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 $302,520 project grant from the Department of Transportation Federal Aviation Administration Southwestern Region provides economic relief to airport concessions located at Amarillo, Texas through the Airport Improvement Program, COVID-19 Airports Programs, and Infrastructure Investment and Jobs Act Programs (CFDA 20.106). Specifically, the grant relieves small and large airport concessions of rent and minimum annual guarantee obligations from January 2022 through January 2026. The Airport Improvement Program aims to contribute to the FAA's strategic goals of safety, service, and efficiency through airport capital development and capacity projects. This award supports the program's objective of assisting airports and concessions through the ongoing COVID-19 pandemic.

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 amarillo, texas.