FAA grant

Arkansas airports to receive $23 million in first round of funding from new infrastructure law

by Jeff Della Rosa (JDellaRosa@nwabj.com)

The Federal Aviation Administration (FAA) of the U.S. Department of Transportation announced Thursday (Dec. 16) it will award $2.89 billion in fiscal 2022 to 3,075 U.S. airports as a result of the new infrastructure law. In Arkansas, $23.35 million will go to 65 commercial, county and municipal airports.

The law provides $15 billion over five years for airport-related projects under the existing Airport Improvement Grant and Passenger Facility Charge programs. The money can be invested in runways, taxiways, safety and sustainability, terminal, airport-transit connections and roadway projects.

In Arkansas, the largest amounts awarded in the first round of airport funding from the law will go to the three largest commercial airports in the state:

  • Clinton National Airport in Little Rock, $4.89 million

  • Northwest Arkansas National Airport in Highfill, $4.46 million

  • Fort Smith Regional Airport, $1.27 million.

https://talkbusiness.net/2021/12/arkansas-airports-to-receive-23-million-in-first-round-of-funding-from-new-infrastructure-law/

Texarkana Airport Receives $4.9 Million in Federal Funds

by Talk Business & Politics staff (staff2@talkbusiness.net)

The U.S. Department of Transportation (DOT) has awarded $4.96 million in federal funds to Texarkana Regional Airport-Webb Field.

The money will be used to reconstruct the airport’s terminal building. This funding is awarded through the FAA’s second round of FY21 Airport Improvement Program grants.

The purpose of the Airport Improvement Program is for the planning and development of public-use airports that are included in the National Plan of Integrated Airport Systems.

https://talkbusiness.net/2021/04/texarkana-airport-receives-4-9-million-in-federal-funds/

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