; and (II) support for an environmental market; (iv) projects that promote groundwater replenishment; (v) projects that facilitate pilot testing of new conservation practices, technologies, or activities; (vi) projects that promote the long-term viability and sustainability of agricultural land through innovative agricultural land protection strategies and mechanisms, including projects that support the transfer of land to beginning farmers and ranchers, veteran farmers and ranchers (as determined by the Secretary), socially disadvantaged farmers and ranchers, and limited resource farmers and ranchers (as determined by the Secretary); and (vii) other projects for which the Secretary determines that the goals and objectives of the program would be easier to achieve through the grant agreement; and (C) the Secretary may provide technical and administrative assistance, as mutually agreed by the parties. (3) Nonapplicability of adjusted gross income limitation The adjusted gross income limitation described in section 1001D(b)(1) shall not apply to the receipt by an eligible partner of a grant under this subsection. (4) Limitation The Secretary may not use more than 30 percent of funding made available to carry out the program for grant agreements. (5) Reports An eligible partner that enters into a grant agreement under this subsection shall submit to the Secretary— (A) any information that the Secretary requires to prepare the report under section 1271E(b); and (B) an annual report that describes the status of the project carried out by the eligible partner, including a description of— (i) the use of the grant funds; (ii) any subcontracts awarded using grant funds; (iii) the eligible producers receiving funding using the grant funds; (iv) (I) the progress made by the project in addressing each natural resource concern defined in the grant agreement, including in a quantified form; and (II) as appropriate, other environmental, economic, or social outcomes of the project