NC State Treasurer Announces Nearly $23 Million In Cashflow Loans To Support Helene Recovery

Today, North Carolina State Treasurer Brad Briner announced the 2026 round of interest free Cashflow Loans is now being distributed to communities in Western North Carolina. The legislature was able to set aside $20 million in the 2026 state budget a part of ongoing efforts to help communities devastated by Hurricane Helene. As with the previous three rounds, this funding is administered by the North Carolina Department of State Treasurer (DST). The budgeted loan money is a significant investment, but as many still wait for federal funding to arrive, DST received more than $100 million in requests for 2026 funding alone.  

“Our first priority is providing much needed cashflow relief to our mountain communities by getting this money to them as quickly as possible,“ said Treasurer Brad Briner. “Our Department fully implemented the use of AI into our workflow months ago, with the goal of making administrative tasks easier. This is a perfect example of how harnessing the power of technology not only made the job more efficient but also meant millions of more dollars heading to communities in need.” 

The Cashflow loan program was implemented in 2025 to help bridge the gap for communities who are waiting for federal dollars needed to help with rebuilding and cleanup efforts. Now, two years post-Helene, the loan program is evolving. In this round, local governments applied for the loans for specific projects and community needs. This was a departure from the previous process of using federal paperwork to determine the share of the funding each community would be awarded. 

The 2026 Cashflow Loans are: