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 Southwestern Region awarded a $281,090 Project Grant to the City of Corpus Christi under the Airport Improvement Program, COVID-19 Airports Programs, and Infrastructure Investment and Jobs Act Programs (CFDA 20.106). The grant provides economic relief to eligible airport concessions at Corpus Christi International Airport in the form of rent and minimum annual guarantee relief through Jan 2026. Specifically, the funding will support small airport concessions located at primary airports as well as large airport concessions, as the Airport works to prevent, prepare for, and respond to the COVID-19 pandemic's economic impacts.

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 corpus christi, texas.