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Subsidy Tracker Individual Entry

Company: Avalon Bay ATI Sites
Parent Company: AvalonBay Communities
Subsidy Source: local
Location: New York
City: YONKERS
Address: Alexander Street
Zip: 10701
Project Description: Finance, Insurance and Real Estate; First phase of multifamily rental community, three buildings upon completion, along with parking structures and access to waterfront.
Year: 2019
Major Industry of Parent: real estate
Specific Industry of Parent: real estate
Subsidy Value: $685,007
Program Name: Industrial Development Agencies
Awarding Agency: Yonkers Industrial Development Agency
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 18
Wage Data: $0
Wage Data Type: yearly salary
Capital Investment: $67,168,793
Source of Data: (click here)
Notes: Year is fiscal year. Subsidy value is total for the year of property tax abatements and sales tax exemptions less the net of payments in lieu of taxes. Jobs data is total current FTE. Wage data is estimated yearly salary created. See original source for further details on jobs and wage information. Description merges a general industry description with a project specific description as provided in the disclosure. Investment is total project cost.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.