; (II) apply a resale formula that limits the homeowner’s proceeds upon resale; and (III) provide the program administrator or such administrator’s assignee a preemptive option to purchase the homeownership unit from the homeowner at resale. (j) Authorization of appropriations (1) In general There is authorized to be appropriated to carry out this section $5,000,000,000 for each of fiscal years 2024 through 2034. (2) Set aside The Secretary shall award at least $500,000,000 of any amounts appropriated pursuant to this subsection to eligible local partnerships that will provide neighborhood revitalization support activities to localities outside of a Metropolitan Statistical Area, as designated by the Office of Management and Budget. The priority under subsection (c)(2)(I) (relating to matching funds) shall not apply to amounts awarded under this paragraph. (3) NOFA The Secretary shall issue a Notice of Funding Availability for grants under this section not later than the expiration of the 180-day period beginning upon the date of the enactment of this Act. 4. Self-Help Homeownership Opportunity Program There is authorized to be appropriated for grants under section 11 of the Housing Opportunity Program Extension Act of 1996 ( 42 U.S.C. 12805 note) $250,000,000 for fiscal year 2024, which shall remain available until September 30, 2034.