Gov. Phil Bredesen says Tennessee will receive a higher percentage of federal matching funds to cover costs due to severe flooding in early May.
Bredesen recently announced that the state’s federal match will be 90 percent of the total eligible costs for projects falling into the Federal Emergency Management Agency’s seven categories of public assistance, including direct federal assistance.
Under the cost-sharing arrangement, the state will split evenly the remaining 10 percent of eligible costs with local governments.
The categories include debris removal, measures taken to protect lives and property, and repairs to roads, bridges, water control facilities, buildings, utilities and parks.
Was this article valuable?
Here are more articles you may enjoy.
Building Fortification And The Role of The Insurance Industry
Walmart to Pay $100 Million to Settle FTC Case on Driver Wages
Gas-Guzzler Revival Risks Dead-End Future for US Automakers
Besieged Berkshire Utility Tries to Rewrite Who Pays for Wildfires