COMMUNITY REINVESTMENT ACT QUALIFIED INVESTMENT FUND
485BPOS, EX-99.23.J.2, 2000-09-28
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                                                                  Exhibit (j)(2)

                               CONSENT OF COUNSEL

     We hereby  consent to the use of our name and to the  reference to our Firm
under the caption  "Counsel" in the Statement of Additional  Information that is
included in  Post-Effective  Amendment No. 1 to the Registration  Statement (No.
333-71703)  on Form N-1A  under the  Securities  Act of 1933 and the  Investment
Company Act of 1940,  as amended,  of The Community  Reinvestment  Act Qualified
Investment  Fund.  This consent does not constitute a consent under Section 7 of
the  Securities  Act of 1933,  and in  consenting to the use of our name and the
references  to our Firm under such caption we have not certified any part of the
Registration  Statement  and do not  otherwise  come  within the  categories  of
persons  whose  consent  is  required  under  said  Section  7 or the  rules and
regulations of the Securities and Exchange Commission thereunder.

                                            /s/ Drinker Biddle & Reath LLP
                                            ------------------------------
                                            DRINKER BIDDLE & REATH LLP

Philadelphia, Pennsylvania
September 28, 2000



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