North Carolina Treasurer Brad Briner has personally paid the first installment of the Cashflow Loan Program to support communities still recovering from Hurricane Helene. The program, administered by the Department of State Treasurer, provides financial assistance to those affected by last year’s storm. Briner’s payment covered the first $1 installment for more than 100 loan recipients, allowing them to focus on recovery rather than administrative requirements.
The Cashflow Loan Program, funded by disaster relief appropriations from the General Assembly, has provided over $150 million in support to communities affected by Hurricane Helene. These interest-free loans are designed to assist areas awaiting federal disaster relief, which can take time to arrive. Treasurer Briner’s personal payment is intended to reduce the administrative burden on affected communities while supporting their ongoing recovery efforts, according to the State Treasurer of North Carolina.
By covering the first repayment, Treasurer Briner has provided communities with both financial relief and additional time to focus on reconstruction and recovery efforts. The gesture has been recognized as a practical example of leadership, highlighting the impact of concrete actions in supporting those affected by disaster.
The long-term effects of the Cashflow Loan Program and Treasurer Briner’s payment will continue to develop as North Carolina recovers from Hurricane Helene. The action provides immediate financial relief to communities impacted by the storm and supports residents in managing their recovery efforts.
