5. The board shall give preference to any application made pursuant to section 4 of P.L.2023, c.316 (C.48:25-16) for any High-Powered DC Fast Charger or DC Fast Charger demonstration project that results in charging infrastructure for medium- and heavy-duty vehicles or fleets and that:
a. is located within a brownfield;
b. is publicly accessible or designed to electrify fleets owned by public entities;
c. electrifies private fleets located in, primarily operating in, or benefiting overburdened municipalities;
d. provides job creation and job training for disadvantaged persons, as determined by the board, in consultation with the authority;
e. is cost effective to ratepayers, considering vehicle miles electrified and incentive requested;
f. is likely to lead to scalable implementation of medium- and heavy-duty vehicle charging infrastructure;
g. has a positive impact on electrified and non-electrified vehicle traffic inside of overburdened municipalities;
h. effectively incorporates a managed charging program at peak periods or minimizes demand charge peaks;
i. minimizes the use of fossil fuel infrastructure;
j. is likely to result in the reduction of emissions; or
k. results in an expansion of the State's manufacturing base for an emerging clean transportation economy and demonstrates a collaboration with a State-certified educational training entity.