California Tax Credit Allocation Committee AgendaPacket 2026-06-22
Royal Property Management to manage Green Manor Apartments
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Description
Royal Property Management Group will manage the 149‑unit Green Manor Apartments senior affordable complex under a long-term LIHTC regulatory agreement. Services include day‑to‑day property operations and compliance with HUD Section 8 and tax credit requirements.
Contract Details
Vendor
ROYAL PROPERTY MANAGEMENT GROUP
Agency
California Tax Credit Allocation Committee, CA
Contract Type
PROFESSIONAL_SERVICES
Document Date
June 22, 2026
Contract Term
55-year affordability period (anticipated management horizon)
Renewal Date
2082-12-31
Renewal Info
Property management agreement expected to run concurrent with the 55‑year regulatory period, subject to owner renewals or replacement of agent.
Issuing Agency
California Tax Credit Allocation Committee
State Housing Authority
Sacramento, CA
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