FAA Awards 677 Million In Grants To Airports
U.S. Department of Transportation Secretary Elaine L. Chao announced that the Federal Aviation Administration (FAA) will award $677 million in airport infrastructure grants, the first allotment of the total $3.18 billion in Airport Improvement Program (AIP) funding for airports across the United States.
The 241 grants will fund 346 infrastructure projects that include runways, taxiways, aprons, and terminals. These projects are important to the safety and efficiency of the nation’s system of airports.
“If you want a strong transportation system, you have to invest in airport infrastructure,” said Secretary Chao. “Airports are the backbone of aviation. These communities are going to reap greater safety, efficiency, and economic dividends for years to come.”
The U.S. infrastructure, and especially its 3,323 airports and 5,000 paved runways as an essential piece, moves the country’s competitiveness and lifts its citizens’ quality of life. According to the FAA’s most recent economic analysis, U.S. civil aviation accounts for $1.6 trillion in total economic activity and supports nearly 11 million jobs. Under the Secretary’s leadership, the Department is delivering AIP investments to strengthen the safety and efficiency of America’s airports.
Airports can get a certain amount of AIP entitlement funding each year based on activity levels and project needs. If their capital project needs exceed their available entitlement funds, the FAA can supplement their entitlements with discretionary funding. A list of all grants can be seen here.