Copyright Â© 2021 Roswell Daily Record
The Roswell Air Center will receive approximately $ 1.04 million from the first round of funding made available by the federal infrastructure bill signed in November.
The Federal Aviation Administration announced Thursday that $ 2.89 billion in funding will go to 3,075 U.S. airports under the Airport Infrastructure Grant program as a result of the Infrastructure Investment and Jobs Act, what the White House calls the bipartite law on infrastructure.
The FAA said the grant program is new to the agency.
The new infrastructure law provided U.S. airports with a total of $ 25 billion over five years nationwide, as well as an additional $ 525 billion for other nationwide infrastructure projects such as the Internet development, transit projects, road and bridge works, environmental remediation and power grid upgrades. .
Of the $ 25 billion intended for US airports, $ 15 billion has been allocated to the Airport Infrastructure Grant program. Money from the AIG program can be used for taxiways, runways, safety and sustainability projects, terminals, airport transit projects or airport road projects, according to the FAA.
Support local journalism
Subscribe to the Roswell Daily Record today.
This year’s AIG program disbursement is expected to be the first of several awards for Roswell Air Center.
âRoswell will receive $ 1,036,000 in additional FAA funding each year for the next five years,â said Dennis Corsi, president of Armstrong Consultants Inc., the city of Roswell’s aviation planning and engineering consultant.
The FAA website showed this year’s Air Center price to be $ 1,039,047. The Roswell Air Center already receives approximately $ 1 million in FAA funding each year as âentitlementâ funding for airports that meet certain criteria. It has also received other funding from the FAA as a result of coronavirus relief funding and other grant programs.
Corsi said AIG projects will likely require matching funds from the Air Center, and airports will have four years after each grant award for the fiscal year to spend the funding. FAA information shows that matching fund requirements vary depending on the type of airport and project.
Roswell Air Center and city officials at the Roswell City Airport Advisory Board meeting on Thursday said they were not yet sure how the funding would be used.
They said they plan to discuss it further at the group’s next meeting, now scheduled for January 20.
According to the FAA, airports may start submitting their funding requests in the coming weeks, with Corsi stating that funding may be available during the current year if the Roswell Air Center has an eligible project.
The FAA’s announcement said it “encourages applicants to prioritize projects that increase airport safety, fairness and sustainability.”
The FAA said it also plans to educate minority-owned businesses about the potential to work on projects using the funding.
New Mexico has 46 airports that received $ 17.99 million from this round of airport infrastructure grant program funding.
Lisa Dunlap can be reached at 575-622-7710, ext. 351, or at [email protected]