>1144637</ShareOfEOYAssets>
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        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
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          <BusinessNameLine1>COMMUNITY EQUITY FUND XIV LIMITED PARTNERSHIP</BusinessNameLine1>
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        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
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        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
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          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
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        <LegalDomicileState>NC</LegalDomicileState>
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        <ShareOfEOYAssets>11836595</ShareOfEOYAssets>
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        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
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          <BusinessNameLine1>COMMUNITY EQUITY FUND XVI LIMITED PARTNERSHIP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
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        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
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        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfTotalIncome>27764</ShareOfTotalIncome>
        <ShareOfEOYAssets>66593996</ShareOfEOYAssets>
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          <BusinessNameLine1>COMMUNITY EQUITY FUND XVII LIMITED PARTNERSHIP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
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        <EIN>453862444</EIN>
        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
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        <ShareOfTotalIncome>-96</ShareOfTotalIncome>
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          <BusinessNameLine1>COMMUNITY EQUITY FUND XVIII LIMITED PARTNERSHIP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
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        <ShareOfEOYAssets>23139216</ShareOfEOYAssets>
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        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
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        <NameOfRelatedOrg>
          <BusinessNameLine1>COMMUNITY EQUITY FUND IX-MS LIMITED PARTNERSHIP</BusinessNameLine1>
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        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <EIN>550800712</EIN>
        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
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        <ShareOfEOYAssets>130002</ShareOfEOYAssets>
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        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
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          <BusinessNameLine1>COMMUNITY EQUITY FUND IX-NC LIMITED PARTNERSHIP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
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          <BusinessNameLine1>CAHEC</BusinessNameLine1>
        </DirectControllingEntityName>
        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfTotalIncome>39200</ShareOfTotalIncome>
        <ShareOfEOYAssets>55271</ShareOfEOYAssets>
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        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
        <PercentageOwnership>0.01000</PercentageOwnership>
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          <BusinessNameLine1>COMMUNITY HISTORIC CREDIT FUND VI LLC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <EIN>203971935</EIN>
        <PrimaryActivity>INVEST IN HISTORIC ENTITIES</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>CAHEC</BusinessNameLine1>
        </DirectControllingEntityName>
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        <ShareOfTotalIncome>293</ShareOfTotalIncome>
        <DisproportionateAllocations>0</DisproportionateAllocations>
        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
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        <NameOfRelatedOrg>
          <BusinessNameLine1>COMMUNITY HISTORIC CREDIT FUND VII LLC</BusinessNameLine1>
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        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <EIN>261283621</EIN>
        <PrimaryActivity>INVEST IN HISTORIC ENTITIES</PrimaryActivity>
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        </DirectControllingEntityName>
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        <ShareOfTotalIncome>6473</ShareOfTotalIncome>
        <ShareOfEOYAssets>1177586</ShareOfEOYAssets>
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        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
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          <BusinessNameLine1>GPM SCP LLC</BusinessNameLine1>
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        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <EIN>203971832</EIN>
        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
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        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfTotalIncome>-1</ShareOfTotalIncome>
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        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
        <PercentageOwnership>0.00010</PercentageOwnership>
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      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>NORTH CAROLINA EQUITY FUND II LIMITED PARTNERSHIP</BusinessNameLine1>
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        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
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        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
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        <NameOfRelatedOrg>
          <BusinessNameLine1>NORTH CAROLINA EQUITY FUND III LIMITED PARTNERSHIP</BusinessNameLine1>
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        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
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          <State>NC</State>
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        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
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          <BusinessNameLine1>CAHEC</BusinessNameLine1>
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        <ShareOfEOYAssets>18245</ShareOfEOYAssets>
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        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
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        <NameOfRelatedOrg>
          <BusinessNameLine1>NORTH CAROLINA EQUITY FUND IV LIMITED PARTNERSHIP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <EIN>272711306</EIN>
        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
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          <BusinessNameLine1>SOUTH CAROLINA EQUITY FUND I LIMITED PARTNERSHIP</BusinessNameLine1>
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        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <EIN>562037365</EIN>
        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
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        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
        <PercentageOwnership>0.01000</PercentageOwnership>
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          <BusinessNameLine1>SOUTH CAROLINA PRESERVATION FUND I LP</BusinessNameLine1>
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        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
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        <EIN>208422585</EIN>
        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
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          <BusinessNameLine1>CAHEC</BusinessNameLine1>
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        <ShareOfTotalIncome>31324</ShareOfTotalIncome>
        <ShareOfEOYAssets>34953</ShareOfEOYAssets>
        <DisproportionateAllocations>0</DisproportionateAllocations>
        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
        <PercentageOwnership>0.00010</PercentageOwnership>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>WEST VIRGINIA CEF I LIMITED PARTNERSHIP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
        </AddressUS>
        <EIN>263685187</EIN>
        <PrimaryActivity>INVEST IN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>CAHEC</BusinessNameLine1>
        </DirectControllingEntityName>
        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <ShareOfTotalIncome>57042</ShareOfTotalIncome>
        <ShareOfEOYAssets>25171</ShareOfEOYAssets>
        <DisproportionateAllocations>0</DisproportionateAllocations>
        <GeneralOrManagingPartner>1</GeneralOrManagingPartner>
        <PercentageOwnership>0.00010</PercentageOwnership>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>MEADOWCREEK COMMONS LLC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>113 SOUTH WILMINGTON STREET</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27601</ZIPCode>
        </AddressUS>
        <EIN>270861151</EIN>
        <PrimaryActivity>OWN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>ORCHARD CREEK LLC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>PO BOX 160</AddressLine1>
          <City>AYNOR</City>
          <State>SC</State>
          <ZIPCode>29511</ZIPCode>
        </AddressUS>
        <EIN>264598453</EIN>
        <PrimaryActivity>OWN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>PINE MOUNTAIN TRACE LIMITED PARTNERSHIP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>PO BOX 26030</AddressLine1>
          <City>GREENSBORO</City>
          <State>NC</State>
          <ZIPCode>27420</ZIPCode>
        </AddressUS>
        <EIN>943487074</EIN>
        <PrimaryActivity>OWN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>POWELL SPRING</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>7706 SIX FORKS ROAD STE 202</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
        </AddressUS>
        <EIN>270705092</EIN>
        <PrimaryActivity>OWN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>SCOTTISH GLEN II APARTMENTS LLC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>PO BOX 1437</AddressLine1>
          <City>LAURINBURG</City>
          <State>NC</State>
          <ZIPCode>28353</ZIPCode>
        </AddressUS>
        <EIN>270847240</EIN>
        <PrimaryActivity>OWN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>SHELBY MMR LIMITED PARTNERSHIP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>PO BOX 4503</AddressLine1>
          <City>GREENSBORO</City>
          <State>NC</State>
          <ZIPCode>27404</ZIPCode>
        </AddressUS>
        <EIN>270876330</EIN>
        <PrimaryActivity>OWN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>WESTMORE APARTMENTS LLC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>PO BOX 2278</AddressLine1>
          <City>ASHEVILLE</City>
          <State>NC</State>
          <ZIPCode>28802</ZIPCode>
        </AddressUS>
        <EIN>270824923</EIN>
        <PrimaryActivity>OWN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>WEXFORD POINTE APARTMENTS LLC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>106 MUIR WOODS DRIVE</AddressLine1>
          <City>CARY</City>
          <State>NC</State>
          <ZIPCode>27513</ZIPCode>
        </AddressUS>
        <EIN>270777031</EIN>
        <PrimaryActivity>OWN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>SPARTANBURG ELDERLY HOUSING LIMITED PARTNERSHIP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
        </AddressUS>
        <EIN>571065722</EIN>
        <PrimaryActivity>OWN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>H TEMPLE SPEARS ASSISTED LIVING FACILITY LTD</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>1516 HEPBURN AVENUE</AddressLine1>
          <City>LOUISVILLE</City>
          <State>KY</State>
          <ZIPCode>40204</ZIPCode>
        </AddressUS>
        <EIN>611362087</EIN>
        <PrimaryActivity>OWN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>HIGHLAND PARK MILL LLC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>406 EAST FOURTH STREET</AddressLine1>
          <City>WINSTONSALEM</City>
          <State>NC</State>
          <ZIPCode>27101</ZIPCode>
        </AddressUS>
        <EIN>562273272</EIN>
        <PrimaryActivity>OWN LOW INCOME RESIDENTIAL HOUSING</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>CAHEC HOLDINGS LLC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
        </AddressUS>
        <EIN>201895068</EIN>
        <PrimaryActivity>FURTHER CHARITABLE PURPOSES OF CAHEC</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>CAHEC</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>C</TypeOfEntity>
        <ShareOfTotalIncome>-4813</ShareOfTotalIncome>
        <ShareOfEOYAssets>72218</ShareOfEOYAssets>
        <PercentageOwnership>1.00000</PercentageOwnership>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartIV>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>CAHEC NEW MARKETS LLC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>7700 FALLS OF NEUSE ROAD STE 200</AddressLine1>
          <City>RALEIGH</City>
          <State>NC</State>
          <ZIPCode>27615</ZIPCode>
        </AddressUS>
        <EIN>202631700</EIN>
        <PrimaryActivity>TO PROMOTE SELF-SUFFCIENCY OF LOW INCOME PERSONS</PrimaryActivity>
        <LegalDomicileState>NC</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>CAHEC</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>C</TypeOfEntity>
        <ShareOfTotalIncome>118469</ShareOfTotalIncome>
        <ShareOfEOYAssets>390953</ShareOfEOYAssets>
        <PercentageOwnership>1.00000</PercentageOwnership>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartIV>
      <ReceiptOfIntAnnRentsRoyalties>0</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>1</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>0</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>0</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>0</LoansOrGuaranteesFromOtherOrg>
      <DividendsRelatedOrganization>0</DividendsRelatedOrganization>
      <SaleOfAssetsToOtherOrg>0</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>0</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>0</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>0</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>1</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>0</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>0</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>0</SharingOfFacilities>
      <SharingOfPaidEmployees>0</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>0</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>1</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>0</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>0</OtherTransferFromOtherOrg>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>CAHEC NEW MARKETS LLC</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>Q</TransactionType>
        <AmountInvolved>160790</AmountInvolved>
        <MethodOfAmtDetermination>COST</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>COMMUNITY EQUITY FUND XVIII LIMITED PARTNERSHIP</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>B</TransactionType>
        <AmountInvolved>100</AmountInvolved>
        <MethodOfAmtDetermination>COST</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>AFFORDABLE HOUSING EQUITY FUND I LIMITED PARTNERSHIP</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>B</TransactionType>
        <AmountInvolved>100</AmountInvolved>
        <MethodOfAmtDetermination>COST</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>COMMUNITY EQUITY FUND XVII LIMITED PARTNERSHIP</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>B</TransactionType>
        <AmountInvolved>100</AmountInvolved>
        <MethodOfAmtDetermination>COST</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>CAHEC FOUNDATION</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>B</TransactionType>
        <AmountInvolved>60000</AmountInvolved>
        <MethodOfAmtDetermination>COST</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>CAHEC BUILDING CORPORATION</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>K</TransactionType>
        <AmountInvolved>133168</AmountInvolved>
        <MethodOfAmtDetermination>COST</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>CAHEC FUND GP LLC</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>B</TransactionType>
        <AmountInvolved>1000</AmountInvolved>
        <MethodOfAmtDetermination>COST</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
    </IRS990ScheduleR>
  </ReturnData>
</Return>