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9 



1 "(G) Projects training and employing fish- 



2 ers and other resource harvesters whose liveli- 



3 hoods have been adversely impacted by habitat 



4 degradation. 



5 "(H) Projects providing significant im- 



6 provements in ecological values and functions in 



7 the project area. 



8 "(I) Projects previously approved under 



9 this Act which meet or are redesigned to meet 



10 the requirements of this section. 



11 "(5) Cost-benefit analysis. — A project shall 



12 be eligible for assistance under the program if an 



13 interdisciplinary team established under this section 



14 determines that the local social, economic, ecological, 



15 and community benefits of the project based on local 



16 needs, problems, and conditions equal or exceed the 



17 financial and social costs of the project. 



18 "(6) Flood damage reduction. — Projects for 



19 which one of the purposes is to reduce flood dam- 



20 ages shall be designed for the level of risk selected 



21 by the local cosponsors and sponsors to best meet 



22 their needs for reducing flood risks, their ability to 



23 pay project cost* and community objectives to pro- 



24 tect or restore environmental quality. 



