The City of Bayonne recently closed on a $1,669,701 loan with the NJ Transportation Bank to resurface and reconstruct Broadway and Avenue E. The project includes hot mix asphalt milling and/or pavement repairs, new concrete curbs, sidewalk and ADA compliant curb ramps, as well as storm/sanitary sewe

Robbinsville Township recently closed a $2,000,000 loan from the NJ Transportation Bank for roadway resurfacing and reconstruction of Meadowbrook Road, which connects to the Thomas J. May Nature Trail and William Tatum Park. Located near Robbinsville High School and Pond Road Middle School, it serve

Mendham Township recently closed on a $2,206,000 loan with the NJ Transportation Bank to pave and mill 11 municipally owned streets. Streets to be improved in the southwest corridor of Mendham include Roxiticus Road, Jane Terrace, Saddle Hill Road, Rain Tree Ridge, Beach Lane, Wycoff Way, and McVick

Atlantic County recently completed roadway improvements that are being funded with approximately $12,170,500 in loans from the NJ Transportation Bank, a joint low-rate funding program of the DOT and the NJ I-Bank. Total savings for this project are estimated to be $1,716,067 over the 15-year term of

The Borough of Little Ferry recently closed on a $1,791,942 loan with the NJ Transportation Bank for roadway improvements on numerous streets throughout the borough. The improvements include new and upgraded guide rails, raised pavement markers, traffic control devices, safety edges, drainage improv

Wildwood City recently replaced outdated infrastructure capitalizing on savings from three distinct I-Bank financing programs for one project: the drinking water and clean water programs within the Water Bank and the Transportation Bank. Wildwood City's capital improvement plan was funded with resou

Seaside Heights Borough was approved for more than $12 million in funds from the NJ Transportation Bank to replace its boardwalk over the course of five years. "It's something like a home equity line of credit, "explained David Zimmer, Executive Director of the I-Bank. "You don't pay interest on any

Robbinsville Township recently closed on a $2,000,000 loan with the NJ Transportation Bank for improvements to Newton Village. All roads within the project area will be milled and paved with base repairs as necessary. Some roads will require full depth excavation as they are severely deteriorated wi

The Borough has been allocated $6,374,514 for the milling and resurfacing of various streets. Uneven manhole and inlet castings will be reset or reconstructed as needed. Antiquated inlet grates and curb heads will be replaced with bicycle safe and NJDEP approved versions. Existing trees that are upr

The Borough of Prospect Park recently closed on a $600,500 loan from the New Jersey Transportation Bank Financing Program, a low-rate funding program administered jointly by the New Jersey Department of Transportation ("NJDOT") and the New Jersey Infrastructure Bank ("I-Bank"). After resurfacin

NJ Transportation Bank announced an allocation of transportation funds to one recipient for the third quarter of SFY2024!Cape May County has been allocated $19,190,000 for a bridge replacement on Stone Harbor Blvd over Great Channel. The Bascule span will be replaced, and the precast concrete box be

The Township of Willingboro recently closed on a $3,586,334 loan with the NJ Transportation Bank to improve roadways in the township. RoadBotics is a tool that collects images of road networks, analyzes the data, and generates a color-coded map on an online platform. The Township of Willingboro and

Little Ferry Borough recently closed on a $1,457,834 loan with the NJ Transportation Bank for Roadway improvements. The project will be designed and managed by Remington Vernick Engineers and constructed by Reggio Construction, Inc.

Hoboken City recently closed on a $6,388,267 loan with the NJ Transportation Bank to redesign Sinatra Drive. The project will improve pedestrian safety by installing five painted curb extensions near Stevens Park, four high visibility crosswalks with ADA-compliant curb ramps, and new pavement markin

The City of Orange Township recently completed roadway improvements that are being financed with approximately $8.6 million in loans from the NJ Transportation Bank, a low-rate funding program administered jointly by the DOT and the NJ I-Bank. Total savings for this project are estimated to be $2,30

Somerdale Borough recently completed roadway improvements that are being financed with a $2.1 million loan from the NJ Transportation Bank, a low-rate funding program administered jointly by the NJ DOT and the NJ I-Bank. Total savings for this project are estimated to be $164,852 over the 10-year te

The City of Bayonne recently completed roadway improvements that are being financed with approximately $1.6 million in loans from the NJ Transportation Bank, a low-rate funding program administered jointly by the DOT and the NJ I-Bank. Total savings for this project are estimated to be $423,979 over

If your municipality is seeking funding for surface transportation infrastructure projects, the New Jersey Infrastructure Bank (I-Bank) may be the solution to your funding needs. The I-Bank is an Independent Authority within the State of NJ that is appropriated tax-payer funds by the NJ Legislature