Current:Home > NewsTennessee to launch $100M loan program to help with Hurricane Helene cleanup -Wealth Axis Pro
Tennessee to launch $100M loan program to help with Hurricane Helene cleanup
View
Date:2025-04-18 00:56:35
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! (85394)
Related
- Global Warming Set the Stage for Los Angeles Fires
- Headspace helps you meditate on the go—save 30% when you sign up today
- National Chicken Wing Day 2023: Buffalo Wild Wings, Popeyes, Hooters, more have deals Saturday
- Barbie in India: A skin color debate, a poignant poem, baked in a cake
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Inside Sarah Jessica Parker and Matthew Broderick's Unusual Love Story
- Why residuals are taking center stage in actors' strike
- Dehydration can be exacerbated by heat waves—here's how to stay hydrated
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Buckle up: New laws from seat belts to library books take effect in North Dakota
Ranking
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Mitch McConnell and when it becomes OK to talk about someone's personal health issues
- Ford recalls over 150,000 vehicles including Transit Connects and Escapes
- 3 dead after plane crashes into airport hangar in Upland, California
- Louvre will undergo expansion and restoration project, Macron says
- Appeals court seen as likely to revive 2 sexual abuse suits against Michael Jackson
- What's Making Us Happy: A guide to your weekend listening and viewing
- LeBron James Shares Video of Son Bronny James Playing Piano Days After Cardiac Arrest
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
Netherlands holds U.S. to a draw in thrilling rematch of 2019 Women's World Cup final
The 15 craziest Nicolas Cage performances, ranked (including 'Sympathy for the Devil')
Plaintiffs in voting rights case urge judges to toss Alabama’s new congressional map
Questlove charts 50 years of SNL musical hits (and misses)
Tupac Shakur ring sells for record $1 million at New York auction
8 dogs going to Indiana K-9 facility die from extreme heat after driver’s AC unit fails
What recession? It's a summer of splurging, profits and girl power