The Redevelopment Assistance Capital Program (RACP) is a Commonwealth grant program administered by the Office of the Budget for the design, acquisition, and construction of a regional economic, cultural, civic, recreational, and historical improvement project.
RACP projects are authorized in the Redevelopment Assistance section of a Capital Budget Itemization Act, have a regional or multi-jurisdictional impact, and generate substantial increases or maintain current levels of employment, tax revenues, or other measures of economic activity.
RACP projects are state-funded projects that cannot obtain primary funding under other state programs.
[Note: As a practical matter, only applicants with projects already authorized by Capital Budget Itemized Project Authorization Law can apply.]
Click Here for all the details and to apply.
[Posted: December 10, 2023] PA Environment Digest
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