January 31st, 2023 NJIB
TRANSPORTATION BANK SFY 2023-Q3 ALLOCATIONS
NJ I-Bank and NJDOT Helping to Improve New Jersey's Infrastructure, One Project at a Time
NJ Transportation Bank announced recipients of fund allocations totaling $14.3 million for the third quarter of SFY 2023!
Hoboken City has been allocated $6,388,267 for a road redesign on Sinatra Drive.
- Orange City has been allocated $1,868,500 for traffic lights.
- Mendham Township has been allocated $2,476,197 for road improvements.
- Camden City has been allocated $3,546,114 for the reconstruction of 27th Street (County Road 609).
These allocations are based on each project's ranking on the Transportation Bank Project Priority List as supplied by NJ DOT as well as the project's readiness to proceed and are subject to the confirmation of project schedules.
For more information, contact the New Jersey Infrastructure Bank at (609) 219-8600.
