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LATEST NEWS & ANNOUNCEMENTS

Explore the latest news, announcements, and updates from the New Jersey Infrastructure Bank.

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Two Rivers Water Reclamation Authority New Main Pump Station
NJWB January 10th, 2024
Two Rivers Water Reclamation Authority New Main Pump Station
SFY2024 Third Quarter Transportation Bank Allocations
NJTB January 8th, 2024
SFY2024 Third Quarter Transportation Bank Allocations
Tuckerton Borough Sanitary Sewer System Rehab
NJWB January 3rd, 2024
Tuckerton Borough Sanitary Sewer System Rehab
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Princeton Witherspoon Street Improvements
NJTB  December 15th, 2023
Princeton Witherspoon Street Improvements
Princeton recently closed on an $6,934,000 loan with the NJ Transportation Bank to address pedestrian hazards on Witherspoon Street. Improvements include concrete sidewalks on both sides of the road, with ADA-ramps and crosswalks. All of the curb ramps will be reconstructed with cast iron detectable
Willingboro Township Road Asset Loan Closing
NJTB  December 14th, 2023
Willingboro Township Road Asset Loan Closing
The Township of Willingboro recently closed on a $3,586,334 loan with the NJ Transportation Bank to improve roadways in the township. RoadBotics is a tool that collects images of road networks, analyzes the data, and generates a color-coded map on an online platform. The Township of Willingboro and
North Hudson Combined Sewer LTCP
NJWB  December 13th, 2023
North Hudson Combined Sewer LTCP
The North Hudson Sewerage Authority ("NHSA") recently completed CSO improvements that are being financed with approximately $3.8 million in loans from the NJ Water Bank, a low-rate funding program jointly administered by the DEP and the NJ I-Bank. Because this project addressed combined sewer overfl
Camden County MUA Two Loan Closings
NJWB  December 11th, 2023
Camden County MUA Two Loan Closings
The Camden County Municipal Utilities Authority recently closed on two loans for clean water projects totaling $15,972,973. One project financed the purchase of a new portable emergency generator, and the upgrade of its deteriorating electrical systems including the switch gear, at four of its exist
Gloucester County Utilities Authority CHP Loan Closing
NJWB  December 11th, 2023
Gloucester County Utilities Authority CHP Loan Closing
The Gloucester County Utilities Authority recently closed on a $13,848,103 loan with the NJ Water Bank to finance a combined heat and power cogeneration system for the anaerobic digesters. Biogas generated through the digestion process will be collected, processed through a gas conditioning system,
East Orange City Crossings at Brick Church Loan
NJWB  December 11th, 2023
East Orange City Crossings at Brick Church Loan
East Orange City recently closed on a $10,500,000 loan with the New Jersey Water Bank for proposed water quality improvements at the Crossings at Brick Church. The site is currently designated as a Brownfield site and the water facilities in and around the project are substandard and in need of reha
ACUA Ventnor-Margate Force Main Replacement
NJWB  December 6th, 2023
ACUA Ventnor-Margate Force Main Replacement
The Atlantic County Utilities Authority ("ACUA") recently completed a sewer force main replacement project that is being financed with approximately $10 million in loans from the NJ Water Bank, a low-rate funding program jointly administered by the DEP and the NJ I-Bank. Since the project's service
Little Ferry Borough Loan Closing
NJTB  November 30th, 2023
Little Ferry Borough Loan Closing
Little Ferry Borough recently closed on a $1,457,834 loan with the NJ Transportation Bank for Roadway improvements. The project will be designed and managed by Remington Vernick Engineers and constructed by Reggio Construction, Inc.
Hoboken City Sinatra Drive Redesign
NJTB  November 29th, 2023
Hoboken City Sinatra Drive Redesign
Hoboken City recently closed on a $6,388,267 loan with the NJ Transportation Bank to redesign Sinatra Drive. The project will improve pedestrian safety by installing five painted curb extensions near Stevens Park, four high visibility crosswalks with ADA-compliant curb ramps, and new pavement markin
Camden City PFAS Treatment Improvements at Morris-Delair Water Treatment Plant
NJWB  November 17th, 2023
Camden City PFAS Treatment Improvements at Morris-Delair Water Treatment Plant
The City of Camden recently closed on a $55,000,000 loan with the NJ Water Bank to upgrade its Morris Delair potable drinking water treatment facility ("Plant"). Perfluoro octane sulfonic acid (PFOS) is one of a group of related chemicals known as perfluorinated alkylated substances (PFAS). These ch
Ocean County Utilities Authority Loan Closing
NJWB  November 16th, 2023
Ocean County Utilities Authority Loan Closing
The Ocean County Utilities Authority recently closed on a $2,210,039 loan with the NJ Water Bank to upgrade components at the Southern Water Pollution Control Facility. In 1988, an 85-foot diameter secondary digester was converted to a storage tank now identified as the Thickened Sludge Storage and
Runnemede Sanitary Sewer Extension and Pump Station
NJWB  November 15th, 2023
Runnemede Sanitary Sewer Extension and Pump Station
Runnemede Borough recently closed on a $7,250,500 loan with the NJ Water Bank to provide wastewater conveyance for approximately 94 residences. Properties on Davis, Evergreen, Sunnybrook, and Sunset Roads are currently using septic systems many of which are nearing the end of their useful lives. Thi
JMEUC Biosolids Facility Pump Station
NJWB  November 10th, 2023
JMEUC Biosolids Facility Pump Station
The Joint Meeting of Essex and Union Counties (JMEUC) recently closed on a $10,775,000 loan with the NJ Water Bank to construct the Biosolids Facility Storm Water Pump Station. The work proposed includes a below grade wet well, three submersible stormwater pumps, discharge piping, connecti
JMEUC Biosolids Facility Site Wall
NJWB  November 9th, 2023
JMEUC Biosolids Facility Site Wall
The Joint Meeting of Essex and Union Counties (JMEUC) recently closed on a $28,380,000 loan with the NJ Water Bank to construct reinforced flood walls around the biosolids facility. The installation includes flood gates for vehicular access and the construction of stormwater facilities to
Middlesex County Utilities Authority Return Sludge Pump Station Loan
NJWB  November 8th, 2023
Middlesex County Utilities Authority Return Sludge Pump Station Loan
The Middlesex County Utilities Authority recently closed on a $23,066,519 loan with the NJ Water Bank to rehabilitate four return sludge pump stations (RSPS). The work includes replacing approximately 20 butterfly valves with plug valves on the return and waste sludge piping at each of the four RSPS
Orange City Roadway Improvements
NJTB  November 1st, 2023
Orange City Roadway Improvements
The City of Orange Township recently completed roadway improvements that are being financed with approximately $8.6 million in loans from the NJ Transportation Bank, a low-rate funding program administered jointly by the DOT and the NJ I-Bank. Total savings for this project are estimated to be $2,30
Stafford Township Beach Haven West Sanitary Sewer Rehab
NJWB  October 25th, 2023
Stafford Township Beach Haven West Sanitary Sewer Rehab
Stafford Township recently completed clean water improvements that are being financed with approximately $3 million in loans from the NJ Water Bank, a low-rate funding program jointly administered by the DEP and the NJ I-Bank. Including interest cost savings, total savings for this project is estima
North Hudson SA Sewer Separation
NJWB  October 19th, 2023
North Hudson SA Sewer Separation
North Hudson Sewer Authority recently closed on a $53,500,000 loan with the NJ Water Bank to separate two sewers in Hoboken City. Phase 2 of this project constructed the force main and a section of the new stormwater gravity sewer. The current, Phase 3, will construct the new storm sewer throughout
North Brunswick Township Sanitary Sewer Improvements
NJWB  October 19th, 2023
North Brunswick Township Sanitary Sewer Improvements
North Brunswick Township recently closed on a $2,828,349 loan with the NJ Water Bank to replace the sanitary sewer main along Livingston Avenue. The existing sanitary sewer mains consist of 8- and I0-inch diameter clay pipes with severe root intrusion resulting in blockages. Video inspection of the
Somerdale Borough Roadway Improvements
NJTB  October 18th, 2023
Somerdale Borough Roadway Improvements
Somerdale Borough recently completed roadway improvements that are being financed with a $2.1 million loan from the NJ Transportation Bank, a low-rate funding program administered jointly by the NJ DOT and the NJ I-Bank. Total savings for this project are estimated to be $164,852 over the 10-year te
PVSC Wallington Pump Station Rehab
NJWB  October 12th, 2023
PVSC Wallington Pump Station Rehab
The Passaic Valley Sewerage Commission recently closed on a 23,477,201 loan with the NJ Water Bank to rehabilitate the Wallington Pump Station. While interim modifications have been made since its original construction in 1924, the basic structure and facility have remained unchanged for nearly sixt
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