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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: Finance, Insurance and Real Estate
Year: 2021
Major Industry of Parent: real estate
Specific Industry of Parent: real estate
Subsidy Value: $5,086,100
Program Name: Industrial Development Agencies
Awarding Agency: New Rochelle Industrial Development Agency
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 14
Wage Data: $55,000
Wage Data Type: Average annual salary
Capital Investment: $87,352,342
Source of Data: (click here)
Notes: Year is fiscal year. Subsidy value is property tax abatements and sales tax exemptions less net of payments in lieu of taxes for the fiscal year. Jobs data is total current FTE. Wage data is estimated annual salary of jobs created. See original source for further details on jobs and wage information. Investment is total project cost.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.