Elizabeth Frantz

Elizabeth Frantz is Senior Director and Philadelphia Market Leader at Reinvestment Fund, a community development financial institution. Utilizing her expertise in community finance, New Markets Tax Credits, and Low Income Housing Tax Credits, she works in collaboration with housing developers, nonprofits, and partners to make visionary projects a reality in Philadelphia and across the Mid-Atlantic region. She has provided over $275 million in loans to support the development of affordable housing, community facilities, nonprofit and arts programs, historic renovations, sustainability, economic development and other community-serving real estate projects. Elizabeth has provided low-cost loans for projects that meet energy efficiency goals. For instance, she worked closely with Called to Serve CDC, a GBU grant recipient, providing low-cost construction financing to build the Sullivan Community Impact Center, an energy-efficient community center providing healthcare, afterschool programming, and art therapy in North Philadelphia. She is excited about the opportunity to support GBU and its work to create a more sustainable and resilient Philadelphia. She sees both the significant need and imperative to better support organizations in accessing the expertise and funding needed to make their projects energy efficient and resilient. Unfortunately, energy efficiency and resiliency are not always top goals in the development or rehab of affordable housing and community development projects in Philadelphia, and she wants to change that. Elizabeth is working to increase her knowledge of best practices in energy efficiency, sustainability and resiliency. Currently, she is a participant in a training program about green lending led by Philadelphia Green Capital Corporation and the Institute for Market Transformation. Having underwritten debt for several dozen nonprofit organizations, Elizabeth brings significant expertise in nonprofit financial management and evaluating financial reports (audits, annual budgets, etc.), valuable skills for board service. She previously served on the finance committee for a Philadelphia food co-op. Elizabeth has a graduate degree in city planning from the University of Pennsylvania and a bachelor’s degree in history from Northwestern University.

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