; (B) any calculation of income performed with respect to households receiving ongoing assistance (such as medium-term rental assistance) 3 months after initial receipt of assistance shall consider only the income that the household is receiving at the time of such review; and (C) the calculation of income performed with respect to households receiving assistance for arrearages shall consider only the income that the household was receiving at the time such arrearages were incurred. (d) 3-Year availability (1) In general Each recipient of amounts made available pursuant to subsection (a) shall— (A) expend not less than 60 percent of such grant amounts within 2 years of the date that such funds became available to the recipient for obligation; and (B) expend 100 percent of such grant amounts within 3 years of such date. (2) Reallocation after 2 years The Secretary may recapture any amounts not expended in compliance with paragraph (1)(A) and reallocate such amounts to recipients in compliance with the formula referred to in subsection (h)(1)(A). (e) Rent restrictions (1) Inapplicability Section 576.106(d) of title 24, Code of Federal Regulations, shall not apply with respect to homelessness prevention assistance made available with amounts made available under subsection (a). (2) Amount of rental assistance In providing homelessness prevention assistance with amounts made available under subsection (a), the maximum amount of rental assistance that may be provided shall be the greater of— (A) 120 percent of the higher of— (i) the Fair Market Rent established by the Secretary for the metropolitan area or county; or (ii) the applicable Small Area Fair Market Rent established by the Secretary