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 navigator’
Debt is Not a Bad Word: Funding New Jersey’s Infrastructure through Smart Financing
Tuesday, February 18th, 2025From 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.
