In evaluating and selecting applications for an investment under this program, the Department shall consider:

1. (1) The anticipated benefits arising from the investment to the applicant, including both the potential impact on agricultural development and rural economic development;
2. (2) The qualifications of the applicant;
3. (3) The ability of the applicant to leverage its own funds with RED C4T funds to ensure RED C4T funds are mobilized;
4. (4) The applicant's ability to administer RED C4T funds;
5. (5) The extent and level of other funding sources for the applicant;
6. (6) The applicant's ability to meet the program's objectives including current and previous success in supporting agricultural development and/or rural economic development; and
7. (7) The applicant's present involvement with related local organizations.

Source Note:The provisions of this §29.28 adopted to be effective December 29, 2020, 45 TexReg 9409.