News Detail

FAA Announces FY2024 Funding Opportunity for the Airport Terminal Program

In tomorrow’s Federal Register, the Federal Aviation Administration (FAA) will announce an opportunity to apply for approximately $1 billion in fiscal year 2024 discretionary funds for the Airport Terminal Program (ATP), made available under the Bipartisan Infrastructure Law. These funds are part of the $15 billion in total funding SWACCA helped to secure for airport infrastructure improvement projects through the Bipartisan Infrastructure Law in 2021.

The purpose of the ATP is to make annual grants over five years (fiscal years 2022 through 2026) available to eligible airports for terminal development projects that address the aging infrastructure of the nation’s airports. This includes: (1) bringing airport facilities into conformity with current standards; (2) constructing, modifying, or expanding facilities as necessary to meet demonstrated aeronautical demand; and (3) enhancing environmental sustainability. Eligible projects are those defined as “airport terminal development,” which includes terminal gates.

Airport sponsors that wish to be considered for fiscal year 2024 funding under the ATP must submit applications here by 5pm ET on October 16, 2023.  

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