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BAF Infrastructure Week Event Highlights Need for Airport Investments

During the sixth annual infrastructure week Infrastructure Week, Building America’s Future co-hosted an event with Tampa International Airport and Airports Council International-North America to highlight the need for airport investments. Kerry O’Hare, BAF Vice President and Director of Policy, spoke to attendees about the importance of investing in infrastructure in order to keep America economically competitive.

 

Infrastructure That Needs Investment

Infrastructure projects at U.S. airports are funded primarily with federal grants through the Federal Aviation Administration's Airport Improvement Program, a local user fee called the Passenger Facility Charge (PFC), and airport-generated revenue from tenant rents and fees.  Airports often turn to capital markets to debt-finance projects, using both PFC revenue and airport-generated revenue to repay the bonds.

Meet the Co-Chairs

Ray LaHood
Former US Secretary of Transportation
Edward G. Rendell
Former Governor

Member Spotlight

Kate Gallego
Mayor of Phoenix