Aug 16, 2017: The U.S. Department of Transportation Secretary Elaine L. Chao announced the Federal Aviation Administration (FAA) will award $162.4 million in airport infrastructure grants to 72 airports in 31 states across the United States as part of the FAA’s Airport Improvement Program (AIP). The announcement was made by Elaine L. Chao, Secretary, U.S. Department of Transportation.
“The Airport Improvement Program helps to maintain our aviation infrastructure and supports safety, capacity, security and environmental improvements,” said Secretary Chao. “This is an important investment in these airports and the economic vitality of their respective communities.”
The airport grant program funds different types of airport infrastructure projects, including runways, taxiways, and airport signage, lighting, and markings, all of which help to create thousands of jobs.
So far this year, the U.S. Department of Transportation has announced more than 1,351 new grants to nearly 1,205 airports for a total of $2.1 billion. These grants will offer funds for 564 runway projects and 475 taxiway projects that are vital to the safety and efficiency of the nation’s system of airports.
Airports are entitled to a certain amount of AIP funding each year, based on passenger volume. If their capital project needs go beyond their available entitlement funds, then the FAA can supplement their entitlements with discretionary funding.
The FAA will issue AIP grants to the airports over the next several weeks in time to take advantage of the summer construction season. The grants will make sure the projects at these airports are either under construction or finished prior to the start of winter.