(A) a
nonprofit">
nonprofit municipal university, established by the governing body of the city in which it is located, and operating as of July 23, 1992, under that authority; or
(B) an institution of higher education, or a consortium of such institutions any one of which meets all of the requirements of this paragraph, which
(i) is located in an urban area;
(ii) draws a substantial portion of its undergraduate students from the urban area in which such institution is located, or from contiguous areas;
(iii) carries out programs to make postsecondary educational opportunities more accessible to residents of such urban area, or contiguous areas;
(iv) has the present capacity to provide resources responsive to the needs and priorities of such urban area and contiguous areas;
(v) offers a range of professional, technical, or graduate programs sufficient to sustain the capacity of such institution to provide such resources; and
(vi) has demonstrated and sustained a sense of responsibility to such urban area and contiguous areas and the people of such areas.