OIA Press Releases (2020 to Present)

Year

Type

OIA Announces $80 Million in Compact of Free Association Funds for the Republic of Palau

10/01/2024

This amount includes $50 million for the Palau Compact Trust Fund, $20.4 million to support and strengthen Palau’s health and education systems, and $10 million for the reduction of Palau’s public debt.

OIA Announces $2.6 Million in Coral Reef and Natural Resources Funds to Protect Natural Resources and Biodiversity in the Insular Areas

09/30/2024

OIA has announced $2,624,848 in grant awards under the Office of Insular Affairs’ (OIA) Coral Reef and Natural Resources (CRNR) Initiative to protect natural resources and biodiversity in the Insular Areas.

OIA Awards $10.7 Million in Energizing Insular Communities Grants to Guam and the U.S. Virgin Islands

09/27/2024

Over $10 million EIC grant funding is being awarded to Guam and the U.S. Virgin Islands that connects to their respective energy plans and reflect their self-determined energy goals.

OIA Funds Close Up Program Youth Summits in the Territories

09/20/2024

An additional $100,000 has been approved to fund local youth summits in the territories of American Samoa, Guam, the Commonwealth of the Northern Mariana Islands, and the U.S. Virgin Islands where students will explore policies and laws important to territorial governments, legislatures, and local communities.

OIA Awards $2.5 Million from President Biden’s Investing in America agenda to Enhance Biosecurity and Ecosystem Restoration in the U.S. Territories

09/19/2024

OIA has announced $2,526,429 in FY2024 funding from President Biden’s Investing in America agenda to provide American Samoa, the CNMI, Guam, and the U.S.VI with vital biosecurity training opportunities and coral reef ecosystem restoration.

Office of Insular Affairs Advances $257.4 Million to the U.S. Virgin Islands and Guam for Estimated Tax Payments

09/12/2024

OIA has transferred FY2025 estimated tax payments of $181,068,638 to the U.S. Virgin Islands for rum exports and $76,402,101 to Guam for Section 30 advance tax payments.

OIA Announces $20 Million in Compact of Free Association Funding for Palau

08/07/2024

This $20 million in direct economic assistance for the health and education sectors in Palau represent year one of economic assistance to Palau under the recently negotiated Compact of Free Association

Office of Insular Affairs Awards $4.5 Million in Maintenance Assistance Program Funds

08/05/2024

“These programs will provide a range of opportunities for maintenance and related renovation projects that will protect against adverse weather, strengthen power utilities, and provide important maintenance-related equipment,” said Assistant Secretary Cantor.

Office of Insular Affairs Hosts 3rd Territorial Climate and Infrastructure Workshop, Highlights Historic Impact of President’s Investing in America Agenda on the U.S. Territories

08/02/2024

“The interagency and cross-cutting discussions we have shared this week to highlight implementation efforts have been extremely useful,” said Assistant Secretary Cantor. “Through President Biden’s Investing in America agenda, we are delivering historic investments to the territories that will build resilience for the future, especially as climate change continues to impact these areas.”

OIA Applauds Recent Release of the 2022 Economic Census of Island Areas

07/22/2024

Asst. Secretary Cantor and OIA applaud the U.S. Census Bureau’s recently released 2022 Economic Census of Island Areas for American Samoa, the CNMI, Guam, and the USVI, the most comprehensive measure of economic activity providing island and local economic estimates at various industry levels as well as information on the number of business establishments, total employment, annual payroll, total sales, and select expenses and inventories in these jurisdictions.

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