; and (B) in a manner that balances the needs of urban, suburban, and rural communities. (4) Deadline Not later than 1 year after the date on which funds are made available to carry out the program for each fiscal year, the Administrator shall select projects to receive grants under the program. (g) Requirements (1) Total State limit For each fiscal year, the total amount provided under the program for projects in a single State shall not exceed 20 percent of the total amount made available to carry out the program. (2) Federal share The Federal share of the cost of a project carried out with a grant under the program shall not exceed 100 percent. (h) Regulations The Administrator may promulgate such regulations as may be necessary to carry out this section. (i) Reports Not later than 2 years after the date of enactment of this Act, the Administrator shall submit to Congress and make publicly available a report on the implementation of the program. (j) Funding (1) Authorization of appropriations There is authorized to be appropriated to carry out this section $500,000,000 for each of fiscal years 2018 through 2027. (2) Availability Funds made available to carry out this section shall be available until expended.