Round Three Cashflow Loan Program (for local units of government)
Local units of government may now sign up for round three of the Cashflow Loan Program.. Read More
The next round of interest-free Cashflow Loans is ready to be distributed to local governments in need. This will be the third installment of loans disbursed as a way to help communities who are already hard at work recovering from Hurricane Helene.
The Department of State Treasurer (DST) has notified local governments of their second round of interest-free loans for Hurricane Helene relief.
Denise Canada has been hired as the Director of the State and Local Government Finance Division and Secretary of the Local Government Commission, State Treasurer Brad Briner announced today.
Local governments impacted by Hurricane Helene can apply to the Department of State Treasurer (DST) for cashflow loans as Round 2 of the program prepares to launch. Round 1 resulted in more than $47.5 million being distributed, leaving an estimated $50 million still available.
Duke University Health System (Durham) is in line to receive more than a half-billion dollars in financing after the Local Government Commission (LGC) approved bond issues in that amount at the LGC’s Tuesday, May 6, meeting.
The Department of State Treasurer sold $442 million of bonds today to pay for transportation projects in Wake and Johnston counties and to refund certain previous bonds.