EXHIBIT 23.1

                       CONSENT OF INDEPENDENT ACCOUNTANTS

     We hereby consent to the incorporation by reference in this Registration
Statement on Form S-2 of our report dated January 26, 2001 relating to the
financial statements, which appears in America First Mortgage Investments,
Inc.'s Annual Report on Form 10-K for the year ending December 31, 2000. We also
consent to the reference to us under the heading "Experts" and "Selected
Financial Data" in such Registration Statement.


PricewaterhouseCoopers LLP

New York, NY
April 24, 2001