12 2 STA T . 1 94 9 PUBLIC LA W 11 0– 24 6—J U NE 1 8, 2008 ‘ ‘ (i i )tr i bal l ycon troll ed colle g e s or u ni v ersities (as de f ined in section 2 (a) of T ribally C ontrolled College or U niversity A ssistance Act of 1978 (2 5 U .S .C. 18 0 1(a)))
and ‘‘(iii) tribal tec h nical institutions; ‘‘( H ) w or k force and j ob training organi z ations; ‘‘( I ) other entities and organizations , as deter m ined by the R egional B oard; ‘‘( J ) coo p eratives; and ‘‘( K ) consortia of entities and organizations described in subparagraphs (A) through (J); ‘‘( 4 ) represents a region inhabited by — ‘‘(A) more than 25,000 individuals, as determined in the latest available decennial census conducted under sec - tion 141(a) of title 1 3 , United States Code; or ‘‘(B) in the case of a region with a population density of less than 2 individuals per s q uare mile, at least 10,000 individuals, as determined in that latest available decen- nial census; ‘‘(5) has a membership of which not less than 25 percent, nor more than 40 percent, represents— ‘‘(A) units of local government and Indian tribes described in subparagraphs (A) and ( D ) of paragraph (3); ‘‘(B) nonprofit community and economic development organizations and institutions of higher education described in subparagraphs (B) and ( G ) of paragraph (3); or ‘‘(C) private business (including chambers of commerce and cooperatives) and agricultural, natural resource, and other asset-based related industries described in subpara- graphs (C) and ( F ) of paragraph (3); ‘‘( 6 ) has a membership that may include an officer or employee of a Federal agency, serving as an e x -officio, nonvoting member of the Regional Board to represent the agency; and ‘‘(7) has organizational documents that demonstrate that the Regional Board will— ‘‘(A) create a collaborative public-private strategy process; ‘‘(B) develop, and submit to the Secretary for approval, a regional investment strategy that meets the requirements of section 385 E , with benchmarks— ‘‘(i) to promote investment in rural areas through the use of grants made available under this subtitle; and ‘‘(ii) to provide financial and technical assistance to promote a broad-based regional development pro- gram aimed at increasing and diversifying economic growth, improved community facilities, and improved quality of life; ‘‘(C) implement the approved regional investment strategy; ‘‘(D) provide annual reports to the Secretary and the N ational Board on progress made in achieving the bench- marks of the regional investment strategy, including an annual financial statement; and ‘‘(E) select a non-Federal organization (such as a regional development organization) in the local area served by the Regional Board that has previous experience in
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