Asset Management
Program Components

Financial Assistance

Jointly funded and managed by the New Jersey Department of Environmental Protection (DEP) and the New Jersey Infrastructure Bank (I-Bank), the New Jersey Water Bank (NJWB) leverages Federal and State Revolving Funds alongside proceeds from I-Bank issued bonds and other supplemental sources. The NJWB offers loans with principal forgiveness and a blended interest rate with a 0% interest DEP loan and AAA Market Rate Interest I-Bank loan, providing below market rate funding for eligible borrowers.

Projects to develop and implement Asset Management Plans (AMP) are eligible for financing. Some of these costs may be covered by principal forgiveness. Learn more about the policies of the Water Bank at https://njdepwptest.net/wiip/ and begin the loan application process at New Jersey Infrastructure Bank (njib.gov).