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MegadealsSubsidy Tracker Individual Entry
Company: Riverview II Preservation, L.P.
Parent Company:
Subsidy Source: local
Location: New York
City: YONKERS
Address: 47 Riverdale Avenue
Zip: 10701
Project Description: Finance, Insurance and Real Estate; Federal Tax Status of Bonds: Tax Exempt. (Field is locked, can not modify). Property tax calculated based on assessed value which have not been grieved for decades. Improve stock of affordable housing; quality of life for residents. Previously a HUD project. Bonds redeemed in 2010, refunded through YEDC (YIDA's subsidiary-info listed below).
Year: 2019
Subsidy Value: $3,722,970
Program Name: Industrial Development Agencies
Awarding Agency: Yonkers Industrial Development Agency
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 8
Wage Data: $35,000
Wage Data Type: yearly salary
Capital Investment: $51,000,000
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.