Midland airport receives $2.53M grant
Midland International Air and Space Port was recently awarded a $2.53 million grant for apron improvement and airport drainage.
A news release from the Federal Aviation Administration on Tuesday announced the agency would award $586 million in airport infrastructure grants, the fifth allotment of the total $3.18 billion in Airport Improvement Program funding.
“These Airport Improvement Grants are investments in our country’s critical infrastructure,” U.S. Department of Transportation Secretary Elaine L. Chao said in a prepared statement. “This grant is a down payment to ensure that the Midland Air and Space Port remains an economic engine as demand grows.”
The grants will fund infrastructure projects including runways, taxiways, aprons and terminal projects. The projects are important to the safety and efficiency of the nation’s system of airports, the release stated.
Airports receive a certain amount of AIP entitlement funding each year based on activity levels and project needs. If their capital project needs exceed their available entitlement funds, the FAA can supplement their entitlements with discretionary funding, the release stated.