WASHINGTON, D.C.\u2014The Federal Aviation Administration of the U.S. Department of Transportation will award $20,693,369 in airport aid to one airport in Guam to help respond to the COVID-19 public health emergency.<\/p>\n
Guam has one airport, the A. B. Won Pat International Airport, also known as Guam International Airport.<\/p>\n
This grant funding is part of the $10 billion provided under the newly created\u00a0Coronavirus Aid, Relief, and Economic Security Act Airport Grant Program, to provide immediate relief to American families, workers, and businesses.<\/p>\n
\u201cThis $10 billion in emergency resources will help fund the continued operations of our nation\u2019s airports during this crisis and save workers\u2019 jobs,\u201d said U.S. Transportation Secretary Elaine L. Chao in announcing the grant awards yesterday.<\/p>\n
This funding will support continuing operations and replace lost revenue resulting from the sharp decline in passenger traffic and other airport business due to the COVID-19 public health emergency. The funds are available for airport capital expenditures, airport operating expenses including payroll and utilities, and airport debt payments. <\/p>\n
\u201cThank you to the dedicated men and women from the FAA\u2019s Office of Airports for creating an entirely new program in record time to assist airport sponsors in desperate need of these funds,\u201d said FAA administrator Steve Dickson.\u00a0<\/p>\n
View a list of the Northern Mariana Islands airports receiving funding on an\u00a0interactive map, along with funding for all U.S. airports on FAA\u2019s website.<\/p>\n
The FAA encourages airport sponsors to spend the grant funds immediately to help minimize any adverse impact from the current public health emergency. Airport sponsors should work with their local\u00a0FAA Office of Airports\u00a0field office on the application and grant-agreement process.<\/p>\n
The CARES Act also provides funds to increase the federal share to 100% for grants awarded under the fiscal year 2020 appropriations for Airport Improvement Program and Supplemental Discretionary grants. Under normal circumstances, AIP grant recipients contribute a matching percentage of the project costs. Providing this additional funding and eliminating the local share will allow critical safety and capacity projects to continue as planned regardless of airport sponsors\u2019 current financial circumstances.<\/p>\n
The FAA will use a streamlined application and grant-agreement process to make this funding immediately available for critical airport needs. The funds will be available as soon as the airport sponsor executes a grant agreement.<\/p>\n
The CARES Act provides new funds distributed by various formulas for all airports that are part of the national airport system. This includes all commercial service airports, all reliever airports and some public-owned general aviation airports. (PR)<\/p>\n","protected":false},"excerpt":{"rendered":"
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