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Find similar grantsRedevelopment Assistance Capital Program (RACP) is sponsored by Commonwealth of Pennsylvania (administered by PIDC Philadelphia). This Commonwealth-funded grant program supports the acquisition and construction of regional economic development, cultural, civic, and historical improvement projects. PIDC Philadelphia administers these grants on behalf of the Commonwealth.
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Redevelopment Assistance Capital Program (RACP) Now Open - PIDC Redevelopment Assistance Capital Program (RACP) Now Open PIDC / Blogs / Redevelopment Assistance Capital Program (RACP) Now Open Business Builder Workshops (1) Business Tips & Resources (26) Corporate & Commercial Development (13) D'Alessio Scholarship (11) Education & Medicine (12) Entrepreneurial Venture (1) Family-Owned Business (9) Future Places of Work (3) Industrial Market & Land Use Strategy (2) Industrial Real Estate (4) Logistics & Distribution (10) Lower Schuylkill River (13) Neighborhood Development (11) PIDC Community Capital (21) Real Estate Initiatives (44) Scholarship Recipient (7) Women & Minority-Owned (48) The Pennsylvania Redevelopment Assistance Capital Program (RACP) offers matching grants, generally ranging from $1,000,000 to $5,000,000, funded by the Pennsylvania Office of the Budget for the acquisition and construction of economic development, cultural, civic, recreational, and historical improvement projects.
RACP grant awards are issued by the Commonwealth and administered through the Philadelphia Authority for Industrial Development (PAID) for projects within the City of Philadelphia. The RACP program is very competitive with limited funding that is distributed across the Commonwealth.
Projects that have been authorized in a capital budget and are ready to proceed with demonstrated need for the funds and substantial impact will have a higher likelihood of success. We encourage you to prepare materials required for the application in advance of the opening date. We are available to assist you with questions on the application process.
Director of Conduit Services Business Builder Workshops (1) Business Tips & Resources (26) Corporate & Commercial Development (13) D'Alessio Scholarship (11) Education & Medicine (12) Entrepreneurial Venture (1) Family-Owned Business (9) Future Places of Work (3) Industrial Market & Land Use Strategy (2) Industrial Real Estate (4) Logistics & Distribution (10) Lower Schuylkill River (13) Neighborhood Development (11) PIDC Community Capital (21) Real Estate Initiatives (44) Scholarship Recipient (7) Women & Minority-Owned (48) Last Updated: May 26, 2021 Please note: you are not obligated by law to provide us with any information.
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According to the current listing, eligibility includes: Eligible for-profit and nonprofit entities for acquisition, renovations, and construction of regional economic, cultural, civic, and historical improvement projects, storefront improvements on eligible commercial corrid…. Confirm the full requirements in the official notice before applying.
Redevelopment Assistance Capital Program (RACP) is funded by Commonwealth of Pennsylvania (administered by PIDC Philadelphia). Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
The William Penn Foundation's May 2026 docket distributed $57.2M across 128 grants, with 41 percent flowing to Children and Families. The breakdown reveals which Philadelphia nonprofit categories are gaining institutional traction and which are being asked to make harder cases.
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