; and (ii) focusing on localities that have clear potential and relevant assets for developing a key technology focus area but have not yet become leading technology centers. (3) Grants (A) In general The Secretary shall carry out clause (ii) of paragraph (1)(A) through the award of grants to eligible consortia designated under clause (i) of such paragraph. (B) Term Each grant awarded under subparagraph (A) shall be for a period of 5 years, but may be renewed once for an additional period of 5 years. (C) Matching required The total Federal financial assistance awarded in a given year to an eligible consortium in support of the eligible consortium’s operation as a regional technology hub under this subsection shall not exceed amounts as follows: (i) In fiscal year 2021, 90 percent of the total funding of the regional technology hub in that fiscal year. (ii) In fiscal year 2022, 85 percent of the total funding of the regional technology hub in that fiscal year. (iii) In fiscal year 2023, 80 percent of the total funding of the regional technology hub in that fiscal year. (iv) In fiscal year 2024 and in each fiscal year thereafter, 75 percent of the total funding of the regional technology hub in that fiscal year. (D) Use of grant funds The recipient of a grant awarded under subparagraph (A) shall use the grant for multiple activities determined appropriate by the Secretary, including— (i) the permissible activities set forth under subsection (c)(2); and (ii) activities in support of key technology focus areas— (I) to develop the region’s skilled workforce through the training and retraining of workers and alignment of career technical training and educational programs in the region’s elementary and secondary schools and institutions of higher education; (II) to develop regional strategies for infrastructure improvements and site development in support of the regional technology hub’s plans and programs