The U.S. Department of Transportation Federal Aviation Administration (FAA) awarded a $114,560 Formula Grant under the Airport Improvement Program (CFDA 20.106) to the City of Peru, Indiana on September 13, 2023. The grant will fund the design phase of a project to construct a new 10,000 square foot corporate hangar for aircraft storage, maintenance, and service at the local airport. This project aims to help the airport become more self-sustaining by generating additional revenue through hangar rental and related aviation services. The grant award supports the FAA's strategic goals of improving airport infrastructure, safety, and operational excellence across the national aviation system.
Generated 6/25/24, 10:41 AM