; (2) assist the entities described in paragraph (1) with coordinating loan and loan guarantee programs available through Federal agencies, including the Department of Transportation and other Federal agencies, as appropriate; (3) work with the entities described in paragraph (1) to identify and develop a pipeline of projects suitable for financing through innovative project financing and performance based project delivery, including those projects with the potential for financing through IFA; and (4) establish a regional infrastructure accelerator demonstration program to assist the entities described in paragraph (1) in developing improved infrastructure priorities and financing strategies, for the accelerated development of covered infrastructure projects, including those projects with the potential for financing through IFA. (c) Designation of regional infrastructure accelerators In carrying out the program established pursuant to subsection (b)(3), the OTRA is authorized to designate regional infrastructure accelerators that will— (1) serve a defined geographic area; and (2) act as a resource in such area to entities described in subsection (b)(1), in accordance with this subsection. (d) Application process To be eligible for a designation under subsection (c), regional infrastructure accelerators shall submit a proposal to the OTRA at such time, in such form, and containing such information as the OTRA determines is appropriate. (e) Considerations In evaluating proposals submitted pursuant to subsection (d), the OTRA shall consider— (1) the need for geographic diversity among regional infrastructure accelerators; and (2) promoting investment in covered infrastructure projects, which shall include a plan— (A) to evaluate and promote innovative financing methods for local projects, including the use of IFA; (B) to build capacity of governments to evaluate and structure projects involving the investment of private capital