The Bergen County Utilities Authority recently closed on a $57,000,000 loan with the New Jersey Water Bank to protect the plant and high value power supply assets using a Biogas Powered Electric Microgrid (BPEMG). Power supply assets include the Switchgear Building Vault, the CoGen Building and the

Point Pleasant Beach Borough recently closed on a $2,540,000 loan with the New Jersey Water Bank for a water main replacement on Ocean Avenue which is believed to have been installed in 1924. In accordance with the asset management plan, approximately 9,700 linear feet of 6-inch water main will be r

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

The Middlesex County Utilities Authority (MCUA) recently completed clean water improvements that are being long-term financed with approximately $22 million in loans from the NJ Water Bank, a joint low-rate funding program of the DEP and the NJ I-Bank. Including interest cost savings, total savings

Joseph Cryan, Executive Director of the Middlesex County Utilities Authority (MCUA) opened a ribbon cutting ceremony on June 22, 2021, by observing that the gray and rainy weather was appropriate to commemorate the rehabilitation of a pump station devastated by the aftereffects of Superstorm Sandy i

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