Current:Home > FinanceTennessee to launch $100M loan program to help with Hurricane Helene cleanup -AssetLink
Tennessee to launch $100M loan program to help with Hurricane Helene cleanup
View
Date:2025-04-19 15:28:20
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! (949)
Related
- See you latte: Starbucks plans to cut 30% of its menu
- Man gets death sentence for killing 36 people in arson attack at anime studio in Japan
- King Charles III is admitted to a hospital for a scheduled prostate operation
- Canadian man accused of selling deadly substances to plead not guilty: lawyer
- A White House order claims to end 'censorship.' What does that mean?
- Leipzig releases two youth players after racist comments about teammates
- Horoscopes Today, January 26, 2024
- Look back at every Super Bowl halftime performer, including Michael Jackson, JLo, Beyonce
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Protesters gather outside a top Serbian court to demand that a disputed election be annulled
Ranking
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- French President Macron joins India’s Republic Day celebrations as chief guest
- Travis Kelce’s Dad Ed Admits He Didn’t Know Taylor Swift’s Name at Beginning of Their Romance
- AP Photos: Indians rejoice in colorful Republic Day parade with the French president as chief guest
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Many Costa Ricans welcome court ruling that they don’t have to use their father’s surname first
- Golf phenom Nick Dunlap talks about going pro: It was the easiest, hardest decision I've ever had to make
- Plane crashes into residential neighborhood in New Hampshire, pilot taken to hospital
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
Utah poised to become the next state to regulate bathroom access for transgender people
Tensions simmering in the South China Sea and violence in Myanmar as Laos takes over ASEAN chair
Scammers hacked doctors prescription accounts to get bonanza of illegal pills, prosecutors say
The Best Stocking Stuffers Under $25
Britney Spears’ 2011 Song “Selfish” Surpasses Ex Justin Timberlake’s New Song “Selfish”
LSU vs. South Carolina highlights, score, stats: Gamecocks win after Angel Reese fouls out
Cyprus government unveils support measures for breakaway Turkish Cypriots ahead of UN envoy’s visit