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Jersey City's infrastructure can't wait!
1. SEWER & WATER
- Much of the system is over 100 years old, with aging pipes, lead lines, and overflows that threaten public health and flood our streets.
2. STREETS & STREET LIGHTS
- Cracked pavement and outdated lighting create hazards, increase repair costs, and reduce safety in our neighborhoods.
3. 911 & EMERGENCY COMMUNICATIONS
- Obsolete dispatch systems slow response times and can't fully support GPS, text-to-911, or multi-language emergency needs.
4. COMMUNITY SOLAR & ENERGY RESILIENCE
- Limited solar access and storm-vulnerable energy systems leave residents and businesses at risk during outages.
Proven Financing Solutions
1. NJ Infrastructure Bank / Water Bank
Backbone of the plan. Low-interest loans with principal forgiveness for projects like lead line replacement and green infrastructure. Funded $2B statewide in FY 2023. Share: $2.5-$3B over 20 years, repaid from water/sewer fees.
Example: Newark secured $190M for lead service line replacement.
2. WIFIA Federal Loans
Ultra-low interest federal loans covering up to 49% of costs. Paired with NJIB funds, could yield $1.8-$2.4B. Repaid from rates and developer connection fees.
Example: San Diego used WIFIA for a $733M water program.
5. Developer Impact Fees
Growth pays for growth. Expanded capacity/connection fees dedicated to infrastructure; $100M-$200M over 20 years.
Example: Denver raises tens of millions annually from connection charges.
6. Public-Private Partnerships (P3S)
Shared investment for targeted projects. Financing and maintenance for treatment facilities and major mains; $300M-$500M potential.
Example: Bayonne secured a $150M P3 water/sewer concession. No single source covers $6.2B, but a blended, phased 10-15 year plan is realistic and has been done before in cities our size.