Chattanooga -- also known as Gig City -- recently announced Geek Move, an incentive that doubles as an emigrant program for the technologically savvy. It is meant to help one of Tennessee's largest and most economically diverse cities flourish into even more of a tech haven.
The initiative will award technology professionals $11,250 toward buying a home in the city. To the ten most qualified developers, Geek Move will pay for a second mortgage of $10,000, to be applied to closing costs and reducing their home's principal payment, which includes partial principal forgiveness.
Upon closing, approved geeks with the right set of skills are eligible for a lump sum payment of $1,250 to help cover moving expenses.
Chattanooga is also known as the Scenic City, a nod to its strategic positioning near the Tennessee River and the surrounding plush green mountains.
However, speed is a theme in the Gig City, a trademarked alias that refers to Chattanooga's groundbreaking gigabit fiber network. It gives residents Internet connections up to 200 times faster than the average broadband speed.