; and (2) may award modernization grants in accordance with section 7007(b) of the Elementary and Secondary Education Act of 1965 ( 20 U.S.C. 7707(b) ), except as otherwise provided in this Act. 3. Eligibility (a) Eligibility for emergency grants (1) In general For purposes of receiving an emergency grant under section 2(d)(1) of this Act, in addition to a local educational agency that meets the eligibility requirements for the award of such a grant under any of subparagraphs (A), (C), or (D) of section 7007(b)(3) of the Elementary and Secondary Education Act of 1965 ( 20 U.S.C. 7707(b)(3) ), a local educational agency that meets the requirements described in paragraph (2) of this subsection (without regard to whether the agency meets the requirements of such subparagraphs (A), (C), or (D)), shall be eligible for such a grant. (2) Requirements A local educational agency meets the requirements of this paragraph, if such agency has— (A) a total taxable assessed value of real property that may be taxed for school purposes of less than $100,000,000