RAP 2.0

The Revitalization and Placemaking 2.0 program will provide access to gap financing for place-based infrastructure development, real estate rehabilitation and development, and public space improvements.

The second round of the Revitalization and Placemaking (RAP) program, referred to as RAP 2.0, has received an appropriation of $100 million in the budget supplemental SB 7 signed by Gov. Whitmer on Feb. 1, 2023.

As part of RAP 1.0 in 2022, MEDC received approximately $500 million in applications for $100 million in appropriated funding. RAP 2.0 funding therefore demonstrates the great need identified for placemaking and building rehabilitation investment. The RAP 2.0 appropriation comes from the state rather than federal sources, and will result in changes to the program.

New program guidelines are in development and will be shared as soon as they are available.

SAVE THE DATE: RAP 2.0 Informational Webinar

MEDC will host an information webinar on the RAP 2.0 program on Tuesday, April 25, 2023 from 3:00 – 4:00 p.m. Please stay tuned for more information, including webinar registration details.