Construct/expand hangar

Active Project Grant Awarded

Award ID
34001060182024
Recipient
Awarding agency
Obligated
$500,000

Award facts

Completion date 53% complete
Funding
  • $450,000.00 Federal
  • $50,000.00 Non-federal
Place of performance
Weatherford, OK 73096, USA

Award details come from USAspending.gov.

About this award

This $500,000 federal Project Grant award, provided by the U.S. Department of Transportation Federal Aviation Administration (FAA) under the Airport Improvement Program (CFDA 20.106), will fund the construction of a new 10,000 square foot hangar facility for aircraft storage and maintenance at the airport serving Weatherford, Oklahoma. The project aims to help the airport become more self-sustaining by generating revenue through the new hangar infrastructure. This grant is associated with a separate bipartisan infrastructure law airport grant that will fund the remaining eligible portion of the overall project. The City of Weatherford, the awardee, has demonstrated experience managing federal airport infrastructure grants and a strategic approach to leveraging such funding for community development and economic growth.

Description

Activities and expected outcomes
This project constructs a new 10,000 square foot sponsor-owned hangar for aircraft storage/maintenance 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 total project. This grant is associated with a bipartisan infrastructure law airport grant that funds the remaining eligible portion of the project. Intended beneficiary: this grant will provide federal funding for airports associated with weatherford, oklahoma.

Quick answers

Who received award 34001060182024?

34001060182024 was awarded to City Of Weatherford by Southwestern Region (Federal Aviation Administration) on September 18, 2024.

How much is award 34001060182024 worth?

$500,000 has been obligated on 34001060182024: $450,000 in federal funding and $50,000 in non-federal funding.

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