the following requirements: (A) The local partnership includes a national or local nonprofit organization with expertise in community planning, engagement, organizing, development, or neighborhood revitalization and at least one of the following entities: (i) A city or county government. (ii) A land bank. (iii) A fair housing enforcement organization (as such term is defined in section 561 of the Housing and Community Development Act of 1987 ( 42 U.S.C. 3616a )). (iv) An anchor institution. (v) A nonprofit organization. (vi) A State housing finance agency (as such term is defined in section 106(h) of the Housing and Urban Development Act of 1968 ( 12 U.S.C. 1701x(h) )). (vii) A community development financial institution (as such term is defined in section 103(5) of the Community Development Banking and Financial Institutions Act of 1994 ( 12 U.S.C. 4702(5) )). (viii) A public housing agency (as such term is defined in section 3(b) of the United States Housing Act of 1937 ( 42 U.S.C. 1437a(b) )). (B) Such local partnership will use a grant awarded under this section to carry out neighborhood revitalization support activities in furtherance of a neighborhood revitalization strategy for eligible localities. (2) Eligible locality For the purposes of this section, an eligible locality is a geographic area or areas at the neighborhood or county level that meet at least four of the following objective criteria of economic distress: (A) Dwelling unit sales prices are lower than the cost to acquire and rehabilitate, or build, a new dwelling unit. (B) High proportions of residential and commercial properties are vacant due to foreclosure, eviction, abandonment, or other causes. (C) Low rates of homeownership. (D) Racial disparities in homeownership rates. (E) High rates of poverty. (F) High rates of unemployment and underemployment. (G) Population loss. (H) Lack of private sector lending on fair and competitive terms for individuals to purchase homes or start small businesses. (I) Other indicators of economic distress,