NEWS (LOAN CLOSING)
July 6th, 2023 NJIB
ESSEX FELLS BOROUGH PFAS TREATMENT LOANEssex Fells Borough recently closed on a $5,400,000 loan with the NJ Water Bank to address excessive levels of PFAS and PFOS. This group of chemi...
Read MoreJuly 3rd, 2023 NJIB
CCMUA BAR SCREEN & GRIT SYSTEM UPGRADESThe Camden County Municipal Utilities Authority ("CCMUA") recently closed on a $15,6500,000 loan with the NJ Water Bank to replace critical equipment....
Read MoreJuly 3rd, 2023 NJIB
HACKENSACK CITY ANDERSON DRAINAGE AREA SEWER SEPARATIONThe City of Hackensack recently closed on a $10,965,153 loan with the NJ Water Bank to design and install new separated storm and sanitary sewers and ...
Read MoreJuly 3rd, 2023 NJIB
ATLANTIC CITY MUA WATER METER AND MTU REPLACEMENTThe Atlantic City MUA ("Authority") recently closed on a $1,955,044 loan with the NJ Water Bank to upgrade or replace approximately 6500 Automatic Meter Readers ("AMR") and Meter Transmission units th...
July 3rd, 2023 NJIB
NEWTON TOWN MEMORY PARK DRAINAGE IMPROVEMENTSNewton Town recently closed on a $981,835 loan with the NJ Water Bank to implement Drainage Improvements for Babe Ruth League Baseball Field in Memory Park. The park lacks proper drainage, resulting i...
June 30th, 2023 NJIB
STONE HARBOR BOROUGH WATER MAIN REPLACEMENTStone Harbor Borough recently closed on a $5,943,971 loan with the NJ Water Bank for the replacement of approximately 12,640 linear feet (LF) of undersized and deteriorating 6- and 8-inch diameter asb...
June 30th, 2023 NJIB
HO-HO-KUS PFAS WATER TREATMENT SYSTEMHo-Ho-Kus Borough recently closed on a $3,700,000 loan with the NJ Water Bank to address excessive levels of PFAS and PFOS that can penetrate the water supply and affect drinking water quality. This p...
June 30th, 2023 NJIB
RED BANK BOROUGH LEAD SERVICE LINE REPLACEMENTRed Bank Borough recently closed on an $3,241,647 loan with the NJ Water Bank to identify and replace lead service lines within the borough. The borough aims to identify all unknown service lines by t...
June 29th, 2023 NJIB
TRENTON CITY METER REPLACEMENT AND AMI PROJECTThe City of Trenton recently closed on a $20,000,000 loan with the NJ Water Bank to replace all of Trenton Water Works water meters with advanced metering infrastructure ("AMI") over a seven-year peri...
June 29th, 2023 NJIB
JERSEY CITY MUA LEAD SERVICE LINE REPLACEMENT LOANThe Jersey City MUA recently closed on a $311,040 loan with the NJ Water Bank to replace approximately 16,000 lead service lines between 2022 and 2031 to comply with the new Lead and Copper Rule Revis...
