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

The Department of Transportation Federal Aviation Administration Great Lakes Region awarded the City of Chicago Department of Aviation $8,637,020 under the Airport Improvement Program, COVID-19 Airports Programs, and Infrastructure Investment and Jobs Act Programs (CFDA 20.106) Project Grant. This funding will provide economic relief from rent and minimum annual guarantees to small and large airport concessions located at primary airports associated with Chicago, Illinois from January 2022 through January 2026. The Airport Improvement Program grant aims to deliver strategic goals related to safety, workforce, leadership, and operations excellence within the aviation sector.

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 chicago, illinois.