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
May 18th, 2020
ELIZABETH CITY CSO GREEN INFRASTRUCTURE PROJECTThe City of Elizabeth recently completed a Combined Sewer Overflow (CSO) Project that is being funded with approximately $6 million in loans from the ...
Read MoreMay 07th, 2020
NJ WATER BANK OFFERS PRINCIPAL FORGIVENESS FOR LEAD SERVICE LINE REPLACEMENT PROJECTSLead is not normally found in drinking water at the source. Typically, lead gets into drinking water from the service lines, plumbing and fixtures tha...
Read MoreApril 29th, 2020
THE NJ WATER BANK OFFERS PRINCIPAL FORGIVENESS LOANS FOR CSO ABATEMENT PROJECTSThe management of storm water runoff has become a priority for many communities in New Jersey in recent years due to the increase of and impact from e...
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
