; (3) a prioritization of projects for funding and implementation, when practicable, including by providing— (A) a description of each prioritized project proposed to be carried out; and (B) a budget for each project described in subparagraph (A) that includes— (i) preliminary actions that have been or must be taken at the local or regional level to implement the project; (ii) the anticipated Federal share of the cost of the project; and (iii) a description of the source of the non-Federal share of funds or in-kind contributions for the project; (4) an assessment of current and future trends in the applicable area, which may include— (A) population growth or loss, and demographic changes, in the region; (B) accessibility of job centers within the region to public transportation facilities and housing; (C) infrastructure needs in the region, including— (i) projected water needs and sources; (ii) any need for sewer infrastructure; (iii) the existence of flood plains; (iv) the needs of local and regional food systems, agricultural producers, and value-added agricultural industries; and (v) any need for affordable, high-speed internet, including new technologies for mobile internet services and for affordable, reliable cellular phone coverage; (D) challenges in basic services within the region, including pressing health challenges; (E) skills and education for in-demand, quality jobs and for regional economic development, which may include retraining and education of incumbent or displaced workers; and (F) access to private debt and investment capital; (5) a plan to develop opportunities for economic diversification and innovation within the applicable area, with particular attention to— (A) agricultural diversification and supply chain development; (B) the conversion of existing businesses to employee or local ownership, such as a cooperative; (C) entrepreneurial support; (D) clean energy; (E) manufacturing; and (F) technological innovation