Standalone green infrastructure projects tend to have a smaller individual project cost than traditional "gray" infrastructure projects. In addition, applications to the Water Bank involve fixed costs for studies, technical support and financial advisory services (i.e. bond counsel). Therefore, in submitting an application for Water Bank financing application, it is important to determine a size and scope of projects contained within the application that make sense. Some paths that New Jersey municipalities have followed include the following:
TIP: THE WATER BANK CAN PROVIDE FUNDING JOINTLY WITH OTHER STATE OR FEDERAL AGENCIES.
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