NJWB January 31st, 2024
Rutgers University receives $30 million in Water Bank loans saving ratepayers approximately $8.5 million.
Rutgers, the State University of New Jersey, recently completed clean water improvements that are being financed with approximately $30 million in loans from the NJ Water Bank, a low-rate funding program jointly administered by the DEP and the NJ I-Bank. Including interest cost savings, total saving