(E) a community with a population between 25 and 1,000 that is represented by
- (i) a council organized under 25 U.S.C. 476 (sec. 16 of the Indian Reorganization Act);
- (ii) a traditional village council recognized by the United States as eligible for federal aid to Indians; or
- (iii) an incorporated nonprofit entity or Native village council that the Department of Commerce, Community, and Economic Development, with advice from the Department of Law, has determined is eligible to receive and spend a community assistance payment under AS 29.60.865, if the incorporated nonprofit entity or Native village council agrees to act as a village governing body for the purposes of this chapter and provides for the ongoing maintenance of a project funded under this chapter.