Tennessee announces plans for $732M surplus funds meant to help the state’s working poor

TANF Spending

MEMPHIS, Tenn. (WMC) - A week after a WMC investigation, the state of Tennessee now has a plan for millions of state dollars sitting unused that could help Tennessee’s working poor.

The Tennessee Department of Human Services admitted last week that it has a surplus of $732 million. That money is supposed to help those who have children and are experiencing financial difficulties.

DHS said it has a surplus because of the strong economy.

Now it has plans to keep about half that money in a savings account. Then it will open a grant process so that non-profits and community organizations can apply to use the money.

It will also help other state departments fund projects focused on housing, family support and workforce development.

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