A model of strongly correlated spinless fermions on a checkerboard lattice is mapped onto a quantum FPL model. We identify a large number of fluctuationless states specific to the fermionic case. We also show that for a class of fluctuating states, the fermionic sign problem can be gauged away. This claim is supported by numerical evaluation of the low-lying states. Furthermore, we analyze excitations at the Rokhsar-Kivelson point of this model using the relation to the height model and the single-mode approximation.The interplay between quantum and geometric frustration can result in many unusual properties. From that point of view, strongly correlated spinless fermions on a checkerboard lattice present an interesting case. At certain fillings, fractionally charged excitations have been predicted for the case of large nearest-neighbor repulsion [1]. The subject is not purely academic since the checkerboard lattice is a projection of a pyrochlore lattice onto a plane. There is experimental evidence that electrons in pyrochlore lattices can be strongly correlated [2]. We shall show that at half filling, this problem can be mapped onto a quantum fully packed loop (FPL) model -an analog of the quantum dimer model (QDM) -and discuss a number of consequences. QDMs, originally introduced in the context of quantum magnetism [3], became a focus of recent interest following the discovery of a gapped liquid phase on a triangular lattice [4]. In particular, it has been established that a gapped phase with deconfined excitations exists in 2D for QDMs on non-bipartite lattices [4,5,6,7] while on bipartite lattices, such as a square lattice, systems typically crystallize into a phase with a broken translation/rotation symmetry. The liquid phase is "shrunk" into a quantum critical point with gapless excitations [3,8,9]. In both cases, an effective gauge theory is a U(1) theory for such a critical point and a Z 2 theory for a deconfined phase [10,11]. Several related models, such as the quantum six/eight-vertex models [12,13,14,15] have been shown to conform to the same dichotomy: a model with orientable loops is critical and is described by a U(1) gauge theory.The aforementioned models share one important feature: the matrix elements connecting various states of the lowenergy Hilbert space are all non-negative. The Hilbert space separates into different sectors so that all states within a sector are connected by the quantum dynamics while states belonging to different sectors are not. Then, by Perron-Frobenius theorem, the ground state (GS) of each sector is unique and nodeless [4,16]. Much less is known about models with nonFrobenius dynamics which results in some negative matrix elements. A striking difference between Frobenius vs. nonFrobenius QDMs on the kagomé lattice was found in [7,17]: while the conventional QDM exhibits a gapped Z 2 topological phase, its counterpart with different signs has an extensive GS degeneracy. A different non-Frobenius model of lattice fermions [18] has also been found to have an extensive GS...