Newsroom

NASHVILLE--Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 12.25 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 8.25 percent as published by the Federal Reserve on June 20, 2023.

NASHVILLE, Tenn. — Today, Tennessee Governor Bill Lee invited local law enforcement agencies and schools to apply for nearly $200 million in grant funding to further strengthen security at Tennessee schools.

NASHVILLE, TN – The Tennessee Department of Human Services (TDHS) has opened applications for Community Child Care Hub Pilot Grants, an initiative that will make available up to $5 million dollars in funding to public/government and non-profit organizations as a way to develop and establish locally managed child care administrative hubs that will support networks of newly licensed child care locations.

MOBILE, Ala. – Members of the Tennessee National Guard’s 45th Civil Support Team participated in a multi-state exercise in Mobile, from June 11-16. Collaborating with CSTs from Florida, Georgia, and Alabama, the Tennessee team participated in comprehensive classroom training, informative briefings, and engaging hands-on exercises throughout the week. Notably, the 45th CST conducted a dynamic ropes training mission, simulating a medical rescue using advanced rappelling techniques and procedures.

NASHVILLE – The Tennessee Department of Human Services today announced the details on the second distribution of Pandemic Electronic Benefit (P-EBT) Program for the 2022-2023 academic year and Summer 2023.

The Tennessee Department of Environment and Conservation (TDEC) announced 131 grants totaling $299,228,167 from the state’s American Rescue Plan (ARP) fund, part of which TDEC is administering in the form of drinking water, wastewater, and stormwater infrastructure grants. Collaborative Grants & Non-Collaborative Grants. City, Town & County awards.

SOFIA, Bulgaria – On the week of June 12-19, the Tennessee Army and Air National Guard collaborated with the Bulgarian Military Medical Academy in a series of events as part of Thracian Sentry 23.

Today, the Tennessee Department of Safety and Homeland Security welcomed Cannon County to the Tennessee Advanced Communications Network (TACN). Cannon County’s decision to join TACN provides first responders the ability to have additional coverage to talk on the radio with surrounding state communication towers during major events and disasters.

NASHVILLE – Tennessee’s statewide unemployment rate held steady at 3.3% in May, according to newly released data from the Department of Labor and Workforce Development (TDLWD). That number is unchanged from the state’s unemployment rate in April.

NASHVILLE, Tenn. – This week, Tennessee Governor Bill Lee visited summer learning camps, which are underway in elementary schools across the state, and recognized the dedication of teachers to sharpen critical reading skills for Tennessee students. Summer learning camps, a key support offered through Tennessee’s new, comprehensive K-3 literacy strategy, are one of multiple pathways to strengthen student achievement and promotion to the fourth grade.

NASHVILLE, TN – The Tennessee Higher Education Commission (THEC) is thrilled to announce the release of the college-going rate for the Class of 2022. The data for the Class of 2022 showcases a one and a half percentage point increase over the class of 2021, for a statewide college-going rate of 54.3%. This represents the largest statewide increase since the implementation of Tennessee Promise in 2015.

– Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart McWhorter and PVS Plastics Technology Corporation officials announced today the company will invest $6.9 million to establish its second U.S. facility in Johnson City, Tennessee.