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
10/01/2024 - 10/31/2024
only on dollars drawn.
RECENT ARTICLES View all
October 18th, 2024 NJWB
BLOOMFIELD TOWNSHIP LEAD LINE REPLACEMENTBloomfield 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 MoreOctober 16th, 2024 NJWB
MOUNT LAUREL TOWNSHIP MUNICIPAL UTILITIES AUTHORITY - WATER POLLUTION CONTROL FACILITY DEWATERING BUILDINGThe Mount Laurel Township MUA recently closed on a $4,832,547 loan with the NJ Water Bank to implement equipment upgrades in the sludge dewatering bui...
Read MoreOctober 16th, 2024 NJWB
CCMUA PUMP STATION AND MANHOLESThe Camden County MUA (CCMUA) recently closed on an $15,260,000 million loan from the NJ Water Bank to upgrade various pump stations in Camden. The De...
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
