Federal Funds Granted To Help NC's Fishing Industry
North Carolina will receive $7.7 million in federal fisheries disaster assistance to help the State's fishing industry recover from Hurricane Florence. An assessment from the National Oceanic and Atmospheric Administration estimated that the September 2018 storm caused $38 million in damages to vessels and businesses and nearly $57 million in lost revenues. The funds are part of a $56.5 million appropriation from Congress for fishery disasters nationwide. After Hurricane Florence, $11.6 million in state funds were distributed to commercial fishers and shellfish harvesters.