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.
SHORT-TERM LOAN PROGRAM
INTEREST RATE
09/01/2024 - 09/30/2024
only on dollars drawn.
RECENT ARTICLES View all
September 11th, 2024 NJWB
BURLINGTON CITY WATER TOWER REHABBurlington City recently closed on a $1,755,571 loan with the NJ Water Bank to rehabilitate the Broad Street Water Tower. Due to the high organic cont...
Read MoreSeptember 6th, 2024 NJWB
BROOKWOOD MUSCONETCONG RIVER PROPERTY OWNERS ASSOCIATION TOWER PAINTING & METER SYSTEMThe Brookwood Musconetcong River Property Owners Association recently closed on a $1,000,000 loan with the NJ Water Bank to paint the 100,00...
Read MoreSeptember 1st, 2024 NJWB
NORTH BERGEN MUA CSO TANKThe North Bergen Municipal Utilities Authority recently closed on a $21,500,000 loan with the NJ Water Bank to install a 5-million-gallon CSO tank to ...
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
CONTACT US
Have a question? Want more information?
Send us an email. Give us a call. We'd love to hear from you!
Phone Numbers
NJIB
609-219-8600
NJ Water Bank
609-219-8601
Address
3131 Princeton Pike
Building 4 Suite 216
Lawrenceville, NJ 08648
LOCATION
