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Freeport adopts employee residency incentive: $2,500 toward home purchases, $100-a-year lease benefit
Summary
Council adopted Section 9.18 to the employee handbook offering $2,500 toward the purchase of a primary residence paid over five years and a $100/year voucher for leased units (up to five years); staff estimated an initial budget impact of about $3,800 and will return with verification procedures.
The Freeport City Council on Nov. 18 voted unanimously to add Section 9.18 to the City employee handbook to encourage full-time employees to live in the city.
Under the adopted policy staff described, employees who do not already reside in Freeport who purchase a primary residence inside city…
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