Berkshire Income Realty, Inc. One Beacon Street, Suite 1500 Boston, Massachusetts 02108

Exhibit 10.5

Berkshire Income Realty, Inc.
▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇
▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇  ▇▇▇▇▇

▇▇▇▇▇ ▇, ▇▇▇▇

▇▇▇▇▇ Government Income Trust

▇▇▇▇▇ Government Income Trust II

▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇

▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇  ▇▇▇▇▇

Gentlemen:

Reference is made to the Waiver and Standstill Agreement, dated as of August 22, 2002, by and among ▇▇▇▇▇ Government Income Trust (“GIT”), ▇▇▇▇▇ Government Income Trust II (“GIT II” and, collectively with GIT, the “Trusts”), Berkshire Income Realty, Inc. and Berkshire Income Realty-OP, L.P. (the “Waiver Agreement”). This is to confirm our agreement that, notwithstanding the first sentence of Section 2.3 of the Waiver Agreement, the expiration date of the exemption granted by the Trusts in Section 2.1 of the Waiver Agreement is hereby extended from March 31, 2003 to June 30, 2003.  Except for the foregoing, all of the terms and conditions of the Waiver Agreement remain in full force and effect.

Kindly confirm the foregoing by signing below.

	BERKSHIRE INCOME REALTY, INC.
	By:		/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇
			Name:	▇▇▇▇▇ ▇. ▇▇▇▇▇
			Title:	President
	BERKSHIRE INCOME REALTY-OP, L.P.
	by:		Berkshire Income Realty, Inc., its General Partner
	By:	/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇
		Name:		▇▇▇▇▇ ▇. ▇▇▇▇▇
		Title:		President
	Acknowledged and agreed as of the date first above written:
	▇▇▇▇▇ GOVERNMENT INCOME TRUST
	By:		/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇
			Name:	▇▇▇▇▇▇▇ ▇▇▇▇▇
			Title:	Chairman

	▇▇▇▇▇ GOVERNMENT INCOME TRUST II
	By:	/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇
		Name:	▇▇▇▇▇▇▇ ▇▇▇▇▇
		Title:	Chairman

[Signature Page to Waiver Agreement Amendment]

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