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
03/01/2023 - 03/31/2023
only on dollars drawn.
RECENT ARTICLES View all
March 17th, 2023 NJIB
TOMS RIVER MUA SANITARY SEWER REHABILITATIONThe Toms River Municipal Utilities Authority ("TRMUA") recently completed clean water improvements that are being financed with approximately $4 milli...
Read MoreMarch 16th, 2023 NJIB
BUENA BOROUGH MUA SANITARY SEWER PUMP STATION UPGRADESThe Buena Borough Municipal Utilities Authority ("MUA") recently completed clean water improvements that are being financed with approximately $1.3 mi...
Read MoreMarch 16th, 2023 NJIB
ROOSEVELT BOROUGH LOAN CLOSINGRoosevelt Borough recently closed on a $453,079 loan with the NJ Water Bank to replace water mains on Homestead Lane, Elm Court, and Cedar Court. Thes...
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
