Construct/expand hangar

Active Project Grant Awarded

Award ID
30500340222024
Recipient
Awarding agency
Obligated
$567,460

Award facts

Completion date 55% complete
Funding
  • $510,714.00 Federal
  • $56,746.00 Non-federal
Place of performance
Lake Village, AR 71653, USA

Award details come from USAspending.gov.

About this award

This $567,460 federal Project Grant awarded by the U.S. Department of Transportation's Federal Aviation Administration (FAA) under the Airport Improvement Program (CFDA 20.106) on August 29, 2024 will fund the construction of two new 2,500 square-foot sponsor-owned aircraft hangars for the City of Lake Village, Arkansas. The grant aims to help the Lake Village airport become more self-sustaining by generating revenue through the additional hangar space. The project supports the FAA's strategic goals of safety, operational excellence, and infrastructure development across the national airport system.

Description

Activities and expected outcomes
This project constructs two new 2,500 square-foot sponsor-owned hangars 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. Intended beneficiary: this grant will provide federal funding for airports associated with lake village, arkansas.

Quick answers

Who received award 30500340222024?

30500340222024 was awarded to City Of Lake Village by Southwestern Region (Federal Aviation Administration) on August 29, 2024.

How much is award 30500340222024 worth?

$567,460 has been obligated on 30500340222024: $510,714 in federal funding and $56,746 in non-federal funding.

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