Infrastructure Bank

New Jersey’s Environmental Policy Agenda
Independent state financing authority, in but not of the Treasury, authorized to issue revenue bonds to make loans to finance the construction of eligible environmental and transportation infrastructure projects.

Not Started

In Progress

Completed

  • First Year
    Provide new state funding for water infrastructure, with a focus on environmental justice communities. Funds should prioritize lead pipe replacement (at least $500 million in principal forgiveness for low-income communities), addressing Combined Sewer Overflows (CSOs) (at least $400 million), and climate resilience ($300 million, with principal forgiveness for water infrastructure improvements that enhance climate resilience). Additionally, prioritize non-point source pollution, emerging contaminants, aging septic systems, and harmful algal blooms. Allow for a portion of the funds to be redirected if federal funding directly funds priorities and pursue a policy of maximizing the acquisition and use of federal funds for water infrastructure and pollution abatement.
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  • First 100 Days
    Provide new state funding for water infrastructure, with a focus on environmental justice communities. Funds should prioritize lead pipe replacement (at least $500 million in principal forgiveness for low-income communities), addressing Combined Sewer Overflows (CSOs) (at least $400 million), and climate resilience ($300 million, with principal forgiveness for water infrastructure improvements that enhance climate resilience). Additionally, prioritize non-point source pollution, emerging contaminants, aging septic systems, and harmful algal blooms. Allow for a portion of the funds to be redirected if federal funding directly funds priorities and pursue a policy of maximizing the acquisition and use of federal funds for water infrastructure and pollution abatement.
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  • First Year
    Identify state funding to help local school districts in environmental justice communities pay for “green” schoolyards, which can increase green space in neighborhoods and incorporate green infrastructure to help address climate resilience. Include assisting schools with tapping into federal funding.
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New Jersey LCV Education Fund greatly appreciates each organization’s contributions and valued expertise shared in this effort as well as the immeasurable commitment put forward to protecting New Jersey’s environment:.

View Other Policy Recommendations