Amends list of hazard mitigation and resilience projects approved for funding by NJ Infrastructure Bank under FY2025 Community Hazard Assistance Mitigation Program.

This bill adds three new projects to New Jersey's FY2025 Community Hazard Assistance Mitigation Program (CHAMP), which provides low-interest loans for hazard mitigation and resilience projects. It increases the total funding authorization from $7,198,045 to $13,813,000, allowing the New Jersey Infrastructure Bank to fund nine projects instead of six. The new projects include flood mitigation infrastructure in Brick Township, elevation improvements in Rochelle Park Township, and flood mitigation with green infrastructure in Highlands Borough. These projects will receive funding to help communities better withstand natural disasters through specific infrastructure improvements. The bill amends existing law to expand the list of approved projects eligible for CHAMP funding.