The New Jersey Environmental Infrastructure Financing Program (NJEIFP)
The New Jersey Environmental Infrastructure Financing Program (NJEIFP) is a partnership between the New Jersey Department of Environmental Protection (NJDEP) and the New Jersey Environmental Infrastructure Trust (Trust) to provide low cost financing for the design, construction, and implementation of projects that help protect and improve water quality and help ensure safe and adequate drinking water.
The NJEIFP finances projects by utilizing two funding sources. The Trust borrows funds through the issuance of revenue bonds. The NJDEP administers a combination of Federal State Revolving Fund (SRF) capitalization grants, as well as the State's matching funds, loan repayments, State appropriations and interest earned on such funds.
Since its inception in 1988, the NJEIFP has funded 1,350 projects totaling $6.3 billion, provided an estimated $2.3 billion in interest cost savings to the State's taxpayers and ratepayers, and provided over 130,000 direct construction jobs.
What We Fund
View our program catalog and find out what we are funding in 2017.