(1) The department shall administer the Community Development Block Grant Program. In addition to the performance review requirements in section 81-1201.10, the department shall develop an ongoing program of monitoring the impact of grants on the communities receiving the grants. The monitoring program shall include, but not be limited to, the following information: (a) The status of the project for which such grant was awarded; (b) the grant amount; (c) the local government contribution; (d) the private financial contribution; (e) the goals and objectives of the grant; and (f) the impact of the grant relative to the goals and objectives of the grant.
(2) The department shall determine community development objectives, state priorities, and guidelines for the distribution of funds for community development projects within the Community Development Block Grant Program, which shall conform to the objectives as set forth in the Housing and Community Development Act of 1974, as amended, and which shall:
(a) Include statistical community need factors; and
(b) Require that grant applicants submit evidence of a community assessment process for the project, which assessment process the department shall design.
(3) To the extent possible, the Community Development Block Grant funds shall be allocated on a need and competitive basis.