This Commonwealth grant program administered by the Office of the Budget for the acquisition and construction of regional economic, cultural, civic, recreational, and historical improvement projects. RACP projects, with a minimum request of $1,000,000, 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.
To learn more about the Redevelopment Assistance Capital Program (RACP) click here.