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December 6, 2021
Municipal Clerks: Please forward to your Mayor, Governing Body, and Department Heads.
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Transportation Bank Financing Program Overview Webinar
The New Jersey Infrastructure Bank (NJBIT) will be conducting a webinar on January 19, 2022 at 11:00 a.m., during which representatives from the I-Bank will provide a benefit overview of the Transportation Bank’s Financing Program.
The webinar is open to any municipality and county. Some of the financial topics that will be covered include savings projections, an example of an independent financing versus I-Bank financing, and the Transportation Bank’s short-term construction loan program versus its long-term loan program.
Operating topics that will be covered include project eligibility, project timelines and milestones, our partnership with NJDOT Local Aid, the incorporation of Municipal Aid grants, and project and application requirements.
Anyone is welcome to attend the webinar which will conclude with a Q&A for the attendees.
Register online to attend.
Contact: Robert E. Fernandez, Chief Operating Officer - Transportation, NJBIT, 609-219-8605, rfernandez@njib.gov.