The US Department of Transportation is making nearly $2 billion in federal grant funding available to help airports affected by COVID-19 under the Federal Aviation Administration’s (FAA) Airport Coronavirus Response Grant Program. The program is funded under the Coronavirus Response and Relief Supplemental Appropriations Act of 2020, and is available to more than 3,000 commercial service, reliever, and publicly-owned general-aviation airports in the National Plan of Integrated Airport Systems.
US DOT Announces Nearly $2 Billion Grant Program for Airports
Key Takeaways:
- The US Department of Transportation is making nearly $2 billion in federal grant funding available to airports nationwide through the Airport Coronavirus Response Grant Program to address the impact of COVID-19.
- A significant portion ($1.75 billion) is allocated to primary commercial service airports to cover operational expenses, retain jobs, provide rent relief, and support concessionaires, with additional funds for non-primary and general aviation airports.
- Funds can also be used for development projects related to combating pathogens, but recipients must implement a mask policy and comply with "Buy American" requirements, with applications due by June 30, 2021.
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