Asheville Regional Airport to Receive $18.2 Million in Federal Grant Funding for New Runway
The FAA will award a total of $527.8 million in airport infrastructure grants to 584 airports across the country
U.S. Department of Transportation (USDOT) Secretary Elaine L. Chao has announced that the Federal Aviation Administration (FAA) will award a total of $527.8 million in airport infrastructure grants to 584 airports across the United States. The grants are part of the FAA's Airport Improvement Program (AIP).
"The Airport Improvement Program helps to maintain our aviation infrastructure and supports safety, capacity, security and environmental improvements," said Secretary Chao.
The airport grant program funds various types of airport infrastructure projects, including runways, taxiways, and airport signage, lighting, and marking which helps to create thousands of jobs.
"Investing in our airport infrastructure ensures the safe and efficient operation of our air transportation system," said FAA Administrator Michael P. Huerta. "This funding program helps us maintain, renovate, and build airport infrastructure at airports."
As part of the program, Asheville Regional Airport in Asheville, NC will receive $18.2 million for the construction of a new runway. A temporary runway will be built while Runway 17/35 is rebuilt and relocated 75 feet to the west to meet FAA design standards. The lighting and navigational aids will also be relocated. The entire project will take 13 months to complete.
Airports are entitled to a certain amount of AIP funding each year, based on passenger volume. If their capital project needs exceed their available entitlement funds, then the FAA can supplement their entitlements with discretionary funding.
At this time, the FAA is providing discretionary funding to 38 airports based on their high-priority project needs.