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. The RACP funding round will open Friday, December 8, 2023. The window will close Friday, January 12, 2024. More information regarding this funding opportunity can be found here.