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NEW JERSEY WATER BANK

SHORT-TERM LOAN PROGRAM
.50% APR

11/01/2024     11/30/2024
only on dollars drawn.

INTEREST RATE CREDIT
.20% APR
 Click here for more information.

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.

"We replaced all our lead service lines in Newark by strategizing with Water Bank Staff to maximize Principal Forgiveness."
Kareem K. Adeem, Director
City of Newark, Department of Water & Sewer Utilities
The New Jersey Water Bank provides low cost State funds and assistance for water infrastructure projects.
Thanks to a combination of low interest rates and other cost saving features, the Financing Program has saved New Jersey ratepayers and taxpayers over $2.58 billion.

RECENT ARTICLES View all

LITTLE EGG HARBOR MUA SEWER MAIN REPLACEMENT

The Little Egg Harbor MUA ("LEHMUA") recently closed on a $3,476,398 loan with the NJ Water Bank to replace a faulty sewer main. The LEHMUA has e...

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SMRSA BRIELLE & GLIMMER GLASS PUMP STATION UPGRADES

South Monmouth Regional Sewerage Authority ("SMRSA") recently completed infrastructure improvements that are being financed with approximately $877,98...

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BLOOMFIELD TOWNSHIP LEAD LINE REPLACEMENT

Bloomfield Township recently closed on a $8 million loan with the NJ Water Bank to identify and replace lead service lines to address elevated lead le...

Read More

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

CONTACT US

Have a question? Want more information?
Send us an email. Give us a call. We'd love to hear from you!

General Information

Borrower Audit Report Submission

NJ Water Bank

Technical Support for H2Loans

Phone Numbers
NJIB

609-219-8600

NJ Water Bank

609-219-8601

Address

3131 Princeton Pike
Building 4 Suite 216
Lawrenceville, NJ 08648

LOCATION

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NEW JERSEY  WATER BANK