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

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

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 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 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.

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

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

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 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 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 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

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

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

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

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.

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!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

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!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

The New Jersey Infrastructure Bank ("I-Bank") is accepting applications from interested parties to fill positions on its recently approved Transportation Bank Engineering Advisory Committee. The I-Bank's Engineering Advisory Committee provides a forum for the exchange of information and viewpoints o

The New Jersey Infrastructure Bank ("I-Bank") is accepting applications from interested parties to fill positions on its recently approved Transportation Bank Engineering Advisory Committee. The I-Bank's Engineering Advisory Committee provides a forum for the exchange of information and viewpoints o

Click here to download our presentation regarding the NJIB/NJDOT TIFIA Rural Project Fund Program. 

The Borough of Little Silver recently closed on a $459,000 construction loan with the NJ Transportation Bank to replace broken sidewalks along the west side of Branch Avenue connecting to the Little Silver Train Station, a stop on the NJ Transit Coast Line. This project was designed and ma

Essex County recently closed on a $1,724,193 construction loan from the NJ Transportation Bank, a joint low-rate financing program of the NJDOT and the NJ I-Bank, to replace the New Dutch Lane Bridge over Deepavaal Brook in Fairfield, NJ.  The two-span structure was constructed in 1940 and cons

CITY OF ORANGE, NJ - The City of Orange announced that it recently received a $9.9 million low-interest rate loan from the NJ Transportation Bank to construct roadway improvements on a number of streets throughout the city.  The City of Orange worked closely with Pennoni Associates, Inc., a mul