Transportation Sec. Chao Announces $495 Million in Infrastructure Grants to 327
Monday, June 24, 2019
Posted by: NASAO
U.S. Transportation Secretary Elaine L. Chao Announces $495 Million in Infrastructure Grants to 327 Airports in 46 States and the Pacific Islands
Read full FAA Press Release | June 24, 2019
WASHINGTON – U.S. Department of Transportation Secretary Elaine L. Chao today announced that the Federal Aviation Administration (FAA) will award $495 million in airport infrastructure grants, the second allotment of the total $3.18 billion in Airport Improvement Program (AIP) funding for airports across the United States.
“This significant investment in airport improvements will fund construction and rehabilitation projects that will help maintain high levels of safety in U.S. aviation,” said U.S. Department of Transportation Secretary Elaine L. Chao.
There will be a total of 358 grants to 327 airports around the country in 46 states and the Pacific Islands. Selected projects include runway reconstruction and rehabilitation, construction of firefighting facilities, and the maintenance of taxiways, aprons, and terminals. The construction and equipment supported by this funding increase the airports’ safety, emergency response capabilities, and capacity, and could support further economic growth and development within each airport’s region.
Airport infrastructure in the United States, with 3,332 airports and 5,000 paved runways, supports our economic competitiveness and improves 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 Secretary Chao’s leadership, the Department is delivering AIP investments for the American people, who depend on reliable infrastructure.
Airports can receive 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.
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