; (iv) is proposed by an eligible entity with legal authority— (I) to develop the project; (II) to provide the proposed drinking water or wastewater services; and (III) to obtain necessary financing, including operations and maintenance funding; (v) will comply with relevant State and local environmental and other laws (including regulations), including with respect to— (I) obtaining any necessary operating permits and licenses; and (II) complying with any other regulatory requirements related to land acquisition and rights-of-way; and (vi) has the support of appropriate Mexican Federal and State agencies, including the Comision Nacional de Agua (commonly known as CONAGUA or the Mexican National Water Commission) and any appropriate State or municipal water utility, if the project is located in Mexico. (B) Exclusions The term eligible project does not include a project— (i) for new water supply; (ii) that threatens an ecosystem located in the United States, or that is located in both the United States and Mexico, if the project causes a reduction in the flow of water