I have heard exciting news that the city of Niagara Falls is trying to revitalize the city in a way that is catching a lot of attention. The program that they are going to implement is personally appealing to me and I was interested to learn more…

In a recent article on the Buffalo Rising website, they talked about the Niagara Falls Community Development Department’s program to bring young professionals to the area. What kind of incentive will have recent graduates or graduate students from in and out of state considering a move to the city of Niagara Falls? Money!  The program involves giving 20 individuals who are in graduate school or have graduation within the last two years $7,000 over the course of two years. These individuals will have to buy a home or rent an apartment in downtown Niagara Falls.  As a recent college graduate that is starting graduate school in the fall this is a very enticing program.  This program is so enticing to the many out there with loans collected from school that it has gained national and international attention.

An applicant to this program must show proof of good standing with the loan agency and with the landloard or mortgage agency.  The City of Niagara Falls will annual reimburse the participants in the program in the condition of a two year agreement that would involve maintaining residency in the city of Niagara Falls and maintaining the requirements of good standing that I listed before.

Seth Piccirillo who is Niagara Falls’ Director of Community Development was quoted saying, “We want this approach to resonate with people, and thinking about Niagara Falls in a new light.” I know this program is not going to remediate all of the other local issues, but personally I think  this is a great start and has already brought some new light to the city of Niagara Falls.  I can’t wait to see what else is in the future for the city of Niagara Falls.  This is a unique and enticing program and is definitely something to look into.

Check out the article at: http://www.buffalorising.com/2012/08/niagara-falls-seeks-to-lure-graduates-with-student-loan-debt-relief-program.html