The authority shall adopt rules to administer and implement the provisions of the Primary Care Capital Funding Act, including providing for:

A. the determination of rural or other health care underserved areas of the state in which eligible entities may receive loans or contracts for services from the fund;

B. procedures and forms for applying for loans or contracts for services for projects;

C. documentation required to be provided by the applicant to justify the need for the project;

D. documentation required to be provided by the applicant to demonstrate that the applicant is an eligible entity;

E. procedures for review, evaluation and approval of loans and contracts for services, including the programmatic, organizational and financial information necessary to review, evaluate and approve an application;

F. evaluation of the ability and competence of an applicant to provide efficiently and adequately for the completion of a proposed project;

G. approval of loan and contract for services applications, including provisions that accord priority attention to areas with the greatest need for primary care services;

H. fair geographic distribution of loans and contracts for services; and

I. such other requirements deemed necessary by the department to ensure that the state receives the primary care services for which the legislature appropriates money and that protect the state’s interest in a project.