; (II) financial well-being; (III) history of receipt of government benefits; and (IV) if a program seeks to increase the employment or employability of participants, any barriers to employment or work expenses; (E) the project will be deficit neutral; and (F) the State will use any potential cost savings on assistance to meet the needs of program participants, subject to subsection (h)(2); and (5) in the case of a waiver for a covered program described in subsection (a)(2)(B), an assurance that public housing agencies received an opportunity to provide input in the preparation of the application. (e) Evaluating and approving applications (1) In general A waiver to carry out a project for a covered program under this section shall be authorized only if the Board approves the application for the project submitted under subsection (d). (2) Public comment The Board shall receive comments from the public, including stakeholders in the State, for a 30-day period beginning on the date of receipt of an application submitted by a Governor. (3) Decision deadline The Board shall make a decision on an application submitted by a Governor not later than 90 days after the date of receipt of the application. (4) Disapproval If the Board disapproves the application of a Governor— (A) the Board shall provide the Governor with a detailed explanation of the decision; (B) the Governor may submit a modified application to the Board for approval; and (C) if a modified application is submitted, the Board shall make a decision not later than 30 days after the date of receipt of the modified application. (5) Evaluating applications In evaluating an application to carry out a project, the Board shall— (A) evaluate the application on the basis of the whether the project— (i) promotes, with respect to program participants— (I) employment; (II) savings and financial literacy; and (III) family stability; (ii) reduces the dependence of program participants on government assistance; and (iii) reduces poverty