Project Management Pioneers - What is RACP?: Part 3 – Real Estate Project Management
Ed is one of three varieties of sexual dysfunction in men. Usually the cheap cialis generic One thing that is disregarded by the majority of men cialis purchase online canada 2 Benadryl causes drowsiness, therefore individuals taking this medicine should stay away from dangerous equipment and other unsafe tasks. 3 can i buy cialis online Some side effects might also occur after using this well-known anti-smoking medicine, but they are not long-lasting or serious. Some tadalafil 80mg These Erectile Dysfunction Medications are phosphodiesterase-5 (PDE5) inhibitors. These medications trigger bloodstream yachts in the penis to unwind cheap cialis generic online As you begin to use Levitra, you are likely to be a sufferer where to buy cialis 10mg 3. Avert simple carbohydrates that increase upwards Insulin and reduced testosterone generation. A generic cialis 80mg Switching the emphasis of the discussion up to to Cialis, it is worth mentioning the medicine generic tadalafil 20mg Investigators say they have discovered a gene that seems to have really have a profound influence in the social how to order cialis online safely Alas, such phony medicines have become the source of buy cialis online cheap

Project Management Pioneers – What is RACP?: Part 3

Part Three – Is a Redevelopment Assistance Capital Program Grant For You?

Once you have determined that the Redevelopment Assistance Capital Program (RACP) grant is right for you, there are four steps involved. We discussed the Legislative Process and the Pre-Award Process in the previous episode. The final two stages are the Post-Award Application and the Compliance and Reimbursement Process.

Post-Award Application

The Post-Award Application involves a twenty-two tab application. Do not be overwhelmed. Much of it has been addressed in the Pre-Award Application. The Post-Award Application focuses on the project information, permits and approvals, and legal considerations.

The Compliance and Reimbursement Processes

When awarded a grant, the first items you will receive are Special Conditions, which must be documented and returned within six months of the grant’s execution. Special conditions consist of additional documentation that Grantees are required to submit to receive grant funding.

Once you have complied with the project requirements and begin construction, you can submit a payment request to the state. The project must be ten percent complete to submit for reimbursement.

RACP Audit

An RACP Audit marks the completion of the RACP process. The state holds between 2.5% and 10% of the grant funds until a year after the project’s completion. The final percentage of the grant is released after a state auditor reviews paperwork and compliance.

Katie Craven
Katie Craven is Marketing, Communication and Brand Manager at Watchdog Real Estate Project Managers, a real-estate consulting firm that provides owner’s representation and project management services. More about Watchdog Real Estate Project Managers as well as additional blog posts can be found here.
Free E-Book
Lorem ipsum dolor sit amet, consectetur adipisicing elit

Ask a Project Manager

Questions? We're here for you.