Northwest Indiana Business Magazine

Northwest Indiana’s Leading Regional Business Magazine Since 1991

  • Home
  • Industries
    • Banking
    • Education
    • Health & Wellness
    • Manufacturing & Technology
    • Professional Services
    • Real Estate & Building
    • Small Business & Entrepreneurship
    • Tourism & Recreation
    • Transportation & Logistics
  • Community
    • Around the Region
    • Business News Bits
    • Economic Development
    • Events
    • Leadership
    • Making a Difference
  • Lifestyle
    • Arts & Entertainment
    • Sports
  • Opinion
    • Viewpoint
    • Publisher’s Note
  • Jobs
  • Webinars
  • Magazine
    • Current Issue
    • Past Issues Archive
    • Advertise With Us
    • Business News eNewsletter
    • Subscriptions and Renewals
    • Contributing Writers
    • Editorial and Business Advisory Board
    • Magazine Team
  • About
    • Contact
    • Advertise With Us
    • Subscriptions and Renewals
    • Our History
    • Privacy
    • Terms
  • Log In
You are here: Home / Community / Business News Bits / Indiana lands share of $10 billion in federal relief dollars to aid airports

Indiana lands share of $10 billion in federal relief dollars to aid airports

April 17, 2020 – By Larry Avila

South Bend International Airport

South Bend International Airport.

Indiana is receiving a share of $10 billion in federal assistance through the Coronavirus Aid, Relief, and Economic Security Act Airport Grant Program.

“This $10 billion in emergency resources will help fund the continued operations of our nation’s airports during this crisis and save workers’ jobs,” said U.S. Transportation Secretary Elaine L. Chao.

Indiana airports receiving funds include:

  • Elkhart, Elkhart Municipal, $69,000
  • Gary, Gary/Chicago International, $157,000
  • Goshen, Goshen Municipal, $69,000
  • Griffith, Griffith-Merrillville, $1,000
  • Kentland, Kentland Municipal, $20,000
  • La Porte, La Porte Municipal, $30,000
  • Michigan City, Michigan City Municipal-Phillips Field, $30,000
  • Rensselaer, Jasper County, $30,000
  • South Bend, South Bend International, $7,284,942
  • Valparaiso, Porter County Regional, $69,000

The dollars will support airport operations and replace lost revenue due to declines in passenger traffic and other airport business because of the COVID-19 crisis. The funds are available for airport capital expenditures, airport operating expenses including payroll and utilities, and airport debt payments.

The CARES Act also provides funds to increase the Federal share to 100 percent for grants awarded under the fiscal year 2020 appropriations for Airport Improvement Program and Supplemental Discretionary grants. AIP grant recipients typically contribute a matching percentage of the project cost but the CARES Act funds eliminates the requirement for the local share.

The FAA streamlined the application and grant-agreement process to make this funding immediately available for critical airport needs.

  • Author
  • Recent Posts
Larry Avila
Follow me
Larry Avila
Larry is an award-winning journalist with more than 25 years of experience working with daily newspapers and business-to-business publications around the Midwest. Avila is a Michigan native and a graduate of Central Michigan University.
Larry Avila
Follow me
Latest posts by Larry Avila (see all)
  • Survey finds pandemic taking toll on small businesses - January 15, 2021
  • Indiana Manufacturers Association elects 2021 chair, officers - January 15, 2021
  • RDA taps internal executive for interim CEO role - January 14, 2021

Filed Under: Business News Bits, Government, Transportation & Logistics Tagged With: airport aid, Around the Region, coronavirus, Coronavirus Aid Relief and Economic Security Act Airport Grant Program, COVID-19, federal grants

Print Issue

December-January 2020

December-January 2020 issue

Magazine Articles

In this issue

Around the Region

People first attitude

A fresh look at numbers

Sound mind and body

Leadership potential

Guidance for entrepreneurs

Advocate for children

Legacy of environmental trust

Outdoor adventure awaits

Viewpoint: Better workforce essential

Categories

Archives

  • Home
  • Current Issue
  • Business News Bits
  • Archive
  • Advertise With Us
  • Subscriptions and Renewals
  • Privacy
  • Terms
  • Contact

© Copyright 1991-2021 Linker Media Group, Inc · All Rights Reserved