; (II) update the list described in subclause (I) not less frequently than every 60 days; and (III) require each applicable public housing agency to post a notice on the internet website of the public housing agency, if applicable, and in each common area and at each entrance of each failing property of the public housing agency to alert residents of any such designation. (C) Agreement and notification Not later than 90 days after the date on which the Secretary designates a property as a failing property, or, if an applicable public housing agency makes an appeal or a petition under subparagraph (B)(ii) and that appeal or petition is denied, not later than 90 days after the date on which the appeal or petition is denied, the Secretary shall— (i) enter into an agreement with the public housing agency to which the failing property belongs— (I) under which the public housing agency shall establish an action plan to restore the failing property to good condition; and (II) that provides— (aa) a timeline for preserving the failing property in a manner consistent with subclauses (I) and (II) of subparagraph (A)(ii); and (bb) a deadline by which the failing property shall be required to be restored in a manner that qualifies the applicable public housing agency the public housing inventory of which includes the failing property, with respect to the failing property, as meeting a satisfactory standard of performance under the performance indicators; (ii) notify the residents of the failing property of the timeline and deadline described in clause (i) by requiring the public housing agency to post a notice of the timeline and deadline on the internet website of the public housing agency, if applicable, and in each common area and at each entrance of the failing property