From old lead service lines to contaminated groundwater, New Jersey has a long way to go in regulating and remodeling their water infrastructure. The EPA announced funding to the New Jersey Infrastructure Bank for this purpose — a loan of $500 million. The money will help modernize wastewater and drinking water systems across the state, serving over 10 million people. It’s the first loan through the State Infrastructure Financing Authority Water Infrastructure Finance and Innovation Act, or SWIFIA, program.

“The EPA’s SWIFIA loan will further solidify New Jersey’s status as a national model for water infrastructure, which serves as the foundation for healthy communities. In addition to helping our state secure safe, healthy, and efficient wastewater and drinking water systems for all New Jerseyans, the EPA’s support will also help generate good-paying jobs in our expanding water workforce,” said Gov. Phil Murphy.

Some 39 disadvantaged communities will receive SWIFIA funding throughout the state. The investment will help communities manage flooding, install filtration systems and protect drinking water from PFAS contamination.