Redevelopment Assistance Capital Program (RACP)
Funding Amount
Varies
Deadline
Rolling / Open
Grant Type
foundation
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Eligible organizations
- PIDC's Role: PIDC serves as a conduit for the Commonwealth of Pennsylvania, helping eligible businesses, nonprofits, and development projects understand available programs, connect to apply, and guiding grantees through the funding process if awarded.
Other requirements
- Acquisition of regional economic development, cultural, civic, and historical improvement projects
- Construction of such projects
- Note: PIDC does not determine grant eligibility criteria or participate in the selection process.
- Contact: PIDC
Overview
Redevelopment Assistance Capital Program (RACP)
Overview: A Commonwealth of Pennsylvania-funded grant program supporting the acquisition and construction of regional economic development, cultural, civic, and historical improvement projects.
Funder: Commonwealth of Pennsylvania
Geographic Scope: Pennsylvania (administered by PIDC for Philadelphia-area projects)
Eligible Uses:
PIDC's Role: PIDC serves as a conduit for the Commonwealth of Pennsylvania, helping eligible businesses, nonprofits, and development projects understand available programs, connect to apply, and guiding grantees through the funding process if awarded.
Note: PIDC does not determine grant eligibility criteria or participate in the selection process.
Contact: PIDC
How to Apply
Application Process
For application details and to apply, please contact PIDC or visit the Commonwealth of Pennsylvania's grant website directly.
PIDC Contact Information:
PIDC can direct you to the appropriate partners, resources, and program applications that may be available to support your needs.
What Philadelphia Industrial Development actually gave
Source: IRS Form 990 filing, 2024
- Grants in 2024
- 18
- Total given
- $2.24M
- Median grant
- $33K
- Range
- $9,000–$1.55M
- By dollars: Montana 69%, Pennsylvania 25%, New Jersey 4%. Top recipient cities: Philadelphia, PA; Missoula, MT; Norristown, PA.
- 0% of grants with a stated purpose were for general or operating support.
Example grants
Submittable Holdings Inc · Missoula, MT
Economic development and supporting growing businesses
$1.55M
Philadelphia Authority for Industrial Development · Philadelphia, PA
Economic development and supporting growing businesses
$88K
Montgomery County Commerce Dept · Norristown, PA
Economic development and supporting growing businesses
$87K
Chester County Economic Dev Foundation · Exton, PA
Economic development and supporting growing businesses
$80K
Bucks County Econ Dev Corp · Doyleston, PA
Economic development and supporting growing businesses
$79K
Focus Areas & Funding Uses
Fields of Work
Categories
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