U.S. Sens. Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) announced Tuesday that Teterboro Airport will receive more than $6.9 million in federal funding from the Federal Aviation Administration for runway rehabilitation.
“Teterboro Airport is a valuable economic generator for our state and region,” said Lautenberg, a member of the Senate Appropriations Subcommittee on Transportation, Housing and Urban Development, in a release. “This funding is an important federal investment in our local infrastructure that will help improve safety at Teterboro and ensure that New Jersey remains a major hub for smaller planes and aircraft.”
“These resources are a major win for New Jersey,” said Menendez. “They will help create badly needed construction jobs and help grow their local community. They will also help modernize Terterboro’s Airport facilities and boost its capacity to accommodate travelers’ safely.”
The $6,928,495 in federal funding was awarded to the Port Authority of New York and New Jersey, which operates the airport and will oversee the rehabilitation work at Teterboro Airport.