Congresswoman Doris Matsui (CA-05) today announced that the Sacramento International Airport (SMF) has received an $8 million grant from the Federal Aviation Administration's (FAA) Airport Improvement Program (AIP). This funding, which includes $6 million in discretionary funds, is the fourth payment of the seven year FAA Letter of Intent which was issued in 2008 for SMF's Terminal Modernization Program.
"The Sacramento International Airport is vital to our region's economic vitality, and these funds are part of a larger partnership with the Federal Aviation Administration to ensure SMF can meet current and future air travel demands," said Congresswoman Doris Matsui. "The new Terminal B is a premier gateway to Sacramento and this funding will help ensure that passengers have a positive, seamless travel experience and that the airport continues to operate as efficiently as possible."
In 2008, the Sacramento County Airport System undertook the SMF Terminal Modernization Program (TMP) to meet current and future air travel demands for the Sacramento region by replacing the outdated, undersized Terminal B with a new 669,000 square foot multi-story terminal with 19 aircraft gates. At $1.03 billion, the TMP was the largest capital improvement project in the history of Sacramento County. Despite the downturn in the economy, the terminal opened in October 2011 -- on time and on budget.
To help fund the TMP, the FAA issued a Letter of Intent (LOI) for $59.9 million in AIP funds, including $44.5 million in discretionary funds. The LOI program is designed to provide annual grants over a seven-year period concluding in fiscal year 2015, and the funds support construction of terminal aprons, taxiways and overnight aircraft parking for SMF's modernized TMP.
"The FAA continues to support this vital project through multiple grant awards," FAA Acting Administrator Michael Huerta said. "The TMP project will allow the airport to achieve greater operational efficiency and the ability to accommodate more passengers."
The Sacramento International Airport primarily serves the seven-county region. According to Airport data, every year the airport creates 11,000 jobs with a payroll of $442.5 million and contributes approximately $4 billion to the local economy. During the design and construction of the new Terminal B, an estimated 2,400 jobs were created and the estimated economic impact was $2.1 billion throughout the region.