$30.9 Million Stimulus to Reno-Tahoe Int. Airport
U.S. Secretary of Transportation Elaine L. Chao announced Tuesday the U.S. Department of Transportation's Federal Aviation Administration will award $231,488,014 in airport aid to 30 airports in Nevada to help respond to the COVID-19 public health emergency. This historic grant funding is part of the Trump Administration's newly created Coronavirus Aid, Relief, and Economic Security (Cares) Act Airport Grant Program, an effort to provide unprecedented and immediate relief to American families, workers, and businesses.
This funding will support continuing operations and replace lost revenues resulting from the sharp decline in passenger traffic and other airport business due to the COVID-19 public health emergency. The funds are available for airport capitol expenditures, airport operating expenses including payroll and utilities, and airport debt payments.