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Municipal Finance Regulations (N.J.A.C. 7:22)

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Municipal Finance and Construction Element

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New Jersey Pinelands Infrastructure Trust Financing Program

Established by the Pinelands Infrastructure Trust Bond Act of 1985, the Program provides funding for infrastructure projects needed to accommodate existing and future needs in the 23 designated Pinelands Regional Growth Areas. Funding is available for the construction of new collection systems, interceptors, and the expansion/upgrade of wastewater treatment facilities. Projects certified under this program generally receive a grant for 40 percent of the allowable project costs and a loan for 20 percent of the allowable project costs from the Department. Loans for the remaining project costs may also be received from the Trust.

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Last Updated: March 25, 2014