; and (2) commit to reserving at least 50 percent of the floor area of the farmers’ market for the sale of products that are produced locally, as determined by the Secretary, by farmers, ranchers, or aquaculture, mariculture, or fisheries operators, or by associations of farmers, ranchers, or such operators. (c) Cost sharing (1) Grants The amount of a grant under this section shall not exceed 25 percent of the cost of the activity for which the grant is made. (2) Maximum amount The combined amount of a grant made and loan made or guaranteed under this section shall not exceed 80 percent of the cost of the activity for which the grant or loan is made or guaranteed. (d) Interest rate (1) In general A loan made by the Secretary under subsection (a) shall bear interest at the rate equivalent to the rate of interest charged on Treasury securities of comparable maturity on the date the loan is approved. (2) Duration The interest rate referred to in paragraph (1) with respect to a loan referred to in such paragraph shall remain in effect for the term of the loan. (e) Funding Of the funds of the Commodity Credit Corporation, the Secretary shall make available to carry out this section $50,000,000 for each of fiscal years 2024 through 2029. 6. Pilot program for food banks and local farmer contracting for local procurement (a) Establishment The Secretary of Agriculture shall establish a pilot grant program in which food banks may voluntarily contract with their local farmers for them to grow produce for food bank programs to promote local procurement of produce. Food banks serving economically depressed or food desert areas hall be given priority to receive grants under this section. The Secretary shall make grants to food banks in 5 urban ZIP Codes (as designated by the Census Bureau), 5 suburban ZIP Codes (as designated by the Census Bureau), and 5 rural ZIP Codes (as designated by the Census Bureau) distributed as follows: (1) 3 of such grants in each ZIP Code selected under paragraph (1) shall be awarded to food banks