New Jersey Infrastructure Bank Board of Trustees Meeting
The board meeting focused on several key items including the adoption of the Audited Financial Report for the State fiscal year ended June 30, 2026. The board authorized contracts for Water Bank technical services and the issuance of a Request for Qualifications for a Water Bank Staff Augmentation Pool. Approval was also granted for short-term construction loans for various municipal utilities authorities. Furthermore, the meeting included updates on the Transportation Bank and Water Bank project pipelines, along with a review of recent institutional financial activities and bond issuances.
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New Jersey Infrastructure Bank Public Meeting Notice
The board meeting agenda includes updates on the Transportation Bank and Water Bank application processes, as well as status reports on short-term loans and outstanding requests for proposals. New business items involve the review and approval of the SFY2026 Audit Report, the authorization of a contract award for Water Bank technical services, and the issuance of a request for qualifications for a Water Bank staff augmentation pool. Additionally, the board will consider the approval of construction loans exceeding $30 million for various municipal utilities authorities.
Sep 10, 2026·Board meeting
New Jersey Infrastructure Bank Minutes Of The Board Of Trustees Meeting
The Board meeting covered various financial and operational matters, including the status of transportation and water bank project pipelines and construction loan programs. Key actions included the authorization of amendments to select a banking facility provider, approval of a commercial paper financing program and agreement with Morgan Stanley, and the awarding of a web accessibility and ADA compliance services contract. Additionally, the Board authorized a lease extension for current office space and approved short-term construction loans for the Bergen County Utilities Authority and the City of Camden. The meeting concluded with recognition of a departing Board member's service.
Jul 8, 2026·Board meeting
New Jersey Infrastructure Bank Board Of Trustees Meeting Minutes
The Board discussed and approved several key items, including the receipt of the Executive Director's report regarding the terms of Transportation Bank direct loans for Bayonne and Princeton. The Board formally approved the amendment and restatement of the I-Bank's Credit Policy, which establishes additional underwriting requirements for project sponsors seeking conduit loan financing for redevelopment projects. Furthermore, the Board authorized an increase in the capital spend authorization for office space improvements.
