Subsidy Tracker Individual Entry
Company:
Facebook
Parent Company:
Meta Platforms Inc.
Subsidy Source:
local
Location:
Texas
City:
Fort Worth
County:
Tarrant
Project Description:
data center
Year:
2015
Major Industry of Parent:
information technology
Specific Industry of Parent:
internet services
Subsidy Value:
$146,700,000
Program Name:
property tax abatement
Awarding Agency:
multiple
Type of Subsidy:
MEGADEAL 
Number of Jobs or Training Slots:
100
Capital Investment:
$1 billion
Source of Data:
The subsidy amount and the projected investment and employment figures came from: Sandra Baker, "Facebook data center could have far-reaching impact on Fort Worth," Fort Worth Star-Telegram, July 7, 2015.
Notes:
The subsidy consisted of a 20-year abatement on real and personal property taxes. Overlap with main Subsidy Tracker data: none.
Source Notes:
If an online information source is not working, check the Tracker inventory page for an updated link.
