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Redevelopment Assistance Capital Program (RACP)

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State: PA

Agency: PA Office of the Budget

Description: Redevelopment Assistance Capital Program projects are primarily economic development projects, 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. Included are projects with cultural, historic, recreational or civic significance. Redevelopment Assistance Capital Program projects are state-funded projects that cannot obtain primary funding under other state programs. Projects that can normally obtain funding from PENNDOT, PENNVEST, the Department of Community and Economic Development, or other state agencies are generally restricted from participating in the Redevelopment Assistance Capital Program. Please see Section 6 for more detail on ineligible projects.

Award Value: $1,000,000 min.

Match: 50%

Deadlines: 1/31/2019

RVE Contact: Owen Hyne