Construct/expand hangar

The Department of Transportation Federal Aviation Administration Central Region awarded the City of Atlantic, Iowa $551,848.42 on June 23, 2026, under the Airport Improvement Program (CFDA 20.116) to fund construction of a new 14,500 square foot sponsor-owned hangar for aircraft storage at Atlantic Municipal Airport. This grant funds a portion of the final construction phase, with a complementary Infrastructure Investment and Jobs Act grant funding the remaining eligible project costs. The award obligates $551,848.42 and carries an ultimate completion date of June 22, 2030. Place of performance is Atlantic, Iowa. The hangar project supports airport revenue generation and self-sufficiency by enabling aircraft storage services.

Activities and expected outcomes

This project constructs a new 14,500 square foot sponsor-owned hangar 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. This grant funds a portion of the final phase, which consists of construction. This grant is associated with infrastructure investment and jobs act grant that funds the remaining eligible portion of this project. Intended beneficiary: this grant will provide federal funding for airports associated with atlantic, iowa.