US Secretary of Transportation Elaine L. Chao has announced the Department of Transportation´s Federal Aviation Administration (FAA) will award 439 grants amounting to USD 1.187 billion in airport safety and infrastructure grants, the company said.
The total includes USD 731 million in Airport Improvement Program (AIP) grants and an additional USD 455 million in Supplemental Discretionary grants. The money will be available for 100 percent of the eligible costs under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
This Federal investment of over USD 1 billion represents the Department´s continued commitment to the safety and efficiency of our nations airports for the traveling public.
The combined AIP and Supplemental Discretionary grants will fund a wide variety of projects. Some of these projects are purchasing aircraft rescue and firefighting equipment, constructing runways and taxiways, repairing runways and taxiways, installing aircraft lighting and signage, conducting airport master plan studies, and installing airport perimeter fencing.
The 439 grants will ensure that airport sponsors can make the necessary improvements so their airports can operate in a safe and efficient manner.