California Department of Transportation

Physical Address:
Department of Transportation
Division of Aeronautics
1120 N Street, Room 3300
Sacramento, CA 95814

Mailing Address:
Department of Transportation
Division of Aeronautics,
MS 40 P. O. Box 942874
Sacramento, CA 94274-0001

Shipping Address:
1415 11th Street
Sacramento, CA 95814

General Information:
916.654.4959
Fax - 916.653.9531

 

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Grants & Loans - Local Airport Loan Program Restrictions

Uses and Restrictions
  • Loans are available for revenue generating projects such as hangers and fueling facilities. Loans can be made for airport development projects also. Finally, loans can be made to assist the sponsor with the local match for an AIP Project. “Land banking”, automobile access roads, automobile parking areas, and facilities to accommodate airlines, however, are not eligible for a State loan.
  • For a revenue-producing project, a separate account must be established to receive income from the project. Expenses for maintaining the project may be paid from this separate account, but revenues received must be held in trust in an amount equal to one year's repaying of the loan.
  • No limit on the size of a loan has been established in either law or regulation. The Department determines the amount for each individual loan in accordance with the feasibility of the project and the sponsor’s financial status. Economic feasibility is an especially strong factor in the approval of loans for revenuegenerating projects such as hangars and fueling facilities. A checklist for demonstrating economic feasibility is on the 2nd page of the Revenue Generating Loan Application form (DOA-0020).
For more information, contact:

Bambi Jake, Aviation Funding Specialist.
(916) 654-4718
bambi.jake@dot.ca.gov

Last Updated: April 7, 2014