Authorizes NJ Infrastructure Bank to provide up to $13,093,000 in loans for hazard mitigation projects in FY2027.

The bill authorizes the New Jersey Infrastructure Bank (NJIB) to provide up to $13,093,000 in low-interest loans to local government units for four specific hazard mitigation and resilience projects in fiscal year 2027. These projects include McGovern Park Resilience in Jersey City, Golf Course Drive Living Shoreline in Brigantine City, Highlands and Monmouth Hills Flood Mitigation and Green Infrastructure in Highlands Borough, and Save the Shore in Manasquan Borough.

Authorizes NJ Infrastructure Bank to provide up to $13,093,000 in loans for hazard mitigation projects in FY2027.

The bill authorizes the New Jersey Infrastructure Bank (NJIB) to provide up to $13,093,000 in low-interest loans to local government units for four specific hazard mitigation and resilience projects in fiscal year 2027. These projects include McGovern Park Resilience in Jersey City, Golf Course Drive Living Shoreline in Brigantine City, Highlands and Monmouth Hills Flood Mitigation and Green Infrastructure in Highlands Borough, and Save the Shore in Manasquan Borough.