Economics of Hurricane Helene Relief

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To date, the North Carolina General Assembly has appropriated $1.1 billion, and reallocated another $77 million to support response and recovery efforts, as well as another $225 million set aside for continued support and redevelopment. This figure of $1.1 billion only represents 2.4% of aid required to restore western NC to its pre-Helene state. In addition to the $1.1 billion in Helene aid provided by the General Assembly, North Carolina was awarded near $850 million in FEMA individual and public assistance. Storm damage analysts estimate a total of $6.9 billion more in FEMA Individual Assistance, Public Assistance, and the Hazard Mitigation Grant Program will be provided to NC by the time damage from Helene is completely cleared.

sources: https://www.nhc.noaa.gov/data/tcr/AL092024_Helene.pdf

https://weather.com/storms/hurricane/news/2025-03-19-hurricane-helene-final-report-nhc-deaths-damage-flooding

By: Brandon Collette

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