Republican Brad Briner Donates First Loan Repayment For Hurricane-Impacted Communities

This week, North Carolina State Treasurer Brad Briner used his personal checkbook to cover pay off the first loan repayment for the Cashflow Loan Program. This program provide funds last year to Hurricane Helene-affected communities, had an initial nominal $1 repayment due this fiscal year. As communities across North Carolina continue to recover, the treasurer wanted to take one clerical action off their plates.  

“Communities in Western North Carolina need to concentrate their efforts on making themselves whole again, not on jumping through an administrative hoop,” said Treasurer Briner. “I am happy to make this small donation on behalf of the 100-plus loans that have been sent out.” 

The General Assembly approved this program and the State Treasurer’s office administers this program. To date, $150 million has been distributed to communities in need, these interest free-loans are designed to meet immediate needs to communities awaiting federal disaster relief funds.