; and (2) the Secretary determines that such action will help to effectuate the purposes of this title. 313. Withdrawal of funding If a grantee under this title does not proceed within a reasonable timeframe in implementing its transformation plan or does not otherwise comply with the requirements of this title and the grant agreement, as determined by the Secretary, the Secretary may withdraw any grant amounts under this title that have not been obligated by the grantee. The Secretary may redistribute any withdrawn amounts to one or more other eligible entities capable of proceeding expeditiously in the same locality in carrying out the transformation plan of the original grantee, or as such plan may be modified and approved by the Secretary, or, if that is not feasible, to one or more other applicants that has already received assistance under this title. 314. Annual report; public availability of grant information (a) Annual report Not less than 90 days before the conclusion of each fiscal year, the Secretary shall submit to Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate a report on the implementation and status of grants awarded under this title, which shall include— (1) the number, type, and cost of affordable housing units revitalized pursuant to this title; (2) the amount and type of financial assistance provided under and in conjunction with this title, including a specification of the amount and type of assistance provided for educational opportunities, services, public assets, public transportation, and access to jobs; (3) the impact of grants made under this title on the original residents, the target neighborhoods, and the larger communities within which they are located; (4) all information submitted to the Secretary pursuant to section 307(e)(1) by all grantees and summaries of the extent of compliance by grantees with the requirements under subsections (a) and (g) of section 307