The Redmond Municipal Airport terminal expansion isn’t just about adding gates and square footage – it’s an investment in the economic growth and long-term vitality of our region. This project supports hundreds of local jobs, drives tourism and business travel, and strengthens the infrastructure Central Oregon needs to thrive. The project is funded by the FAA, grants, airlines, and airport users — NOT local taxpayers.
The estimated project cost is $180 million, to be funding through:
- Federal Airport Improvement Program $20M
- Bipartisan Infrastructure Law $18M
- Federal Infrastructure Investment & Jobs Act: Airport Terminals Program Funding $7M
- Full Faith & Credit Bonds, Dedicated by Airport Revenues (i.e. Parking) $90M
- Available Airport Cash Funds $35M
- Connect Oregon Grant Funding $10M
Airline partners serving the Airport pay rates & charges, with specific requirements dedicated to annual debt obligations related to portions of terminal and airfield infrastructure. Nonairline revenues, such as concessions, hanger and land leases, and parking fees, will be used to pay the remaining debt obligations for the terminal, with no county or local funds will be used to fund the project.