On June 4, 2021, Governor Murphy signed EO No. 224 terminating the Public Health Emergency declaration in place since March 9, 2020, as the COVID-19 pandemic no longer constitutes a system-wide Material Event pursuant to the I-Bank’s Credit Policy.

Effective immediately, Project Sponsors in the NJ Water Bank and NJ Transportation Bank Financing Programs no longer need to satisfy the additional COVID-19 Credit Guidelines to qualify for a Financing Program loan.

Note that Project Sponsors must still satisfy the requirements of the I-Bank Credit Policy which can be found at the following link:
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