Current:Home > NewsTennessee to launch $100M loan program to help with Hurricane Helene cleanup -WealthMindset Learning
Tennessee to launch $100M loan program to help with Hurricane Helene cleanup
View
Date:2025-04-17 01:12:49
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! (429)
Related
- Rylee Arnold Shares a Long
- Selena Gomez Hilariously Pokes Fun at Her Relationship Status in TikTok PSA
- Is your workplace toxic? 'We're a family here,' and other major red flags to watch for
- Brother of mom accused of killing husband before writing book on grief speaks out
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Candace Cameron Bure’s Daughter Natasha Says She’s in “Most Unproblematic” Era of Her Life
- Why Chris Olsen Is Keeping His New Boyfriend’s Identity a Secret
- At least 20 students abducted in a new attack by gunmen targeting schools in northern Nigeria
- In ‘Nickel Boys,’ striving for a new way to see
- See Sophie Turner Step Out in New York After Filing Joe Jonas Lawsuit
Ranking
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- $70M Powerball winner, who was forced to reveal her identity, is now a fierce advocate for anonymity
- CDC recommends RSV vaccine in late pregnancy to protect newborns
- Deadline day: UAW gears up to escalate strikes against Big 3 automakers
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Mississippi high court blocks appointment of some judges in majority-Black capital city and county
- Video of Elijah McClain’s stop by police shown as officers on trial in Black man’s death
- US ambassador to Japan calls Chinese ban on Japanese seafood ‘economic coercion’
Recommendation
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
Hollis Watkins, who was jailed multiple times for challenging segregation in Mississippi, dies at 82
Critics of North Carolina school athletics governing body pass bill ordering more oversight
Lizzo facing new lawsuit from former employee alleging harassment, discrimination
The Daily Money: Spending more on holiday travel?
Texas, Oklahoma were to pay a steep price for leaving Big 12 early. That's not how it turned out
A Beyoncé fan couldn't fly to a show due to his wheelchair size, so he told TikTok
Critics of North Carolina school athletics governing body pass bill ordering more oversight