Redevelopment Assistance Capital Program (RACP)
Penn Strategies provides a range of services to clients who are seeking to apply for or who have been awarded Pennsylvania Redevelopment Assistance Capital Program (RACP) funds for their projects.
The RACP is administered by the Governor’s Office of the Budget and supports the acquisition and construction of regional economic, cultural, civic, recreational, and historical improvement efforts. 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 efforts that cannot obtain primary funding under other Commonwealth programs.
Penn Strategies works with municipalities, developers, business owners, and non-profit organizations to determine project eligibility, develop project scopes, apply for RACP pre- awards, and complete RACP applications and business plans. We have a record of success.
Our RACP services include:
- Determining project eligibility
- Describing project scope
- Partnering with municipal entities as eligible applicant/grantee if needed
- Providing templates for official documents
- Advocating for legislative support of the project
- Providing grant compliance assistance
- Researching community and economic impacts
- Compiling information in support of the formal 22-section RACP application and business plan
- Assisting with internal and external RACP application reviews
To learn more about Penn Strategies’ RACP services, please contact us today.
“Tobyhanna Township has utilized the services of Penn Strategies since 2015. Their expertise has been instrumental in helping the Township receive over $22 million in grants over the past eight years.”
“Penn Strategies is a top-notch firm that employs a team of dedicated professionals. They have my trust and support.”
“The service and success we have received from Penn Strategies has been our best experience. The entire team at Penn Strategies is very professional, knowledgeable, and super responsive to our needs.”
“Through our partnership with Penn Strategies, Pocono Township has been successfully awarded millions in grant funds for a myriad of public projects, from park renovations to infrastructure repair and public safety needs.”