Paco Development Announces Latest Extension of Tender Offer

   

NORTH KANSAS CITY, Mo., April 10  -- Paco Development,
L.L.C. announced the extension of the expiration date of the outstanding
tender offer for units of limited partnership interests of Boston Financial
Qualified Housing Tax Credits L.P. III. The expiration date for the tender
offer has been extended to 5:00 p.m., Kansas City time, on April 24, 2006.
The offer was previously scheduled to expire at 5:00 p.m. Kansas City time
on April 10, 2006.
To date, Paco Development reported the approximate number of units
deposited to be 649 in response to the offer.
For further information, please contact Paco Development at (816)
877-0892.
 
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