When is the deadline for Revitalization and Placemaking (RAP) 2.0 Program?

The deadline is September 30, 2027.

Revitalization and Placemaking (RAP) 2.0 Program

Q: How much funding does Revitalization and Placemaking (RAP) 2.0 Program provide?

Revitalization and Placemaking (RAP) 2.0 Program provides Up to $5,000,000 per real estate project; up to $1,000,000 for public space/infrastructure; up to $20,000,000 for subgrant programs in funding.

DETROIT ECONOMIC GROWTH ASSOCIATION

Foundation One-time Community Development Grants Affordable Housing Grants

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Funding Amount

Up to $5,000,000 per real estate project; up to $1,000,000 for public space/infrastructure; up to $20,000,000 for subgrant programs

Deadline

September 30, 2027

540 days left

Grant Type

foundation

Overview

Revitalization and Placemaking (RAP) 2.0 Program

Funder: Michigan Economic Development Corporation (MEDC)

Geographic Scope: Michigan's 10 prosperity regions (DEGC administering in Detroit)

Program Description: The RAP 2.0 program provides access to real estate and place-based infrastructure development gap financing in the form of grants. It is designed to support revitalization and placemaking initiatives across Michigan.

Funding Available:

Real estate rehabilitation and development grants: Up to $5,000,000 per project

Public space place-based infrastructure grants: Up to $1,000,000 per project

Subgrant programs for local/regional partners: Up to $20,000,000

Focus Areas:

Mixed-use development projects

Historic renovation and adaptive reuse

Commercial space development

Market-rate housing

Workforce housing

Public space improvements

Infrastructure development

Eligibility & Selection Criteria:

Project location strategic importance

Readiness to proceed

Organizational capacity of developer

Long-term community impacts

Financial viability

Local/regional strategic alignment

Preference given to:

- Mixed-use/mixed-income housing projects
- Historic renovation projects
- Emerging and minority developers
- Demonstrated site control

Geographic Focus: Detroit strategic areas and neighborhood commercial corridors

Funding Constraints:

Funds must be expended before September 30, 2027

Gap funding reimbursed to developers as project phases completed

Detroit Example: DEGC awarded $14.5 million from MEDC through RAP 2.0 in January 2024 to support five major mixed-use development projects totaling over $255 million in investment, with majority led by African American developers

Administration: DEGC administers RAP 2.0 projects in partnership with City of Detroit's Housing and Revitalization Department, Mayor's Office Jobs and Economy Team (JET), and City's Grants Management Office

Contact: Michigan Economic Development Corporation (MEDC); Detroit Economic Growth Corporation (DEGC) - 500 Griswold St., Ste. 2200, Detroit, MI 48226

How to Apply

RAP 2.0 Application Process

Application and Review:
1. Developers submit proposals to MEDC and/or DEGC
2. DEGC coordinates with City of Detroit departments for review
3. Projects evaluated on strategic criteria (location, readiness, capacity, community impact, financial viability, alignment)

Selection and Administration:
1. MEDC approves funding awards
2. DEGC selected as administering partner for Detroit projects
3. DEGC verifies expenditures throughout construction
4. Gap funding disbursed as project phases completed

Required Elements:

Developer organizational capacity demonstration

Site control documentation

Financial viability analysis

Project timeline and readiness to proceed

Community impact plan

Long-term sustainability strategy

Grant Disbursement:

Reimbursement model based on phase completion

DEGC oversight of expenditure verification

Active engagement throughout project construction

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