; and (4) the project is addressing flooding or hurricane or storm damage effects that have a disproportionate impact on a rural community or a community of color (as such term is defined in section 111 of this Act), including Tribal or indigenous peoples. (d) Administration Notwithstanding the requirements of section 105(a)(1)(A) of the Water Resources Development Act of 1986 ( 33 U.S.C. 2215 ), the Federal share of the cost of a feasibility study carried out under the pilot program shall be 100 percent. (e) Geographic diversity When selecting feasibility studies under subsection (b)(3), the Secretary shall consider the geographic diversity among proposed projects. (f) Study requirements Feasibility studies carried out under this subsection shall, to the maximum extent practical, incorporate natural features or nature-based features (as such terms are defined in section 1184 of the Water Resources Development Act of 2016 ( 33 U.S.C. 2289a )), or a combination of such features and nonstructural features, that avoid or reduce at least 50 percent of flood or storm damages in one or more of the alternatives included in the final alternatives evaluated. (g) Notification The Secretary shall notify the Committee on Transportation and Infrastructure of the House of Representatives and the Committee on Environment and Public Works of the Senate of the selection of each feasibility study under the pilot program. (h) Completion Upon completion of a feasibility report for a feasibility study selected to be carried out under this section, the Secretary shall transmit the report to Congress for authorization, and shall include the report in the next annual report submitted under section 7001 of the Water Resources Reform and Development Act of 2014 ( 33 U.S.C. 2282d ). (i) Sunset The authority to commence a feasibility study under this section shall terminate on the date that is 10 years after the date of enactment of this Act. (j) Report Not later than 5 years and 10 years after the date of enactment of this Act, the