Philadelphia Awarded a Big Chunk of State Redevelopment Grants
About a fifth of a recent round of Pennsylvania's Redevelopment Assistance Capital Program (RACP) awards went to projects in Philadelphia, including the Reading Viaduct rail park project.
"Pennsylvania officials have awarded $21.3 million in redevelopment funds requested last year for Philadelphia projects, including $3.5 million for the Reading Viaduct rail park project planned along abandoned tracks north of Center City," reports Jacob Adelman.
The Redevelopment Assistance Capital Program (RACP) awards were announced at the end of September by the state Office of the Budget.
"Statewide, $102.5 million has been awarded out of $1.6 billion in requests, according to the list," adds Adelman.
Published on Friday, September 30, 2016 in
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