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 $1,687,498 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 at Rhode Island's Warwick Airport from January 2022 through January 2026. Specifically, the grant relieves small and large airport concessions at the primary airport from rent and minimum annual guarantee payments to aid their recovery from the COVID-19 pandemic's economic impacts. The sole awardee is the Rhode Island Airport Corporation, which owns and operates Warwick Airport and its concessions.

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 warwick, rhode island.