EXHIBIT 23.2


[BOULAY, HEUTMAKER, ZIBELL LOGO]




            CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM



We hereby  consent to the  inclusion  of our report  dated March 28, 2008 on the
balance sheets of American Church  Mortgage  Company as of December 31, 2007 and
2006, and the related statements of operations,  stockholders'  equity, and cash
flows for the years then ended in Form S-11  Registration  Statement of American
Church Mortgage Company dated on or about January 27, 2009, and to the reference
to our Firm under the caption "Experts" in the Prospectus included therein.




                                     /s/Boulay, Heutmaker, Zibell & Co. P.L.L.P.
                                     Certified Public Accountants



Minneapolis, Minnesota
January 27, 2009