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State of New Jersey Department of Environmental Protection
State of New Jersey Department of Environmental Protection
Asset Management Policy Program-Renewing New Jersey's Water Infrastructure
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Asset Management Program Components

Financing
Financing
 

 

The New Jersey Environmental Infrastructure Financing Program (EIFP) provides low-cost financing for environmental infrastructure projects with the goal to enhance and protect ground and surface water resources and ensuring the safety of drinking water, while creating jobs critical to our State’s economy.

The Financing Program has provided more than $6.2 billion in loans to local and county government units and public water systems for wastewater treatment, combined sewer overflow abatement, stormwater, remediation, open space preservation, and drinking water projects, reducing each customer’s cost of borrowing by 25%.

Asset management plan costs can be financed through the EIFP, and some of these costs can be covered with principal forgiveness loans for projects.

For more about EIFP: https://www.njeit.org/
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Last Updated: March 20, 2017