; or (ii) 85 percent of the cost of the activity in the case of a State that has enacted a requirement for the disclosure of severe coastal flood hazards, including sea level rise, that meets criteria for such disclosure established by the Secretary, to buyers of real estate in the coastal zone. (B) Exception The Secretary may reduce or waive the matching requirement under paragraph (5) if a coastal state submits a written request to the Secretary for a waiver with a justification as to why the State cannot meet the match requirement, and the Secretary determines such justification sufficient to waive such requirement. (d) Grants for Severe Coastal Flood Hazard Plan Implementation (1) The Secretary, at the Secretary’s discretion or at the request of the Governor of a State, may use amounts in the Fund to issue grants to a coastal state with a severe coastal flood hazard preparedness plan approved under to subsection (d) to implement the approved plan. (2) Activities eligible for funding under this subsection include: (A) conducting a public awareness campaign to inform the public and decision-makers about severe coastal flood hazards; (B) developing, enacting, and administering a state or local law prohibiting new and significantly expanded development in areas at risk of severe coastal flood hazards; (C) developing, enacting, and administering a state requirement for disclosure of severe coastal flood hazards, including sea level rise, to buyers of real estate; (D) making grants to local governments, or regional consortiums of local governments, to implement the state plan, including development of local or regional plans and site-specific plans or projects; and (E) planning, designing, and implementing projects to— (i) protect existing public infrastructure and residential and commercial properties, including built structures, natural infrastructure, and living shorelines