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        <CurrentTaxYear>4147195</CurrentTaxYear>
        <Total>18897710</Total>
      </TotalSupportTotal>
      <PublicSupportPercentage509>0.96900</PublicSupportPercentage509>
      <PriorYearSupportPercentage>0.96930</PriorYearSupportPercentage>
      <InvestmentIncomePercentage>0.03000</InvestmentIncomePercentage>
      <PriorYrInvestIncomePercentage>0.03000</PriorYrInvestIncomePercentage>
      <ThirtyThreePercntTestsCY509>X</ThirtyThreePercntTestsCY509>
    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="RetDoc3">
      <DisclosedOrgsLegalControl>false</DisclosedOrgsLegalControl>
      <DisclosedForCharitablePurposes>false</DisclosedForCharitablePurposes>
      <WrittenPolicyMonitoring>false</WrittenPolicyMonitoring>
      <Sect170hRequirementsSatisfied>false</Sect170hRequirementsSatisfied>
      <SolicitedAssetsForSale>false</SolicitedAssetsForSale>
      <AgentTrusteeEtc>false</AgentTrusteeEtc>
      <IncludedOnFS>false</IncludedOnFS>
      <EndowmentsHeldByUnrelatedOrgs>false</EndowmentsHeldByUnrelatedOrgs>
      <EndowmentsHeldByRelatedOrgs>false</EndowmentsHeldByRelatedOrgs>
      <AreRelatedOrgsListedScheduleR>false</AreRelatedOrgsListedScheduleR>
      <Buildings>
        <OtherCostOrOtherBasis>31022356</OtherCostOrOtherBasis>
        <Depreciation>18106428</Depreciation>
        <BookValue>12915928</BookValue>
      </Buildings>
      <Equipment>
        <OtherCostOrOtherBasis>408397</OtherCostOrOtherBasis>
        <Depreciation>235132</Depreciation>
        <BookValue>173265</BookValue>
      </Equipment>
      <TotalOfBookValueLandBuildings>13089193</TotalOfBookValueLandBuildings>
      <OtherAssets>
        <Description>FUNDING RESERVE</Description>
        <BookValue>3811093</BookValue>
      </OtherAssets>
      <OtherAssets>
        <Description>TENANT SECURITY DEPOSIT</Description>
        <BookValue>333479</BookValue>
      </OtherAssets>
      <OtherAssets>
        <Description>SECURITY DEPOSIT</Description>
        <BookValue>50150</BookValue>
      </OtherAssets>
      <TotalBookValueOtherAssets>4194722</TotalBookValueOtherAssets>
      <OtherLiabilities>
        <Description>TENANTS SECURITY DEPOSIT</Description>
        <Amount>332334</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>PREPAID RENT</Description>
        <Amount>60078</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>392412</TotalOfAmounts>
      <TotalRevenue>4147195</TotalRevenue>
      <TotalExpenses>5165674</TotalExpenses>
      <ExcessOrDeficitForYear>-1018479</ExcessOrDeficitForYear>
      <ExcessOrDeficitPerFS>-1018479</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>4147195</TotRevenueEtcAuditedFinclStmt>
      <RevenueSubtotal>4147195</RevenueSubtotal>
      <TotalRevenuePerForm990>4147195</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>5165674</TotExpensesEtcAuditedFinclStmt>
      <ExpensesSubtotal>5165674</ExpensesSubtotal>
      <TotalExpensesPerForm990>5165674</TotalExpensesPerForm990>
    </IRS990ScheduleD>
    <IRS990ScheduleL documentId="RetDoc5">
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>BUILDING MANAGEMENT ASSOCIATION</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>OFFICER/DIRECTO</Relationship>
        <AmountOfTransaction>430065</AmountOfTransaction>
        <DescriptionOfTransaction>PROPERY MGMT</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>TIFFANY MAINTENANCE CO INC</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>OFFICER/DIRECTO</Relationship>
        <AmountOfTransaction>596789</AmountOfTransaction>
        <DescriptionOfTransaction>MAINT. &amp; REPAIR</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
    </IRS990ScheduleL>
    <IRS990ScheduleO documentId="RetDoc6">
      <GeneralExplanation>
        <Identifier>RELATED PARTY INFORMATION AMONG OFFICERS</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 2</ReturnReference>
        <Explanation>LOUIS R GIGANTE SALVATORE GIGANTE CHAIRPERSON VP FAMILY RELATED</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>MANAGEMENT DELEGATED</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 3</ReturnReference>
        <Explanation>THE ORGANIZATION OWNS APARTMENT BUILDINGS CONSTRUCTED AND MAINTAINED TO PROVIDE LOW INCOME HOUSING. THE BUILDINGS ARE MANAGED BY BUILDING MANAGEMENT ASSOCIATES, INC., A REAL ESTATE PROPERTY MANAGEMENT COMPANY, WHICH IS OWNED BY AN OFFICER AND BOARD MEMBER OF THE REPORTING ORGANIZATION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>CLASSES OF MEMBERS OR STOCKHOLDERS</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 6</ReturnReference>
        <Explanation>THE ORGANIZATION IS WHOLLY OWNED BY SEBCO DEVELOPMENT,INC., A NOT-FOR- PROFIT COMMNITY BASED ORGANIZATION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S PROCESS USED TO REVIEW FORM 990</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 11B</ReturnReference>
        <Explanation>THE ORGANIZATION'S 990 IS REVIEWED AND APPROVED BY CONTROLLER AND PRESIDENT BEFORE IT IS FINALIZED AND ISSUED.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 19</ReturnReference>
        <Explanation>DOCUMENTS, WHICH ARE PUBLIC RECORD, ARE AVAILABLE FROM NY SECRETARY OF STATE.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>