Some U.S. cities are so eager for new residents that they’re offering $10,000–$35,000 in cash, in some cases enough for a 20% down payment. Tim Lucas and Craig Berry break down the most generous programs, why they exist, and how they’re reshaping small-town America.

In this episode, you’ll learn:

• The biggest offer: Jackson, Michigan, will give up to $35,000—nearly a 20% down payment on a brand-new $178K home.
• Other standout cities:
  • West Memphis, AR: $10,000 for remote workers earning $75K+.
  • St. Joseph, MI: $10,000 plus perks like free coworking space and airport car service.
  • Morgantown, WV: $12,000 + $2,500 in outdoor gear rentals.
  • Mattoon, IL: $5,000 with a two-year residency requirement.
  • Tulsa, OK: $10,000 to remote workers—about 4.6% down on a typical home.
• Why they’re doing it: Remote work, housing shortages, and population decline are pushing rural cities to compete creatively for new residents.
• Safeguards: Many incentives pay out monthly or require multi-year commitments to prevent short-term relocations.
• The bigger impact: These programs help buyers avoid mortgage insurance, build long-term equity, and revitalize local housing markets—sometimes by encouraging new construction.

Read the full article:
https://www.mortgageresearch.com/articles/cities-offering-incentives-down-payment/