Jul 14, 2017: The U.S. Department of Transportation announced the Federal Aviation Administration will award $185.1 million in airport infrastructure grants to 107 airports in 40 states across the United States as part of the FAA’s Airport Improvement Program (AIP).
The airport grant programme funds different types of airport infrastructure projects, including runways, taxiways, and airport signage, lighting, and markings which helps to create thousands of jobs.
“AIP grants will allow airports to complete critical airport infrastructure projects that will help maintain the safety of the nation’s airports,” said FAA Administrator Michael P. Huerta.
Airports are permitted 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. At this time, FAA is providing discretionary funding to five airports based on their high-priority project needs.