; (B) a description of the eligible activities under subsection (c)(1) to be carried out using grant and matching amounts; (C) a timetable for carrying out such eligible activities, which shall provide for the expenditure of grant and matching amounts within 5 years after receipt; and (D) identification of the sources of matching amounts to be provided in accordance with subsection (d) and assurances of the availability of such matching amounts. (f) Selection; criteria The Secretary shall select applications to receive grants under this section pursuant to a competition and based on criteria as established by the Secretary for such selection. (g) Definitions For purposes of this section, the following definitions shall apply: (1) Land bank The term land bank means— (A) a land bank, as such term is defined under State law