We discuss several lines of evidence indicating that gas is flowing into the solar neighborhood and go on to offer a theoretical framework to explain this phenomenon, which is important for any model of the chemical and dynamical evolution of the Galaxy. We derive a theoretical age distribution for the G dwarf stars in the solar neighborhood that fits well the distribution observed recently in the generally increasing trend of the amplitude of oscillation with time, leading to star formation peaks at several epochs. Our model is based on the interference between two effects: the variable rate of gas inflow to the solar vicinity due to the density wave pattern in the disk, and the arrival of gas from the local intergalactic medium broken cyclically by star formation processes. The model is shown to be consistent with a scenario in which low-metallicity gas falls continually to the Galactic plane from the intergalactic medium, notably in the form of high-velocity clouds.