We’re celebrating Veterans Day by recognizing and honoring the veterans who are part of the Royal American family, along with the family members of our team who have served. We are grateful for your service and sacrifice!
Today marks 40 years since President Reagan signed the Tax Reform Act of 1986 on October 22, 1986. It was a sweeping overhaul of the federal tax code, and tucked inside was a provision that changed affordable housing in America: the Low-Income Housing Tax Credit (LIHTC).
Before 1986, developers relied on tax incentives that made building rental housing more attractive. The new law removed many of those older incentives, and the Housing Credit was created to fill the gap with something more targeted. It was built on a simple idea: encourage private investment in the construction and renovation of affordable apartment homes.
Here is how it works. Each year, states receive an allocation of credits, and in Florida they are awarded through Florida Housing Finance Corporation. Developers apply for the credits, and investors purchase them to provide equity for the project. In exchange, the community must keep rents affordable and serve households within set income limits for decades. Congress later made the program permanent in 1993, and it has since helped finance millions of apartment homes across the country.
At Royal American, the majority of the communities we develop, build, and manage are tax credit properties. For 40 years, this program has shaped the work we do across Royal American Development, Royal American Construction, and Royal American Management. It is the reason so many of our communities exist, and it is a big part of why we are who we are: a team that believes in helping who we can by providing quality homes and service for the people who live in them.
Here’s to 40 years, and to the many more homes still to come.
Our Royal American teams and other local businesses are showing off their creativity in the First Commerce Credit Union’s Decorate-A-Franny Contest in support of Breast Cancer Awareness, and now it’s time to show them some love!
They are already at 22% of the fundraising goal, and every vote helps support breast cancer patients right here in Bay County through Ascension Sacred Heart Bay.
Voting is open through October 30!
Click below to see the fabulous Frannys, select your favorite entry, and make a donation to cast your vote.
Dress A Flamingo Competition Stanford Centre | First Commerce
Share the fun with your family, friends, and social networks! Let’s rally behind our RA teams and help bring home the Best in Flock title!
Thank you for helping us make a difference!
VETERANS WALL OF SERVICE
A Royal American tradition of honoring those who served
We’re gathering submissions for this year’s Veterans Wall of Service for The Dispatch, featuring RAM team members and their immediate family members who have served in the U.S. Armed Forces. Whether you’ve participated before or this will be your first time, we’d love to include you. Previous participants can also update their photo or story.
WHAT TO SEND
Your information
- Name, Job Title, Department/Property/Company
Veteran’s information & Photo
- Veteran’s name and Branch of Service
- Your relationship to the veteran
- A few sentences about their service or about them personally
- Clear JPEG photo, preferably in uniform
Submission Deadline: FRIDAY, OCTOBER 30
Submit to: ace@royalamerican.com
Thank you for helping us continue this tradition by sharing your veteran story.
We are excited to shine the spotlight on Jeanne Hatten, Regional Vice President, and celebrate an exciting milestone in her continued leadership journey within the multifamily industry.
Jeanne recently completed the final course of the Leadership Lyceum program and has officially earned her Leadership Lyceum certification through the Georgia Apartment Association.
In Georgia, the Leadership Lyceum program is closely integrated between the Atlanta Apartment Association (AAA) and the Georgia Apartment Association (GAA) and is recognized as a premier professional development initiative designed to cultivate high-potential, emerging volunteer leaders within the state’s multifamily housing industry.
The program is designed to prepare professionals for greater involvement in association leadership by strengthening their understanding of advocacy, governance, volunteer service, industry issues, and the responsibilities that come with serving in future committee and board roles.
For Jeanne, earning this certification is an important accomplishment and a natural extension of the leadership she already demonstrates every day at Royal American. It also positions her for even greater involvement within the apartment association community and future opportunities to serve, lead, and contribute at the local, state, and national levels.
Jeanne has already begun putting that leadership into action.
She recently represented Royal American Management as a panelist at the Georgia Apartment Association conference in Chattanooga, Tennessee, participating in the session:
“Leading What’s Next: Preparing Multifamily Leaders for an Era of Transformation.”
Jeanne joined three fellow panelists for a discussion focused on how leadership is evolving within the multifamily industry. The conversation explored shifting workforce expectations, emerging technologies, economic pressures, and the increasing demands placed on leaders at every level.
Being selected to participate in this panel gave Jeanne the opportunity to share her experience, perspective, and leadership approach with industry peers while proudly representing Royal American.
We are especially proud to see our leaders investing in themselves while also investing in the future of our industry. Programs like Leadership Lyceum, association volunteerism, and opportunities to serve as industry speakers and panelists allow our leaders to build relationships, expand their influence, and help shape what comes next for multifamily housing.
Congratulations, Jeanne, on earning your Leadership Lyceum certification and on representing Royal American so well at the GAA conference. We are proud of your accomplishments, proud of the leadership you bring to our teams, and excited to see where your continued association involvement takes you next.
Way to represent Royal American, Jeanne!
Our next Town Hall is happening tomorrow, Wednesday, September 16 from 10:00–11:00 AM Central (11:00 AM–12:00 PM Eastern). Hosted by the Training Department, this session will feature Britany Ost and Brandie Keen from the Client Relations Team. They’ll discuss the daily operations of their department, what owners are looking for in today’s environment, the important of trust and communication, and how we can create value beyond day-to-day operations. This is a special session for Regional Managers, Regional Directors, and Regional Vice Presidents only.
Don’t miss it! We look forward to seeing you tomorrow!
September 11, 2001, is a day that changed our nation forever.
On the 25th anniversary of 9/11, we pause to remember the lives lost, honor the first responders and everyday heroes who stepped forward, and reflect on the resilience and unity that followed.
We will never forget.