; and (4) $100,000,000 for the costs to the Secretary of administering and overseeing the implementation of this section and community and economic development programs overseen by the Secretary generally, including information technology, financial reporting, research and evaluations, and other cross-program costs in support of programs administered by the Secretary in this title, and other costs. (b) Establishment of Fund The Secretary of Housing and Urban Development (in this section referred to as the Secretary ) shall establish a Community Restoration and Revitalization Fund (in this section referred to as the Fund ) to award planning and implementation grants on a competitive basis to eligible recipients as defined in this section for activities authorized under subsections (a) through (g) of section 105 of the Housing and Community Development Act of 1974 ( 42 U.S.C. 5305 ) and under this section for community-led affordable housing and civic infrastructure projects. (c) Eligible geographical areas, recipients, and applicants (1) Geographical areas The Secretary shall award grants from the Fund to eligible recipients within geographical areas at the neighborhood, county, or census tract level, including census tracts adjacent to the project area that are areas in need of investment, as demonstrated by two or more of the following factors: (A) High and persistent rates of poverty. (B) Population at risk of displacement due to rising housing costs. (C) Dwelling unit sales prices that are lower than the cost to acquire and rehabilitate, or build, a new dwelling unit. (D) High proportions of residential and commercial properties that are vacant due to foreclosure, eviction, abandonment, or other causes. (E) Low rates of homeownership by race and ethnicity, relative to the national homeownership rate. (2) Eligible recipient An eligible recipient of a planning or implementation grant under subsection (a)(1) or an implementation grant under subsection (a)(2) shall be a local partnership of a lead applicant and