Local Airport Loan Program

The California Department of Transportation’s Local Airport Loan Program offers discretionary state loans to public‑use airports in California for infrastructure projects that improve general aviation services. Eligible applicants are public agencies that operate an airport open to the public, have a valid state permit, and meet local government and height‑restriction requirements. Loans can finance hangars, GA terminals, utilities, fueling facilities, Caltrans‑approved projects, or local matching shares for federal Airport Improvement Program grants. The maximum loan term is 17 years, with a simple‑interest rate tied to state bond sales, and repayment can be accelerated without penalty. Funding is limited to $300,000 total, with an unspecified number of awards and a performance period of one year from award. Applications are accepted on a continuous basis; no formal pre‑bid meeting, site visit, or submission deadline is listed. • Eligible: California public agencies that own/operate a public airport • Uses: Hangars, GA terminals, utilities, fueling facilities, local AIP match, etc. • Loan amount: Up to $300 k total across awards (per‑award amount not defined) • Term: Up to 17 years (shorter if requested) • Funding method: Advances and reimbursements, interest based on state bond rates • Application: Continuous, no formal deadline, no letter of intent required