COVID Stimulus Watch Individual Entry
Recipient Company:
Mid-America Apartments LP
Loan or Loan Guarantee Amount:
$1,099,968
Recipient Details
Ownership Structure: publicly traded (ticker symbol MAA)
Award Details
Award Date: Sep 8, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Mid-American Apartment Communities
Headquartered in: Tennessee
Parent Sector: real estate
Parent Industry: real estate
Employees (prior to pandemic): 2,476
Accountability Issues Since 2010
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Consumer Protection / Financial / Competition-related Penalties: $11,300,000
Ratio of CEO Pay to that of Median Worker: 124 to 1
CEO Compensation: $5,735,898
Worker Median Pay: $46,088
Total Federal, State, and Local Subsidies: $739,356
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