A supplemental war funding bill passed by Congress and sent to the President this week included a provision to provide more than $200 million in federal aid for Tennessee communities impacted by the 2010 flood.
See this article
from the Tennessean for more information.
According to a spokesman from the Governor's office, one of the most significant provisions of the bill would be a reduction of the required local match for FEMA projects from 25% to 10%. During its budget deliberations, the State had pledged to split the 25% match with local governments. As reported in the article linked above, the Governor's office indicates it still plans to split this reduced local match. This means that a county now will only have to provide 5% of the funding for a FEMA project with the State providing 5% and FEMA picking up 90%.
This is good news for many Tennessee local governments that were overwhelmed by the May floods and facing extraordinary costs to rebuild roads, bridges, water treatment facilities, schools and other infrastructure.
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