under subparagraph (A) shall be granted or denied not later than 45 days after submission of such request. (C) Prohibition on determination that loan is a duplication Notwithstanding subsection (c), in carrying out subparagraph (A), the President may not determine that a loan is a duplication of assistance, provided that all Federal assistance is used toward a loss suffered as a result of the major disaster or emergency. . (b) Funding of a federally authorized water resources development project (1) Eligible activities Notwithstanding section 312 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act ( 42 U.S.C. 5155 ) and its implementing regulations, assistance provided pursuant to section 404 of such Act may be used to fund activities authorized for construction within the scope of a federally authorized water resources development project of the Army Corps of Engineers if such activities are also eligible activities under such section. (2) Federal funding All Federal funding provided under section 404 pursuant to this subsection shall be applied toward the Federal share of such project. (3) Non-Federal match All non-Federal matching funds required under section 404 pursuant to this subsection shall be applied toward the non-Federal share of such project. (4) Total Federal share Funding provided under section 404 pursuant to this subsection may not exceed the total Federal share for such project. (5) No effect Nothing in this subsection shall— (A) affect the cost share requirement of a hazard mitigation measure under section 404