NEWS
January 31st, 2024 NJIB
RUTGERS UNIVERSITY RECEIVES $30 MILLION IN WATER BANK LOANS SAVING RATEPAYERS APPROXIMATELY $8.5 MILLION.Rutgers, the State University of New Jersey, recently completed clean water improvements that are being financed with approximately $30 million in loa...
Read MoreJanuary 26th, 2024 NJIB
PASSAIC VALLEY SEWERAGE COMMISSION CENTRIFUGEPassaic Valley Sewerage Commission ("PVSC") recently closed on a $22,214,031 loan with the NJ Water Bank to purchase and install a fifth centrifuge. C...
Read MoreJanuary 25th, 2024 NJIB
MUSCONETCONG SEWERAGE AUTHORITY IMPROVEMENTS LOAN CLOSINGThe Musconetcong Sewerage Authority("MSA") recently closed on a $2,411,067 loan with the NJ Water Bank for improvements to its wastewater treatment pl...
Read MoreJanuary 24th, 2024 NJIB
ELIZABETH CITY SOUTH SECOND STREET DRAINAGE AND ATLANTIC STREET CSO TANK PROJECTElizabeth City recently closed on a $16,500,000 loan with the NJ Water Bank to improve drainage near South Second Street and related improvement at the intersection of Third Avenue and Atlantic Street...
January 17th, 2024 NJIB
UNIVERSITY HOSPITAL CO-GEN REPLACEMENTRutgers and University Hospital, Newark (Hospital), recently completed clean water and energy efficiency improvements that are being financed with approximately $7 million in loans from the NJ Water B...
January 17th, 2024 NJTIB
NJ TRANSPORTATION BANK AWARDS AN ALLOCATION OF FUNDS TO HAWTHORNE BOROUGHThe 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 cu...
January 16th, 2024 NJIB
FIELDSBORO SANITARY SEWER LININGFieldsboro Borough recently closed on a $1,700,000 loan with the NJ Water Bank to line the sanitary sewer. The project scope will include closed circuit TV and cleaning as needed; approximately 6,700 ...
January 15th, 2024 NJIB
BERGEN COUNTY UA EDGEWATER WPCF CONVERSION TO LITTLE FERRY WPCF PUMPING STATIONThe Bergen County Utilities Authority recently closed on a $75,000,000 loan with the NJ Water Bank to consolidate the Edgewater Little Ferry Service areas by converting the Edgewater Water Pollution C...
January 11th, 2024 NJTIB
BOROUGH OF PROSPECT PARK TRANSPORTATION BANK LOAN CLOSINGThe 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 Depart...
January 10th, 2024 NJIB
NORTH HUDSON SA GREEN INFRASTRUCTUREThe North Hudson Sewerage Authority ("NHSA") recently completed green infrastructure improvements that are being financed with approximately $547,350 in loans from the NJ Water Bank, a low-rate fundin...
