The Water Infrastructure Finance and Innovation Act (WIFIA)
program accelerates investment in our nation's water
infrastructure by providing long-term, low-cost supplemental
loans for regionally and nationally significant projects.

NEW JERSEY WATER AND WASTEWATER INFRASTRUCTURE
PROJECTS (LOAN #2)

BORROWER: New Jersey Infrastructure Bank
LOCATION: Statewide
WIFIA LOAN AMOUNT: $500,000,000
TOTAL WIFIA PROJECT COSTS: $1,085,166,103
POPULATION SERVED BY PROJECTS: 10.5 million people
NUMBER OF JOBS CREATED: 16,100 jobs

PROJECT DESCRIPTION

The New Jersey Infrastructure Bank's second WIFIA loan will provide financing to the New
Jersey Clean Water and Drinking Water State Revolving Fund Programs (SRFs) to accelerate
investment in 106 wastewater projects and 33 drinking water projects throughout the state.
Projects will include contaminated groundwater remediation, water distribution systems
rehabilitation, lead service line and contaminated pipe replacement, PFAS filtration systems
installation, residential and industrial water meters replacement, and stormwater management
and collections system modernization. They will protect public health and water quality,
prevent flooding, support compliance with regulatory requirements, and enhance climate
resiliency. Over 90 communities, including 36 small and rural communities and 39
disadvantaged communities, will benefit from these projects. The New Jersey Infrastructure
Bank's WIFIA loan will be combined with SRF monies to make even more funding available to
communities over the next 5 years.

PROJECT BENEFITS

•	Provides significant environmental and public health benefits, including emerging
contaminant remediation, lead service line replacement, and stormwater management.

•	Supports projects that serve over 90 communities statewide, including 36 small and
rural communities and 39 disadvantaged communities.

•	Saves the New Jersey Infrastucture Bank approximately $62.5 million by financing with a
WIFIA loan.

WIFIA

PROGRAM

Photo Credit: New Jersey Infrastructure
Bank

£%	United States

Environmental Protection
kl m % Agency

WEBSITE: www.epa.gov/wifia
EMAIL: wifia@EPA.gov


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