The Town of Newton recently closed on a $2,541,921 loan with the New Jersey Water Bank to support two infrastructure projects designed to enhance public safety and environmental health. The first project implements drainage Improvements for Babe Ruth League Baseball Field in Memory Park. The pa

Montgomery Township recently closed on a $14.6 million loan to expand and upgrade the Pike Brook wastewater treatment plant. This project is necessary to handle increased wastewater flow from planned growth in the area, including the Carrier Foundation. Additionally, the upgrades will improve the pl

The Brick Township Municipal Utilities Authority (BTMUA) recently closed a $3.56 million loan from the New Jersey Water Bank to install a Granular Activated Carbon (GAC) filtration system at its water treatment facility. This upgrade aims to reduce concentrations of PFNA, a persistent PFAS chemical

The Brick Township MUA ("MUA") recently closed on two loans from the NJ I-Bank to support a project jointly funded by the NJ Water Bank and the NJ Resiliency Bank. In addition to these loans, the MUA secured a Pre-Disaster Mitigation grant from FEMA. The total project cost is $9,277,100. Of that amo

The Brick Township MUA recently closed on two loans from the NJ I-Bank to fund a project co-financed by the NJ Water Bank and the NJ Resiliency Bank. The total cost of the project, as covered by FEMA, is $3,768,154. Of this amount, the federal government contributed $2,826,104, while the remaining $

The Hackettstown MUA (HMUA) recently closed on a $729,768  loan from the NJ Water Bank to replace 68 identified galvanized service lines. Under the 2021 senate bill, galvanized lines are classified as lead and must be removed from all systems within 10 years.

Pemberton Township recently closed on a $1,757,000 loan with the NJ Water Bank to enhance water supply well efficiency. The project includes upgrading existing wells, installing a new well with energy-efficient equipment, and implementing OSHA safety improvements for the elevated water storage tank.

The Middlesex County Utilities Authority ("MCUA") recently closed on a $165 million loan from the NJ Water Bank to construct a new renewable natural gas ("RNG") facility to process and treat landfill gas from the County's existing landfill cells and supplying it to PSE&G's natural gas service fa

The Township of Edison recently closed on an $8.3 million loan from the NJ Water Bank to upgrade its water main infrastructure. The project includes replacing approximately 6,180 linear feet of water main with new 8-inch ductile iron piping, installing smart hydrants to detect and monitor leaks in t

Wildwood City recently secured a $20 million loan from the NJ Water Bank to fund Phase 1 of a lead service line replacement project. This phase will replace 861 lead service lines across Wildwood, North Wildwood, Wildwood Crest, and Lower and Middle Townships. The project also includes necessary roa

The City of Hoboken recently completed a state-of-the-art green infrastructure project that is being financed with approximately $22 million in loans from the NJ Water Bank, a low-rate funding program jointly administered by the DEP and the New Jersey Infrastructure Bank ("I-Bank"). Because this pro

Newton Township recently closed on a $1,500,081 loan with the NJ Water Bank to upgrade its water treatment plant including the chemical room, SCADA, and the Programmable Logic Controller ("PLC") which monitors and controls pumps, motors, valves, and other equipment at the plant. The main PLC, essent

The City of Lambertville MUA recently closed on a $2,200,000 loan with the NJ Water Bank to upgrade the Coryell and Swan Street pump stations by the D&R Canal. Originally built in 1955, these stations have undergone prior upgrades but now require major improvements. At Coryell Street, the contro

The Town of Clinton recently completed drinking water improvements that are being financed with approximately $1.76 million in loans from the NJ Water Bank, a low-rate funding program jointly administered by the DEP and the New Jersey Infrastructure Bank ("I-Bank"). Total savings for this project ar

The City of Newark ("Newark") recently completed drinking water improvements that are being financed with approximately $22 million in loans from the NJ Water Bank, a low-rate funding program jointly administered by the DEP and the New Jersey Infrastructure Bank ("I-Bank"). Total savings for this pr

The Washington Township Municipal Utilities Authority ("WTMUA") recently completed drinking water improvements that are being financed with approximately $1.3 million in loans from the NJ Water Bank, a low-rate funding program jointly administered by the DEP and the New Jersey Infrastructure Bank ("

The Borough of Flemington recently closed on a $1,120,607 loan with the NJ Water Bank to replace the aging sewer on Main Street from Church Street to the Route 12 Circle. The project involves replacing 1,250 feet of sewer pipe, installing new manholes and laterals, repairing water service connection

Essex Fells Borough recently closed on a $2,739,295 loan with the NJ Water Bank to enhance its water treatment infrastructure and ensure compliance with New Jersey's drinking water standards for PFAS. The funding will be used to design and implement a permanent ion exchange system at the borough's t

The New Jersey Water Supply Authority (NJWSA) recently closed on a $50 million loan from the NJ Water Bank to reduce seepage in the Spruce Run Reservoir dam. This project involves injecting grout into the bedrock to reinforce the foundation and prevent soil migration.The Spruce Run Reservoir, part o

New Jersey became the first state in the nation to lend funds from the federal Safeguarding Tomorrow through Ongoing Risk Mitigation ("STORM") Act, administered by the Federal Emergency Management Agency ("FEMA") for climate resiliency projects, when the New Jersey Community Hazard Assistance Mitiga

The Township of Verona recently closed on a $1,658,713 loan from the NJ Water Bank to upgrade the primary clarifier pump station at its wastewater treatment plant. The project involves providing all necessary materials and equipment to complete the upgrades, including the replacement of pumps, motor