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
01/01/2022 - 01/31/2022
on dollars drawn.
RECENT ARTICLES View all
December 22nd, 2021
SHIP BOTTOM SEWER REPLACEMENTThe Borough of Ship Bottom recently closed on a $4,250,000 loan with the New Jersey Water Bank to Remove and replace approximately 9,257 lin...
Read MoreDecember 8th, 2021
MIDDLESEX COUNTY UTILITIES AUTHORITY LOAN CLOSINGMiddlesex County Utilities Authority (MCUA) recently closed on a $17,800,000 loan with the New Jersey Water Bank to complete rehabilitation ...
Read MoreDecember 8th, 2021
NORTH HUDSON SA EMERGENCY OUTFALL REPAIR LOAN CLOSINGThe North Hudson Sewerage Authority recently closed on a $499,946 loan with the New Jersey Water Bank to repair the W1234 combined sewer ove...
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
LOCATION
