$2.4M from Infrastructure Law to Boost Energy Efficiency in NJ

On Aug 28, 2024

The Biden-Harris administration is awarding $2.4 million in federal funding, under the Bipartisan Infrastructure Law, to establish a new revolving loan fund that will advance energy efficiency and transform public buildings across the state, Congressman Frank Pallone, Jr. announced. This funding, awarded through the Energy Efficiency Revolving Loan Fund (RLF) Capitalization Grant Program, is set to make a meaningful impact on government buildings, museums, parks, hospitals, schools, corrections facilities, and transportation centers.

“This investment showcases the tangible benefits of the Bipartisan Infrastructure Law here in New Jersey,” said Pallone. “This funding not only reduces energy costs but also drives job creation, boosts local economies, and delivers cleaner air for our communities. We’re not just improving energy efficiency, we’re modernizing public spaces across our state—from schools and hospitals to government offices and transportation centers. New Jersey is leading the clean energy economy, and this grant is a vital step in securing that leadership for years to come.”

New Jersey’s state energy office will manage the revolving loan fund.

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