In evaluating applications for assistance under this act, the commissioner shall take into consideration:
a. The supportive services to be provided and the relationship of each to the needs and characteristics of the project residents who are to receive the services;
b. How quickly supportive services will be established following approval of the application;
c. The adequacy of local social services in assisting project residents to maintain independent living and avoid unnecessary institutionalization;
d. The reasonableness of fee schedules established for each supportive service. These fees shall not exceed the cost of providing the services.