Authorizes NJ Infrastructure Bank to expend certain sums to make loans for Community Hazard Assistance Mitigation Program projects for FY2027.

This bill authorizes the New Jersey Infrastructure Bank to lend $13.093 million to local governments for specific hazard mitigation and resilience projects in fiscal year 2027. The funds are designated for four locations: Jersey City's McGovern Park, Brigantine's Golf Course Drive, Highlands Borough's flood mitigation efforts, and Manasquan Borough's shoreline protection. To receive these loans, project sponsors must meet eligibility requirements set by the State Office of Emergency Management and agree to repay the money within 30 years. The legislation also allows the bank to grow its lending capacity using interest earned from previous loans and fees charged for processing new applications.