A budget plan headed to Gov. Henry McMaster for his approval would set aside $700,000 to help the town of Nichols recover from flooding which damaged nearly every home and business in the community.
Nichols was devastated by floodwaters in the aftermath of Hurricane Matthew last October, when the Little Pee Dee River rose 17 feet. The resulting flood damaged more than 250 homes and all but one business in the Marion County town.
With its tax base eliminated and little means to repair its infrastructure, the town asked the legislature for help. While the Federal Emergency Management Agency reimburses local governments on a 3-to-1 match, Nichols lacked the ability to even start repairs without outside financial help. [Read more…]