(a) Eligible applicants shall serve communities whose residents are experiencing significant levels of health care disparities and health care needs compared to other communities within the county of Kings as evidenced by:

(i) a high number of Medicaid enrollees and uninsured individuals;

(ii) elevated blood lead level rates among children, high rates of diabetes, high blood pressure, asthma, obesity, infant death or premature birth, heart failure, behavioral health conditions, substance abuse;

(iii) low levels of income, high rates of unemployment, distressed housing conditions, and poor nutritional status;

(iv) other risk factors as determined by the commissioner and the president of the authority; and

(b) Such eligible applicant shall:

(i) (A) have a loss from operations for each of the three consecutive preceding years as evidenced by audited financial statements;

(B) have a negative fund balance or negative equity position in each of the three preceding years as evidenced by audited financial statements; and

(C) have a current ratio of less than 1:1 for each of three consecutive preceding years; or

(ii) be deemed by the commissioner and president of the authority to be a provider that fulfills or will fulfill an unmet health care need for acute inpatient, outpatient, primary or residential health care services in a community. 4. In determining awards for eligible applicants under this section, the commissioner and the president of the authority shall consider criteria including, but not limited to:

(a) the extent to which the proposed capital project will contribute to the long term sustainability of the applicant or preservation of essential health services in the community or communities served by the applicant;

(b) the extent to which the proposed project or purpose is aligned with delivery system reform incentive payment ("DSRIP") program goals and objectives;

(c) the relationship between the proposed capital project and identified community need;

(d) the extent that the proposed capital project furthers the development of primary care and other outpatient services;

(e) the extent to which the proposed capital project benefits Medicaid enrollees and uninsured individuals;

(f) the extent to which the applicant has engaged the community affected by the proposed capital project and the manner in which community engagement has shaped such capital project; and

(g) the extent to which the proposed capital project addresses potential risk to patient safety and welfare. 5. The department shall provide a report on a quarterly basis to the chairs of the senate finance, assembly ways and means, senate health and assembly health committees. Such reports shall be submitted no later than sixty days after the close of the quarter, and shall conform to the reporting requirements of subdivision twenty of section twenty-eight hundred seven of this article, as applicable.