Current:Home > ContactTennessee to launch $100M loan program to help with Hurricane Helene cleanup -Wealth Evolution Experts
Tennessee to launch $100M loan program to help with Hurricane Helene cleanup
View
Date:2025-04-13 12:55:37
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! (6)
Related
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Katy Perry and Orlando Bloom's Daughter Daisy Seemingly Makes Singing Debut in Song Wonder
- Inter Miami's goals leader enjoys title with Leo Messi on his tail before NYCFC match
- Aaron Rodgers isn't a savior just yet, but QB could be just what Jets need
- Former longtime South Carolina congressman John Spratt dies at 82
- Caitlin Clark rewrites WNBA record book: Inside look at rookie's amazing season
- Miley Cyrus Makes Rare Public Appearance During Outing With Boyfriend Maxx Morando
- Penn State removes its student newspaper racks over concerns about political ads
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Zoo Atlanta’s last 4 pandas are leaving for China
Ranking
- Trump's 'stop
- Pakistan suspends policemen applauded by locals for killing a blasphemy suspect
- Judge asked to cancel referendum in slave descendants’ zoning battle with Georgia county
- Two dead, three hurt after a shooting in downtown Minneapolis
- Trump wants to turn the clock on daylight saving time
- North Carolina’s governor vetoes private school vouchers and immigration enforcement orders
- A Walk in the Woods with My Brain on Fire: Summer
- The legacy of 'Lost': How the show changed the way we watch TV
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
The Eagles deploy pristine sound, dazzling visuals at Vegas Sphere kickoff concert: Review
Giant sinkholes in a South Dakota neighborhood make families fear for their safety
Conor McGregor, who hasn't fought since 2021, addresses his status, UFC return
Don't let hackers fool you with a 'scam
USC vs. Michigan highlights: Catch up on all the big moments from Big Ten thriller
North America’s Biggest Food Companies Are Struggling to Lower Their Greenhouse Gas Emissions
Man accused in shootings near homeless encampments in Minneapolis