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APPENDIX II: PRELIMINARY AIRPORT ASSESSMENT <br />AIRPORT OVERVIEW <br /> <br />Airport Strategic Business Plan, 07/26/2021 20 <br />AERONAUTICAL FUNDING SOURCES FOR THE STATE OF WASHINGTON <br /> Department of Transportation Aviation <br />Division (WSDOT Aviation): The WSDOT <br />Aviation provides an additional source of <br />funding for airport projects in the form of its <br />Airport Aid Grants program. This Aviation Division has established grant criteria <br />for airport sponsors who request aid for projects related to pavement, safety, <br />maintenance, security, or planning. <br /> State Capital Improvement Program (SCIP): The FAA’s Seattle Airport District <br />Office (ADO) worked with other state aviation agencies in Washington, Oregon, <br />and Idaho to develop a coordinated “state” capital investment program (SCIP). The <br />SCIP helps to prioritize funding. Airport sponsors are asked to provide annual <br />updates for short term projects to maintain a current system of defined <br />project needs. These short-term priorities are then identified in the master <br />CIP and will then be imported into the SCIP and are subject to additional <br />prioritization for funding in competitive statewide evaluations.7 <br /> Acquisition and Development Grant: Funds for the Acquisition and Development <br />Grant program derive from State aviation funds not allocated for the Annual Credit Grant <br />or AIP Matching Grant programs. State law indicates that these funds may be used for <br />acquisition and development of airports and ALUCPs. In practice, most of the funds are <br />used for maintenance of airfield pavement or similar basic projects. Grants are limited <br />to $500,000 annually, with a 10% airport sponsor match required. For a project to be <br />eligible, it must be included in the State’s Capital Improvement Plan program. <br /> Loan Program: The Community Aviation Revitalization Board (CARB) Loan program <br />is program that utilizes fund revenue-producing capital projects that assist public-use, <br />general aviation airports to become more self-sustainable. The program provides <br />loans up to $750,000 at 2% interest to airports with less than 75,000 annual <br />commercial enplanements, as reported to the FAA. Loans can have a maximum 20- <br />year loan period and recipients can opt to have up to a three-year loan repayment <br />grace period. Loan recipients must commit to providing public access to the airport for <br />a period equivalent to one and one-half times the term of the loan. <br />