Q-01. How does the Infrastructure Investment and Jobs Act (IIJA) benefit airports?
Title VIII of Division J of the Infrastructure Investment and Jobs Act (Public Law 117-58) of 2021 (IIJA) provides $25 Billion for the National Aerospace System (NAS). Five billion dollars of the IIJA funds will be administered by FAA’s Air Traffic Organization (ATO) will fund much needed FAA facilities upgrades. FAA’s Office of Airports (ARP) will administer the remaining approximately $20 billion in grant funds for airport infrastructure, terminal development, including multimodal terminal development and on-airport rail access projects, and airport owned towers.