More than $7 million in state and federal funding will go toward a planned aviation training facility and renovation of a hangar at Danville Regional Airport.
The $7.6 million includes about $4.07 million from the U.S. Economic Development Administration to pay for 60% of construction of the 12,532-square-foot training facility and to renovate an existing hangar, while $2.5 million in state funding will help cover the cost of building the training facility.
Also included is $821,331 in federal funding to construct a new hangar at the airport and $213,020 in local funding for the training center project, bringing the total to about $7.6 million.
“Due to available state and federal funding, it is anticipated that funding will cover approximately 95% of the total project cost,” said Marc A