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BlackRock Long-Term Municipal Advantage Trust – ‘NTFNSAR’ for 10/31/06 – ‘NT-NSAR’

On:  Thursday, 1/4/07, at 1:17pm ET   ·   Effective:  1/4/07   ·   For:  10/31/06   ·   Accession #:  950136-7-34   ·   File #:  811-21835

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 1/04/07  BlackRock Long-Term Muni Adva… Tr NTFNSAR    10/31/06    1:12K                                    Capital Systems 01/FA

Document/Exhibit                   Description                      Pages   Size 

 1: NT-NSAR     Notice of a Late Filing of a Form N-SAR             HTML     14K 

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549

FORM 12b-25

Commission File Number 811-21835

CUSIP Number 09250 B 10 3

NOTIFICATION OF LATE FILING

(Check One): |_| Form 10-K |_| Form 20-F |_| Form 11-K |_| Form 10-Q |X| Form N-SAR |_| Form N-CSR

For Period Ended: October 31, 2006

|_| Transition Report on Form 10-K
|_| Transition Report on Form 20-F
|_| Transition Report on Form 11-K
|_| Transition Report on Form 10-Q
|_| Transition Report on Form N-SAR
|_| Transition Report on Form N-CSR

For the Transition Period Ended:____________________________

Read Attached Instruction Sheet Before Preparing Form. Please Print or Type.

Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:________________________

PART I REGISTRANT INFORMATION

BlackRock Long-Term Municipal Advantage Trust

Full Name of Registrant

Former Name if Applicable

100 Bellevue Parkway

Address of Principal Executive Office (Street and Number)

Wilmington, Delaware 19809

City, State and Zip Code

PART II RULE 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate) |X|

(a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;

(b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K, Form N-SAR or Form N-CSR, or portion thereof will be filed on or before the 15th calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and

(c) The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

2

PART III NARRATIVE

State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, N-CSR or the transition report or portion thereof could not be filed within the prescribed time period. (Attach extra sheets if needed.)

Additional time is required to prepare a complete and accurate filing as a result of a recent determination that certain transfers of municipal securities by the Fund, previously accounted for as sales, do not qualify for sale treatment and should be accounted for as secured borrowings.  The Fund's Form N-SAR will be completed and filed with the Securities and Exchange Commission as soon as practicable.

PART IV OTHER INFORMATION

(1) Name and telephone number of person to contact in regard to this notification.

Neal Andrews (302) 797-6179

(Name) (Area code) (Telephone number)

(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).

|X| Yes |_| No

(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?

|_| Yes |X| No

If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

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Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘NTFNSAR’ Filing		Date		First		Last			Other Filings
Filed on / Effective on:		1/4/07							NT-NCSR
		1/3/07		5
For Period End:		10/31/06		2					N-CSR,  NSAR-B,  NT-NCSR
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Filing Submission 0000950136-07-000034   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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