The Redevelopment Assistance Capital Program (RACP) has announced the opening of the next round on July 25, 2022, through August 19, 2022.
The RACP is a grant program administered by Pennsylvania’s Office of the Budget for acquisition and construction of regional economic, cultural, civic, recreational, and historical improvement projects. Funding supports programs that have a regional or multi-jurisdictional impact and seek to support and increase employment, tax levels, and other economic activity. Each year Pennsylvania provides funding for more than one round of the program and applicants are encouraged to review the program’s website where valuable information can be found to see if your project would be a good fit. If you have questions about whether or not you believe your project or program is a good fit for application, please let us know! We are happy to talk it through!
To supplement the application, and to provide support for the positive regional impact, letters from organizations like ours, the Chester County Chamber of Business and Industry or your local elected officials, are important. We would encourage you to pursue additional letters of support from the State Representative and State Senator where the project takes place – and we are more than happy to help make these connections for you! Please let us know if you plan to pursue ANY grants within the Chester County region and we will welcome the opportunity to be helpful.
Please visit the Commonwealth’s RACP site by clicking HERE. In addition to procedures, requirements, timelines, etc., interested visitors may also review lists of previous awardees.