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Subsidy Tracker Individual Entry

Company: Facebook
Parent Company: Meta Platforms Inc.
Subsidy Source: local
Location: Texas
City: Fort Worth
County: Tarrant
Project Description: data center
Year: 2015
Major Industry of Parent: information technology
Specific Industry of Parent: internet services
Subsidy Value: $146,700,000
Program Name: property tax abatement
Awarding Agency: multiple
Type of Subsidy: 
MEGADEAL

Number of Jobs or Training Slots: 100
Capital Investment: $1 billion
Source of Data: The subsidy amount and the projected investment and employment figures came from: Sandra Baker, "Facebook data center could have far-reaching impact on Fort Worth," Fort Worth Star-Telegram, July 7, 2015.
Notes: The subsidy consisted of a 20-year abatement on real and personal property taxes. Overlap with main Subsidy Tracker data: none.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.