The department of development and the executive committees of district public works integrating committees shall apply the following factors to eligible projects under the annual competitive process to determine a priority order for the eligible projects subject to that process:(A) The potential economic impact of the eligible project;(B) The potential impact of the eligible project on economic distress;(C) The amount of local, federal, and private funding available for the eligible project;(D) The demonstrated need for the eligible project;(E) The strength of the eligible project's marketing plan, if appropriate;(F) The level of financial need;(G) Any other factor the director of development determines should be considered.