Federal grants to New Jersey Department of Banking and Insurance
New Jersey Department of Banking and Insurance in Trenton, New Jersey received $2.1 billion in federal grants from fiscal 2021 to 2025, across 3 awards. Its largest program was 1332 State Innovation Waivers, with $2.1 billion. In fiscal 2025 it was awarded $555 million.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$2.1 billion
- Awards3
- Awarded in FY 2025$555 million
- Largest award$2.1 billion
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 2 | $224 million |
| FY 2022 | 1 | $382 million |
| FY 2023 | 1 | $375 million |
| FY 2024 | 2 | $609 million |
| FY 2025 | 1 | $555 million |
Programs that fund New Jersey Department of Banking and Insurance
| Program | Awards | Amount |
|---|---|---|
| 1332 State Innovation Waivers | 1 | $2.1 billion |
| State Planning and Establishment Grants for the Affordable Care Act (ACA)’s Exchanges | 1 | $1.1 million |
| Expanding Access to Women’s Health Grant | 1 | $624,150 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of Health and Human Services | 3 | $2.1 billion |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| State innovation waiver under section 1332 of the affordable care act | 1332 State Innovation Waivers | April 29, 2021 | $2.1 billion |
| Get covered New Jersey application for HHS state exchange modernization grant program | State Planning and Establishment Grants for the Affordable Care Act (ACA)’s Exchanges | September 10, 2021 | $1.1 million |
| Expanding access to women?s health grant - expanding access to women’s health grant | Expanding Access to Women’s Health Grant | September 20, 2024 | $624,150 |
Questions people ask
How much federal grant money does New Jersey Department of Banking and Insurance get?
$2.1 billion in 3 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives New Jersey Department of Banking and Insurance the most?
The Department of Health and Human Services, with $2.1 billion in 3 awards.
What is New Jersey Department of Banking and Insurance's largest federal grant?
$2.1 billion under 1332 State Innovation Waivers, with its first action in the period on April 29, 2021. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund New Jersey Department of Banking and Insurance?
Its largest are 1332 State Innovation Waivers, State Planning and Establishment Grants for the Affordable Care Act (ACA)’s Exchanges and Expanding Access to Women’s Health Grant.
Other grant recipients in Trenton
- New Jersey Department of Human Services
- New Jersey Department of Education
- Transportation, New Jersey Dept of
- New Jersey Department of Law & Public Safety
- New Jersey Department of Agriculture
- New Jersey Department of Health
- Community Affairs, New Jersey Dept of
- New Jersey Department of Environmental Protection
Largest federal grant recipients in New Jersey · Federal grants in New Jersey