Raymond James Financial : Tax Credit Funds syndicates its largest-ever multi-investor LIHTC fund

Media Contact: Jana Strange, 727.567.2824
raymondjames.com/media

November 13, 2015

ST. PETERSBURG, Fla. - Raymond James Tax Credit Funds (RJTCF), a leading national sponsor of affordable housing, recently syndicated a $279 million Low Income Housing Tax Credit (LIHTC) fund, its largest-ever multi-investor fund. Raymond James Tax Credit Fund 41 LLC (Fund 41) is financing the construction or rehabilitation of 2,296 units in 40 housing projects across 18 states and will provide affordable housing to low-income families and seniors. These communities will provide quality housing for approximately 6,400 low-income individuals.

'As our largest-ever syndicated fund, Fund 41 demonstrates our continued commitment to provide quality, affordable housing to communities in need,' said Steve Kropf, president and CEO of RJTCF. 'Demand for these funds and the housing they provide is growing, and we will continue to work with our developer and investor partners to develop and improve housing options in neighborhoods across the country.'

About Raymond James Tax Credit Funds
Raymond James Tax Credit Funds is a wholly owned subsidiary of Raymond James Financial, Inc. (NYSE-RJF). Since 1969, subsidiaries of RJF have been among the leading syndicators of affordable housing. Raymond James Tax Credit Funds has raised more than $6 billion in equity for more than 1,700 properties across the United States since the inception of the tax credit program in 1986. For more information, visit rjtcf.com.

About Raymond James Financial, Inc.
Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has more than 6,600 financial advisors serving in excess of 2.7 million client accounts in more than 2,700 locations throughout the United States, Canada and overseas. Total client assets are approximately $480 billion. Public since 1983, the firm has been listed on the New York Stock Exchange since 1986 under the symbol RJF. Additional information is available at www.raymondjames.com. Raymond James & Associates, Inc., member New York Stock Exchange/SIPC.