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Greene County files CT053 disclosure for $17.64M HEAL loan tied to Hurricane Helene recovery
Summary
County officials filed the required CT053 disclosure for a $17,642,222 TEMA HEAL loan dated Nov. 24, 2024 to fund Helene disaster recovery; the form shows 0% interest and repayment from FEMA grant funds by Nov. 24, 2034.
Greene County announced on Jan. 21 that it filed the CT053 debt-obligation report required by the Tennessee Comptroller to disclose a Helene Emergency Assistance Loan (HEAL) arranged through the Tennessee Emergency Management Agency (TEMA).
The CT053 form submitted to the comptroller lists a loan face amount of $17,642,222 dated Nov. 24, 2024, with a final maturity date of Nov. 24, 2034. The filing characterizes the loan as a TEMA loan tied to FEMA disaster-recovery grant funds and states the loan will be repaid from grant funds expected from…
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