Frankfort is one of nine regions in Kentucky offering enticing incentive programs to attract new residents. This initiative had been envisioned even before COVID-19, but the pandemic highlighted the need for economic diversification and made this plan more urgent.
The incentive package for Frankfort includes $6,500 in cash, a meet-and-greet with the mayor, a delightful community dinner, and other welcoming gifts. Five lucky individuals will be selected for this pilot program, and one has already moved from Michigan last fall. This relocation incentive is just one piece of the city’s comprehensive strategy to rejuvenate and grow.
In addition to attracting new residents, Frankfort is also focusing on training its current residents for remote jobs, the modern employment trend. The city will select twenty-five applicants for a grant program aimed at preparing locals for remote work, boosting local employment and economic growth.
These programs are designed to increase the city’s revenue from occupational taxes and enhance its reputation, ensuring continuous growth and prosperity. The old strategy of attracting companies is evolving; now, the focus is on incentivizing both companies and individual workers.
Frankfort, known as Kentucky’s capital and famous for its bourbon, boasts a rich history that adds to its appeal. This historical charm drew newcomers like Dr. Eleanor Hasken-Wagner, who moved to Frankfort and found a wealth of cultural and historical treasures in the city. A visit to the Capital City Museum, even for a few minutes, reveals the depth of Frankfort’s fascinating past.
The mayor is optimistic that this program will pave the way for Frankfort’s bright future. He believes that the success so far is just the beginning and sees this as an opportunity to explore new initiatives, making Frankfort a beacon of innovation and community spirit.
More cities in Kentucky are joining the list of those offering similar incentives, making it an exciting time for anyone considering a move. If you know someone interested in exploring a new hometown, they can check out www.MakeMyMove.com to apply and discover the welcoming spirit of Frankfort and other Kentucky towns.
This is such an inspiring initiative! It’s amazing to see Frankfort taking proactive steps to attract new residents and support existing ones. The combination of financial incentives and community engagement really shows the city’s commitment to growth and innovation. Plus, who wouldn’t want to live in a place with such a rich history and vibrant community? Kudos to Frankfort for leading the way!