Current:Home > MyTennessee to launch $100M loan program to help with Hurricane Helene cleanup -Stellar Wealth Sphere
Tennessee to launch $100M loan program to help with Hurricane Helene cleanup
View
Date:2025-04-17 17:01:34
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! (315)
Related
- Retirement planning: 3 crucial moves everyone should make before 2025
- The company planning a successor to Concorde makes its first supersonic test
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Trump wants to turn the clock on daylight saving time
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- B.A. Parker is learning the banjo
Ranking
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- New data highlights 'achievement gap' for students in the US
- Arkansas State Police probe death of woman found after officer
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- 'We're reborn!' Gazans express joy at returning home to north
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
Intellectuals vs. The Internet
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
A South Texas lawmaker’s 15
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
The Louvre will be renovated and the 'Mona Lisa' will have her own room