Regulatory Alert: FAA Releases List of Over $967 Million in FY23 Airport Terminal Program Grants

The Federal Aviation Administration (FAA) on February 27 released a list of airport projects that will receive a share of over $967 million in fiscal year 2023 (FY23) discretionary grants under the Airport Terminal Program (ATP), which was created by the Infrastructure and Investment and Jobs Act (IIJA), commonly known as the Bipartisan Infrastructure Law (BIL). The agency intends to fund 104 projects at 99 airports, focusing on terminal reconstruction, development, and accessibility; improving energy efficiency for terminals; and improving airport-owned air traffic control (ATC) towers; among many other purposes. 

You can view the complete list of projects that were selected for FY23 ATP grants today and a separate interactive map showing the location of the airports that will receive FY22 and FY23 ATP grants and how the funds will be used. 

Under the ATP, FAA is providing approximately $5 billion to airports via discretionary, competitive grants for eligible terminal projects over a five-year period. In September, FAA released a notice of funding opportunity (NOFO) that outlined how airports could apply for a share of the approximately $1 billion in FY23 discretionary funds that were available. The NOFO also explained how FAA would review and evaluate each of the proposed projects. Based on the submissions, FAA received over 680 applications requesting over $9.8 billion in FY23 funding. 

What's Next? Looking ahead, FAA will be publishing an annual NOFO to announce additional funding available, approximately $1 billion per year, for FY24 through FY26. AAAE expects that the next NOFO for FY24 ATP grants will be released in July or August 2023, although this is subject to change. 

AAAE has developed a one-page overview of the various grant programs and funds being administered by FAA, including relevant timelines, to help airports navigate the opportunities available for infrastructure funding. You can view the updated overview here.