American rescue plan act awarded as economic assistance to eligible U.S. Airports and eligible concessions at those airports to prevent, prepare for, and respond to the covid-19 pandemic

This $23.8 million project grant from the Federal Aviation Administration (FAA) under the Airport Improvement Program, COVID-19 Airports Programs, and Infrastructure Investment and Jobs Act Programs (CFDA 20.106) provides economic relief to airport concessions located at San Francisco International Airport in California. The grant funds will be used to provide relief from rent and minimum annual guarantees to both small and large airport concessions through December 2025. The City and County of San Francisco is the awardee responsible for administering the sub-awards and delivering the economic assistance to eligible airport concessions by December 2025.

Activities and expected outcomes

This grant provides economic relief from rent and minimum annual guarantees to small airport concessions located at primary airports. This grant provides economic relief from rent and minimum annual guarantees to large airport concessions located at primary airports. Intended beneficiary: this grant will provide federal funding for airports associated with SAN francisco international airport, california.