Want $15,000? This Midwest city will pay you to relocate
What contributed to the strong jobs report under Trump?
Acting Chairman and Vice-Chair of the White House Council of Economic Advisers Tomas Philipson discusses how the strong economy has resulted from government deregulation, tax cuts and increased labor demand.
The city of Topeka, Kansas, is offering prospective residents as much as $15,000 to move to the city.
Continue Reading Below
The new program called "Choose Topeka" will match employer funds to provide performance-based incentives to those willing to relocate to the state capitol and work for a year, development agency GO Topeka announced Wednesday.
CLICK HERE TO READ MORE ON FOX BUSINESS
"Choose Topeka was created with the intention of investing in employees to live and work in Topeka and Shawnee County, so that we may foster an 'intentional community,' one of community support builders," GO Topeka Vice President of Business Retention and Talent Initiatives Barbara Stapleton said in a statement.
Topeka will pay $15,000 to those looking to buy a home in the city and $10,000 to those looking to rent.
GENDER PAY GAP FUELED BY 'OLD BOYS' CLUB,' STUDY FINDS
GO Topeka is partnering with the county's Joint Economic Development Organization (JEDO) to fund the program. The two organizations have secured $300,000 for the incentives for 2021. The city also approved a launch and promotion of the program starting in 2020, according to GO Topeka.
"The Momentum 2022 strategic plan indicated that of those workers in the county that made over $40,000, 40 percent resided outside the county,” Stapleton said, referring to another initiative called "Momentum 2020, which was designed to create positive change and development in the county.
"This initiative is leading-edge and not bleeding edge to shift that migration and not only grow population but attract and retain future growth. As we worked to create it, we received input from community and board members and looked at key programs we’ve followed as we align our efforts," she continued.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
Stapleton said the Choose Topeka initiative hopes to bring new life to the city by supporting local talent and talent recruiters.
Source: Read Full Article