whichever is longer. (d) Cost limits Subject to the provisions of this title, the Secretary shall establish cost limits on eligible activities under this title sufficient to provide for effective transformation programs. (e) Environmental review For purposes of environmental review, assistance and projects under this title shall be treated as assistance for special projects that are subject to section 305(c) of the Multifamily Housing Property Disposition Reform Act of 1994 ( 42 U.S.C. 3547 ), and shall be subject to the regulations issued by the Secretary to implement such section. (f) Grantee reporting The Secretary shall require grantees under this title to report the sources and uses of all amounts expended and other information for transformation plans for the Secretary’s annual report to Congress or other purposes as determined by the Secretary. 310. Demolition and disposition (a) Inapplicability of public housing demolition and disposition requirements to transformation plan The demolition or disposition of severely distressed public housing pursuant to a transformation plan approved under this title shall exempt from the provisions of section 18 of the United States Housing Act of 1937 ( 42 U.S.C. 1437p ). (b) Applicability of public housing demolition and disposition requirements to replacement public housing Nothing in this title may be construed to exempt any replacement public housing dwelling units provided under a transformation plan in accordance with the requirements under section 308 (relating to one-for-one replacement of public housing dwelling units) from the provisions of section 18 of the United States Housing Act of 1937. 311. Phase-specific underwriting To the extent that a transformation plan provides for different phases of activities, the Secretary may allow for the various phases of such plan to be underwritten on a separate basis. 312. Administration by other entities The Secretary may require a grantee under this title to make arrangements satisfactory to the Secretary for use of an