I seem to recall Detroit offering free homes to writers, with fix-up money, for the promise of staying one year. I don't know how that project went, but it's not unusual for cities (in similar situations) to do this for artists, and other creatives. Get a few then, suddenly, there's a coffee shop... a gallery... used furniture stores... For the artists, it's practically free living/working space.
I know Johnstown, PA did (maybe still does) this to create an arts district. I was approached with an offer, a few years ago. It was tempting. Low cost, low interest, grants, etc. Once beautiful homes, now dilapidated, but with huge potential.