Rebecca Franklin, EdD, was appointed by Governor Newsom as Chief Deputy Director of the California Housing Finance Agency (CalHFA) in 2024. In her role, she leads operations of CalHFA as it fulfils its mission of investing in diverse communities with financing programs that help more Californians have a place to call home. Ms. Franklin had been CalHFA’s Director of Enterprise Risk Management and Compliance since 2020 and also serves as President of the CalHFA Homeowner Relief Corporation, which administered the California Mortgage Relief Program with Homeowner Assistance Funds.

She previously served as Director of Innovation at the California State Compensation Insurance Fund, where she led the establishment of the State Fund Innovation Design Center, and was an Enterprise Risk Manager at the California Public Employees' Retirement System (CALPERS) from 2015 to 2019. Prior to that, Ms. Franklin held multiple positions at California State Teachers Retirement System (CALSTRS), including Associate Management and Organizational Planning Consultant.

Ms. Franklin earned a Doctor of Education degree in Educational and Organizational Leadership from the University of the Pacific and a Master of Arts degree in Organizational Leadership from Gonzaga University.