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

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.

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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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NJTIB
NEW JERSEY TRANSPORTATION INFRASTRUCTURE BANK