152.107—Project eligibility: Airport development.
(a)
Except in the case of approved stage development, each project for airport development must provide for—
(b)
Unless otherwise authorized by the Administrator, a project for airport development must involve more than $25,000 in United States funds.
(2)
Be identified as airport development in the mandatory standards incorporated into this part by § 152.11; and
(1)
Own, acquire, or agree to acquire control over, or a property interest in, runway clear zones that the Administrator considers adequate; and