; and (ii) provide an opportunity for the applicant to resubmit the application. (2) Disbursement If the Administrator approves an application under paragraph (1)(C), the Administrator shall disburse grant funds not later than 60 days after the date of the determination. (c) Cost-Share (1) In general Except as provided in paragraph (2), the non-Federal share of an activity carried out using a grant under subsection (a) shall be 25 percent. (2) Waiver The Administrator may waive the cost-share requirement under paragraph (1) if the Administrator determines that the cost-share requirement would be financially unreasonable due to the inability of a community being served by the publicly owned treatment works for which the grant is sought to comply with the cost-share requirement. (d) Compliance with Buy America Section 608 shall apply to grant funds under this section. (e) Report to Congress (1) In general Not later than 180 days after the date of enactment of this section, and not less frequently than annually thereafter, the Administrator shall submit to Congress a report that— (A) describes— (i) the projects awarded grants under subsection (a); and (ii) the improvements in the resiliency of publicly owned treatment works that resulted from the grants awarded under subsection (a); and (B) includes any recommendations of the Administrator to improve the ability of grants under subsection (a) to achieve the purposes described in section 2 of the Water Infrastructure Modernization Act of 2023 . (2) Initial report The initial report required under paragraph (1) shall include a description of the implementation of this section, including a description of— (A) the projects approved for a grant under subsection (a); (B) the projects denied a grant under subsection (a)