Construct/expand hangar

The City of Paragould received a $615,000 Project Grant award dated July 29, 2025, from the Federal Aviation Administration (FAA) under the Airport Improvement Program (CFDA 20.106), which encompasses traditional Airport Improvement Program funding, Infrastructure Investment and Jobs Act (IIJA) appropriations, and COVID-19 relief programs. The grant funds Phase 1 of a hangar construction project at Paragould Regional Airport, comprising 6,500 square feet of overall hangar construction designed to create two new 4,800 square-foot sponsor-owned aircraft storage hangars.

This infrastructure project supports airport revenue generation and operational sustainability by enabling additional aircraft storage capacity. The award is structured under the IIJA's expanded eligibility provisions, which prioritize modernization and long-term economic benefits through transportation infrastructure investment. The project has an anticipated completion date of July 28, 2029, providing a four-year implementation timeline typical of FAA airport development grants. Upon completion, the facility will enhance the airport's capacity to serve civil aviation needs while generating revenue to support ongoing airport operations in the Paragould, Arkansas region.

Activities and expected outcomes

This project constructs two new 4,800 square foot sponsor-owned hangars 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 phase 1, which consists of 6,500 square feet of overall hangar construction. Intended beneficiary: this grant will provide federal funding for airports associated with paragould, arkansas.