{"id":258432,"date":"2024-09-05T02:04:17","date_gmt":"2024-09-05T02:04:17","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/09\/05\/maryland-city-offers-20000-for-people-to-move-there\/"},"modified":"2025-06-25T17:11:33","modified_gmt":"2025-06-25T17:11:33","slug":"maryland-city-offers-20000-for-people-to-move-there","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/09\/05\/maryland-city-offers-20000-for-people-to-move-there\/","title":{"rendered":"Maryland city offers $20,000 for people to move there"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2024\/08\/GettyImages-668713974-e1725027685162.jpg?w=2048\" \/><\/p>\n<div data-cy=\"article-content\">\n<p>Cumberland, Md., isn\u2019t a town that might normally ping people\u2019s radars. It sits just south of the Maryland-Pennsylvania border and is roughly two and a half hours away from Washington, D.C., and Baltimore. But city officials are looking to change that, by offering prospective residents <a href=\"https:\/\/www.ci.cumberland.md.us\/1787\/Choose-Cumberland-Relocation-Program\" target=\"_blank\" aria-label=\"Go to https:\/\/www.ci.cumberland.md.us\/1787\/Choose-Cumberland-Relocation-Program\" rel=\"noopener\" class=\"sc-93594058-0 fowfrQ\">an incentive of up to $20,000<\/a>.<\/p>\n<div class=\"paywall\">\n<p>The limited-time pilot program is designed to attract more families to live within Cumberland\u2019s city limits. The city did not say how long it plans to offer the relocation bonus.<\/p>\n<p>Here\u2019s how it breaks down. Moving to Cumberland will earn you $10,000 in relocation cash, and the city is also offering up to $10,000 in dollar-for-dollar matching for either approved renovations on an existing home or for a down payment on a newly constructed home within the city\u2019s limits.<\/p>\n<p>You\u2019ll have to live outside of Allegany County, which includes Cumberland (the county seat)\u2014and you\u2019ll either need to work remotely full-time, be able to prove you\u2019re self-employed, or have either an existing or new job in the area.<\/p>\n<p>Once you\u2019re accepted into the program you\u2019ll have six months to finalize your move\u2014and you\u2019re out of luck if you already have a house under contract with a realtor there.<\/p>\n<p>Be prepared to stay a while, too. Residents who take advantage of the incentive will need to purchase a home (for at least $150,000) and make it their primary residence for five years. If something takes you away before that, you\u2019ll be responsible for paying the money back to the city.<\/p>\n<p>Cumberland is one of the poorest metropolitan areas in the country, but it does have a rich history, serving as an outpost for George Washington in the French and Indian War and was, during the 19th century, a terminus for railroads in the state. It\u2019s also the home of Lover\u2019s Leap, where you can see both Pennsylvania and West Virginia on a clear day.<\/p>\n<\/div>\n<div class=\"sc-1de0461b-0 yuNst article\" data-cy=\"subscriptionPlea\"><strong>Explore our new special issue.\u00a0<\/strong>A Wall Street legend gets a radical makeover, crypto iniquity, misbehaving poultry royalty, and more.\u00a0<a href=\"https:\/\/fortune.com\/packages\/digital-issue-kkr\/?&amp;itm_source=fortune&amp;itm_medium=article_tout&amp;itm_campaign=kkr_issue\" target=\"_self\" aria-label=\"Go to https:\/\/fortune.com\/packages\/digital-issue-kkr\/?&amp;itm_source=fortune&amp;itm_medium=article_tout&amp;itm_campaign=kkr_issue\" class=\"sc-93594058-0 fowfrQ\" rel=\"noopener\">Read the stories.<\/a><\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/fortune.com\/2024\/08\/30\/cumberland-maryland-20000-move-incentive\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Cumberland, Md., isn\u2019t a town that might normally ping people\u2019s radars. It sits just south of the Maryland-Pennsylvania border and is roughly two and<\/p>\n","protected":false},"author":1,"featured_media":258433,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[149],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/258432"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=258432"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/258432\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/258433"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=258432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=258432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=258432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}