Eligible activities include, but are not limited to, the following:
(a) Developing economic development activities that include:
(1) Creating permanent jobs in the neighborhood; or
(2) Establishing or expanding businesses within the neighborhood;
(b) Developing new housing, rehabilitating existing housing, or managing housing stock within the neighborhood;
(c) Developing delivery mechanisms for essential services that have lasting benefits to the neighborhood; and
(d) Planning, promoting, or financing voluntary neighborhood improvement efforts.