NEWS (LOAN CLOSING)

February 6th, 2023 NJIB

The City of Newark recently closed on a $3.8 million loan with the NJ Water Bank for the construction of a floatables control netting facility at the Peddie CSO. The project was designed to replace th...

December 20th, 2022 NJIB

Mount Arlington Borough recently closed on two loans with the New Jersey Water Bank. One loan for $479,456 is for the purchase of a street sweeper to improve water quality in the Borough. The street s...

December 12th, 2022 NJIB

Highlands Borough recently closed on an $8,329,712 loan with the NJ Water Bank to improve coastal community water quality. The existing sanitary sewer system in the borough consists of vitrified clay ...

November 11th, 2022 NJIB

The Willingboro MUA recently closed on a $6,561,021 loan with the New Jersey Water Bank to upgrade its 2.0 MGD water treatment plant to remove PFOS/PFAS from Well 5A raw water. The upgrade will i...

November 10th, 2022 NJIB

Stafford Township recently closed on a $3,575,000 loan with the New Jersey Water Bank to remove and replace approximately 9,200 linear feet of asbestos concrete pipe sanitary sewer mains in the Beach ...

October 31st, 2022 NJIB

The Passaic Valley Sewerage Commission recently closed on a $4,120,254 loan with the NJ Water Bank to implement plantwide SCADA improvements. The work involves replacing existing control equipment tha...

October 10th, 2022 NJIB

South Orange Village recently closed on a $2.7 million loan with the New Jersey Water Bank to implement Advanced Metering Infrastructure (AMI). Because most of the South Orange Village water meters ar...