City Incentive Programs For Movers
Nearly 16 million people moved because of the coronavirus. A definite part of this trend is city-dwellers that are beginning to flee their metropolises in search of a quieter – and more affordable – life.
More people moved from busy metropolitan areas, such as New York City, Los Angeles, and Washington, D.C., while areas like Katy, Texas, East Hampton, New York, Cumming, Georgia, and Riverview, Florida all welcomed the most movers.
Part of what is keeping America on the move is the impressive new incentives cities are offering when you move to town.
The best city incentive programs for movers
It’s no secret that times are tough in the aftermath of a brutal 2020. That’s why some of America’s smaller communities are working to open the gates and corral the welcome wagons for newcomers in search of a fresh start. It’s something Rostislav Shetman has witnessed frequently as Founder of 9Kilo Moving. “The pandemic changed many things, and one thing it definitely probably altered for good is the need to work out of an office,” he says. “An increasing number of people are moving away from urban cities in pursuit of space, stability, and affordability. A city relocation program acts as an added financial incentive.” It sounds too good to be true, but city initiatives assure us that it’s very real – certain cities will pay you to move there, offering a monetary stipend as a friendly welcome to bolster the local economy and help give families a much-deserved break. “The reimbursements towards relocations, tax credits, and housing stipends all play a part in alleviating the financial burden of relocation,” Shetman explains. That alleviation can run up to $15,000, depending on where you move this year. Here are a few of that the places that will pay you to live there.Newton, Iowa
Initiative: Get to Know Newton Stipend dollar amount: up to $10,000, plus extras Get to Know Newton is a new initiative in Iowa that is financed by the Newton Housing Initiative. It offers a three-pronged approach to housing incentives for new homebuyers moving to town. Get to Know Newton’s incentives are based on property value. | Property Value | Incentives | | ------------------------------- | ------------------------------------------------------------------------------- | | Between $100,000 - $179,999.999 | - $5,000 cash incentive - Get to Know Newton Welcome Package, valued at $2,500 | | $180,000 or more | - $10,000 cash incentive - Get to Know Newton Welcome Package, valued at $2,500 | Stipends are distributed at closing, and additional bonuses may be available for new construction completed between 2020-2021. When compared to nearby Iowa City, you could enjoy a cost of living that’s almost half that of Los Angeles.The Shoals, Alabama
Initiative: Remote Shoals Stipend dollar amount: $10,000 In Northwest Alabama lies The Shoals, a collective grouping of local cities that includes Florence, Muscle Shoals, Sheffield and Tuscumbia. Florence is an excellent option when compared financially to San Diego, California, which has a cost of living that is almost 40% more than Florence, Alabama. There are specific requirements that applicants need to meet.- Adults 18 or older who are eligible to work in the U.S.
- Minimum income of $52,000 per year
- Must relocate to the Shoals area within 6 months of approval
- Full-time remote employment or self-employment as an independent contractor beyond Colbert and Lauderdale counties
Topeka, Kansas
Initiative: Choose Topeka Initiative Stipend dollar amount: $15,000 Topeka offers a stunning $15,000 incentive for eligible new transplants, a sum that is far more than many other similar programs. To offer the relocation bonus, the city has partnered with many of Shawnee County’s largest employers, conveniently listed on the site. Topeka is made all the more attractive by its affordability. It boasts a home value of $150,000 for the average single-family home, and there’s no denying the savings in cost of living when compared to many larger metropolises. The difference is almost half, with the cost of living in Topeka about 45% less than that of Washington, D.C. “Currently, 40% of people who work in Topeka do not live in Shawnee County,” the program writes. “We need to compete to get those employees back inside our community to support our tax base, our schools, and to allow the city to have more resources to improve quality of life for our citizens.”Tulsa, Oklahoma
Initiative: Tulsa Remote Stipend dollar amount: $10,000 Tulsa Remote is a program that is funded by the George Kaiser Family Foundation that offers $10,000 to eligible applicants who relocate to Tulsa. To qualify for Tulsa Remote, you need to meet a few requirements.- Adults 18 or older who are eligible to work in the U.S.
- Move to Tulsa within 2021
- Full-time remote employment or self-employment outside of Oklahoma