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    (a)    The recipient of financial assistance from the Program shall submit to the Department quarterly progress reports on the development of a community enhancement project.

    (b)    (1)    On or before October 31 each year, the Department shall submit a report to the Governor and, subject to § 2–1257 of the State Government Article, the General Assembly.

        (2)    The report shall include, for the previous fiscal year:

            (i)    the number of applications received;

            (ii)    the number and location of community enhancement projects;

            (iii)    the financial status of the Program, including the amount and types of financial assistance encumbered and disbursed; and

            (iv)    a summary of the quarterly reports submitted under subsection (a) of this section.