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NEWS (2020)

CITY OF HOBOKEN LOAN CLOSING

The City of Hoboken recently closed on a $6,196,314 loan with the NJ Water Bank to replace approximately 8,510 linear feet of undersized and/or deteri...

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TOMS RIVER MUA LOAN CLOSING

The Toms River Municipal Utilities Authority (TRMUA) recently closed on a $3.1 million loan with the NJ Water Bank for sanitary sewer rehabilitation. ...

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BLOOMFIELD TOWNSHIP LOAN CLOSING

The Township of Bloomfield recently closed on a $284,747 loan with the NJ Water Bank to replace their existing distribution system water meters that h...

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NEWARK CITY LOAN CLOSING

The City of Newark recently closed on a $4.2 Million loan with the NJ Water Bank to alleviate combined Sewer overflows (CSOs). During wet weather, the combination of storm water and wastewater in the ...

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MOORESTOWN TOWNSHIP LOAN CLOSING

Moorestown Township recently closed on a $20,880,000 loan with the NJ Water Bank to upgrade the North Church Street Water Treatment Plant (WTP). The project entails the rehabilitation and upgrade of t...

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GLEN RIDGE BOROUGH LEAD LINE & FIRE HYDRANT REPLACEMENT

The Borough of Glen Ridge Water Department (the Borough) recently closed on a $2,367,744 loan with the NJ Water Bank to replace approximately 651 existing residential lead service lines and 15 fire hy...

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EAST ORANGE CITY WATER COMMISSION LOAN CLOSING

The East Orange Water Commission recently closed on a $23,100,000 loan with the NJ Water Bank to finance water system improvements at the White Oak Ridge Pumping Station (WORPS), including water main ...

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LITTLE EGG HARBOR MUA LOAN CLOSING

The Little Egg Harbor Municipal Utilities Authority recently closed on a $1,095,374 loan with the NJ Water Bank to replace deteriorated water mains on Mystic Island along East & West Mohawk Drive,...

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SPOTSWOOD BOROUGH LOAN CLOSING

Spotswood Borough recently closed on a $730,010 loan with the NJ Water Bank to finance the installation of approximately 4,000 linear feet of 6" Ductile Iron Pipe water main to replace the Borough's e...

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NEWARK CITY PEQUANNOCK WATER TREATMENT PLANT IMPROVEMENTS

The City of Newark recently completed drinking water improvements that are being funded with approximately $12.5 million in loans from the NJ Water Bank, a joint low-rate funding program of the DEP an...

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