This is pretty important. I suspect the people who are motivated by $2k a year to move there are not the people who are going to be bringing a large influx of capital to a place that very much needs it.

Although actually, it looks like there are two separate programs, which you can be eligible for both of: The relocation credit, and the restoration or down payment credit, which is more of a match, so the actual amount is more like $20k total.

That actually explains a lot. They are trying to expand their tax base. The improvements stipend will allow them to assess the property at a higher value!

But houses there cost about a nickel.

...and at the current admin's burn rate of almost 10% GDP deficit / year via printing of money, that 10K gonna be worth more like 5k at the present clip in 5 years. Honestly, reducing gov't spending by 50% to fit within the confines of the tax base simply isn't going to happen. So, with that in mind, that 5k (in future real terms) to move to a state with terrible rental laws for landlords (if that's the long term goal) just simply doesn't make any sense at all.