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
01/01/2021 - 03/31/2021
on dollars drawn.
RECENT ARTICLES View all
March 03rd, 2021
PROJECT OF THE WEEK: TOMS RIVER MUA EQUIPMENT PURCHASEThe Toms River Municipal Utility Authority (TRMUA) recently finalized the purchase of a clean water program vehicle that is being financed with approx...
Read MoreFebruary 25th, 2021
TOMS RIVER MUA LOAN CLOSINGToms River Municipal Utilities Authority (TRMUA) recently closed on a $1,176,926 loan with the New Jersey Water Bank to purchase a replacement dump tr...
Read MoreFebruary 24th, 2021
PROJECT OF THE WEEK: MONTCLAIR TOWNSHIP SANITARY SEWER COLLECTION SYSTEM REHABILITATIONMontclair Township recently completed drinking water improvements that are being funded with approximately $1.4 million in loans from the NJ Water Ban...
Read MoreOUR SERVICES
FUN FACTS
TOTAL LOANS:
More than
$7,200,000,000
since 1987
TOTAL SAVINGS:
Ratepayers have saved
$2,372,000,000
since 1987
ESTABLISHED:
Serving NJ's water infrastructure for
31 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
1,304 LOANS PROVIDED
1,400 PROJECTS CONSTRUCTED
60% CLEAN WATER PROJECTS
40% DRINKING WATER PROJECTS
HELPFUL LINKS
LOCATION
