FAA Announces $76 million in Airport Modernization Grants

The latest round of awards include runway rehabilitation and safety projects.

Thursday, April 25, 2024 at 02:11 PM ET

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Funding of the airport infrastructure grants comes from President Joe Biden’s Bipartisan Infrastructure Law. [Credit: Pixabay]

Key Takeaways:

The FAA has awarded an additional $76.1 million from the Bipartisan Infrastructure Law for 45 airport infrastructure projects across 22 states.
This funding, part of the Airport Infrastructure Grants (AIG) program, aims to enhance safety and efficiency at airports nationwide.
Projects supported include terminal expansions, baggage system upgrades, and runway and ramp rehabilitation, contributing to the nearly $9 billion distributed to date from a total of $15 billion.

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The FAA is awarding another $76.1 million from the previously allocated $9 billion for 45 airport-related infrastructure projects in 22 states, it announced Thursday.

The funding comes from President Joe Biden’s Bipartisan Infrastructure Law Airport Infrastructure Grants (AIG) program that helps cover the cost of airport improvements for projects such as expansion and remodeling of passenger terminals, baggage system upgrades, and runway and ramp rehabilitation.