Regulatory Alert: FAA Announces $850 Million in FY22 AIP Grants for Over 200 Airports
August 30, 2022
The Federal Aviation Administration (FAA) on August 30 announced the award of over $850 million in infrastructure grants as part of the fiscal year 2022 (FY22) Airport Improvement Program (AIP). The 211 grants announced will fund a variety of projects at over 200 airports in 44 states, including construction of new and improved airport facilities, repairs to runways and taxiways, and purchasing equipment needed to operate and maintain airports.
The AIP grants announced were made available by the $3.35 billion in “regular“ AIP funding that Congress provided in March of this year as part of the FY22 omnibus spending bill. This is the fifth round of grants released for this fiscal year. The U.S. Department of Transportation (DOT) and FAA have previously awarded about $2.12 billion in FY22 AIP grants in separate announcements on May 12, June 7, June 29, and July 26. This brings the total to approximately $2.97 billion for FY22 AIP grants.
As of July, FAA stopped issuing press releases for AIP grant award announcements. However, you can review the full list of grant awards released on August 30 here.
In addition to FAA's awarding of over $2.97 billion in FY22 AIP grants this year, FAA is expected to release a notice of funding opportunity in the near term that will outline how airports can apply for a share of approximately $272 million in supplemental discretionary funds that Congress provided as part of the FY22 omnibus spending bill. We will provide additional updates as FAA makes more information available.
The Federal Aviation Administration (FAA) on August 30 announced the award of over $850 million in infrastructure grants as part of the fiscal year 2022 (FY22) Airport Improvement Program (AIP). The 211 grants announced will fund a variety of projects at over 200 airports in 44 states, including construction of new and improved airport facilities, repairs to runways and taxiways, and purchasing equipment needed to operate and maintain airports.
The AIP grants announced were made available by the $3.35 billion in “regular“ AIP funding that Congress provided in March of this year as part of the FY22 omnibus spending bill. This is the fifth round of grants released for this fiscal year. The U.S. Department of Transportation (DOT) and FAA have previously awarded about $2.12 billion in FY22 AIP grants in separate announcements on May 12, June 7, June 29, and July 26. This brings the total to approximately $2.97 billion for FY22 AIP grants.
As of July, FAA stopped issuing press releases for AIP grant award announcements. However, you can review the full list of grant awards released on August 30 here.
In addition to FAA's awarding of over $2.97 billion in FY22 AIP grants this year, FAA is expected to release a notice of funding opportunity in the near term that will outline how airports can apply for a share of approximately $272 million in supplemental discretionary funds that Congress provided as part of the FY22 omnibus spending bill. We will provide additional updates as FAA makes more information available.
