Basic Search  |  Geographic Searches  |  Advanced Search | Megadeals

Subsidy Tracker Individual Entry

Company: Hyatt Place Hotel
Parent Company: Hyatt Hotels
Subsidy Source: local
Location: Virginia
City: Fredericksburg
Year: 2016
Major Industry of Parent: hotels
Specific Industry of Parent: hotels
Subsidy Value: $25,090
Program Name: Fredericksburg: Sales Tax Reduction
Awarding Agency: City of Fredericksburg
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 20
Capital Investment: $11,000,000
Source of Data: Direct from agency; not on web
Notes: Subsidy value is incentive value for year. Jobs is number of jobs created over subsidy period. 100% Reimbursement of 1% local sales tax and 1% state sales tax. $620,000 limit ($310,000 from city).
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.