Authorizes NJ Infrastructure Bank to expend certain sums to make loans for transportation infrastructure projects for FY2026; makes appropriation.

This bill authorizes the New Jersey Infrastructure Bank to provide up to $53.45 million in low-interest loans for transportation infrastructure projects in fiscal year 2026. It specifically funds 17 local government projects across New Jersey, including bridge replacements, road improvements, and street redesigns in cities like Bayonne, Hoboken, and Princeton. The bill also allows for up to $1 million in principal-forgiveness loans for project planning and design costs, with up to $100,000 of that amount forgiven upon project completion. All loans must be repaid within 31 years and are subject to specific eligibility requirements. The funding expires on July 1, 2026.