Eligible activities include, but are not limited to, the following:
(a)
Developing economic development activities that include:
(1)
Creating permanent jobs in the neighborhood; or
(2)
Establishing or expanding businesses within the neighborhood;
(b)
Developing new housing, rehabilitating existing housing, or managing housing stock within the neighborhood;
(c)
Developing delivery mechanisms for essential services that have lasting benefits to the neighborhood; and
(d)
Planning, promoting, or financing voluntary neighborhood improvement efforts.