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Maryland Town Offers Relocation Incentives of Up to $20,000
Repopulation Program Aims to Attract New Residents
Pocomoke City, Maryland Seeks to Boost Population
Pocomoke City, a small town on Maryland's Eastern Shore, has launched a relocation incentive program offering up to $20,000 to attract new residents.
The program is part of a broader effort to revitalize the town and increase its population. Pocomoke City has seen a decline in population in recent years, dropping from 4,215 in 2000 to 3,622 in 2020.
The relocation incentive program is open to individuals, families, and businesses who are willing to relocate to Pocomoke City. To qualify, applicants must purchase a home in the city and live there for at least one year.
Program Details
- Individuals can receive up to $10,000 to relocate.
- Families can receive up to $15,000 to relocate.
- Businesses can receive up to $20,000 to relocate.
The relocation incentive is paid out over a three-year period. Recipients will receive $5,000 in the first year, $5,000 in the second year, and $2,500 in the third year.
Eligibility Requirements
- Applicants must be at least 18 years old.
- Applicants must purchase a home in Pocomoke City for at least $75,000.
- Applicants must live in the home for at least one year.
- Applicants must not have received any other relocation incentives from Pocomoke City within the past five years.
To apply for the relocation incentive program, please visit the Pocomoke City website.
The relocation incentive program is a great opportunity for individuals, families, and businesses to get paid to relocate to a charming and historic town.
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