Current:Home > MyTennessee to launch $100M loan program to help with Hurricane Helene cleanup -WealthSync Hub
Tennessee to launch $100M loan program to help with Hurricane Helene cleanup
View
Date:2025-04-13 15:42:11
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! (692)
Related
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Another player from top-ranked Georgia arrested for reckless driving
- Watch these squirrels escape the heat in a woman's amazing homemade spa
- Fast-moving fire roars through Philadelphia warehouse
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Indianapolis man gets 60 years for a road rage shooting that killed a man
- Pittsburgh proposes a $500,000 payment to settle bridge collapse lawsuits
- Proof Meryl Streep and Martin Short Will Be Closer Than Ever at the 2024 Emmys
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Robert De Niro slams Donald Trump: 'He's a jerk, an idiot'
Ranking
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Ex-NFL star Kellen Winslow II expresses remorse from prison, seeks reduced sentence
- NCAA approves Gallaudet’s use of a helmet for deaf and hard of hearing players this season
- What exactly is soy lecithin? This food additive is more common than you might think.
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Sam Bankman-Fried’s lawyers claim in an appeal that he was judged too quickly
- Bill would ban sports betting ads during games and forbid bets on college athletes
- Lil Tay Shown in Hospital Bed After Open Heart Surgery One Year After Death Hoax
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Still adjusting to WWE life, Jade Cargill is 'here to break glass ceilings'
Astronauts left behind by Starliner set for press conference from ISS: Timeline of space saga
Fast-moving fire roars through Philadelphia warehouse
Average rate on 30
Inside The Real Love Lives of the Only Murders in the Building Stars
Another player from top-ranked Georgia arrested for reckless driving
Best Nordstrom Rack’s Clearance Sale Deals Under $50 - Free People, Sorel, Levi's & More, Starting at $9