The City of Florence, along with the FDDC , was awarded $571,452 to combat blighted properties. An agreement was signed between the City and the FDDC, May 19, 2015. Funding must be expended by November 30, 2016.
Targeted properties will be purchased by the FDDC, and existing structures will be removed. Afterward, the property will be maintained for a period of at least three years unless redevelopment opportunities arise. Each property may only receive $35,000 of NIP funding through all phases of the process, and properties must be located within the approved NIP Target Area.