Subsidy 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: 
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