Municipalities face a tricky balancing act when it comes to infrastructure improvements: they need to address large, costly projects but have limited resources to fund them. Historically, issuing debt has been the primary means that municipalities are left with to finance critical improvements. However, municipal leaders are reluctant to be the ones responsible for issuing debt, while utilities and public systems are often hesitant to raise rates to cover project costs.
Posts Tagged ‘funding’
Debt is Not a Bad Word: Funding New Jersey’s Infrastructure through Smart Financing
Tuesday, February 18th, 2025Sustainable and Cost-Efficient: Implementing a Dig-Once Policy in Trenton
Friday, August 30th, 2024Funding, funding, funding–the chorus frequently heard at the inception of almost every community improvement project. Financing remains one of the largest obstacles to infrastructure improvements.
Green Infrastructure in the Garden State: Stormwater Research in the Delaware River Watershed
Wednesday, September 20th, 2023In 2020, the New Jersey Department of Environmental Protection (NJDEP) updated the Stormwater Management Rules, which now require that municipalities incorporate green infrastructure into major development projects. In many areas of the state, this relatively new policy change has meant a significant departure from the way that stormwater management was approached previously.
Accessing New Federal Funding for Active Transportation Projects: Camden County Got a Bunch, How Can You?
Monday, September 18th, 2023The Infrastructure Investment and Jobs Act (IIJA) was signed into law by President Joe Biden on November 15, 2021, investing $1.2 trillion in America’s infrastructure. From the IIJA, New Jersey municipal, county, and state governments have the opportunity to tap into once-in-a-generation funding programs, many of which support safe and accessible transportation alternatives for walkers, bikers and rollers.
Eliminating Lead Service Lines: Filling the Funding Gap, One Drop at a Time
Thursday, May 11th, 2023In early April 2023, the U.S. Environmental Protection Agency (EPA) announced a major change in the allocation of federal funds provided through the Bipartisan Infrastructure Law (BIL) to remove lead service lines (LSLs), replacing a distribution scheme that failed to properly recognize states with older housing stock where the lion’s share of LSLs are likely to exist. This was welcome news to New Jersey, as the state’s allocation will more than double from 1.7% to 3.8%, increasing annual funding for LSL replacement by $35 million (73%), from $48 million to $83 million.
From Federal Dollars to State Investment: Understanding Technical Assistance for Water Systems
Monday, April 17th, 2023At New Jersey Future’s Planning and Redevelopment Conference in June 2022, New Jersey Commissioner of Environmental Protection, Shawn LaTourette, emphasized the historic funding opportunities for NJ flowing from the federal government and implored attendees, “If you don’t have a grant writer on staff, hire one. If you do have one, hire a second.” LaTourette concluded his remarks by stating his desire for New Jersey to seize the opportunity for federal funding, and to position itself well for any additional rounds of funding.
NJDEP Finalizes Water Infrastructure Investment Priorities for 2023
Tuesday, November 29th, 2022All New Jerseyans deserve to drink clean water, to avoid flooding and sewage backups in their homes and neighborhoods, and to pay affordable water and sewer charges. Every single one. Unfortunately, we’re not there yet.
