FUNDING ALLOCATIONS FOR 4TH QUARTER SFY2021!

NJ Transportation Bank announces the recipients of funding allocations for the 4th quarter of SFY2021!

  1. Camden County has been allocated $15,058,710 for the replacement of the White Horse Road Bridge over PATCO and NJ TRANSIT Rail Lines.
  2. Bloomfield Township has been allocated $6,980,703 for the 2021 Roadway Reconstruction Program.
  3. Raritan Township has been allocated $789,207 for the Case Blvd Reconstruction.
  4. Orange City has been allocated $1,868,500 for its 2021 traffic lights project.  The City has also been allocated an additional $1,212,000 for its Main Street Streetscape and Traffic Control project, which had been originally allocated in SFY2021-Q1.
  5. Bayonne City has received an additional allocation of $768,584 for the E. 25th Street Pedestrian Bridge Replacement, which had been originally allocated in SFY2020-Q3.

These allocations are based on each project's ranking on the Transportation Bank Project Priority List, as determined by the NJDOT's ranking methodology, as well as the project's readiness to proceed, and are subject to availability of Program funds as well as the Project Sponsor's agreement with the project's Scheduled Award Date.

 

For more information, contact the New Jersey Infrastructure Bank at (609) 219-8600.

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