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March 29, 2012

Water Resources: Utilizing Technology, Partnerships and Nature. Michele N. Siekerka, Esq. Assistant Commissioner Water Resource Management New Jersey Department of Environmental Protection. March 29, 2012. What is Green Infrastructure?.

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March 29, 2012

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  1. Water Resources: Utilizing Technology, Partnerships and Nature Michele N. Siekerka, Esq. Assistant Commissioner Water Resource Management New Jersey Department of Environmental Protection March 29, 2012

  2. What is Green Infrastructure? • Utilizing soil and vegetation to manage rainwater where it falls • Infiltration • Vegetative uptake • Storage

  3. Sustainable ROI • Environmental: can both manage stormwater volume and treat runoff for a variety of pollutants • Social : aesthetically pleasing and community building • Economic: Can reduce the capital costs and O & M costs of gray technology; short term quicker impact

  4. Policy Driving Action • Strategic Integrated Approach to Water Quality • Leveraging Funding • NJDEP State Revolving Loan Fund • Federal pass through money; principal forgiveness • NJ Environmental Infrastructure Trust • New Jersey’s Independent Financing Authority responsible for funding Environmental Infrastructure projects that protect the State’s natural resources and public health • ______________________

  5. Program Qualification - Water Quality Component 2 Main Qualification Categories : 1. Clean Water • Point Source Clean Water Projects (WTF, CSO, Sludge, etc.) • Non-Point Clean Water Projects (Storm water, Equip, Remediation) 2. Drinking Water • Safe Drinking Water Projects (Treatment, Distribution)

  6. Examples of EIT Eligible “Green Projects” • Energy Production -must • be connected • directly to a CW/DW activity • Power • Wind • Solar • Geothermal Power • Micro-Hydroelectric • Biogas and CHP Systems • Rain / Stormwater • Permeable Pavement • Bioretention • Green Roofs • Grey Water Use • Xeriscape • Constructed Wetlands • Stormwater Harvesting • Stormwater Reuse Projects • Establishment or Restoration of: • Riparian buffers • Floodplains • Wetlands and other Natural Features • Installing Water Efficient Devices • Installing Water Meters in Previously Unmetered Areas • Retrofitting / Adding Leak Detection Equipment • Recycling and Water Reuse Projects as related to replacing potable sources with non-potable sources. • Retrofit or replace landscape irrigation systems.

  7. Why Borrow Through NJEIT? AAA / Aaa Loan Rate Comparisons Low “net” rate = blend of DEP 0% rate and AAA “market” rate 20 yr. savings on $1mm Borrowed: ~ $120,000 / each 1% saved

  8. Additional Benefits… • Lower all-in financing costs • Economies of scale in co-mingled pool. Borrowers pay proportionate share of issuance fees (rating agency, underwriter, trustee, etc.). Equates to lower cost/borrower • Capitalized interest / Deferred Payments • Borrowers may capitalize Interest and defer repayment of Principal costs during construction… until completion of the project, up to six months after construction ( not to exceed 3 years from the loan) • Interim financing • 0% financing is available to municipal borrowers (2% to Private Entities / Utilities) prior to long-term loan funding, providing timing flexibility for shovel-ready projects • … And MUCH more …

  9. Resources • USEPA Green Infrastructure web page http://water.epa.gov/infrastructure/greeninfrastructure/index.cfm • Implementing Watershed-Based Green Infrastructure for Stormwater Management: Case Study in Blacksburg, Virginia http://www.cabellbrandcenter.org/Downloads/sr452009.pdf • NYC Green Infrastructure Plan, A sustainable Strategy for Clean Waterways http://www.georgetownclimate.org/resources/nyc-green-infrastructure-plan-a-sustainable-strategy-for-clean-waterways • Rooftops to Rivers, Green Strategies for Controlling Stormwater and Combined Sewer Overflowshttp://www.nrdc.org/water/pollution/rooftops/contents.asp • The Value of Green Infrastructure for Urban Climate Adaptation http://www.cakex.org/virtual-library/value-green-infrastructure-urban-climate-adaptation • A Triple Bottom Line Assessment of Traditional and Green Infrastructure Options for Controlling CSO Events in Philadelphia's Watersheds http://www.epa.gov/npdes/pubs/gi_phil_bottomline.pdf

  10. Contact Information • http://www.njstormwater.org/ • http://www.njstormwater.org/bmp_manual2.htm • Michele N. Siekerka, Esq. Asst. Comm. 609-292-4543 Michele.Siekerka@dep.state.nj.us • Adriana Caldarelli 609-984-3660 Adriana.Caldarelli@dep.state.nj.us • Sandy Blick 609-633-7045 Sandra.Blick@dep.state.nj.us

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