Authorizes NJ Infrastructure Bank to expend certain sums to make loans for Community Hazard Assistance Mitigation Program projects for FY2026.

This bill authorizes the New Jersey Infrastructure Bank to provide $6,813,000 in loans for three specific hazard mitigation and resilience projects in fiscal year 2026. The loans will fund projects including McGovern Park Resilience in Jersey City, Highlands Borough flood mitigation, and Brick Township reservoir improvements, directly benefiting local governments. Borrowing entities must repay loans with interest over up to 30 years, and the bank may use accrued interest and fees to cover program costs and operating expenses. The program expires on July 1, 2026, with all loans subject to federal and state compliance requirements.