; (2) respond to the unprecedented loss of Black-owned businesses and unemployment; and (3) otherwise enhance the stability, safety and soundness of community financial institutions that support low- and moderate-income and minority communities. 704. Considerations; requirements for creditors (a) In general In exercising the authorities under this title and the amendments made by this title, the Secretary of the Treasury shall take into consideration— (1) increasing the availability of affordable credit for consumers, small businesses, and nonprofit organizations, including for projects supporting affordable housing, community-serving real estate, and other projects, that provide direct benefits to low- and moderate-income communities, low-income and underserved individuals, and minorities; (2) providing funding to minority-owned or minority-led eligible institutions and other eligible institutions that have a strong track record of serving minority small businesses; (3) protecting and increasing jobs in the United States; (4) increasing the opportunity for small business, affordable housing and community development in geographic areas and demographic segments with poverty and high unemployment rates that exceed the average in the United States; (5) ensuring that all low- and moderate-income community financial institutions may apply to participate in the programs established under this title and the amendments made by this title, without discrimination based on geography; (6) providing transparency with respect to use of funds provided under this title and the amendments made by this title; (7) promoting and engaging in financial education to would-be borrowers