Lakewood 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 industrial processes and can penetrate the water supply, affecting drinking water quality. This project

NJ I-Bank Seminar SeriesThursday, April 18, 2024RegisterWater Bank9:00 AM to 12:00PMTransportation Bank:1:00 PM to 4:00 PMTuesday, April 23, 2024RegisterTransportation Bank:9:00 AM to 12:00 PMWater Bank:1:00 PM to 4:00 PM Learn about program and financing changes coming in SFY2025Breakout sessi

Bordentown 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 City. The meters will provide a more accurate indication of water usage and will be used to determin

Lake 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 commonly used in a wide range of industrial processes and is found in many consumer products. PFAS ca

Middlesex 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. This is the third of several phases to address deterioration within the pipeline, most of which was co

The 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 of deterioration from moderate to severe. Manholes showing signs of moderate deterioration are schedu

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 program jointly administered by the DEP and the NJ I-Bank. Including interest cost savings, total saving

Passaic Valley Sewerage Commission ("PVSC") recently closed on a $22,214,031 loan with the NJ Water Bank to purchase and install a fifth centrifuge. Centrifugal thickening and dewatering of sewage sludge is a high speed process that uses the force from rapid rotation of a cylindrical bowl to separat

The Musconetcong Sewerage Authority("MSA") recently closed on a $2,411,067 loan with the NJ Water Bank for improvements to its wastewater treatment plant, including the replacement of the HVAC systems in the Service Building and the roof systems at multiple buildings on site. 

Elizabeth City recently closed on a $16,500,000 loan with the NJ Water Bank to improve drainage near South Second Street and related improvement at the intersection of Third Avenue and Atlantic Street. The City of Elizabeth has a combined sewer system which often experiences overflow events leading

Rutgers and University Hospital, Newark (Hospital), recently completed clean water and energy efficiency improvements that are being financed with approximately $7 million in loans from the NJ Water Bank, a low-rate funding pro-gram jointly administered by the DEP and the NJ I-Bank. Including intere

The Borough has been allocated $6,374,514 for the milling and resurfacing of various streets. Uneven manhole and inlet castings will be reset or reconstructed as needed. Antiquated inlet grates and curb heads will be replaced with bicycle safe and NJDEP approved versions. Existing trees that are upr

Fieldsboro Borough recently closed on a $1,700,000 loan with the NJ Water Bank to line the sanitary sewer. The project scope will include closed circuit TV and cleaning as needed; approximately 6,700 linear feet of cured in place sanitary sewer main lining; sanitary sewer lateral lining in approxima

The Bergen County Utilities Authority recently closed on a $75,000,000 loan with the NJ Water Bank to consolidate the Edgewater Little Ferry Service areas by converting the Edgewater Water Pollution Control Facility ("WPCF") to a pumping station and diverting its service to the Little Ferry WPCF. Th

The Borough of Prospect Park recently closed on a $600,500 loan from the New Jersey Transportation Bank Financing Program, a low-rate funding program administered jointly by the New Jersey Department of Transportation ("NJDOT") and the New Jersey Infrastructure Bank ("I-Bank"). After resurfacin

The North Hudson Sewerage Authority ("NHSA") recently completed green infrastructure improvements that are being financed with approximately $547,350 in loans from the NJ Water Bank, a low-rate funding program jointly administered by the DEP and the NJ I-Bank. This project received $270,965 in princ

Two Rivers Water Reclamation Authority ("TRWRA") recently closed on a $123,272,021 loan with the NJ Water Bank for a new main pump station. The 50-year-old sewer crossing under Pleasure Bay is internally corroded with cracks in the interceptor creating an increased risk of failure. The 50-year-old M

NJ Transportation Bank announced an allocation of transportation funds to one recipient for the third quarter of SFY2024!Cape May County has been allocated $19,190,000 for a bridge replacement on Stone Harbor Blvd over Great Channel. The Bascule span will be replaced, and the precast concrete box be

Tuckerton Borough recently completed wastewater improvements that are being financed with approximately $1,762,915 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 estimat

Ridgefield Park Village recently closed on a $8,000,000 loan with the NJ Water Bank to create a Long-Term Control Plan (LTCP) for localized sewer separation. This project will mitigate combined sewer overflows (CSO)'s by providing stormwater discharge storage during peak rain events.

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