Current:Home > ScamsTennessee to launch $100M loan program to help with Hurricane Helene cleanup -ProfitLogic
Tennessee to launch $100M loan program to help with Hurricane Helene cleanup
View
Date:2025-04-12 18:12:43
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! (372)
Related
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Outer Banks Just Killed Off a Major Character During Intense Season 4 Finale
- 'They are family': California girl wins $300,000 settlement after pet goat seized, killed
- The surprising way I’m surviving election day? Puppies. Lots of puppies.
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Zach Bryan Hints at the “Trouble” He Caused in New Song Dropped After Dave Portnoy Diss Track
- Chris Evans’ Rugged New Look Will Have You Assembling
- Why Survivor Host Jeff Probst Is Willing to Risk “Parasites” by Eating Contestants’ Food
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Roland Quisenberry: The Visionary Architect Leading WH Alliance into the Future
Ranking
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- AI DataMind: Dexter Quisenberry’s Investment Journey and Business Acumen
- Attention Upper East-Siders: Gossip Girl Fans Spot Continuity Errors in Series
- Liam Payne's Body Flown Back to the U.K. 3 Weeks After His Death
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Cillian Murphy takes on Catholic Church secrets in new movie 'Small Things Like These'
- Jewish students attacked at DePaul University in Chicago while showing support for Israel
- Travis Kelce Details Meeting “Awesome” Caitlin Clark at Taylor Swift’s Indianapolis Concert
Recommendation
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Zach Bryan Hints at the “Trouble” He Caused in New Song Dropped After Dave Portnoy Diss Track
Kourtney Kardashian Shows Son Rocky Barker Bonding With Travis Barker in New Photo
Ariana Grande and Ethan Slater Show Subtle PDA While Out Together in Sydney
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Longstanding US Rep. Gerry Connolly of Virginia says he is battling esophageal cancer
Menendez Brothers 'Dateline' special to feature never-aired clip from 2017 interview
Police Search Underway After 40 Monkeys Escape Facility in South Carolina