The Office of Resilience shall: coordinate and administer federal prevention, protection, mitigation, and recovery–focused programs; administer State mitigation grants and loans; identify flood risk assessment tools for use by programs and projects statewide; administer other programs as directed by the Secretary and the Chief Resilience Officer; prioritize vulnerable communities and ensure that investments are made with a focus on environmental justice; and conduct outreach and provide technical assistance to local jurisdictions to support the development of local resiliency plans. On or before January 1, 2024, and each January 1 thereafter, the Office of Resilience shall report to the State Treasurer, the Governor, and, in accordance with § 2–1257 of the State Government Article, the General Assembly on the current status and efficacy of State and local resiliency efforts. The report shall include: a summary of the activity of the Office of Resilience during the previous calendar year; recommendations based on information gathered by the Maryland Department of the Environment and the University of Maryland Center for Environmental Science; and plans to increase resiliency in the State for the next year, 2 years, 5 years, and 10 years, including potential funding sources for the plans.