Harris helps bring $1.5 million in grant funding to University of Pennsylvania
HARRISBURG, Sept. 19 – Calling it a tremendous boost to the local economy, state Rep. Jordan Harris, D-Phila., announced a $1.5 million Redevelopment Assistance Capital Program grant for the University of Pennsylvania.
“The University of Pennsylvania is an unparalleled resource for Philadelphia, and I appreciate Governor Tom Wolf realizing that and awarding this grant,” Harris said. “The renovations that will be completed thanks to this funding will boost our local economy and help further innovation and technological advancements being researched at Penn.”
The $1.5 million RACP will go toward repurposing a building at Pennovation Works. Pennovation works is a blend of offices, labs and production space linking intellectual and entrepreneurial initiatives. The funding will help renovate a 68,400 square foot building to add wet labs, offices and flexible space as well as redo the interior partitions and mechanical/electrical systems.
The Redevelopment Assistance Capital Program (RACP) is a Commonwealth grant program administered by the Office of the Budget for the acquisition and construction of regional economic, cultural, civic, recreational, and historical improvement projects.