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Willingboro Township Road Asset Loan Closing
NJTB  December 14th, 2023
Willingboro Township Road Asset Loan Closing
The Township of Willingboro recently closed on a $3,586,334 loan with the NJ Transportation Bank to improve roadways in the township. RoadBotics is a tool that collects images of road networks, analyzes the data, and generates a color-coded map on an online platform. The Township of Willingboro and
Little Ferry Borough Loan Closing
NJTB  November 30th, 2023
Little Ferry Borough Loan Closing
Little Ferry Borough recently closed on a $1,457,834 loan with the NJ Transportation Bank for Roadway improvements. The project will be designed and managed by Remington Vernick Engineers and constructed by Reggio Construction, Inc.
Hoboken City Sinatra Drive Redesign
NJTB  November 29th, 2023
Hoboken City Sinatra Drive Redesign
Hoboken City recently closed on a $6,388,267 loan with the NJ Transportation Bank to redesign Sinatra Drive. The project will improve pedestrian safety by installing five painted curb extensions near Stevens Park, four high visibility crosswalks with ADA-compliant curb ramps, and new pavement markin
Orange City Roadway Improvements
NJTB  November 1st, 2023
Orange City Roadway Improvements
The 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 administered jointly by the DOT and the NJ I-Bank. Total savings for this project are estimated to be $2,30
Somerdale Borough Roadway Improvements
NJTB  October 18th, 2023
Somerdale Borough Roadway Improvements
Somerdale 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 DOT and the NJ I-Bank. Total savings for this project are estimated to be $164,852 over the 10-year te
City of Bayonne 2021 Roadway Improvements
NJTB  September 20th, 2023
City of Bayonne 2021 Roadway Improvements
The City of Bayonne recently completed roadway improvements that are being financed with approximately $1.6 million in loans from the NJ Transportation Bank, a low-rate funding program administered jointly by the DOT and the NJ I-Bank. Total savings for this project are estimated to be $423,979 over
NJ Transportation Bank announced recipients of fund allocations totaling $26.1 million for the fourth quarter of SFY 2023!
NJTB  April 25th, 2023
NJ Transportation Bank announced recipients of fund allocations totaling $26.1 million for the fourth quarter of SFY 2023!
NJ Transportation Bank announced recipients of fund allocations totaling $26.1 million for the fourth quarter of SFY 2023!Orange City, a third time borrower, has been allocated $8,484,000 for a road redesign on Main Street. Robbinsville Township, a second time borrower, has been allocated $2,97
Transportation Bank SFY 2023-Q3 Allocations
NJTB  January 31st, 2023
Transportation Bank SFY 2023-Q3 Allocations
NJ Transportation Bank announced recipients of fund allocations totaling $14.3 million for the third quarter of SFY 2023!Hoboken City has been allocated $6,388,267 for a road redesign on Sinatra Drive. Orange City has been allocated $1,868,500 for traffic lights.Mendham Township has been alloca
NJ Transportation Bank announces recipients of fund allocations totaling $13.80 million for the first quarter of 2023!
NJTB  July 12th, 2022
NJ Transportation Bank announces recipients of fund allocations totaling $13.80 million for the first quarter of 2023!
Princeton has been allocated $8,201,200 for Phase 2 of Witherspoon Street Improvements.Robbinsville Township has been allocated $2,299,409 for Newton Village Improvements.Marlboro Township has been allocated $3,300,781 for its 2022 road improvement program.These allocations are based on each project
Bayonne City Loan Closing
NJTB  July 5th, 2022
Bayonne City Loan Closing
Bayonne City recently closed on a $1,628,903 loan with the New Jersey Transportation Bank for the resurfacing and reconstruction of West Fourth Street, West Ninth Street, West 11th Street, East 18th Street, West 38th Street, West 39th Street, Avenue A, and Prospect Avenue.  
Flemington Borough Loan Closing
NJTB  June 24th, 2022
Flemington Borough Loan Closing
Flemington Borough recently closed on a $1,671,550 loan with Flemington Borough for road projects on Corcoran Street, South Main Street and Dewey Road. The scope of the work will include storm drainage reconstruction, curb construction and reconstruction, and a concrete sidewalk and driveway apron.
NJIB Forum Invitation for Available State Funds for Transportation Infrastructure Projects
NJTB  January 10th, 2022
NJIB Forum Invitation for Available State Funds for Transportation Infrastructure Projects
If 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 Independent Authority within the State of NJ that is appropriated tax-payer funds by the NJ Legislature
SFY2022 2nd Quarter Allocations
NJTB  October 15th, 2021
SFY2022 2nd Quarter Allocations
NJ 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 been allocated $1,522,575 for roadway improvements on Bloomfield Avenue and Academy Street.These allo
Borough of Little Silver Sidewalk Project Phase II
NJTB  July 28th, 2021
Borough of Little Silver Sidewalk Project Phase II
The Borough of Little Silver recently closed on a $2,518,496 construction loan with the NJ Transportation Bank to complete Phase II of its sidewalk project. This project will create a continuous network of sidewalks throughout the borough, providing safe pedestrian passage to three schools and to th
Hackensack Streetscape
NJTB  July 19th, 2021
Hackensack Streetscape
Hackensack City recently completed streetscape improvements that are being funded with approximately $3.9 million in loans from the NJ Transportation Bank, a joint low-rate financing program of the NJDOT and the I-Bank. The transportation project contributed to an estimated 47 direct construction jo
Atlantic County Roadway Improvements Loan Closing
NJTB  June 3rd, 2021
Atlantic County Roadway Improvements Loan Closing
Atlantic County recently completed roadway improvements that are being funded with approximately $11.6 million in loans from the NJ Transportation Bank, a joint low-rate funding program of the DOT and the NJ I-Bank. In addition, this project created an estimated 139 direct construction jobs.The proj
Raritan Township Loan Closing
NJTB  April 23rd, 2021
Raritan Township Loan Closing
Raritan Township recently closed on a $2,882,950 loan with the New Jersey Transportation Bank for Road resurfacing.The project will include approximately 3,100 linear feet of resurfacing on Hart Boulevard from Shefffield Station Road to Indian Plantation Road. This portion of the roadway has been de
Funding Allocations for 4th Quarter SFY2021!
NJTB  April 12th, 2021
Funding Allocations for 4th Quarter SFY2021!
NJ Transportation Bank announces the recipients of funding allocations for the 4th quarter of SFY2021!Camden County has been allocated $15,058,710 for the replacement of the White Horse Road Bridge over PATCO and NJ TRANSIT Rail Lines.Bloomfield Township has been allocated $6,980,703 for the 2021 Ro
NJ Transportation Bank announces recipients of fund allocations for the second quarter of SFY2021!
NJTB  October 16th, 2020
NJ Transportation Bank announces recipients of fund allocations for the second quarter of SFY2021!
1. Essex County has been allocated $5,172,537 for County bridge repairs in Harrison, East Newark and Newark. 2. Camden County has been allocated $3,546,114 for the reconstruction of 27th Street County Road 609. Roadway and streetscape improvements are proposed, including pavement, traffic signa
NJ Transportation Bank announces recipients of fund allocations for the first quarter of 2021!
NJTB  July 10th, 2020
NJ Transportation Bank announces recipients of fund allocations for the first quarter of 2021!
Cape May County has been allocated $4,219,322 to replace the County Road 619 Bridge over Great Channel.Orange City has been allocated $5,400,000 to improve the Main Street streetscape and traffic control.Raritan City has been allocated $2,822,950 for road resurfacing.These allocations are based on e
Bayonne City Loan Closing
NJTB  July 3rd, 2020
Bayonne City Loan Closing
The City of Bayonne recently closed on a $2,152,646 loan with the NJ Transportation Bank to replace a deteriorating pedestrian bridge along East 25th Street, spanning from Avenue E to Prospect Avenue.
City of Hackensack Loan Closing
NJTB  June 30th, 2020
City of Hackensack Loan Closing
The City of Hackensack recently closed on a $3,921,780 loan with the NJ Transportation Bank for a two-way conversion of Main Street from Atlantic to Mercer and Mercer to Berry. The Streetscape will include concrete sidewalks, a stone paver walkway, tree grates, benches, parking meters, decorative LE
NJ Transportation Bank announces recipients of fund allocations for the third quarter of SFY2020
NJTB  May 29th, 2020
NJ Transportation Bank announces recipients of fund allocations for the third quarter of SFY2020
NJ Transportation Bank announces recipients of fund allocations for the third quarter of SFY2020!Essex County has been allocated $2,691,650 for the replacement of Dougal Place Bridge over Kane Brook in West Caldwell, NJ.Bayonne City has been allocated $2,152,646 for a pedestrian bridge replacement o
Little Silver Borough Loan Closing
NJTB  March 20th, 2020
Little Silver Borough Loan Closing
The Borough of Little Silver recently closed on a $2.4 million loan with the NJ Water Bank to install pedestrian sidewalks on Harding Road, Prospect Avenue, Rumson Road, Seven Bridge Road, Little Silver Point Road, Silverside Avenue, Conover Place, Ocean Port Avenue, Willow Drive Kings Road, and Pin
NJ Transportation Bank announces recipients of fund allocations for the second quarter of SFY2020!
NJTB  October 10th, 2019
NJ Transportation Bank announces recipients of fund allocations for the second quarter of SFY2020!
NJ Transportation Bank announces recipients of fund allocations for the second quarter of SFY2020!Little Silver Borough has been allocated $2,518,496 for the second phase of a sidewalk project.Atlantic County has been allocated $11,615,000 for a pedestrian and traffic signal improvement system
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