; and (2) that shall be managed and administered by the Secretary to make payments, in accordance with this section, to host communities. (c) Deposits in the Fund (1) In general Notwithstanding any other provision of law, a portion, determined in accordance with paragraph (2), of the interest charged and collected with respect to a covered loan each fiscal year shall be deposited in the Fund to carry out the provisions of this Act. (2) Determination of portion The Secretary, in consultation with the Secretary of the Treasury, shall determine the portion of interest charged and collected each fiscal year that shall be deposited in the Fund under this subsection. (d) Expenditures from the Fund (1) Availability of amounts Amounts in the Fund shall be available, as provided in appropriation Acts, for making payments as described in subsection (b)(2). (2) Payments (A) In general The Secretary shall make a payment to a host community under this section not later than 18 months after construction of the applicable eligible project commences. (B) Single sum For any 1 eligible project, the Secretary may make not more than 1 payment under this section to each host community eligible to receive a payment relating to that eligible project. (3) Eligibility A host community shall be eligible to receive a payment under this section if the host community— (A) submits a request to the Secretary not later than 1 year after the host community receives notice under paragraph (4)