Federal Formula Grant Award Summary

The U.S. Department of the Interior's Office of Insular Affairs awarded $26.109 million to the Republic of the Marshall Islands Ministry of Finance under the Economic, Social, and Political Development of the Territories program (CFDA 15.875) on October 1, 2025. This formula grant provides funding for Kwajalein landowner payments, with $13.509 million allocated for the first quarter of the performance period. The award supports the Ministry of Finance's administration of federal assistance and development initiatives under the Compacts of Free Association framework between the United States and the Republic of the Marshall Islands.

As a designated recipient of U.S. federal assistance, the Ministry of Finance executes complex, multi-sector development programs across the Marshall Islands' four atolls and various islands, addressing critical infrastructure, healthcare, education, environmental conservation, and economic growth initiatives. This particular award falls within the broader CFDA 15.875 program portfolio, which has distributed over $7.14 billion since 2000 to support economic and social development across U.S. territories and freely associated states. The performance period extends through September 30, 2026.