applicant may resubmit the application under 
this subsection. 
‘‘(2) CONSIDERATIONS; PRIORITY.—In award-
ing grants under the program, the Secretary shall— 
‘‘(A) consider the need for the eligible 
project based on the assessment of need sub-
mitted under subsection (e)(2) and subject to 
the criteria established under subsection (c); 
‘‘(B) give priority to applicants that pro-
pose to fund eligible projects that promote— 
‘‘(i) the preservation of suburban for-
est land; 
‘‘(ii) the creation of community for-
ests; 
‘‘(iii) the sustainable management of 
private forest land; 
‘‘(iv) community involvement in deter-
mining the objectives for eligible projects 
that are funded under this section; 
‘‘(v) primary and secondary value- 
added forest products industries and em-
ployment; 
‘‘(vi) the protection of water, wildlife, 
scenic, and recreational resources on pri-
vate forest lands; and 
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‘‘(vii) the protection of forestlands 
recognized as conservation priorities within 
Federal, regional, State, or local water-
shed, open space, or other resource protec-
tion plans; and 
‘‘(C) require a certification from the rel-
evant local government that the preservation of 
suburban forest land as contemplated by the 
application is consistent with any comprehen-
sive plan for development adopted by the local 
government. 
‘‘(g) COST SHARING.— 
‘‘(1) IN
GENERAL.—The amount of a grant 
awarded under the program to carry out an eligible 
project shall not exceed 50 percent of the total cost 
of the eligible project. 
‘‘(2) ASSURANCES.—As a condition of receipt of 
a grant under the program, an eligible entity shall 
provide to the Secretary such assurances as the Sec-
retary determines are sufficient to demonstrate that 
the share of the cost of each eligible project that is 
not funded by the grant awarded under this section 
has been secured. 
‘‘(3) FORM.—The share of the cost of carrying 
out any eligible project that is not funded by a grant 
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awarded under the program may be provided in cash 
or in kind (including a donation of land). 
‘‘(h) USE OF GRANT FUNDS FOR PURCHASES OF 
LAND OR EASEMENTS.— 
‘‘(1) PURCHASES.— 
‘‘(A) 
PURCHASE
AT
FAIR
MARKET 
VALUE.—Except as provided in subparagraph 
(B), funds made available, and grants awarded, 
under the program may be used to purchase 
private forest land or interests in private forest 
land (including conservation easements) only 
from willing sellers at fair market value. 
‘‘(B) PURCHASE AT LESS THAN FAIR MAR-
KET VALUE.—A sale of private forest land or 
an interest in private forest land at less than 
fair market value shall be permitted only on 
certification by the landowner that the sale is 
being entered into willingly and without coer-
cion. 
‘‘(2) TITLE.—Title to private forest land or an 
interest in private forest land purchased under para-
graph (1) may be held, as determined appropriate by 
the Secretary, in consultation with the State and rel-
evant local government, by— 
‘‘(A) a State; 
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‘‘(B) a unit of local government; or 
‘‘(C) a nonprofit organization. 
‘‘(3) TERMINATION OF EASEMENT.—Except as 
provided in paragraph (4), all right, title, and inter-
est of a unit of local government or nonprofit organi-
zation in and to a conservation easement purchased 
under paragraph (1) shall terminate and vest in the 
State if the State determines that— 
‘‘(A) the unit of local government or non-
profit organization is unable or unwilling to en-
force the terms of the conservation easement; or 
‘‘(B) the conservation easement has been 
modified in a way that is inconsistent with the 
purposes of the program. 
‘‘(4) CONVEYANCE
TO
ANOTHER
UNIT
OF 
LOCAL
GOVERNMENT
OR
NONPROFIT
ORGANIZA-
TION.—If a State makes a determination under 
paragraph (3), the State may convey or authorize 
the unit of local government or nonprofit organiza-
tion to convey the conservation easement to another 
unit of local government or nonprofit organization. 
‘‘(i) ADMINISTRATIVE COSTS.—The State, on ap-
proval of the Secretary and subject to any regulations pro-
mulgated by the Secretary, may use amounts made avail-
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