; and (3) investment in a variety of transportation modes. (f) Fair consideration The Secretary shall ensure that— (1) eligible projects receive fair consideration under the program; and (2) funds made available to carry out the program are used to provide funding for eligible projects to the maximum extent practicable. (g) Grant amounts A grant funded under the program shall be not less than $5,000,000 and not greater than $45,000,000. (h) Awards in single State Not more than 10 percent of the funds made available under the program for a fiscal year may be awarded to projects in a single State. (i) Federal share The Federal share of the costs for which an expenditure is made under the program shall be, at the option of the recipient, up to 80 percent. (j) Priority projects In carrying out the program, the Secretary shall give priority to projects that require a contribution of Federal funds in order to complete an overall financing package. (k) Rural areas (1) Set aside Not less than 20 percent of the funds provided under the program for a fiscal year shall be for projects located in rural areas (as defined in section 101(a) of title 23, United States Code). (2) Grant amounts; Federal share For projects located in rural areas— (A) the minimum grant size under the program shall be $1,000,000; and (B) the Secretary may increase the Federal share of costs above 80 percent. (l) Wage rate requirements Projects conducted using funds provided under the program must comply with the requirements of subchapter IV of chapter 31 of title 40, United States Code. (m) Annual competitions For each fiscal year, the Secretary shall conduct a new competition to select projects for grants and credit assistance awarded under the program. (n) Administrative expenses To fund the award and oversight of grants and credit assistance made under the program, the Secretary may— (1) retain up to $25,000,000 of the funds provided to carry out the program for a fiscal year