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
May 06th, 2021
STONY BROOK RSA LOAN CLOSINGStony Brook RSA recently closed on a $24,000,000 loan with the New Jersey Water Bank for River Road Wastewater Treatment Plant Improvements. The propo...
Read MoreApril 30th, 2021
ROCKAWAY VALLEY RSA LOAN CLOSINGRockaway Valley RSA recently closed on a $13,034,996 loan with the NJ Water Bank to ensure compliance with the current NJPDES effluent parameters. Thi...
Read MoreApril 30th, 2021
CITY OF BAYONNE LOAN CLOSINGBayonne City recently closed on a $1,618,539 loan with the NJ Water Bank for stormwater management facilities and Francis G. Fitzpatrick Park imp...
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
