This bill mandates the establishment of a new division called GrantsNJ within the Department of Community Affairs, aimed at providing a centralized resource for New Jersey residents to access information about and apply for grants offered by State agencies. The division will coordinate with various State agencies to identify additional funding sources and will develop a comprehensive online grants application portal. This portal will list all available grants, categorize them by type, summarize eligibility criteria, and provide resources such as tutorials and multilingual support to assist applicants.

Additionally, the bill requires the GrantsNJ division to enter into memoranda of understanding with State departments and agencies to standardize the grant application process and ensure a wide range of grants are included on the portal. A public information campaign will be implemented to promote the portal and grant availability, particularly targeting underserved communities and small businesses. The division is also tasked with submitting annual reports to the Governor and Legislature detailing grant utilization, accessibility improvements, and the overall impact of grant funding on communities.