Bergen County Utilities Authority ("BCUA") recently completed clean water improvements through two projects that are being financed with approximately $7.8 million in loans from the New Jersey Water Bank, a low-rate funding program jointly administered by the DEP and the New Jersey Infrastructure Ba

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

The Camden County Municipal Utilities Authority ("CCMUA") recently completed clean water improvements that are being financed with approximately $26.6 million in loans from the NJ Water Bank, a low-rate funding program jointly administered by the DEP and the New Jersey Infrastructure Bank ("I-Bank")

The I-Bank attended the New Jersey Water Environment Association's 109th John J. La Grosa Annual Conference where our team made a splash at the 9th annual "Go with the Flow" 5K race.

The I-Bank will be exhibiting at the NJ Conference of Mayors at the Hard Rock Hotel in Atlantic City, Wednesday through Friday, May 15th through the 17th. Come join us in Booth 148! We can talk about how you can save money on infrastructure.

The Town of Boonton recently closed on a $2,343,296 loan with the NJ Water Bank to increase the capacity of a critical sewer main that conveys sewer flows from the northwestern part of the Town to the Rockaway Valley Regional Sewerage Authority (RVRSA). The northwestern region is experiencing a sign

The Berkeley Township MUA recently closed on a $1,516,263 loan with the NJ Water Bank to rehabilitate and repaint the 1.0-million-gallon Northern Boulevard Water Storage Tank. The coating systems on the tank have reached the end of their useful life and need to be replaced.The project includes the r

The Seaside Heights Borough Water Treatment Plant ("Borough") recently closed on a $4.5 million loan with the NJ Water Bank to repair electrical system and controls that have been damaged by flooding. The damaged equipment, including electrical conduit, conductors, transformers, and circuit breakers

Passaic Valley Sewerage Commission ("PVSC or the Commission") recently closed on a $15,693,017 loan with the NJ Water Bank to implement solar generation as a dominant renewable energy source. PVSC will utilize roofs, floodwalls, and canopies for the installation of a Photovoltaic ("PV") System that

The Middlesex County Utilities Authority ("MCUA") recently closed on a $15,000,000 loan with the NJ Water Bank to rehabilitate the Bound Brook Pump Station ("BBPS") and replace and relocate the Landfill Gas Booster Pump Station ("LFG Booster Pump"). The BBPS is over 60 years old and will be replaced

The Carney's Point Sewerage Authority recently closed on a $1,057,202 loan with the NJ Water Bank to remove the sanitary sewer lift station on Lafayette Road in Carneys Point Township. New sanitary sewer gravity mains will redirect sanitary sewer flow downstream eliminating the need for the pump sta

The Passaic Valley Sewerage Commission (PVSC) recently closed on a $116,000,000 loan with the NJ Water Bank to design and construct a secondary bypass to improve plant performance. The secondary bypass will re-route the sludge train recycling streams to the primary clarifiers increasing wet tre

Upper Deerfield Township recently closed on a $1,938,000 loan with the NJ Water Bank to replace the 250,000-gallon water tower serving Seabrook. The water tower was constructed in 1937 and imposes numerous health and safety issues. This project proposes removal of the Seabrook tower and replacing it

The Deptford Township MUA recently closed on two loans with the NJ Water Bank totaling $2,145,768 for the rehabilitation of water and sewer mains in the Country Club Estates section of Deptford Township. The mains were constructed in the 1920's through the 1960's and are deteriorating. The sanitary

The Deptford Township MUA recently closed on two loans with the NJ Water Bank totaling $2,491,877 for the rehabilitation of the East Woodbury sanitary sewer and water mains. The mains were constructed in the 1920's through the 1960's and are deteriorating. The sewer main project in the East Woodbury

The City of Bayonne recently completed clean water improvements to its stormwater system that are being financed with approximately $2 million in loans from the NJ Water Bank, a low-rate funding program jointly administered by the DEP and the New Jersey Infrastructure Bank ("I-Bank"). Because this p

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

Hamilton Township recently closed on a $2,563,974 loan with the NJ Water Bank to replace components at its Water Pollution Control Plant (WPCP). A rotating biological contactor (RBC) is a type of biological wastewater treatment system that uses a series of rotating discs to support microbial gr

Verona Township recently closed on a $2,330,613 loan with the NJ Water Bank to upgrade the Linn Drive well treatment facility to address PFAS and arsenic in the water supply. This project will bring the township into compliance for maximum contaminant levels.

Lakewood Township MUA ("LTMUA") recently closed on a $12,060,4218 loan with the NJ Water Bank to address excessive levels of PFOS. This group of chemicals is commonly used in a wide range of industrial processes and can penetrate the water supply, affecting drinking water quality. This project

NJ I-Bank Seminar SeriesThursday, April 18, 2024RegisterWater Bank9:00 AM to 12:00PMTransportation Bank:1:00 PM to 4:00 PMTuesday, April 23, 2024RegisterTransportation Bank:9:00 AM to 12:00 PMWater Bank:1:00 PM to 4:00 PM Learn about program and financing changes coming in SFY2025Breakout sessi