Subsidy Tracker Individual Entry

Company: 
Facebook
Parent Company: 
Facebook
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.