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 $6.6 million project grant from the Department of Transportation Federal Aviation Administration's 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 primary airports associated with San Jose, California from December 2021 through December 2025. Specifically, the grant relieves small and large airport concessions in San Jose from rent and minimum annual guarantee payments to help prevent, prepare for, and respond to the COVID-19 pandemic. The sole sub-awardee is the City of San Jose Finance Division, which will administer the $6.586M in funding to directly support eligible airport concessions through rent and guarantee relief.

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 jose, california.