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
April 03rd, 2020
BLOOMFIELD TOWNSHIP LOAN CLOSINGThe Township of Bloomfield recently closed on a $67,970 loan with the NJ Water Bank to replace their existing distribution system water meters that ha...
Read MoreApril 02nd, 2020
TWO RIVERS WATER RECLAMATION AUTHORITY LOAN CLOSINGTwo Rivers Water Reclamation Authority recently closed on a $2,952,465 loan with the NJ Water Bank to construct a new 54" Pleasure Bay Interceptor. Th...
Read MoreApril 01st, 2020
LAMBERTVILLE CITY MUA LOAN CLOSINGThe City of Lambertville Municipal Utilities Authority recently closed on a $755,810 loan with the NJ Water Bank to rehabilitate their Wastewater Trea...
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
