US State Receives Loans for Water Improvement Programmes

The Government of New Jersey, US, has allocated $650m in loans to improve water quality across the state.

The loans come under the New Jersey Environmental Infrastructure financing programme, of which $400m will be allocated for clean water projects and $250m for drinking water projects.

New Jersey State Governor Chris Christie said that the loans will be used to fund critical projects that protect ground and surface water resources, ensure the safety of drinking water supplies and enable responsible and sustainable economic development.

From the total loan, $16m will be used to protect, maintain and improve the water quality of Barnegat Bay, and $1m will used to buy stormwater maintenance equipment.