"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
2.255%

01/01/2023 - 01/31/2023
only on dollars drawn.

RECENT ARTICLES View all

TRANSPORTATION BANK SFY 2023-Q3 ALLOCATIONS

NJ Transportation Bank announced recipients of fund allocations totaling $14.3 million for the third quarter of SFY 2023!Hoboken City has be...

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NJ I-Bank and NJDOT Helping to Improve New Jersey's Infrastructure, One Project at a TimeBayonne City recently closed on a $1,628,903 loan w...

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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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NEW JERSEY TRANSPORTATION INFRASTRUCTURE BANK