; (B) any single grant award more than 10 percent of total allocation of funds to carry out this subsection per fiscal year appropriation; or (C) activities, including channel improvements or harbor deepening, authorized, as of the date of the application for assistance under this subsection, to be carried out by of the Corps of Engineers. (5) Matching requirements (A) In general The Secretary may not provide assistance under this subsection unless the Secretary determines that sufficient funding is available to meet the matching requirements of subsection (c)(8). Any costs of the project to be paid by the recipient’s matching share may be incurred prior to the date on which assistance is provided. (B) Inclusions For the purpose of making the determination under subparagraph (A), funding may include a loan agreement, a commitment from investors, cash on balance sheet, or other contributions determined acceptable by the Secretary. (6) Application and award (A) Minimum standards for payment or reimbursement Each application submitted shall include a comprehensive description of— (i) the project; (ii) the need for the project; (iii) the methodology for implementing the project; and (iv) documentation of matching funds as described in paragraph (5). (B) Demonstration of effectiveness In determining whether a project will achieve the purposes for which such assistance is requested under this subsection, the Secretary shall accept documentation used to obtain a commitment of the matching funds described in paragraph (5), including feasibility studies, business plans, investor prospectuses, loan applications, or similar documentation. (C) Project approval required The Secretary may not award a grant under this subsection unless the Secretary determines that the— (i) project will be completed without unreasonable delay