New Jersey Infrastructure Bank

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The New Jersey Infrastructure Bank (I-Bank) is an independent State Financing Authority. We provide low-cost financing for the construction of environmental infrastructure projects that enhance and protect ground and surface water resources, ensure the safety of drinking water, and facilitate responsible, sustainable economic development. New Jersey enjoys a national reputation as a leader in innovative and effective environmental protection strategies. The I-Bank and its Environmental Infrastructure Financing Program have helped the State earn this reputation. Established in 1986, the I-Bank is the first program of its kind in the country. New Jersey is rich in water resources. We enjoy abundant rainfall, which contributes to a lot of beautiful streams, rivers and lakes. Our Atlantic coastline provides recreation, helps shape our sense of identity, and makes a significant contribution to the state’s economy. Yet New Jersey is also home to a great deal of industrial development, as well as some of the most densely populated land areas to be found anywhere in the world. This presents a special challenge as we work to foster growth without allowing the inevitable waste products of a growing state to degrade the quality of our ground and surface waters. Controlling pollution and providing safe, abundant drinking water requires heavy capital investment. Building environmental infrastructure is expensive and that expense is ultimately borne by ratepayers and taxpayers. Low-interest financing from the I-Bank has helped keep costs to the public as low as possible. Working in partnership with the New Jersey Department of Environmental Protection, the I-Bank has leveraged the funds available from the federal government to make more money available at the lowest possible cost. The Financing Program has provided more than $4.3 billion to local and county government units and some private water companies to finance wastewater systems, combined sewer overflow abatement, nonpoint source pollution control, safe drinking water supplies and open space acquisition. Thanks to a combination of low interest rates and other cost saving features, the Financing Program has saved New Jersey ratepayers and taxpayers over $1.8 billion.

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 local transportation and water quality infrastructure projects. Our mission is to enhance ground and surface water resources, ensure the safety of drinking water supplies, protect the public health, reduce roadway congestion, improve highway safety and contribute to New Jersey’s role as a critical channel for commerce. The benefits of investing in infrastructure include stimulating the economy and reducing environmental and health impacts, while enhancing communities and beautifying their neighborhoods.

Operating as usual

The City of Perth Amboy recently closed on a $2.2 million loan with the NJ Water Bank to separate its combined sewer sys...
10/26/2020
New Jersey Infrastructure Bank

The City of Perth Amboy recently closed on a $2.2 million loan with the NJ Water Bank to separate its combined sewer system. Find out more about the project and its benefits: http://bit.ly/PerthAmboyLoan #UndergroundUtilitiesCorp #UTCANJ #NJDEP #WaterInfrastructure

The City of Perth Amboy recently closed on a $2.2 million loan with the NJ Water Bank to separate its combined sewer system. The project includes the construction of approximately 5,082 linear feet of storm sewer, installation of 28 manholes and 20 inlets. This project will bring the City into compl...

South Orange Village recently closed on a $640,000 loan with the NJ Water Bank to perform emergency repair work to repla...
10/26/2020
New Jersey Infrastructure Bank

South Orange Village recently closed on a $640,000 loan with the NJ Water Bank to perform emergency repair work to replace piping and valves in the Newstead Watersphere valve pit. Read more: http://bit.ly/SouthOrangeVillage #FASicklesLLC #NJDEP #waterinfrastructure

South Orange Village recently closed on a $640,000 loan with the NJ Water Bank to perform emergency repair work to replace piping and valves in the Newstead Watersphere valve pit. The repair is necessary to prevent the imminent failure of the water tank, the only water source for the mountain zone s...

The City of Newark recently closed on a $40 million loan with the NJ Water Bank to complete Phase 3 of its lead service ...
10/23/2020
New Jersey Infrastructure Bank

The City of Newark recently closed on a $40 million loan with the NJ Water Bank to complete Phase 3 of its lead service line replacement project, replacing 15,000 lead service lines. Find out more: http://bit.ly/NewarkLSLLoan #RomanEGCorp #pacificconstruction #UTCANJ #NJDEP #WaterInfrastructure

Medford Lakes Borough recently closed on a $6 million loan with the NJ Water Bank to rehabilitate and repair its existin...
10/21/2020
New Jersey Infrastructure Bank

Medford Lakes Borough recently closed on a $6 million loan with the NJ Water Bank to rehabilitate and repair its existing sanitary sewage collection system located throughout its services area. Find out why this project is necessary: http://bit.ly/MedfordLakesLoan #insituform #waterinfrastructure #NJDEP

Medford Lakes Borough recently closed on a $6 million loan with the NJ Water Bank to rehabilitate and repair its existing sanitary sewage collection system located throughout its services area. The proposed work is necessary to rehabilitate the deteriorating collection system which was originally co...

Long Beach Township recently closed on a $4 million loan with the NJ Water Bank.  The sanitary sewer pipes are deteriora...
10/20/2020
New Jersey Infrastructure Bank

Long Beach Township recently closed on a $4 million loan with the NJ Water Bank. The sanitary sewer pipes are deteriorated and cracking resulting in significant volumes of groundwater infiltration into the sewer conveyance system and allowing sewer pipes to leak into the surrounding soil and water table. The project includes the removal and replacement of 12,000 linear feet of existing sanitary sewer mains, manholes, services and clean outs. http://bit.ly/LongBeachLoan #paconstruction #owenlittle #UTCANJ

Long Beach Township recently closed on a $4 million loan with the NJ Water Bank. The sanitary sewer pipes are deteriorated and cracking, resulting in significant volumes of groundwater infiltration into the sewer conveyance system and allowing sewer pipes to leak into the surrounding soil and water....

Gloucester Township recently closed on a $701,564 loan with the NJ Water Bank to provide stormwater management along a s...
10/19/2020
New Jersey Infrastructure Bank

Gloucester Township recently closed on a $701,564 loan with the NJ Water Bank to provide stormwater management along a stream that frequently floods Redwood Street. The flooding not only isolates a small community in the southwest portion of the township, but it also causes erosion resulting in downstream water quality deterioration. The project involves a significant increase in the size of the culvert, raising the street above the new culvert and improvements to the channel. https://bit.ly/GloucestertwpLoan #CompassConstruction #consultingengineers #RVEEngineers

The Borough of Carteret recently closed on a $4,800,000 loan with the NJ Water Bank to rehabilitate the Roosevelt Avenue...
10/16/2020

The Borough of Carteret recently closed on a $4,800,000 loan with the NJ Water Bank to rehabilitate the Roosevelt Avenue and Bergen Street Pump Stations. The improvements include the replacement of dry-pit submersible pumps, pump VFDs, pump controls, piping, gate valves, surge valves, roofing, and a new bypass chamber. https://bit.ly/Carteretloanclosing #CoppolaServicesInc #UTCANJ #RapidPumpandMeterServices #MottMacDonald

Clinton Town recently closed on a $3.9 million loan with the NJ Water Bank for improvements to the Wastewater Treatment ...
10/12/2020

Clinton Town recently closed on a $3.9 million loan with the NJ Water Bank for improvements to the Wastewater Treatment Plant (WWTP) Filter and Residuals Building. The project includes removal and replacement of all overhead and access doors, as well as structural supports. The work also includes electrical and mechanical upgrades to the sludge press and fine screen filter room with removal and replacement of blowers, heaters, lighting and electrical components. A separate building will be constructed to house the electrical panels and controls. http://bit.ly/ClintonTownLoanClosing #PactTwo #vancleef #UTCANJ

Bergen County Utilities Authority recently closed on a $6,927,530 loan with the NJ Water Bank. Find out why: https://bit...
09/17/2020
New Jersey Infrastructure Bank

Bergen County Utilities Authority recently closed on a $6,927,530 loan with the NJ Water Bank. Find out why: https://bit.ly/BergenCountyMUA. #Arcadis #TomarConstruction #NJDEP #WaterInfrastructure

Bergen County Utilities Authority recently closed on a $6,927,530 loan with the NJ Water Bank to Rehabilitate Final Settling Tanks at the Little Ferry Water Pollution Control Facility including sluice gates, effluent weir plates, troughs, scum skimmers and various other tank improvements.

The Sussex County Municipal Utilities Authority (SCMUA) recently closed on a $7,775,092 loan with the NJ Water Bank for ...
08/31/2020
New Jersey Infrastructure Bank

The Sussex County Municipal Utilities Authority (SCMUA) recently closed on a $7,775,092 loan with the NJ Water Bank for the construction of a pumping station and force main to convey landfill leachate to the Upper Wallkill Water Pollution Control Facility (WPCF) rather than continuing the practice of trucking leachate for treatment and disposal. Read more: https://bit.ly/SussexCountyMUA #HatchMottMacDonald #NJDEP #WaterInfrastructure

The Sussex County Municipal Utilities Authority (SCMUA) recently closed on a $7,775,092 loan with the NJ Water Bank for the construction of a pumping station and force main to convey landfill leachate to the Upper Wallkill Water Pollution Control Facility (WPCF) rather than continuing the practice o...

The North Hudson Sewerage Authority (NHSA) recently completed waste-water treatment plant improvements that are being fu...
08/24/2020
New Jersey Infrastructure Bank

The North Hudson Sewerage Authority (NHSA) recently completed waste-water treatment plant improvements that are being funded with approximately $1.4 million in loans from the NJ Water Bank, a joint low-rate funding program of the DEP and the NJ I-Bank. Total savings for this project are estimated to be $664,817 over the 30-year term of the loan or 47% of the total project cost. In addition, this project created an estimated 17 direct construction jobs. Read more: https://bit.ly/NHSAAdamsStreet #NHSA #NJDEP #MottMacDonald #ScararContracting #4ROServices #UTCANJ

The North Hudson Sewerage Authority recently closed on a $750,000 loan with the NJ Water Bank. Find out why: https://bit...
08/21/2020
New Jersey Infrastructure Bank

The North Hudson Sewerage Authority recently closed on a $750,000 loan with the NJ Water Bank. Find out why: https://bit.ly/NHSALoanClosing #MottMacdonald #NJDEP #WaterInfrastructure

The North Hudson Sewerage Authority recently closed on a $750,000 loan with the NJ Water Bank to purchase two trucks. One is a closed-circuit TV truck mounted for operator use, including operator control and monitoring station. The second is a combination sewer system cleaner truck with the capabili...

Mendham Borough recently closed on a $1,993,300 loan with the NJ Water Bank. Find out why: https://bit.ly/MendhamBorough...
08/21/2020
New Jersey Infrastructure Bank

Mendham Borough recently closed on a $1,993,300 loan with the NJ Water Bank. Find out why: https://bit.ly/MendhamBoroughLoan #PSands #NJDEP #WaterInfrastructure

Mendham Borough recently closed on a $3,200,000 loan with the NJ Water Bank for planning and design activities for the rehabilitation of the Borough's sanitary sewer system for inflow/infiltration (I/I) reduction and Capacity Assurance. Planning activities include the implementation of a closed-circ...

The Bergen County Utilities Authority (BCUA) recently closed on an $18,700,000 loan with the NJ Water Bank for sludge di...
08/17/2020
New Jersey Infrastructure Bank

The Bergen County Utilities Authority (BCUA) recently closed on an $18,700,000 loan with the NJ Water Bank for sludge digester improvements that will increase the volatile solids reduction, reduce sludge volume, and maximize biogas production. Read more: https://bit.ly/BCUALoan #ArcadisUSInc #NJDEP #WaterInfrastructure

Mendham Borough recently closed on a $3,081,700 loan with the NJ Water Bank to improve its Water Reclamation Facility an...
08/17/2020
NJIB Admin Panel

Mendham Borough recently closed on a $3,081,700 loan with the NJ Water Bank to improve its Water Reclamation Facility and rehabilitate its sanitary sewer system. Read more: https://bit.ly/MendhamBoroughWWTP #PSands #NJDEP #WaterInfrastructure

In the City of Camden, two programs were created to train residents of low-income communities and communities of color i...
08/12/2020
New Jersey Infrastructure Bank

In the City of Camden, two programs were created to train residents of low-income communities and communities of color in green infrastructure maintenance and/or connect them to employment opportunities, including those in the water industry. One is PowerCorps Camden, and the other is Camden Works. Read more about these exciting programs: https://bit.ly/CamdenGreenPrograms

In the City of Camden, two programs were created to train residents of low-income communities and communities of color in green infrastructure maintenance and/or connect them to employment opportunities, including those in the water industry. One is PowerCorps Camden (pictured above), administered b...

The Franklin Township Sewerage Authority (FTSA) recently completed pipe rehabilitation that is being funded with approxi...
08/11/2020
New Jersey Infrastructure Bank

The Franklin Township Sewerage Authority (FTSA) recently completed pipe rehabilitation that is being funded with approximately $1.5 million in loans from the NJ Water Bank, a joint low-rate funding program of the DEP and the NJ I-Bank. Total savings for this project are estimated to be $316,727 over the 20-year term of the loan or 20% of the total project cost. In addition, this project created an estimated 19 direct construction jobs. Read More: https://bit.ly/FTSAFoxwood #CMEAssociates #NationalWaterMainCleaningCompany #NJDEP

The Linden Roselle Sewerage Authority recently closed on a $1,434,246 loan with the NJ Water Bank. Find out why: https:/...
08/10/2020
New Jersey Infrastructure Bank

The Linden Roselle Sewerage Authority recently closed on a $1,434,246 loan with the NJ Water Bank. Find out why: https://bit.ly/LSRALoan #LRSA #APSContractorsInc.
#TandMAssociates #NJDEP #WaterInfrastructure

The Linden Roselle Sewerage Authority (LRSA) recently closed on a $1,434,246 loan with the NJ Water Bank for Phase V Building Improvements including the rehabilitation of multiple structures within its existing wastewater treatment facility. The modifications proposed under LRSA's improvement projec...

The North Hudson Sewerage Authority (NHSA) recently completed a CSO Abatement project that is being funded with approxim...
08/04/2020
New Jersey Infrastructure Bank

The North Hudson Sewerage Authority (NHSA) recently completed a CSO Abatement project that is being funded with approximately $14.5 million in loans from the NJ Water Bank, a joint low-rate funding program of the DEP and the NJ I-Bank. This project qualified for principal forgiveness totaling $5 million‬ as it improved conditions for combined sewer overflows. Including interest cost savings, total savings for this project are estimated to be $10,493,045 over the 30-year term of the loan or 72% of the total project cost. In addition, this project created an estimated 174 direct construction jobs.
Read more: https://bit.ly/NHSACSOAbatement #MottMacDonald #WeeksMarina #NJDEP #WaterInfrastructure #CSO #PrincipalForgiveness

Why should you attend this year’s JWW virtual Membership Meeting on July 20? #JWWmembership20201) State leaders’ COVID-1...
07/17/2020
Welcome! You are invited to join a webinar: Jersey Water Works 2020 Membership Meeting: Strong Infrastructure, Healthy New Jersey. After registering, you will receive a confirmation email about joining the webinar.

Why should you attend this year’s JWW virtual Membership Meeting on July 20? #JWWmembership2020
1) State leaders’ COVID-19 response stories and ideas for getting ahead of the next crisis;
2) A sneak peek of Jersey WaterCheck and a chance to shape its creation and launch;
3) Hot-off-the-press member updates; and
4) Top highlights from JWW working committees.

Register here today: https://us02web.zoom.us/webinar/register/1415907106168/WN_TU_Q8PXGQ8ykM60gLA5-MQ

The JWW virtual Membership Meeting is July 20. Join us as we brainstorm how New Jersey can tackle the water issues of to...
07/10/2020
Welcome! You are invited to join a webinar: Jersey Water Works 2020 Membership Meeting: Strong Infrastructure, Healthy New Jersey. After registering, you will receive a confirmation email about joining the webinar.

The JWW virtual Membership Meeting is July 20. Join us as we brainstorm how New Jersey can tackle the water issues of today and explore the long-term changes that are needed to achieve "Strong Infrastructure for a Healthy New Jersey." Register: https://us02web.zoom.us/webinar/register/1415907106168/WN_TU_Q8PXGQ8ykM60gLA5-MQ #JWWmembership2020

Paterson City recently closed on a $2,458,630 loan with the NJ Water Bank to execute a change order for a previous proje...
07/09/2020
New Jersey Infrastructure Bank

Paterson City recently closed on a $2,458,630 loan with the NJ Water Bank to execute a change order for a previous project. Read more: https://bit.ly/PatersonCity #AlaimoGroup #NJDEP #WaterInfrastructure

Paterson City recently closed on a $2,500,000 loan with the NJ Water Bank to execute a change order for a previous project. In 2008, Paterson City closed on a $9 million loan with the NJ  Water Bank (f/k/a the NJEIT) for the construction of solids/floatables control facilities in order to eliminat...

The Jersey City Municipal Utilities Authority (JCMUA) recently closed on a $25,000,000 loan with the NJ Water Bank to re...
07/08/2020
New Jersey Infrastructure Bank

The Jersey City Municipal Utilities Authority (JCMUA) recently closed on a $25,000,000 loan with the NJ Water Bank to replace 28,000 linear feet of existing 6-inch and 8-inch watermains with new pipes and services. Read more: https://bit.ly/JCMUAWaterMain

The Jersey City Municipal Utilities Authority (JCMUA) recently closed on a $25,000,000 loan with the NJ Water Bank to replace 28,000 linear feet of existing 6-inch and 8-inch watermains with new pipes and services. The JCMUA also proposes to install approximately 34,000 linear feet of 6", 8", 12", 1...

The Jersey City Municipal Utilities Authority (JCMUA) recently closed on a $1,458,905 loan with the NJ Water Bank for th...
07/08/2020
New Jersey Infrastructure Bank

The Jersey City Municipal Utilities Authority (JCMUA) recently closed on a $1,458,905 loan with the NJ Water Bank for the installation of a new centrifuge unit which is a device that rotates containers about a fixed axis and separates material by mass inertia. Read more: https://bit.ly/JCMJABoonton #ScafarContractingInc #UTCANJ #NJDEP #WaterInfrastructure

The Jersey City Municipal Utilities Authority (JCMUA) recently closed on a $1,458,905 loan with the NJ Water Bank for the installation of a new centrifuge unit which is a device that rotates containers about a fixed axis and separates material by mass inertia. An existing cross screw conveyor will b...

The Jersey City Municipal Utilities Authority (JCMUA) recently closed on a $2,770,000 loan with the NJ Water Bank to ins...
07/08/2020
New Jersey Infrastructure Bank

The Jersey City Municipal Utilities Authority (JCMUA) recently closed on a $2,770,000 loan with the NJ Water Bank to install approximately 4,039 linear feet of 8”, 12”, 16", and 20-inch diameter water mains along Burma Road. Read More: https://bit.ly/JCMUABurmaRoadLC #ReivaxContractingCorp #UTCANJ #NJDEP #WaterInfrastructure

The Jersey City Municipal Utilities Authority (JCMUA) recently closed on a $2,770,000 loan with the NJ Water Bank to install approximately 4,039 linear feet of 8", 12", 16", and 20-inch diameter water mains along Burma Road.  Ancillary items include hydrants, valves, and water service lines that ex...

The Jersey City Municipal Utilities Authority (JCMUA) recently closed on an $81,500,000 loan with the NJ Water Bank to p...
07/07/2020
New Jersey Infrastructure Bank

The Jersey City Municipal Utilities Authority (JCMUA) recently closed on an $81,500,000 loan with the NJ Water Bank to pursue Combined Sewer System (CSS) infrastructure projects in the City to reduce the impacts to the community. Read more: https://bit.ly/JCMUASewerRehabLC #SpinielloCompanies #NJDEP #WaterInfrastructure

The Jersey City Municipal Utilities Authority (JCMUA) recently closed on an $81,500,000 loan with the NJ Water Bank to pursue Combined Sewer System (CSS) infrastructure projects in the City to reduce the impacts to the community. This project involves the rehabilitation of existing combined sewer ma...

The Jersey City Municipal Utilities Authority recently closed on a $10,525,544 loan with the NJ Water Bank to repair/rep...
07/07/2020
New Jersey Infrastructure Bank

The Jersey City Municipal Utilities Authority recently closed on a $10,525,544 loan with the NJ Water Bank to repair/replace sections of the combined sanitary sewer lines. Read more: https://bit.ly/JCMUACSOStudyLC
#ShaugerPropertyServicesInc.
#Arcadis #NJDEP #WaterInfrastructure

The Jersey City Municipal Utilities Authority recently closed on a $10,525,544 loan with the NJ Water Bank to repair/replace sections of the combined sanitary sewer lines. This project includes in-kind replacement of approximately 8,700 linear feet of 12" to 48" diameter combined sewer, and spot rep...

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3131 Princeton Pike, Bldg 4, Ste 216
Lawrenceville, NJ
08648-2201

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The New Jersey Infrastructure Bank (I-Bank) manages the NJ Water Bank and the NJ Transportation Bank. For information on Transportation Bank, see the Transportation Bank page.

New Jersey is rich in water resources. We enjoy abundant rainfall which contributes to a lot of beautiful streams, rivers and lakes. Our Atlantic coastline provides recreation, helps shape our sense of identity, and makes a significant contribution to the state’s economy. Protecting and enhancing New Jersey’s water quality and water infrastructure is vital to the State’s health and economy. To alleviate the challenge associated with the significant investment required to sustain and improve the State’s aging infrastructure systems, the New Jersey Water Bank offers low-cost financing for an extensive range of water quality infrastructure projects.

Since 1986, the NJ Water Bank has partnered with the DEP to issue over $7.2 billion in low-interest loans providing interest cost savings to the State’s taxpayers and ratepayers estimated at over $2.4 billion. In addition, the activity undertaken with these funds has created over 124,000 direct construction jobs establishing the NJ Water Bank as a hallmark of cooperation between the public and private sectors while helping to achieve the State’s environmental and economic priorities.

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