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:
If an online information source is not working, check the Tracker inventory page for an updated link.
