Construct/expand hangar

The Federal Aviation Administration's (FAA) Airport Improvement Program (CFDA 20.106) awarded a $335,700 Project Grant to the City of Monticello, Arkansas on August 28, 2025, with an ultimate completion date of August 27, 2029. This grant funds Phase 1 of a hangar construction project at Monticello Regional Airport, specifically the design and construction of a new 4,500 square foot clear span hangar for aircraft storage. The facility will be sponsor-owned and operated to generate revenue, supporting the airport's financial sustainability. This award represents partial funding for the eligible construction portion of the project, with a separate Airport Improvement Program grant funding the remaining eligible expenses.

The project qualifies for funding under the Infrastructure Investment and Jobs Act's expanded eligibility provisions, which prioritize modernization of airport infrastructure to support long-term economic benefits and civil aeronautics needs. As a Project Grant under the Airport Improvement Program, this award supports the FAA's strategic objectives of operational excellence and safety through targeted airport infrastructure development at a public-use facility included in the National Plan of Integrated Airports Systems.

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. This project is allowable under the infrastructure investment and jobs act's expanded eligibility. This grant funds a portion of phase 1, which consists of clear span hangar construction. This grant is associated with an airport improvement program grant that funds the remaining eligible portion of the project. Intended beneficiary: this grant will provide federal funding for airports associated with monticello, arkansas.