Subsidy Tracker Individual Entry

Company: 
Covanta Hempstead Company
Parent Company: 
Covanta
Subsidy Source: 
local
Location: 
New York
City: 
Westbury
Address: 
600 Merchants Concourse
Zip: 
11590
Project Description: 

Resource Recovery facility. This is the same project as American Reffuel with the same employee and tax data and project has a new agreement with IDA effective at the expiration of previous project.

Year: 
2009
Major Industry of Parent: 
utilities and power generation
Specific Industry of Parent: 
utilities
Subsidy Value: 
$1,873,129
Program Name: 
Industrial Development Agencies
Awarding Agency: 
Hempstead Industrial Development Agency
Type of Subsidy: 
tax credit/rebate; property tax abatement
Capital Investment: 
$296,000,000
Notes: 

Subsidy value is total for the year of property tax abatements and sales tax exemptions net of payments in lieu of taxes.

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