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Published on : Wednesday, July 26, 2017
U.S. Department of Transportation Secretary Elaine L. Chao announced the Federal Aviation Administration (FAA) will award $ 169.3 million in airport infrastructure grants to 85 airports in 35 states across the United States as part of the FAA’s Airport Improvement Program (AIP).
“The Airport Improvement Program helps to maintain our aviation infrastructure and supports safety, capacity, security and environmental improvements,” said Secretary Chao.
The airport grant program funds various types of airport infrastructure projects, including runways, taxiways, and airport signage, lighting, and markings which help to create thousands of jobs.
Airports are entitled to a certain amount of AIP funding each year, based on passenger volume. If their capital project needs exceed their available entitlement funds, then the FAA can supplement their entitlements with discretionary funding. At this time, the FAA is providing discretionary funding to 25 airports based on their high-priority project needs.