; (2) in subsection (c)(2) by adding at the end the following: (E) Reallocation Amounts apportioned under section 5310(c)(1)(A) may be reallocated to projects in areas other than urbanized areas. ; (3) by striking paragraphs (1) and (2) of subsection (d) and inserting the following: (1) Capital projects (A) In general Except as provided in subparagraph (B), a grant awarded under this section for a capital project shall be 80 percent of the net costs of the project, as determined by the Secretary. (B) Exception A State described in section 120(b) of title 23 shall receive a Government share of the net costs in accordance with the formula under such section. (2) Operating Assistance (A) In general Except as provided by subparagraph (B), a grant awarded under this section for a operating assistance may not exceed an amount equal to 50 percent of the net operating costs of the project, as determined by the Secretary. (B) Exception A State described in section 120(b) of title 23 shall receive a Government share of the net costs that is equal to 62.5 percent of the Government share provided for under paragraph (1)(B). ; and (4) by striking subsection (e)(1) and inserting the following: (1) In general To the extent the Secretary determines appropriate, the requirements of— (A) section 5307 shall apply to recipients of grants made in urbanized areas under this subsection; and (B) section 5311 shall apply to recipients of grants made in rural areas under this subsection. . 4. Formula grants for rural areas Section 5311(g) of title 49, United States Code, is amended— (1) in paragraph (1) by adding at the end the following: (C) Projects in qualified opportunity zones, medically underserved areas, or areas with a medically underserved population A grant awarded under this section for a capital project in a qualified opportunity zone, a medically underserved area, or areas with a medically underserved population shall be for 90 percent of the net costs of the project, as determined by the Secretary.