Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Looking for top SIP performers? These 7 equity mutual funds delivered over 20% returns in 10 years
    • Small-cap funds lead FY27 so far, beating mid, flexi and large-cap funds; JM Small Cap tops chart with over 32% return
    • No international funds open? These 15 domestic funds still hold foreign equities — two schemes have over 26% allocation
    • Distributor commissions reduce as fund houses pass on impact of new expense ratio regime – Mutual Funds News
    • Investing in mutual funds? Experts explain the behavioural biases that can quietly reduce your long-term returns
    • Your Money: Laddering strategy in bonds can optimise yield capture – Money News
    • Banks Offload Risk from Leveraged ETFs With Exotic ‘Crash Puts’
    • Multi cap mutual funds attract over ₹18,000 cr in H1 2026 as investors bet on diversified equity exposure
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»North Carolina officials approve more than $604 million in Helene relief funding
    Funds

    North Carolina officials approve more than $604 million in Helene relief funding

    October 29, 2024


    RALEIGH, N.C. (WBTV) – The General Assembly of North Carolina has approved The Disaster Recovery Act of 2024 – Part II, allocating $604,150,000 to relief efforts across the state from Hurricane Helene. The approval came Friday, Oct. 25 – just one day after Governor Roy Cooper proposed $3.9 billion in funding.

    [North Carolina Governor Cooper signs second disaster relief bill into law]

    The funds will be allocated to the following areas:

    • Education: $101,750,000
    • Health and human services: $71,400,000
    • Agriculture, natural, and economic resources: $195,000,000
    • Justice and public safety: $130,000,000
    • General government: $106,000,000

    Earlier in the month, legislators wrapped up an initial relief package of about $273 million.

    Initial damage estimates, Cooper said, are about $53 billion — three times as much as Hurricane Florence in 2018, making that estimate the largest in state history.

    Helene reached the Carolinas on Sept. 27, killing 99 people as of Oct. 29, closing hundreds of roads, and wiping out power and water for more than a million people.

    In addition to being the most expensive hurricane in the state’s history, it’s also been declared the deadliest.

    “Helene is the deadliest and most damaging storm ever to hit North Carolina,“ said Governor Cooper during the press conference on Oct. 23. “This storm left a trail of destruction in our beautiful mountains that we will not soon forget, but I know the people of Western North Carolina are determined to build back better than ever. These initial funds are a good start, but the staggering amount of damage shows we are very much on the front end of this recovery effort.”

    Copyright 2024 WBTV. All rights reserved.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    How smaller flexi cap funds outperformed larger peers in one year: Key lessons for investors

    July 31, 2026

    South Korea cracks down on risky retail funds after tech rout

    July 29, 2026

    Hedge funds grow at the fastest rate ever

    July 26, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Looking for top SIP performers? These 7 equity mutual funds delivered over 20% returns in 10 years

    August 2, 2026

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    Looking for top SIP performers? These 7 equity mutual funds delivered over 20% returns in 10 years

    August 2, 2026

    A decade of disciplined SIP investing has rewarded investors handsomely in a select group of…

    Small-cap funds lead FY27 so far, beating mid, flexi and large-cap funds; JM Small Cap tops chart with over 32% return

    August 2, 2026

    No international funds open? These 15 domestic funds still hold foreign equities — two schemes have over 26% allocation

    August 2, 2026

    Distributor commissions reduce as fund houses pass on impact of new expense ratio regime – Mutual Funds News

    August 2, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Swiss Re And Goodcarbon Introduce Pioneering Insurance For Carbon Credit Investments

    July 22, 2024

    Bitcoin Price News: Investors Pour Over $1B Into ETFs in a Single Day

    October 10, 2025

    As Zebulon grows, voters to consider a $20M bond this election for road improvements

    October 18, 2024
    Our Picks

    Looking for top SIP performers? These 7 equity mutual funds delivered over 20% returns in 10 years

    August 2, 2026

    Small-cap funds lead FY27 so far, beating mid, flexi and large-cap funds; JM Small Cap tops chart with over 32% return

    August 2, 2026

    No international funds open? These 15 domestic funds still hold foreign equities — two schemes have over 26% allocation

    August 2, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.