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
07/01/2019 - 09/30/2019
on dollars drawn.
RECENT ARTICLES View all
November 06th, 2019
CITY OF NEWARK LEAD SERVICE LINE REPLACEMENT LOAN CLOSINGThe City of Newark recently closed on a $13.5 million construction loan with the NJ Water Bank to complete phase-2 lead service line (L...
Read MoreNovember 06th, 2019
PASSAIC VALLEY SEWERAGE COMMISSION SLUDGE STORAGE TANK IMPROVEMENTS LOAN CLOSINGThe Passaic Valley Sewerage Commission recently closed on a $6.1 million construction loan with the NJ Water Bank to rehabilitate its Sludge Storage T...
Read MoreOctober 15th, 2019
MIDDLESEX COUNTY UTILITIES AUTHORITY RESTORATION AND FLOOD MITIGATIONThe Middlesex County Utilities Authority (MCUA) recently completed wastewater treatment plant improvements funded with approximately $16.5 million in ...
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
