HOUSTON MEMORIAL AIRPORT 

The Houston Memorial Airport will receive $30,000 has part of a Federal Aviation Administration award to 75 airports in the state, the U.S. Department of Transportation said.

This grant funding is part of the newly created Coronavirus Aid, Relief and Economic Security (CARES) Act Airport Grant Program, an effort to provide relief to American families, workers and businesses. 

“This $10 billion in emergency resources will help fund the continued operations of our nation’s airports during this crisis and save workers’ jobs,” said U.S. Transportation Secretary Elaine L. Chao.

This funding will support continuing operations and replace lost revenue resulting from the sharp decline in passenger traffic and other airport business due to the COVID-19 public health emergency. The funds are available for airport capital expenditures, airport operating expenses including payroll and utilities, and airport debt payments.

The CARES Act provides new funds distributed by various formulas for all airports that are part of the national airport system. This includes all commercial service airports, all reliever airports and some public-owned general aviation airports, like Houston.

 

Leave a comment

Leave a Reply Cancel reply