I've been told that whenever a phrase or clause is the subject of a sentence, the phrase/clause is always considered singular. Hence the verb corresponding to that phrase should also be singular.
Example -
Repairing the foreclosed properties that are in bad condition is the latest initiative by the banks to stay competitive in the real estate market.
The underlined portion of the sentence is the phrase subject. The use of IS instead of ARE is correct here.
Would this still hold true in the following sentence?
Repairs on the foreclosed properties that are in bad condition is the latest initiative by the banks to stay competitive in the real estate market.
The above sentence feels wrong to me. Instinctively my brain says - Repairs is plural therefore the verb should be are instead of is.
Can someone please clarify? Thanks!