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Ashe County accepts interest-free state cash-flow loan to cover hurricane recovery costs
Summary
The Ashe County Board of Commissioners voted to accept a state cash-flow loan of about $468,000 to cover immediate disaster-response costs while the county pursues FEMA reimbursements.
The Ashe County Board of Commissioners voted March 17 to accept a state cash-flow loan intended to cover immediate hurricane recovery expenses while the county awaits federal reimbursement.
County staff told commissioners the loan, created in legislation passed in October 2024, is designed to cover upfront costs such as debris removal, temporary operations and repairs while the county pursues FEMA reimbursements. "The…
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