NEWS (LOAN CLOSING)

October 9th, 2023 NJIB

Belleville Township recently closed on a $2,592,243 loan with the NJ Water Bank for Phase 1 of its lead service line replacement program. The project includes the replacement of 430 lead service lines...

September 28th, 2023 NJIB

Bayshore Regional Sewer Authority ("BRSA") recently closed on a $31,000,000 loan with the NJ Water Bank to construct a new Power Resiliency Generator System to maintain a continuous power supply to th...

September 27th, 2023 NJIB

Stafford Township recently closed on a $4,337,001 loan with the NJ Water Bank to remove and replace approximately 10,467 linear feet of Asbestos Concrete Pipe sanitary sewer mains with 10,514 linear f...

September 21st, 2023 NJIB

Waldwick Borough recently closed on a $5,901,105 loan with the NJ Water Bank to address excessive levels of PFAS and PFOS. This group of chemicals is commonly used in a wide range of industrial proces...

September 11th, 2023 NJIB

Hawthorne Borough recently closed on a $5,000,000 loan with the NJ Water Bank to address excessive levels of per- and polyfluoroalkyl substances ("PFAS"). This group of chemicals is commonly used in a...

August 23rd, 2023 NJIB

The Clinton Township Sewerage Authority ("CTSA") recently closed on a $2,000,000 loan with the NJ Water Bank to rehabilitate the North Hunterdon Regional High School ("NHRS") pump station on campus. I...

August 16th, 2023 NJIB

The North Hudson Sewerage Authority ("NHSA") recently closed on an $18,354,560 loan with the NJ Water Bank to implement its first long-term control plan ("LTCP") project to address combined sewer over...