The Council may review:
(1) any application that a political subdivision in the region makes:
(i) to a unit of the State or federal government for a loan or grant for projects; or
(ii) through the State Clearinghouse for Intergovernmental Assistance in the Department of Planning; and
(2) a local plan, proposal for a project, or ordinance that may have an impact outside the boundary of the political subdivision or in the region.
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