OUR MISSION
The New Jersey Infrastructure Bank is an independent State Financing Authority responsible for providing and administering low interest rate loans to qualified municipalities, counties, regional authorities, and water purveyors in New Jersey for the purpose of financing water quality infrastructure projects that enhance ground and surface water resources, ensure the safety of drinking water supplies, protect the public health and make possible responsible and sustainable economic development.
CONSTRUCTION LOAN PROGRAM
INTEREST RATE
08/01/2021 - 08/31/2021
on dollars drawn.
RECENT ARTICLES View all
July 29th, 2021
BERGEN COUNTY UA LOAN CLOSINGThe 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 s...
Read MoreJuly 26th, 2021
MIDDLESEX COUNTY UTILITIES AUTHORITY SAYREVILLE PUMP STATION RESTORATIONThe Middlesex County Utilities Authority (MCUA) recently completed clean water improvements that are being long-term financed with approximately $22 m...
Read MoreJuly 22nd, 2021
MCUA SAYREVILLE PUMP STATION RIBBON CUTTINGJoseph Cryan, Executive Director of the Middlesex County Utilities Authority (MCUA) opened a ribbon cutting ceremony on June 22, 2021, by observing th...
Read MoreOUR SERVICES
FUN FACTS
TOTAL LOANS:
More than
$7,622,000,000
since 1987
TOTAL SAVINGS:
Ratepayers have saved
$2,759,103,290
since 1987
ESTABLISHED:
Serving NJ's water infrastructure for
34 years
SYSTEMS SERVED:
317
Water systems
CURRENT DEMAND:
372
Applicants in SFY 2018 requesting
$3,430,000,000
INTEREST GRANTS:
Avg H2LOans borrower saves over
$500,000
in interest expense per
$1,000,000
borrowed
SIMPLE STATS
1,416 LOANS PROVIDED
1,666 PROJECTS CONSTRUCTED
71.61% CLEAN WATER PROJECTS
28.39% DRINKING WATER PROJECTS
HELPFUL LINKS
LOCATION
