The historic Italian city of Mantua, faced with an aging population and dropping birth rate, is offering 150 Euros a month towards rent to attract new residents. The council has set aside some 400,000 euros to hand out in grants to 100 new residents who are willing to sign a rental contract for at least a year. In the Renaissance era, Mantua was the thriving capital of a duchy distinguished for its artistic and cultural milieu, and its historic town has been a UNESCO World Heritage Site since 2008. “We need to increase the resident population for the next few years, increasing the number of people who work and produce income to allow the municipality to handle public welfare spending,” says mayor Mattia Palazzi. Mantua has some 50,000 residents and the mayor says there will be new jobs as logistics companies are looking to set up shop.