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Subsidy Tracker Individual Entry

Company: Avalon on the Sound (Phase I)
Parent Company: AvalonBay Communities
Subsidy Source: local
Location: New York
City: New Rochelle
Address: 255 Huguenot Street
Zip: 10801
Project Description: Acquisition, construction, and equipping of a commercial forprofit rental housing facility, including related parking facilities.
Year: 2009
Major Industry of Parent: real estate
Specific Industry of Parent: real estate
Subsidy Value: $3,668,621
Program Name: Industrial Development Agencies
Awarding Agency: New Rochelle Industrial Development Agency
Type of Subsidy: tax credit/rebate; property tax abatement
Number of Jobs or Training Slots: 18
Capital Investment: $87,352,342
Source of Data: (click here)
Notes: Subsidy value is total for the year of property tax abatements and sales tax exemptions net of payments in lieu of taxes. Jobs number is total of estimated created and estimated retained (including construction jobs).
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.