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
01/01/2020 - 03/31/2020
on dollars drawn.
RECENT ARTICLES View all
January 16th, 2020
WARREN TOWNSHIP SEWERAGE AUTHORITY LOAN CLOSINGThe Warren Township Sewerage Authority recently closed on a $3,000,000 loan with the NJ Water Bank to rehabilitate the sewer collection system and red...
Read MoreJanuary 16th, 2020
SOMERSET RARITAN VALLEY SA LOAN CLOSINGThe Somerset Raritan Valley Sewerage Authority (SRVSA) recently closed on a $5,144,453 loan with the NJ Water Bank for the planning, design and constr...
Read MoreJanuary 09th, 2020
NORTH HUDSON SA LOAN CLOSINGThe North Hudson Sewerage Authority recently closed on a $547,350 loan with the NJ Water Bank to construct green infrastructure (GI. The project will ...
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
