New Jersey Administrative Code
Title 16 - TRANSPORTATION
Chapter 56 - AIRPORT GRANT AND LOAN PROGRAM
Subchapter 3 - GRANTS AND LOANS
Section 16:56-3.1 - Airport improvement grants
Universal Citation: NJ Admin Code 16:56-3.1
Current through Register Vol. 56, No. 6, March 18, 2024
(a) An airport or other entity may apply for an improvement grant for airport improvement projects, consistent with the purposes and scope of this chapter.
(b) The distribution and funding of improvement grants will be prioritized and rated according to the general project categories of this subsection, in the following order:
1. Safety improvement and State- or Federally mandated security project;
2. Rehabilitation of existing systems to allow the continuance of a state of good repair;
3. Expansion;
4. Security project not State- or Federally mandated; and
5. Other projects which, at the discretion of the Office, should be considered.
(c) Financial assistance for airport improvement grants shall not exceed 90 percent of the total project cost and the recipient's share shall not be less than 10 percent of the total project cost.
(d) State-mandated and emergent projects can be funded at up to 100 percent of the total project cost.
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