The Redevelopment Grant Program consists of three application types and is a competitive grant program, meaning that applicants will be scored against a matrix established by the City of Florence to include NAICS listing priorities, potential job creation, estimated tax revenues for the City, preservation of key historical or architecturally significant building elements, and whether the proposed project meets a desired or unique niche in the marketplace that diversifies the economy of the City. Redevelopment grants are awarded based on City staff recommendation and approval by City Council.