In awarding grants, loans or incentive funds for projects undertaken in connection with grant, loan or incentive programs, state agencies listed in ORS 284.754(3)(a)(A) to (E) shall, consistent with the programs' enabling legislation, rules and regulations, use regional priorities for community and economic development as described in ORS 284.754 in the consideration of project funding decisions and base decisions of which projects to undertake upon whether the project will:
(1) Use regional and community-based problem solving.(2) Support regional and community-based means of integrating state and local resources and services.(3) Create jobs in relation to the economy and population of the region directly impacted by the project.(4) Involve investment of capital in relation to the economy and population of the region directly impacted by the project.(5) Have community support, as indicated by the support of the governing body of the local government.(6) Have obtained appropriate land use and environmental reviews and authorizations prior to utilization of funds.