Regional Development Agency Assistance Program
Regional Development Agency Assistance Program supports county-designated agencies with economic development projects, matching funds, and approved project debt service to advance job creation in Kentucky.
Funder: Commonwealth of Kentucky
Due Dates: Rolling (Applications) | May 1, 2027 (Fiscal-year OPS deadline) | October 1, 2027 (Annual recipient report)
Funding Amounts: $6 million annually for FY 2026–2028; $153,846.15 per TVA county in each of FY 2027 and FY 2028
Summary: Supports county-designated Special Purpose Governmental Entities undertaking economic development, job creation, matching-fund acquisition, and approved project debt service.
Key Information: County fiscal courts apply; designated Special Purpose Governmental Entities in Kentucky’s 39 TVA counties receive the funds.
Description
The Regional Development Agency Assistance Program (RDAAP) is a Commonwealth of Kentucky grant program administered by the Department for Local Government’s Office of State Grants, Special Programs Branch. It supports agencies designated by the fiscal courts of Tennessee Valley Authority (TVA) counties, working in partnership with county governments to advance economic development and job creation.
Under KRS 96.905, grants support economic development and job creation activities, acquisition of federal, state, or private matching funds to the extent possible, and debt service for approved projects. The program operates through county allocations, with county fiscal courts applying for eligible projects and designated Special Purpose Governmental Entities (SPGEs) receiving and administering the funds. Program funding is separate from TVA payments in lieu of taxes.
