NEWS (LOAN CLOSING)
August 16th, 2023 NJIB
PLEASANTVILLE CITY SEWER INFRASTRUCTUREPleasantville City recently closed on a $3,200,000 loan with the NJ Water Bank to rehabilitate several sewer mains needing immediate attention on Ridg...
Read MoreJuly 7th, 2023 NJIB
SHORE WATER COMPANY TANK PAINTING AND REPAIRShore Water Company recently closed on a $20,000,000 loan with the NJ Water Bank to repaint its 75,000-gallon elevated water storage tank inside and o...
Read MoreJuly 6th, 2023 NJIB
ESSEX FELLS BOROUGH PFAS TREATMENT LOANEssex Fells Borough recently closed on a $5,400,000 loan with the NJ Water Bank to address excessive levels of PFAS and PFOS. This group of chemi...
Read MoreJuly 6th, 2023 NJIB
ROBBINSVILLE TOWNSHIP LOANRobbinsville Township recently closed on a $1,460,608 loan with the NJ Water Bank to address issues with the Newtown Village water distribution system. The township recently acquired the Newtown Villa...
July 3rd, 2023 NJIB
CCMUA BAR SCREEN & GRIT SYSTEM UPGRADESThe Camden County Municipal Utilities Authority ("CCMUA") recently closed on a $15,6500,000 loan with the NJ Water Bank to replace critical equipment. Screening and grit removal are one of the most im...
July 3rd, 2023 NJIB
HACKENSACK CITY ANDERSON DRAINAGE AREA SEWER SEPARATIONThe City of Hackensack recently closed on a $10,965,153 loan with the NJ Water Bank to design and install new separated storm and sanitary sewers and to rehabilitate existing sewers. The project will ...
July 3rd, 2023 NJIB
ATLANTIC CITY MUA WATER METER AND MTU REPLACEMENTThe Atlantic City MUA ("Authority") recently closed on a $1,955,044 loan with the NJ Water Bank to upgrade or replace approximately 6500 Automatic Meter Readers ("AMR") and Meter Transmission units th...
July 3rd, 2023 NJIB
NEWTON TOWN MEMORY PARK DRAINAGE IMPROVEMENTSNewton Town recently closed on a $981,835 loan with the NJ Water Bank to implement Drainage Improvements for Babe Ruth League Baseball Field in Memory Park. The park lacks proper drainage, resulting i...
June 30th, 2023 NJIB
HO-HO-KUS PFAS WATER TREATMENT SYSTEMHo-Ho-Kus Borough recently closed on a $3,700,000 loan with the NJ Water Bank to address excessive levels of PFAS and PFOS that can penetrate the water supply and affect drinking water quality. This p...
June 30th, 2023 NJIB
RED BANK BOROUGH LEAD SERVICE LINE REPLACEMENTRed Bank Borough recently closed on an $3,241,647 loan with the NJ Water Bank to identify and replace lead service lines within the borough. The borough aims to identify all unknown service lines by t...
