Town of Islip Agenda Packet 2026-05-19
Hummus Fit Wins IDA Incentives for Islandia Facility
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Description
Islip’s IDA approved an authorizing resolution making Hummus Fit Corporation an agent for a new prepared meals facility in Islandia. The deal provides sales and mortgage tax relief plus a 12-year PILOT to support expansion and roughly 140 jobs.
Contract Details
Contract Amount
Exemptions from sales and use taxes not to exceed $39,375; mortgage recording tax exemptions on up to $15,000,000 in mortgages (estimated $109,800–$110,000); real property tax abatement per 12-year PILOT schedule
Vendor
HUMMUS FIT CORPORATION
Agency
Town of Islip, NY
Contract Type
FOOD_SERVICES
Document Date
May 19, 2026
Contract Term
PILOT: 12-year abatement schedule; sales tax appointment expires upon completion of project or use of $39,375 in exemptions
Renewal Info
PILOT benefits fixed for 12 years; appointment as agent and associated tax exemptions subject to termination or extension by the Agency.
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