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
04/01/2020 - 06/30/2020
on dollars drawn.
RECENT ARTICLES View all
September 04th, 2020
FRANKLIN TOWNSHIP SA LOAN CLOSINGThe Franklin Township Sewerage Authority recently closed on a $4,044,510 loan with the NJ Water Bank for the cleaning and relining of approximately 75...
Read MoreAugust 31st, 2020
SUSSEX COUNTY MUNICIPALITY UTILITIES AUTHORITY LOAN CLOSINGThe Sussex County Municipal Utilities Authority (SCMUA) recently closed on a $7,775,092 loan with the NJ Water Bank for the construction of a pumping ...
Read MoreAugust 21st, 2020
NORTH HUDSON SA LOAN CLOSINGThe North Hudson Sewerage Authority recently closed on a $750,000 loan with the NJ Water Bank to purchase two trucks. One is a closed-circuit TV truck...
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
