EXHIBIT 24
POWER OF ATTORNEY
The undersigned hereby appoints Michael J. Draper as his agent and attorney-in-fact for the purpose
of executing and filing all reports on Form 10-K, including any amendments or supplements thereto,
relating to the year ending December 31, 2005, required to be filed with the Securities and
Exchange Commission by America First Tax Exempt Investors, L.P.
IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney as of the 7th
day of February, 2006.
/s/ Michael Yanney
Michael B. Yanney
POWER OF ATTORNEY
The undersigned hereby appoints Michael J. Draper as his agent and attorney-in-fact for the purpose
of executing and filing all reports on Form 10-K, including any amendments or supplements thereto,
relating to the year ending December 31, 2005, required to be filed with the Securities and
Exchange Commission by America First Tax Exempt Investors, L.P.
IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney as of the 8th
day of February, 2006.
/s/ Lisa Y. Roskens
Lisa Y. Roskens
POWER OF ATTORNEY
The undersigned hereby appoints Michael J. Draper as his agent and attorney-in-fact for the purpose
of executing and filing all reports on Form 10-K, including any amendments or supplements thereto,
relating to the year ending December 31, 2005, required to be filed with the Securities and
Exchange Commission by America First Tax Exempt Investors, L.P.
IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney as of the 2nd day of
February, 2006.
/s/ Mariann Byerwalter
Mariann Byerwalter
POWER OF ATTORNEY
The undersigned hereby appoints Michael J. Draper as his agent and attorney-in-fact for the purpose
of executing and filing all reports on Form 10-K, including any amendments or supplements thereto,
relating to the year ending December 31, 2005, required to be filed with the Securities and
Exchange Commission by America First Tax Exempt Investors, L.P.
IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney as of the 7th
day of February, 2006.
/s/ William S. Carter
William S. Carter, M.D.
POWER OF ATTORNEY
The undersigned hereby appoints Michael J. Draper as his agent and attorney-in-fact for the purpose
of executing and filing all reports on Form 10-K, including any amendments or supplements thereto,
relating to the year ending December 31, 2005, required to be filed with the Securities and
Exchange Commission by America First Tax Exempt Investors, L.P.
IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney as of the 9th
day of February, 2006.
/s/ Patrick Jung
Patrick Jung
POWER OF ATTORNEY
The undersigned hereby appoints Michael J. Draper as his agent and attorney-in-fact for the purpose
of executing and filing all reports on Form 10-K, including any amendments or supplements thereto,
relating to the year ending December 31, 2005, required to be filed with the Securities and
Exchange Commission by America First Tax Exempt Investors, L.P.
IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney as of the 16th
day of February, 2006.
/s/ George H. Krauss
George H. Krauss
POWER OF ATTORNEY
The undersigned hereby appoints Michael J. Draper as his agent and attorney-in-fact for the purpose
of executing and filing all reports on Form 10-K, including any amendments or supplements thereto,
relating to the year ending December 31, 2005, required to be filed with the Securities and
Exchange Commission by America First Tax Exempt Investors, L.P.
IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney as of the 20th day of
February, 2006.
/s/ Martin A. Massengale
Dr. Martin A. Massengale
POWER OF ATTORNEY
The undersigned hereby appoints Michael J. Draper as his agent and attorney-in-fact for the purpose
of executing and filing all reports on Form 10-K, including any amendments or supplements thereto,
relating to the year ending December 31, 2005, required to be filed with the Securities and
Exchange Commission by America First Tax Exempt Investors, L.P.
IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney as of the 6th
day of February, 2006.
/s/ Clayton K. Yeutter
Clayton K. Yeutter
POWER OF ATTORNEY
The undersigned hereby appoints Michael J. Draper as his agent and attorney-in-fact for the purpose
of executing and filing all reports on Form 10-K, including any amendments or supplements thereto,
relating to the year ending December 31, 2005, required to be filed with the Securities and
Exchange Commission by America First Tax Exempt Investors, L.P.
IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney as of the 12th day of
February, 2006.
/s/ James O. Ellis Jr.
James O. Ellis, Jr.
POWER OF ATTORNEY
The undersigned hereby appoints Michael J. Draper as his agent and attorney-in-fact for the purpose
of executing and filing all reports on Form 10-K, including any amendments or supplements thereto,
relating to the year ending December 31, 2005, required to be filed with the Securities and
Exchange Commission by America First Tax Exempt Investors, L.P.
IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney as of the 7th
day of February, 2006.
/s/ Gail Walling Yanney M.D.
Dr. Gail Walling Yanney