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LATEST NEWS & ANNOUNCEMENTS

Explore the latest news, announcements, and updates from the New Jersey Infrastructure Bank.

Displaying Tag: NJWB NJDEP
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Lambertville City MUA Loan Closing
NJWB  August 22nd, 2019
Lambertville City MUA Loan Closing
The City of Lambertville Municipal Utilities Authority (LMUA) recently closed on a $550,000 construction loan with the NJ Water Bank to rehabilitate approximately 1,450 linear feet of vitrified clay sanitary sewers with cured-in-place (CIP) lining. The repair is necessary to eliminate potential sani
Mount Laurel Township MUA Loan Closing
NJWB  August 22nd, 2019
Mount Laurel Township MUA Loan Closing
Mount Laurel Township Municipal Utilities Authority recently closed on a $1,085,489 construction loan with the NJ Water Bank to perform numerous sewer system improvements. The proposed project includes the rehabilitation of the primary and secondary clarifiers. A warehouse will be converte
Long Branch Sewerage Authority Loan Closing
NJWB  August 15th, 2019
Long Branch Sewerage Authority Loan Closing
The Long Branch Sewerage Authority recently closed on two construction loans with the NJ Water Bank. One $106,555 loan was for wastewater treatment plant Improvements including a hot water piping system and final settling tank mechanical improvements. The sludge holding tank and piping system are al
Atlantic County Utilities Authority Flood Protection Program
NJWB  August 5th, 2019
Atlantic County Utilities Authority Flood Protection Program
The Atlantic County Utilities Authority (ACUA) recently completed wastewater treatment plant improvements that are being funded with $296,150 in loans from the NJ Water Bank, a joint low-rate funding program of the DEP and the NJ I-Bank. This project qualified for principal forgiveness totaling $55,
Atlantic County Utilities Authority Sewer Sludge Incinerator Upgrade
NJWB  August 2nd, 2019
Atlantic County Utilities Authority Sewer Sludge Incinerator Upgrade
The Atlantic County Utilities Authority (ACUA) recently completed wastewater treatment plant improvements that are being funded with approximately $3.5 million in loans from the NJ Water Bank, a joint low-rate funding program of the DEP and the NJ I-Bank. Total savings for this project are estimated
Joint Meeting of Essex & Union Counties Loan Closing
NJWB  July 30th, 2019
Joint Meeting of Essex & Union Counties Loan Closing
The Joint Meeting of Essex and Union Counties (JMEUC) recently closed on a $17,350,000 construction loan with the NJ Water Bank to rehabilitate its wastewater treatment plant. The project proposes waste gas Burner Upgrades, various structure rehabilitation, construction of a new Prima
Kearny Municipal Utilities Authority Pump Station Repairs
NJWB  July 30th, 2019
Kearny Municipal Utilities Authority Pump Station Repairs
The Kearny Municipal Utilities Authority (KMUA) recently completed pump station improvements that are being funded with approximately $1.5 million in a SAIL loan from the NJ Water Bank, a joint low-rate funding program of the DEP and the NJ I-Bank. The total construction cost of the project was $4,9
Long Beach Township Pump Room Reconstruction
NJWB  July 24th, 2019
Long Beach Township Pump Room Reconstruction
Long Beach Township recently completed Water Plant improvements that are being funded with approximately $1.2 million in loans from the NJ Water Bank, a joint low-rate funding program of the DEP and the NJ I-Bank. This project qualified for a NANO loan that offered principal forgiveness totaling $50
Somerset Raritan Valley SA Air Pollution Control System Upgrades
NJWB  July 15th, 2019
Somerset Raritan Valley SA Air Pollution Control System Upgrades
The Somerset Raritan Valley Sewerage Authority (SRVSA) recently completed wastewater treatment plant improvements that are being funded with approximately $11.4 million in loans from the NJ Water Bank, a joint low-rate funding program of the DEP and the NJ I-Bank. Total savings for this project are
Ocean Township Sewer Authority Loan Closing
NJWB  July 9th, 2019
Ocean Township Sewer Authority Loan Closing
Ocean Township Sewer Authority recently closed on a $3,500,000 construction loan with the NJ Water Bank to reconstruct the Interlaken Pump Station. The project proposes to raise the building to prevent future flooding including partial excavation of the pre-existing WWTP primary settling t
Wall Township Loan Closings
NJWB  July 9th, 2019
Wall Township Loan Closings
Wall Township recently closed on two construction loans with the NJ Water Bank totaling $4,191,525 to install approximately 13,040 linear feet of ductile iron pipe. The elimination of dead ends and the connection of large-diameter water mains will result in higher flow rates and greater water pressu
Evesham Municipal Utilities Authority Loan Closing
NJWB  July 9th, 2019
Evesham Municipal Utilities Authority Loan Closing
The Evesham Municipal Utilities Authority (EMUA) recently closed on a $1,915,662 construction loan with the NJ Water Bank to construct a 1,175 square foot iron removal treatment plant to disinfect Well No. 13 due to the presence of iron bacteria. The treatment plant will be housed in an additio
Jersey City Municipal Utilities Authority Loan Closing
NJWB  July 3rd, 2019
Jersey City Municipal Utilities Authority Loan Closing
The Jersey City Municipal Utilities Authority recently closed on a $5,280,963 construction loan with the NJ Water Bank to install approximately 6,100 linear feet of ductile iron water main. Work will also include the installation of valves, water services, and fire hydrants.
Burlington Township Sanitary Sewer Main Rehabilitation
NJWB  July 2nd, 2019
Burlington Township Sanitary Sewer Main Rehabilitation
The Township of Burlington recently completed Sanitary Sewer Main improvements that are being funded with approximately $720,152 in loans from the NJ Water Bank, a joint low-rate funding program of the DEP and the NJ I-Bank. Total savings for this project are estimated to be $147,804 over the 20-yea
Ocean County Utilities Authority Loan Closing
NJWB  July 2nd, 2019
Ocean County Utilities Authority Loan Closing
Ocean County UA recently closed on a $2,604,099 construction loan with the NJ Water Bank to rehabilitate two Interceptors in the Central and Southern Service Areas. Approximately 12,660 linear feet of pipe will be replaced, and the interior surfaces of all manholes will be rehabilitated as well.
Ocean County UA Loan Closing
NJWB  July 2nd, 2019
Ocean County UA Loan Closing
Ocean County UA recently closed on a $6,813,604 construction loan with the NJ Water Bank to rehabilitate multiple Primary and Final clarifiers at the Central and Southern Water Pollution Control Facilities. These clarifiers have been compromised by corrosive and destructive elements associated
OCUA Loan Closing
NJWB  July 2nd, 2019
OCUA Loan Closing
Ocean County UA recently closed on a $668,003 construction loan with the NJ Water Bank to Rehabilitate the Manahawkin Interceptor, Sl-4 which is a 24-inch diameter gravity interceptor located in the Authority's Southern Service Area. It was installed in 1977 using Pre-stressed Concrete Cylinder Pipe
Western Monmouth Utilities Authority Loan Closing
NJWB  July 1st, 2019
Western Monmouth Utilities Authority Loan Closing
The Western Monmouth Utilities Authority closed last week on a $7,402,697 construction loan with the NJ Water Bank to reconstruct the Route 79 Pump Station and replace the force main discharge piping. The proposed improvements will include demolition of the existing facilities and installation of a
SRVSA Loan Closing
NJWB  July 1st, 2019
SRVSA Loan Closing
The Somerset Raritan Valley closed today on a $33,000,000 construction loan with the NJ Water Bank for the construction of a Stormwater Control Treatment Facility (SCTF) in the vicinity of Somerville's sanitary sewer connection to the SRVSA interceptor. The proposed project will utilize pu
Newark City Loan Closing
NJWB  July 1st, 2019
Newark City Loan Closing
The City of Newark recently closed on construction loan with the NJ Water Bank to evaluate and rehabilitate approximately 350 miles of small diameter (less than 22-inch) sewers made of various materials including Vitrified Clay, Concrete, Asbestos Cement, Cast Iron, Ductile Iron, Corrugate
NJWSA Loan Closing
NJWB  June 28th, 2019
NJWSA Loan Closing
The NJ Water Supply Authority (NJWSA) recently closed on a $15,224,595 construction loan with the NJ Water Bank to restore structures and preserve existing resources at the Round Valley Reservoir. The proposed improvements will decrease seepage, repair the reservoir leak near the
Northwest Resiliency Park Loan Closing
NJWB  June 27th, 2019
Northwest Resiliency Park Loan Closing
The City of Hoboken closed today on a $66,902,264 construction loan with the NJ Water Bank for the construction of the Northwest Resiliency Park, the former BASF property, in Northwest Hoboken. The 5.418-acre park will serve several purposes including but not limited to on-grade storm water detentio
North Brunswick Township Loan Closing
NJWB  June 26th, 2019
North Brunswick Township Loan Closing
The Township of North Brunswick recently closed on a $701,622 construction loan with the NJ Water Bank to replace their existing distribution system water meters that have exceeded their useful life with new water service meters. The proposed project will include disposal of the existing meters, ins
CCMUA Loan Closing
NJWB  June 26th, 2019
CCMUA Loan Closing
The Camden County MUA recently closed on a $3,785,476 construction loan with the NJ Water Bank to upgrade their 80 MGD wastewater treatment plant to receive more wet weather flow and reduce combined sewage flooding and overflows in Camden and Gloucester Cities. The proposed improvements will increas
RVRSA Loan Closing
NJWB  June 26th, 2019
RVRSA Loan Closing
The Rockaway Valley Regional Sewer Authority recently closed on a $738,042 construction loan with the NJ Water Bank to replace part of the Jersey City Trunk Sewer destroyed during Hurricane Irene with a new pumping station at Monroe Street and a small grinder pumping station at Harrison Street. Rela
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