Acquire land for development

The Board of Commissioners of Henry County received a $295,789.47 Project Grant 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. Awarded on September 4, 2025, with a completion date of September 3, 2029, this grant funds the final phase of land acquisition for the New Castle Airport in New Castle, Indiana. The project involves the acquisition of 4 acres as the concluding component of a broader 13.5-acre land acquisition initiative intended to support future eligible airport development.

This grant directly benefits airport infrastructure development in Henry County by securing real property necessary for long-term airport modernization and expansion. The funding supports the FAA's strategic objectives of maintaining a comprehensive nationwide system of public-use airports and fostering long-term economic benefits through transportation infrastructure investment. Upon grant completion, the awardee will have assembled the necessary land holdings to enable subsequent eligible development projects at the airport facility.

Activities and expected outcomes

This grant funds the final phase, which consists of the acquisition of 4 acres. This project acquires 13.5 acres of land for future eligible development. Intended beneficiary: this grant will provide federal funding for airports associated with new castle, indiana.