Philadelphia, July 26, 2016 — It is with heavy hearts that we note the passing of our colleague and friend, Lee Casper. He spent his career investing and working in affordable housing. As a member of Reinvestment Fund’s Board and Loan Committee, he worked to revitalize neighborhoods throughout our region.
“Reinvestment Fund was founded on the principle of social justice, to help bring equity and opportunity to low-income communities in our region,” said Reinvestment Fund President and CEO Don Hinkle-Brown. “Our beginnings were in affordable housing and Lee Casper was instrumental to so much of what we were able to achieve for the communities we serve.”
One of Reinvestment Fund’s earliest projects was working with Lee and the Philadelphia Interfaith Action, a consortium of more than 40 religious associations, on an early project that built Nehemiah Homes in West Philadelphia. With construction financing from Reinvestment Fund, PIA’s 132-unit housing project became the city’s largest affordable housing project in more than 20 years.
Lee was honored in 2010, with a “Lifetime Achievement Award” by Reinvestment Fund for his support of our work and mission. At his award reception, Governor Ed Rendell said of Lee, “Giving people a quality place to live was far more important than even the profit motive for Lee.” Governor Rendell went on to say, “Lee Casper, because of the work he’s done and opportunities he has given to those who wouldn’t have had those opportunities otherwise, truly deserves the label great.”
Lee also volunteered his time to serve on the Board of Directors of TRF Development Partners, Reinvestment Fund’s real estate development affiliate. His work helped ensure that quality affordable housing was available to communities in need.
In addition to housing development, Lee was also known as an inventor, artist, and sailor. As with everything he did, Lee brought incredible professionalism and kindness to his work with Reinvestment Fund.
We will miss him tremendously.
Services and interment private. In lieu of flowers, contributions in his memory may be made to JEVS Human Services, 1845 Walnut Street, 7th Floor, Philadelphia, PA 19103 or Hope Partnership for Education, 2601 N. 11th Street, Philadelphia, PA 19133.
Related article: “Lee Casper; home builder backed affordable housing” Philly.com