Current:Home > reviewsTennessee to launch $100M loan program to help with Hurricane Helene cleanup -FundGuru
Tennessee to launch $100M loan program to help with Hurricane Helene cleanup
Ethermac View
Date:2025-04-09 05:50:24
NASHVILLE, Tenn. (AP) — Tennessee Gov. Bill Lee says counties severely impacted by Hurricane Helene will soon be able to access a new $100 million loan program designed to help clear debris and repair damaged water systems.
Lee announced the program, dubbed the Helene Emergency Assistance Loan or HEAL program, on Thursday. The Republican says the no-interest loans will go toward communities while they wait for federal reimbursements.
“Federal dollars will be available later, but these communities need immediate relief,” Lee said in a statement. “Tennessee’s record of fiscal conservatism has placed us in a strong financial position to make government work for the people and step up to help in this time of need.”
Lee says the idea was inspired following his meeting with a local county mayor in East Tennessee just days after Hurricane Helene ravaged multiple southern states. During that conversation, Lee said the mayor was concerned about not making payroll while paying for clean-up costs.
The program will be divided by allocating $35 million for water and wastewater repairs and $65 million for debris removal. The state funding is being pulled from Tennessee’s Medicaid program, known as TennCare. Lee said these dollars are supposed to assist health and welfare, which is what the loan program is designed to do.
Counties eligible for assistance include Carter, Claiborne, Cocke, Grainger, Greene, Hamblen, Hawkins, Jefferson, Johnson, Sevier, Sullivan, Unicoi and Washington.
Tennessee has reported 17 deaths are a result of Hurricane Helene’s rampage throughout the state, but a few residents remain missing. Numerous bridges and roads remain damaged as cleanup efforts continue.
veryGood! (27678)
Related
- DoorDash steps up driver ID checks after traffic safety complaints
- Of Course Princess Anne Was the Only Royal Riding on a Horse at King Charles III's Coronation
- Florida arranged migrant flights to California, where officials are considering legal action
- Ethan Orton, teen who brutally killed parents in Cedar Rapids, Iowa, sentenced to life in prison
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Today’s Climate: June 11, 2010
- Wildfires to Hurricanes, 2017’s Year of Disasters Carried Climate Warnings
- Today’s Climate: June 8, 2010
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- How Muggy Is It? Check The Dew Point!
Ranking
- The Super Bowl could end in a 'three
- Today’s Climate: June 18, 2010
- Polar Ice Is Disappearing, Setting Off Climate Alarms
- Virginia graduation shooting that killed teen, stepdad fueled by ongoing dispute, police say
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- How Biden's declaring the pandemic 'over' complicates efforts to fight COVID
- SEC sues Coinbase as feds crack down on cryptocurrency companies
- Revamp Your Spring Wardrobe With 85% Off Deals From J.Crew
Recommendation
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
There's a global call for kangaroo care. Here's what it looks like in the Ivory Coast
Algae Blooms Fed by Farm Flooding Add to Midwest’s Climate Woes
How Muggy Is It? Check The Dew Point!
Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
See the Royal Family Unite on the Buckingham Palace Balcony After King Charles III's Coronation
Trump Administration Deserts Science Advisory Boards Across Agencies
Today’s Climate: June 17, 2010