Release of latest I-Bank Bulletin (No. 25-01) 

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NEW JERSEY WATER BANK

SHORT-TERM LOAN PROGRAM
0.49% APR

08/01/2025     08/31/2025
only on dollars drawn.

Short-Term loan rate with

INTEREST RATE CREDIT
0.29% 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.

FUN FACTS

Total Loans

$11.49 billion invested: $8.92 billion in long-term projects and $2.57 billion in short-term efforts.

Total Savings

Saved $3.26 billion - or 37% - on long-term financing costs.

Established

Serving NJ's Water infrastructure for 38 years.

Systems Served

441 Water systems as of June 30, 2024.

Current Demand

926 Projects in SFY2025 requesting $10,920,912,191.

Jobs Created

169,200 direct, one-year construction jobs.

SIMPLE STATS

2,165 Loans Provided
1,845 Projects Constructed
72.10% Clean Water Projects
28.82% 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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