The Federal Aviation Administration 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 U.S.
A total of 358 grants to 327 airports in 46 states and the Pacific Islands will fund runway reconstruction and rehabilitation, construction of firefighting facilities, and maintenance of taxiways, aprons, and terminals. 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.
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.