NEWS (TRANSPORTATION)
July 10th, 2024 NJTIB
BOROUGH OF LITTLE FERRY ROAD IMPROVEMENTSThe Borough of Little Ferry recently closed on a $1,791,942 loan with the NJ Transportation Bank for roadway improvements on numerous streets througho...
Read MoreMay 29th, 2024 NJTIB
WILDWOOD CITY CAPITAL IMPROVEMENT PLANWildwood City recently replaced outdated infrastructure capitalizing on savings from three distinct I-Bank financing programs for one project: the dri...
Read MoreMarch 8th, 2024 NJTIB
ROBBINSVILLE TOWNSHIP TRANSPORTATION BANK LOANRobbinsville Township recently closed on a $2,000,000 loan with the NJ Transportation Bank for improvements to Newton Village. All roads within the pr...
Read MoreJanuary 17th, 2024 NJTIB
NJ TRANSPORTATION BANK AWARDS AN ALLOCATION OF FUNDS TO HAWTHORNE BOROUGHThe Borough has been allocated $6,374,514 for the milling and resurfacing of various streets. Uneven manhole and inlet castings will be reset or reconstructed as needed. Antiquated inlet grates and cu...
January 11th, 2024 NJTIB
BOROUGH OF PROSPECT PARK TRANSPORTATION BANK LOAN CLOSINGThe Borough of Prospect Park recently closed on a $600,500 loan from the New Jersey Transportation Bank Financing Program, a low-rate funding program administered jointly by the New Jersey Depart...
January 8th, 2024 NJTIB
SFY2024 THIRD QUARTER TRANSPORTATION BANK ALLOCATIONSNJ Transportation Bank announced an allocation of transportation funds to one recipient for the third quarter of SFY2024!Cape May County has been allocated $19,190,000 for a bridge replacement on Ston...
November 1st, 2023 NJTIB
ORANGE CITY ROADWAY IMPROVEMENTSThe City of Orange Township recently completed roadway improvements that are being financed with approximately $8.6 million in loans from the NJ Transportation Bank, a low-rate funding program adminis...
October 18th, 2023 NJTIB
SOMERDALE BOROUGH ROADWAY IMPROVEMENTSSomerdale Borough recently completed roadway improvements that are being financed with a $2.1 million loan from the NJ Transportation Bank, a low-rate funding program administered jointly by the NJ DO...
January 10th, 2022 NJTIB
NJIB FORUM INVITATION FOR AVAILABLE STATE FUNDS FOR TRANSPORTATION INFRASTRUCTURE PROJECTSIf your municipality is seeking funding for surface transportation infrastructure projects, the New Jersey Infrastructure Bank (I-Bank) may be the solution to your funding needs. The I-Bank is an Inde...
October 15th, 2021 NJTIB
SFY2022 2ND QUARTER ALLOCATIONSNJ Transportation Bank announces recipients of fund allocations for the second quarter of SFY2022!Raritan Township has been allocated $2,633,070 for a road resurfacing project.Flemington Borough has b...
