Hoboken City recently closed on a $8,910,686 loan with the NJ Water Bank to upgrade its watermains. The project includes engineering design, permitting, and construction to replace the existing water mains in ten high priority locations on Madison Street, Madison Avenue, 5th Street, Jefferson Street

The Merchantville Pennsauken Water Commission ("MPWC") recently closed on a $8,110,000 loan with the NJ Water Bank to address excessive levels of PFAS and PFOS at its National Highway PFC Plant. These chemicals are commonly used in a wide range of industrial processes and are found in many

The Borough of Hightstown recently completed drinking water improvements that are being financed with a "NANO" loan of approximately $1.5 million from the NJ Water Bank, a low-rate funding program jointly administered by the DEP and the NJ I-Bank. The NANO loan program offers principal forgiveness t

Hightstown Borough recently closed on a $470,908 loan with the NJ Water Bank to Replace six-inch water mains and fire hydrants on Hausser Avenue, Bennett Place, and Prospect Drive. The water services on all three roads have experienced many breaks and leaks throughout the years and have reached the

Lavallette Borough recently closed on a $3,700,000 loan with the NJ Water Bank to drill a replacement for Well #3 which was originally drilled in 1948 and is currently operating at a reduced capacity. The electrical system was obsolete when it was damaged by Superstorm Sandy and replacemen

New Jersey American Water recently completed drinking water improvements that are being financed with approximately $13.9 million in loans from the NJ Water Bank, a low-rate funding program jointly administered by the DEP and the NJ I-Bank. Total savings for this project are estimated to be $7,799,1

Clinton Town recently completed water quality improvements that are being financed with $602,469 in loans from the NJ Water Bank, a low-rate funding program jointly administered by the DEP and the NJ I-Bank. Total savings for this project are estimated to be $109,947 over the 20-year term of the loa

The Middlesex Water Company (MWC) recently completed drinking water improvements that are being financed with approximately $8.7 million in loans from the NJ Water Bank, a low-rate financing program jointly administered by the DEP and the NJ I-Bank. For this loan, the I-Bank used funds made availabl

The Borough of Brielle recently completed construction of an elevated storage tank financed with approximately $3.53 million in loans from the NJ Water Bank, a low-rate funding program jointly administered by the DEP and the NJ I-Bank. Total savings for this project is estimated to be $645,800 over

Mount Arlington Borough recently closed on two loans with the New Jersey Water Bank. One loan for $479,456 is for the purchase of a street sweeper to improve water quality in the Borough. The street sweeper will be used to reduce the debris and solids loading that enter through the Borough's storm w

Plumsted Township recently completed clean water improvements that are being funded with approximately $23 million in loans from the NJ Water Bank, a joint low-interest rate financing program of the DEP and the NJ I-Bank. Including interest cost savings, total savings for this project is estimated t

The Jackson Township MUA (JTMUA) recently completed drinking water improvements that are being funded with approximately $5.9 million in loans from the NJ Water Bank, a joint low-rate funding program of the DEP and the NJ I-Bank. Including interest cost savings, total savings for this project is est

The Jackson Township MUA (JTMUA) recently completed drinking water improvements that are being funded with approximately $16 million in loans from the NJ Water Bank, a joint low-rate funding program of the DEP and the NJ I-Bank. Including interest cost savings, total savings for this project is esti

The Berkeley Township Municipal Utilities Authority (BTMUA) recently completed drinking water improvements that are being funded with approximately $1.6 million in loans from the NJ Water Bank, a joint low-rate funding program of the DEP and the NJ I-Bank. Including interest cost savings, total savi

The City of Trenton recently closed on a $25,000,000 loan with the New Jersey Water Bank to eliminate lead in drinking water. The project includes the verification and replacement of lead service lines in Trenton and parts of Ewing, Hamilton, Hopewell and Lawrence Townships. 

Winslow Township recently closed on a $2,500,000 loan with the New Jersey Water Bank to construct a new filter treatment building, backwash storage tank, associated piping and a new access drive. The water being pumped from Well #2 currently exceeds the Federal and State drinking water standards for

The Lower Township MUA recently closed on a $8,500,000 loan with the New Jersey Water Bank for the expansion of its drinking water system north of Lower Township into the community of Del Haven and parts of Green Creek in Middle Township. The proposed project consists of the installation of approxim

The Old Bridge Municipal Utilities Authority recently completed drinking water improvements that are being funded with approximately $2.1 million in loans from the NJ Water Bank, a joint low-rate funding program of the DEP and the NJ I-Bank. Including interest cost savings, total savings for this pr

The North Jersey District Water Supply Commission (Commission) recently completed drinking water improvements that are being funded with approximately $17 million in loans from the NJ Water Bank, a joint low-rate funding program of the DEP and the NJ I-Bank. Including interest cost savings, total sa

Long Beach Township recently completed drinking water improvements that are being funded with approximately $9 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 a Water Bank NANO loan which includes principal forgivenes

Montclair Township recently completed drinking water 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 $556,440 over the 30-year term of

The Jackson Township Municipal Utilities Authority (JTMUA) recently completed drinking water improvements that are being funded with approximately $7 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 t

Lower Township Municipal Utilities Authority (LTMUA) recently completed drinking water improvements that are being funded with approximately $2.9 million in loans from the NJ Water Bank, a joint low-rate financing program of the New Jersey Department of Environmental Protection (NJDEP) and the NJ I-

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. The project will remove the risks and adverse health effects of lead exposure due to the old houses and buildings wit

The City of Wildwood recently closed on a $1,924,000 loan with the NJ Water Bank to finance the replacement of the outdated sanitary sewer, water and storm drainage systems through the city. The proposed drinking water work includes the installation of new water main and/or services needing reh