Current:Home > MarketsHawaii governor announces $150M fund for Maui wildfire victims modeled after 9/11 fund -Finovate
Hawaii governor announces $150M fund for Maui wildfire victims modeled after 9/11 fund
View
Date:2025-04-26 11:49:25
HONOLULU (AP) — Hawaii Gov. Josh Green on Wednesday announced the creation of a $150 million fund to help those who lost family members or who were injured in Maui’s wildfires.
Beneficiaries will receive payments of more than $1 million as early as April to June of next year, the governor’s office said in a news release. Those getting money from the fund will waive their right to file legal claims.
The fund aims to enable swift and generous financial payments for losses without requiring people to go through time-consuming litigation, the release said. It also aims to finance the rebuilding of Lahaina in a manner “that embodies Hawaii’s values and traditions.”
Initial money for the fund is being provided by the state, Maui County, Hawaiian Electric and Kamehameha Schools, which is a major landowner in the Lahaina area. All four have been named in lawsuits over the wildfires. Green said he expects more partners to join the initiative.
The fund is modeled on the September 11thVictim Compensation Fund, Green said in livestreamed address.
A wildfire burned historic Lahaina on Aug. 8, killing at least 99 people and destroying more than 2,000 structures. The Federal Emergency Management Agency and aid organizations have provided shelter for some 8,000 people displaced by the fire.
veryGood! (424)
Related
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- A Data Center Fight Touches on a Big Question: Who Assumes the Financial Risk for the AI Boom?
- Sean Diddy Combs' Baby Oil Was Allegedly Laced With Date Rape Drug
- Harris and Trump target Michigan as both parties try to shore up ‘blue wall’ votes
- What do we know about the mysterious drones reported flying over New Jersey?
- Adult day centers offer multicultural hubs for older people of color
- Florida digs out of mountains of sand swept in by back-to-back hurricanes
- Liam Payne's death devastates Gen Z – even those who weren't One Direction fans
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- 17 students overcome by 'banned substance' at Los Angeles middle school
Ranking
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- The sun is now in its solar maximum, meaning more aurora activity
- Midwest chicken farmers struggle to feed flocks after sudden closure of processor
- What to know about red tide after Florida’s back-to-back hurricanes
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Homeland Security grants temporary status to Lebanese already in the United States
- Onetime art adviser to actor Leonardo DiCaprio, among others, pleads guilty in $6.5 million fraud
- The sun is now in its solar maximum, meaning more aurora activity
Recommendation
Meta donates $1 million to Trump’s inauguration fund
Midwest chicken farmers struggle to feed flocks after sudden closure of processor
Bruce Willis’ Daughter Rumer Shares Insight Into His Role as Grandpa
Virginia men’s basketball coach Tony Bennett is retiring effective immediately
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
La Nina could soon arrive. Here’s what that means for winter weather
La Nina could soon arrive. Here’s what that means for winter weather
Liam Payne's preliminary cause of death revealed: Officials cite 'polytrauma'