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FAA awards $899m in airport improvement grants
Investors - MAY 14, 2021

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FAA awards $899m in airport improvement grants

by Released

The U.S. Department of Transportation’s Federal Aviation Administration (FAA) announced the award of more than $898.9 million in infrastructure and safety projects through the FY2021 Airport Improvement Program (AIP). This total includes $113.5 million in American Rescue Plan Act funding to award all grants at a 100 percent federal share.

“Investing in our nation’s infrastructure is how our country helped spark an aviation industry that now supports millions of jobs,” said U.S. Secretary of Transportation Pete Buttigieg. “These Airport Improvement Program grants will help modernize America’s airports and ensure that our air transportation system remains the safest and most efficient in the world.”

Grant projects funded through the Airport Improvement Program promote safety, efficiency, environmental stewardship, infrastructure and security at the nation’s airports. The announcement May 13 includes 488 grants to 447 airports in 49 states and American Sam

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