
The Department is responsible for the administration of a number of state and federally funded programs for the planning, design, and/or construction of water infrastructure projects including wastewater, drinking water, and stormwater/nonpoint source management programs.
The New Jersey Water Bank (NJWB) is now accepting all loan applications on a rolling basis through the online application system, H2Loans. There are no submission deadlines.
Eligible applicants should contact The Water Bank. NJWB staff will begin working on submissions immediately upon receipt and approval will be given upon satisfaction of program requirements.
Loan application documents can now be submitted at any time throughout the calendar year. To begin an application, you need to set up an H2LOans account at https://www.h2loans.com/.
Please contact us at 609-633-1170 or waterbankinfo@dep.nj.gov to schedule a pre-planning meeting to learn more about the application process or discuss issues unique to their project.
The financing process for Capital Improvement Projects is comprised of four main steps:
Applicants and their representatives must follow these steps and submit all required documents to maintain the project schedule.
For questions, please contact the DEP at 609-633-1170 or waterbankinfo@dep.nj.gov
The DEP will review submitted documents for compliance with rules and regulations. Review letters will be issued by the DEP that may ask for additional steps to be taken and an Environmental Decision Document (EDD) will be issued and communicated to all interested parties. When all steps have been satisfied, the project will be given Authorization to Advertise.
The DEP will review submitted documents and issue an Authorization to Award when found acceptable. The project will then begin construction.
Project will be financed with a short-term loan and be rolled into the resulting capital improvement project long term financing or paid back in 3 years.