; (2) provide financial assistance to approved owners of residential buildings for the repair or replacement of concrete foundations that have deteriorated due to the presence of pyrrhotite, including financial reimbursement to owners who have had such repair or replacement performed before the date of enactment of this Act; (3) assist approved owners of residential buildings to obtain additional financing necessary to fully fund the repair or replacement of concrete foundations that have deteriorated due to the presence of pyrrhotite; (4) approve contractors or other vendors for eligibility to perform foundation repairs or replacements on behalf of approved owners; (5) ensure that the financial assistance is used solely for costs of repairing and replacing concrete foundations that have deteriorated due to the presence of pyrrhotite; and (6) require the disclosure of the amount of all financial compensation received by an owner of the residential building, if any, arising out of a claim for coverage under the property coverage provisions of the homeowners policy for foundation deterioration due to the presence of pyrrhotite and ensure that the amount is considered when determining the amount of financial assistance offered to the owner. (f) Grant amount and duration (1) Amount Each grant awarded to a covered State under this section in a fiscal year shall be in an amount of not more than $20,000,000. (2) Duration A grant awarded under this section shall be for a period of 5 years. (g) Annual report The Secretary shall submit to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives an annual report on the grant program established under this section, including a summary of the use of funds by covered States receiving a grant under this section. (h) Authorization of appropriations There are authorized to be appropriated to carry out this section $20,000,000 for each of fiscal years 2019 through 2023.