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MegadealsSubsidy Tracker Individual Entry
Company: Lowe's Home Centers, Inc.
Parent Company:
Lowe's
Subsidy Source: local
Location: Louisiana
City: New Orleans
Address: 2401 Elysian Fields Avenue
Project Description: acquire site and construct a retail store with lawn and garden center, storage facility for inventory, and parking
Year: 2003
Major Industry of Parent: retailing
Specific Industry of Parent: retail-home improvement
Subsidy Value: $3,600,000
Program Name: New Orleans: Cooperative Endeavor Agreement
Awarding Agency: City of New Orleans
Type of Subsidy: tax credit/rebate
Source of Data: Direct from agency; not on web
Notes: Subsidy value is amount of sales tax rebate Lowe's received from the city. Annual payments are not to exceed 600,000 - but the total amount will be paid in full to Lowe's as a reimbursement to the project. Year is year credit approved.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.