I've been waiting to see programs like this pop up for a while. Remote workers are an economic dream for whatever region they end up in. They bring in large amounts of money from outside the area, spend it locally, pay local taxes, leave local jobs available for other residents, and generally put less strain on the local infrastructure since they're not commuting.

It's basically a win from every angle, and I'm surprised more cities and states don't already have programs like this one.