Current:Home > NewsTennessee to launch $100M loan program to help with Hurricane Helene cleanup -NextWave Wealth Hub
Tennessee to launch $100M loan program to help with Hurricane Helene cleanup
View
Date:2025-04-17 22:50:58
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! (5516)
Related
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- How Texas mom Maria Muñoz became an important witness in her own death investigation
- Horoscopes Today, December 16, 2023
- Serbia’s populist leader relies on his tested playbook to mastermind another election victory
- Meta releases AI model to enhance Metaverse experience
- In Israel’s killing of 3 hostages, some see the same excessive force directed at Palestinians
- Peter Sarsgaard Reveals the Secret to His 14-Year Marriage to Maggie Gyllenhaal
- Whitney Cummings Gives Birth to Her First Baby
- Bodycam footage shows high
- Revisiting 'The Color Purple' wars
Ranking
- Meta donates $1 million to Trump’s inauguration fund
- Houston Texans channel Oilers name to annihilate Tennessee Titans on social media
- October 2023 in photos: USA TODAY's most memorable images
- Bangladesh court denies opposition leader’s bail request ahead of a national election
- The White House is cracking down on overdraft fees
- Colombia’s leftist ELN rebels agree to stop kidnapping for ransom, at least temporarily
- Justice Sandra Day O’Connor, the first woman to serve on the Supreme Court, to lie in repose
- New details emerge about Alex Batty, U.K. teen found in France after vanishing 6 years ago: I want to come home
Recommendation
Trump wants to turn the clock on daylight saving time
Study bolsters evidence that severe obesity increasing in young US kids
October 2023 in photos: USA TODAY's most memorable images
Authorities: 5 people including 3 young children die in house fire in northwestern Arizona
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
Kendall Jenner and Bad Bunny Break Up After Less Than a Year of Dating
EU aid for Ukraine's war effort against Russia blocked by Hungary, but Kyiv's EU membership bid advances
January 2023 in photos: USA TODAY's most memorable images