[ckcheng]

From the linked page:

> The package, offering up to $20,000 is comprised of $10,000 in relocation cash, PLUS up to $10,000, dollar for dollar match, for approved renovations on an existing home, OR for a down payment on a newly constructed home within City limits.

Not “A $10k stipend is available for anyone moving to Cumberland, MD” as the submission title says currently , which sounded like a basic income.

[ta988]

Exactly. And they are going to reassess your property because you did renovations and get more than the $20k they gave you over time. Not even talking about the local taxes if you get a job there.

[nroets]

If that's case, I'm sure proper economic modeling will show that the $20k+administrative burden is better spent on reducing taxes for everyone in Cumberland.

[Ekaros]

10k going to renovation might be reasonable economic stimulus to area.