In evaluating applications for financial assistance under this
subchapter, the board and staff shall consider at minimum:
(1) The anticipated benefits arising from the financial
assistance to the applicant, including both the potential impact on
agricultural development and rural economic development;
(2) The qualifications and eligibility of the applicant;
(3) The applicant's ability to repay the financial
obligation;
(4) The demonstrated level of need for the Authority's
financial assistance;
(5) The funding needed for continued development;
(6) The collateral offered by the applicant; and
(7) The present involvement and support of local organizations.
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