"The Transportation Bank is a unique partnership that will significantly reduce the total cost of local transportation infrastructure."
- Commissioner Diane Gutierrez-Scaccetti
"The savings will enable our communities to increase the number of projects funded and accelerate the construction of projects."
- Acting Chairman Robert Briant

The Transportation Bank is Open for Business! APPLY NOW

OUR MISSION

The New Jersey Transportation Infrastructure Bank is an independent State Financing Authority responsible for providing and administering low interest rate loans to qualified municipalities, counties, and regional authorities in New Jersey for the purpose of financing transportation quality infrastructure projects.

CONSTRUCTION LOAN PROGRAM
INTEREST RATE
1.35%

07/01/2019 - 09/30/2019
on dollars drawn.

RECENT ARTICLES View all

ESSEX COUNTY TRANSPORTATION BANK LOAN CLOSING

Essex County recently closed on a $1,724,193 construction loan from the NJ Transportation Bank, a joint low-rate financing program of the NJDOT and th...

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THE CITY OF ORANGE RECEIVES $9.9 MILLION IN LOW-INTEREST-RATE FUNDING FROM THE STATE TO PERFORM CITY-WIDE ROADWAY IMPROVEMENTS

CITY OF ORANGE, NJ - The City of Orange announced that it recently received a $9.9 million low-interest rate loan from the NJ Transportation Bank to c...

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CAMDEN COUNTY, NJ DOT AND THE NJ I-BANK COMMEMORATE THE FIRST TRANSPORTATION BANK LOAN WITH A GROUND-BREAKING CEREMONY

A bright, sunny, and increasingly hot day set the stage for State, County and local officials along with representatives of the NJ Infrastructure Bank...

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NEW JERSEY TRANSPORTATION INFRASTRUCTURE BANK