; (iii) include the amount of funds expended by the eligible entity to comply with the resident and community engagement requirements under paragraph (3); and (iv) be updated and submitted to Congress on a quarterly basis; and (D) a community impact assessment and analysis of— (i) the likely direct and indirect impact the grant funds, if awarded, will have on the economic empowerment and social mobility of traditionally disadvantaged individuals and communities; and (ii) whether the proposed actions to be taken under the grant would be affirmatively furthering fair housing, as defined in section 5.152 of title 24, Code of Federal Regulations, or any successor regulation. (3) Resident and community engagement before submitting application Before submitting an application for a grant under this subsection, an eligible entity shall— (A) solicit and consider community and public feedback, to the maximum extent possible, by providing for opportunities to comment via a cloud-based content collaboration provider that is certified by the Federal Risk and Authorization Management Program, through— (i) an initial public comment period, for which the eligible entity shall— (I) publish— (aa) a description of each of the grant programs established under subsection (a); and (bb) a form to be used to submit comments; and (II) give interested persons 90 days to— (aa) submit draft text directly into the application; (bb) submit written data and accounting estimates; and (cc) submit general comments; and (ii) a second public comment period beginning not later than 30 days after the end of the initial public comment period under clause (i), for which the eligible entity shall— (I) publish a draft version of the completed common application form described in subsection (a) that contains, at a minimum— (aa) a short analysis and evaluation of the relevant significant proposals set forth during the initial public comment period; and (bb) a clear and concise statement of the basis, purpose, and goals of the application