StacksVerified U.S. regulatory reference

14 CFR §151.37

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
To be eligible to apply for an individual or joint project for development with respect to a particular airport a sponsor must—
  1. (a)Be a public agency, which includes for the purposes of this part only, a State, the District of Columbia, Puerto Rico, the Virgin Islands, Guam or an agency of any of them; a municipality or other political subdivision; a tax-supported organization; or the United States or an agency thereof;
  2. (b)Be legally, financially, and otherwise able to—
    1. (1)Make the certifications, representations, and warranties in the application form prescribed in § 151.67(a);
    2. (2)Make, keep, and perform the assurances, agreements, and covenants in that form; and
    3. (3)Meet the other applicable requirements of the Federal Airport Act and subparts B and C;
  3. (c)Have, or be able to obtain, enough funds to meet the requirements of § 151.23; and
  4. (d)Have, or be able to obtain, property interests that meet the requirements of § 151.25(a).
    1. (1)Is located in Puerto Rico, the Virgin Islands, or Guam;
    2. (2)Is in or is in close proximity to a national park, a national recreation area, or a national monument; or
    3. (3)Is in a national forest or a special reservation for United States purposes.