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NEW JERSEY TRANSPORTATION BANK

SHORT-TERM LOAN PROGRAM
2.20% APR

11/01/2024     11/30/2024
only on dollars drawn.

INTEREST RATE CREDIT
.40% APR
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The Transportation Bank is Open for Business! HOW TO APPLY

OUR MISSION

The New Jersey Transportation Infrastructure Bank is an independent State Financing Authority responsible for providing and administering low interest rate loans to qualified municipalities, counties, and regional authorities in New Jersey for the purpose of financing transportation quality infrastructure projects.

"The Transportation Bank is a unique partnership that will significantly reduce the total cost of local transportation infrastructure."
- Former NJDOT Commissioner, Diane Gutierrez-Scaccetti
"The savings enables our communities to increase the number of projects funded and accelerate the construction of projects."
- NJIB Chairperson, Robert Briant Jr.

RECENT ARTICLES View all

CITY OF BAYONNE BROADWAY AND AVENUE E IMPROVEMENTS

The City of Bayonne recently closed on a $1,669,701 loan with the NJ Transportation Bank to resurface and reconstruct Broadway and Avenue E. The proje...

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ROBBINSVILLE TOWNSHIP COUNTRY MEADOWS, BROOKSHIRE ESTATE, AND MEADOWBROOK ROAD

Robbinsville Township recently closed a $2,000,000 loan from the NJ Transportation Bank for roadway resurfacing and reconstruction of Meadowbrook Road...

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MENDHAM TOWNSHIP MILLING AND REPAVING

Mendham Township recently closed on a $2,206,000 loan with the NJ Transportation Bank to pave and mill 11 municipally owned streets. Streets to be imp...

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CONTACT US

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General Information

Borrower Audit Report Submission

NJ Transportation Bank

Technical Support for NJ-Moves

Phone Numbers
NJIB

609-219-8600

NJ Transportation Bank

609-219-6584

Address

3131 Princeton Pike
Building 4 Suite 216
Lawrenceville, NJ 08648

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NEW JERSEY  TRANSPORTATION INFRASTRUCTURE BANK