Salisbury Airport receives $18.1 million CARES Act Grant
SALISBURY, Md. – Executive Bob Culver announced on Tuesday that the U.S. Department of Transportation’s Federal Aviation Administration (FAA) has extended a $18.1 million Coronavirus Aid, Relief, and Economic Security Act (CARES Act) grant to the Salisbury-Ocean City Wicomico Regional Airport.
We’re told the grant funds are available for a period of four years and can be used to help offset a severe decline in revenues that have occurred as a result of reduced operations and activities at the airport due to the pandemic.
The airport plans to use the funding for allowable operation and maintenance expenses, as well as infrastructure repairs, improvements, and development projects that the FAA determines eligible under the grant.