How the Redevelopment Assistance Capital Program works

Beginning today, Monday, March 1, the Governor’s Office of the Budget will open the application window for the 2021 Round 1 Redevelopment Assistance Capital Program (RACP). The application window will remain open until Wednesday, March 31, 2021. 

As a reminder, RACP is a two-step process. The first step is to be authorized in a Capital Budget Itemization Act, such as the most recent one enacted on July 1, 2020. Only projects that have been authorized in a Capital Budget Itemization Act within the past 10 years are eligible to apply for RACP funding. 

A list of itemizations for which an application may be submitted can be found here: The list of Itemized Projects Eligible for Funding is located in the bottom right-hand rail of the web page. It is important to note that inclusion in a Capital Budget Itemization Act does not guarantee that the project will receive funding. To seek funding for a project, an entity must complete the second step in the process.

The second step is to submit an application to the Governor’s Office of the Budget when an application window opens, like the one opening March 1. If an entity applied to the RACP program in the past, the entity must still submit a new application to be eligible for funding made available in this round. 

 To apply during the current application window, candidates must submit an electronic application (e-RACP Application). The application and instructions can be found here, and detailed instructions can be found here. It is important to note that submission of an e-RACP Application requires a non-refundable fee of $500 payable at the time of application by credit card. In addition, prior to application, applicants are highly encouraged to review all program guidelines, requirements, procedures and FAQs included on the website. 

After the Office of Budget reviews the applications, they will make the final determination of which projects will receive funding. 

Please note that RACP is a highly competitive grant program and all projects must go through this competitive application process. Applicants selected for RACP funding will be notified of their grant award via grant award letter and will be given instructions on the next steps in the process, including preparation of a formal Application and Business Plan if they are selected to receive funding.

State representatives can submit a letter of support to the governor during the 30-day public comment period, April 12 through May 12. For more information on this step, please contact my office.