; and (B) reasonably expected to begin construction by not later than 2 years after the date of obligation of funds provided under this subsection for the project. (3) Application To be eligible to receive a grant under this subsection, an Appalachian State shall submit to the Secretary an application at such time, in such manner, and containing such information as the Secretary may require. (4) Federal share The Federal share of the cost of a project carried out using a grant provided under this subsection shall be up to 100 percent, at the discretion of the Appalachian State. (5) Limitation An Appalachian State that enters into an agreement to exchange funds under subsection (d) for any fiscal year shall not be eligible to receive a grant under this subsection. (f) Transfer from TIFIA program (1) In general On October 1 of each fiscal year, the Secretary shall reserve, for the purpose of funding transfers under paragraph (2) until the transfers are completed, the amount of TIFIA carryover balance that exceeds the amount available to carry out the TIFIA program for that fiscal year. (2) Transfers For each fiscal year, not later than 60 days after the date on which the Secretary receives the responses to the solicitations under subsection (c)(1), the Secretary shall transfer from the TIFIA program to the program an amount of contract authority and equal amount of obligation limitation that is equal to the lesser of— (A) the total amount requested by all Appalachian States for the fiscal year under subsection (c)(1)(B)(i); (B) the total amount requested by all Appalachian States for grants under subsection (c)(1)(B)(ii); and (C) the amount reserved under paragraph (1). . (b) Clerical amendment The analysis for chapter 1 of title 23, United States Code, is amended by inserting after the item relating to section 170 the following: 171. Balance exchanges for infrastructure program. .