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The Iowa Commercial Aviation Infrastructure Fund (ICAIF) being administered by the Iowa DOT is made possible with allocations through Federal American Rescue Plan State Fiscal Recovery Funds. A total of $100M is being offered through reimbursable grants to the eight public-owned commercial service airports in Iowa as identified in the 2020 Iowa Aviation System Plan. This programming provides vital funding for vertical infrastructure projects necessary to support and grow Iowa’s economy.
Commercial airports may apply for funding based on formula, with 10% split evenly between the eight commercial service airports in Iowa, and the additional amount allocated based on 2019 passenger enplanements. There is no local match requirement, but local funds are encouraged to leverage projects. If any airports choose not to apply, its allocated total will be redistributed to the other airports using the same program allocation formula.
Application period: March 16 - May 25, 2022 Informational webinar: March 29, 2022 Reallocation of unused funds (if any- see notes below): May 31, 2022 Funds awarded: June 1, 2022 Funds obligated: No later than December 15, 2023 Reimbursement claims submitted: No later than June 30, 2026
Commercial airports are critical to the movement of people and goods and support major employers, economic development and quality of life for Iowa citizens. For more information on aviation in Iowa, visit www.iowadot.gov/aviation.
Contact: Tim McClung 515-239-1689 Email: tim.mcclung@iowadot.us
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