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Subsidy Tracker Individual Entry

Company: Summit Tower/ Capital District Apartments
Parent Company: 
Subsidy Source: local
Location: New York
City: Schenectady
Address: 720 Albany Street
Zip: 12307
Project Description: Construction
Year: 2020
Subsidy Value: $78,477
Program Name: Industrial Development Agencies
Awarding Agency: City of Schenectady Industrial Development Agency
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 6
Wage Data: $36,500
Wage Data Type: Average annual salary
Capital Investment: $27,082,661
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.