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

This bill authorizes the New Jersey Infrastructure Bank to provide up to $6.8 million in low-interest loans to local governments for specific hazard mitigation and resilience projects in fiscal year 2026. It directly affects three municipalities - Jersey City (McGovern Park Resilience), Highlands Borough (flood mitigation), and Brick Township (reservoir improvements) - by financing portions of their eligible projects. The loans, repayable within 30 years, are funded through the Community Hazard Assistance Mitigation Program (CHAMP) Revolving Loan Fund, with repayment proceeds reinvested to support future projects. The bill ensures projects align with state hazard mitigation requirements and the federal STORM Act framework.