Current:Home > NewsTennessee 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:2025-04-17 01:35:49
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! (58)
Related
- Everything Simone Biles did at the Paris Olympics was amplified. She thrived in the spotlight
- What is March Madness and how does it work?
- A southeast Alaska community wrestles with a deadly landslide’s impact
- Princess Kate tabloid photo, video fuel speculation: Why the gossip is harmful
- Family of explorer who died in the Titan sub implosion seeks $50M-plus in wrongful death lawsuit
- Historic covered bridges are under threat by truck drivers relying on GPS meant for cars
- North Carolina county boards dismiss election protests from legislator. Recounts are next
- Brianna Maitland vanished 20 years ago. The FBI is now offering $40,000 to help solve the mystery.
- USA women's basketball live updates at Olympics: Start time vs Nigeria, how to watch
- Lions' Cam Sutton faces Florida arrest warrant on alleged domestic violence incident
Ranking
- Sonya Massey's father decries possible release of former deputy charged with her death
- Alabama enacts new restrictions on absentee ballot requests
- Princess Kate tabloid photo, video fuel speculation: Why the gossip is harmful
- California holds special election today to fill vacancy left by former House Speaker Kevin McCarthy
- Blake Lively’s Inner Circle Shares Rare Insight on Her Life as a Mom to 4 Kids
- Mega Millions jackpot reaches $977 million after no one wins Tuesday’s drawing
- Travis Kelce in talks to host 'Are You Smarter than a 5th Grader?' reboot for Amazon Prime
- Federal appeals court order puts controversial Texas immigration law back on hold
Recommendation
USA men's volleyball mourns chance at gold after losing 5-set thriller, will go for bronze
What to know about Cameron Brink, Stanford star forward with family ties to Stephen Curry
'The Voice' coaches Chance the Rapper and John Legend battle over contestant Nadége
The first ‘cyberflasher’ is convicted under England’s new law and gets more than 5 years in prison
Chief beer officer for Yard House: A side gig that comes with a daily swig.
William & Mary will name building after former defense secretary Robert Gates
Vanderpump Rules' Tom Sandoval Is Now Comparing Himself to Murderer Scott Peterson
Mega Millions jackpot reaches $977 million after no one wins Tuesday’s drawing