Construct/expand hangar

The City of Monticello received a $614,141.05 formula grant award dated August 28, 2025, from the Federal Aviation Administration (FAA) Southwestern Region under the Airport Improvement Program (CFDA 20.106), which encompasses Infrastructure Investment and Jobs Act (IIJA) Programs and COVID-19 Airports Programs. This grant funds a portion of a project to construct a new 4,500 square foot sponsor-owned aircraft hangar at Monticello Regional Airport in Monticello, Arkansas. The hangar will be utilized for aircraft storage and is designed to enhance the airport's financial sustainability through revenue generation from aviation services.

The grant funding represents a partial contribution to the total project cost, with an associated Airport Infrastructure Grant funding the remaining eligible project expenses. The project is scheduled for completion by August 27, 2029, with the four-year timeline accommodating design, construction, and closeout activities consistent with FAA project delivery standards. The hangar facility will support the airport's operational objectives while leveraging the sponsor's prior investments in airside infrastructure needs.

Activities and expected outcomes

This project constructs a new 4,500 square foot sponsor-owned hangar for aircraft storage to assist the airport to be as self-sustaining as possible by generating revenue. The sponsor has adequately financed the airside needs of the airport. This grant funds a portion of the total project. This grant is associated with an airport infrastructure grant that funds the remaining eligible portion of the project. . Intended beneficiary: this grant will provide federal funding for airports associated with monticello, arkansas.