Key Personnel

Senior Management

Ronald Diner is the president of Raymond James Tax Credit Funds, a leading sponsor of Section 42 investments, with more than $4 billion of LIHTC equity raised since the inception of the tax credit program. Since 1983, on behalf of Raymond James, Ron has been responsible for the acquisition and asset management of over 1,300 affordable housing properties located throughout the United States. He has served on numerous industry-wide committees and boards, and is a frequent speaker and panel member at national and state seminars relating to the low-income housing tax credit program. He received an MBA from Columbia University; his bachelor's degree is from Trinity College.

Steven Kropf is executive vice president and director of investments for Raymond James Tax Credit Funds. He is responsible for acquisitions, as well as institutional investor relations. Steven is a member of the RJTCF investment committee, which is responsible for reviewing and approving each partnership. Prior to joining Raymond James in 2000, he was a senior manager within the financial advisory services practice of PricewaterhouseCoopers. He was also a project manager within the construction practice of Peterson Consulting LP, where he was responsible for performing financial damage analysis on construction and environmental projects. Steven received a bachelor's degree in engineering, a master’s in engineering and an MBA from the University of Florida.

Bob Landis is senior vice president and director of asset management for Raymond James Tax Credit Funds. A long-term veteran of the multi-family housing industry, Bob has experience in asset management, property operations, acquisitions and development, involving market rate and affordable assets throughout the United States. Prior to joining Raymond James, he served as president of Lane Management, LLC in Atlanta and he was senior vice president with both Alliance Residential Management and United Dominion Realty Trust in Texas. Bob received a BA with honors from the University of Delaware and a Master of Urban and Environmental Planning from the University of Virginia School of Architecture.

Sam Shupe, senior vice president of feasibility, is responsible for determining the feasibility of property acquisitions made by Raymond James Tax Credit Funds. Sam is a member of the RJTCF investment committee. Prior to joining Raymond James in 1995, he worked with NationsBank for more than eight years. He was involved with the underwriting and analysis of commercial real estate loans, as well as recommendations regarding restructuring of troubled loans and asset disposal decisions. He also directed the production of market research reports and performed numerous property valuations and feasibility studies. Previously, he was a real estate lender, and also was directly involved in the management of loans on troubled properties. Sam graduated from the University of Florida with a bachelor degree with honors.

Rick Cargo is senior vice president and chief underwriter, responsible for the underwriting process and closing property acquisitions for Raymond James Tax Credit Funds. He has more than 27 years of experience in numerous aspects of commercial real estate. He is a member of the RJTCF investment committee. Prior to joining Raymond James in 1999, Rick worked for First Industrial Realty Trust in several capacities including acquisitions, development/construction and management. Previously a project development manager with the Radnor Corporation, he received his bachelor's degree with honors from University of Florida and attended the MBA program at the University of South Florida.

Toni Matthews is vice president and chief financial officer of Raymond James Tax Credit Funds, Inc. She is responsible for directing the financial activities, the information technology development and the reporting of Raymond James Tax Credit Funds. Prior to joining Raymond James, Toni was in public accounting, specializing in IRS controversy. She also held the position of assistant vice president of corporate tax for Raymond James Financial. She received her bachelor's degree from the University of South Florida.