"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 Chairperson, Robert Briant Jr.

The Transportation Bank is Open for Business! HOW TO APPLY

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.

SHORT-TERM LOAN PROGRAM
INTEREST RATE
0.845%

05/01/2022 - 05/31/2022
on dollars drawn.

RECENT ARTICLES View all

RARITAN TOWNSHIP LOAN CLOSING

Raritan Township recently closed on a $377,550 loan with the New Jersey Transportation Bank for the reconstruction of Case Boulevard which c...

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NJIB FORUM INVITATION FOR AVAILABLE STATE FUNDS FOR TRANSPORTATION INFRASTR...

If your municipality is seeking funding for surface transportation infrastructure projects, the New Jersey Infrastructure Bank (I-Bank) may ...

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SFY2022 2ND QUARTER ALLOCATIONS

NJ Transportation Bank announces recipients of fund allocations for the second quarter of SFY2022!Raritan Township has been allocated $2,633...

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NEW JERSEY TRANSPORTATION INFRASTRUCTURE BANK