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          Tax Credit Funds Key Personnel

          Senior Management

          Steve Kropf

          Steven Kropf

          President and Chief Executive Officer
          Raymond James Tax Credit Funds
          Read Bio
          Rick Cargo

          Rick Cargo

          Chief Operating Officer
          Raymond James Tax Credit Funds
          Read Bio
          Sam Shupe

          Sam Shupe

          Senior Vice President, Director of Feasibility
          Raymond James Tax Credit Funds
          Read Bio
          Toni Matthews

          Toni Matthews

          Chief Financial Officer
          Raymond James Tax Credit Funds
          Read Bio
          James Horvick

          James Horvick

          Senior Vice President, Acquisitions and Institutional Investments
          Raymond James Tax Credit Funds
          Read Bio
          Brian Lynch

          Brian Lynch

          Senior Vice President, Portfolio Asset Management
          Raymond James Tax Credit Funds
          Read Bio

          Originations

          James Horvick

          James Horvick

          Senior Vice President, Acquisitions and Institutional Investments
          Raymond James Tax Credit Funds
          Read Bio
          Darryl Seavey

          Darryl J. Seavey

          Vice President and Managing Director of Acquisitions, Northeast
          Raymond James Tax Credit Funds
          Northeast
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          Kevin Kilbane

          Kevin Kilbane

          Vice President and Managing Director of Acquisitions, West
          Raymond James Tax Credit Funds
          West
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          Gary Robinson

          Gary Robinson

          Vice President and Managing Director of Acquisitions, Mid-South
          Raymond James Tax Credit Funds
          Mid-South
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          James Dunton

          James Dunton

          Vice President, Managing Director of Acquisitions, Midwest
          Raymond James Tax Credit Funds
          Midwest
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          John Colvin

          John Colvin

          Vice President, Managing Director of Acquisitions, Southeast
          Raymond James Tax Credit Funds
          Southeast
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          Sean Jones

          Sean Jones

          Vice President and Director of Acquisitions, Coastal
          Raymond James Tax Credit Funds
          Coastal
          Read Bio
          Dan Wendle

          Dan Wendle

          Vice President and Director of Acquisitions, West 
          Raymond James Tax Credit Funds
          West
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          Bryan Kilbane

          Bryan Kilbane

          Vice President and Director of Acquisitions, Great Lakes
          Raymond James Tax Credit Funds
          Great Lakes
          Read Bio

          Feasibility

          Sam Shupe

          Sam Shupe

          Senior Vice President, Director of Feasibility
          Raymond James Tax Credit Funds
          Read Bio

          Underwriting

          Rick Cargo

          Rick Cargo

          Chief Operating Officer
          Raymond James Tax Credit Funds
          Read Bio

          Institutional Investment

          Steve Kropf

          Steven Kropf

          President and Chief Executive Officer
          Raymond James Tax Credit Funds
          Read Bio
          James Horvick

          James Horvick

          Senior Vice President, Acquisitions and Institutional Investments
          Raymond James Tax Credit Funds
          Read Bio

          Asset Management

          Brian Lynch

          Brian Lynch

          Senior Vice President, Portfolio Asset Management
          Raymond James Tax Credit Funds
          Read Bio

          Investor Reporting

          Toni Matthews

          Toni Matthews

          Chief Financial Officer
          Raymond James Tax Credit Funds
          Read Bio
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