; (3) the broadband program will comply with all applicable Federal, State, and local laws; (4) the eligible entity will meet the non-Federal funds requirements under subsection (e), including the source and amount of such other funding; and (5) the eligible entity will accomplish the broadband program goals not later than to 5 years after receiving an award under this section. (d) Priority In awarding grants, loans, or loan guarantees under this section, the Under Secretary may give priority to— (1) a broadband program that— (A) will serve the largest population by— (i) increasing the affordability and number of subscribers; (ii) increasing broadband speed; or (iii) enhancing healthcare delivery, education, or services for children; and (B) will serve a rural area (as such term is defined in section 203(b)); and (2) an eligible entity that is a socially and economically disadvantaged small business concern as defined under section 8(a) of the Small Business Act ( 15 U.S.C. 637(a) ). (e) Non-Federal funds requirements (1) In general Except as provided in paragraph (2), the recipient of a grant under this section shall provide funds, in-kind contributions, or a combination of both, from sources other than funds provided through such grant in an amount that is at least equal to 20 percent of the amount of such grant. (2) Exception The Under Secretary may provide a waiver to the requirements of paragraph (1) to an eligible entity that— (A) submits an application for such waiver, at such time, in such manner, and containing such information as the Under Secretary may require; and (B) demonstrates financial need. (f) Deobligate funds In addition to other authority under applicable law, the Under Secretary may deobligate awards under this section if an eligible entity demonstrates— (1) an insufficient level of performance