Full FAA Chronology at this link.
19650903: After withholding Federal funds from the Port of New York Authority (PNYA) for two years, FAA announced resumption of annual grants under the Federal-aid airport program (FAAP). In August 1963, FAA had notified the PNYA of the tentative allocation of $4.3 million in FAAP matching funds for lengthening the runways at La Guardia Airport, one of New York City’s three major airports, on the condition that PNYA develop a plan for improving airport facilities for general aviation in the metropolitan New York area. PNYA did not submit such a plan acceptable to FAA. Eventually, the differences between the two agencies narrowed down to the continued operation (desired by FAA) of Teterboro, a general aviation airport in northeastern New Jersey which PYNA owned and operated at a loss.
This Day in FAA History: September 3rd
