NEWS
March 27th, 2024 NJIB
CITY OF BAYONNE STORMWATER MANAGEMENT AND FRANCIS G. FITZPATRICK PARK IMPROVEMENTSThe City of Bayonne recently completed clean water improvements to its stormwater system that are being financed with approximately $2 million in loan...
Read MoreMarch 8th, 2024 NJIB
HAMILTON TOWNSHIP LOAN CLOSINGHamilton Township recently closed on a $2,563,974 loan with the NJ Water Bank to replace components at its Water Pollution Control Plant (WPCP). A rot...
Read MoreMarch 8th, 2024 NJIB
ROBBINSVILLE TOWNSHIP TRANSPORTATION BANK LOANRobbinsville Township recently closed on a $2,000,000 loan with the NJ Transportation Bank for improvements to Newton Village. All roads within the pr...
Read MoreFebruary 29th, 2024 NJIB
LAKEWOOD TOWNSHIP MUA GAC FILTER LOANLakewood Township MUA ("LTMUA") recently closed on a $12,060,4218 loan with the NJ Water Bank to address excessive levels of PFOS. This group of chemicals is commonly used in a wide range of indu...
February 29th, 2024 NJIB
VERONA TOWNSHIP LOAN CLOSINGVerona Township recently closed on a $2,330,613 loan with the NJ Water Bank to upgrade the Linn Drive well treatment facility to address PFAS and arsenic in the water supply. This project will bring t...
February 8th, 2024 NJIB
BORDENTOWN CITY WATER METER REPLACEMENTBordentown City recently closed on a $3,005,546 loan with the NJ Water Bank to replace approximately 5,760 flow meters for water supply to residential and commercial properties serviced by Bordentown ...
February 7th, 2024 NJIB
LAKE STOCKHOLM SYSTEMS, INC. PFAS/PFOS REMOVALLake Stockholm Systems, Inc., recently closed on a $1,687,832 loan with the NJ Water Bank to address excessive levels of per- and polyfluoroalkyl substances ("PFAS"). This group of chemicals is c...
February 1st, 2024 NJIB
MCUA MAIN TRUNK SEWER & METER CHAMBER REHABMiddlesex County Utilities Authority ("MCUA") recently closed on an $26,000,000 loan with the NJ Water Bank to rehabilitate part of the Main Trunk Sewer (MTS) on the north side of the service area. Th...
January 31st, 2024 NJIB
RUTGERS UNIVERSITY RECEIVES $30 MILLION IN WATER BANK LOANS SAVING RATEPAYERS APPROXIMATELY $8.5 MILLION.Rutgers, the State University of New Jersey, recently completed clean water improvements that are being financed with approximately $30 million in loans from the NJ Water Bank, a low-rate funding prog...
January 31st, 2024 NJIB
BRICK TOWNSHIP MUA SANITARY SEWER MANHOLE REPLACEMENTThe Brick Township MUA recently closed on a $7,581,767 loan with the NJ Water Bank to rehabilitate and/or replace 74 sanitary sewer manholes throughout Brick Township. The manholes are showing signs o...
