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
February 17th, 2020
BOROUGH OF ALLENTOWN LOAN CLOSINGThe Borough of Allentown recently closed on a $4,600,000 loan with the NJ Water Bank to rehabilitate its Wastewater Treatment Plant (WWTP) which disch...
Read MoreFebruary 17th, 2020
FRANKLIN TOWNSHIP SEWERAGE AUTHORITY LOAN CLOSINGThe Franklin Township Sewerage Authority recently closed on a $4 million loan with the NJ Water Bank to clean and reline approximately 750 linear feet...
Read MoreFebruary 06th, 2020
BRICK TOWNSHIP MUA LOAN CLOSINGThe Brick Township MUA recently closed on a $1,609,341 loan with the NJ Water Bank to purchase approximately 11,560 water meters and appurtenances. Th...
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
