In this subtitle, "project" includes the infrastructure, improvements, land acquisition, buildings, or expenditures that:
(1) are for the creation or retention of primary jobs or jobs that are included in North American Industry Classification System (NAICS) sector number 926120, Regulation and Administration of Transportation Programs, for the corresponding index entry for Coast Guard (except the Coast Guard Academy); and
(2) are found by the board of directors to be required or suitable for:
(A) promoting or supporting a military base in active use to prevent the possible future closure or realignment of the base;
(B) attracting new military missions to a military base in active use; or
(C) redeveloping a military base that has been closed or realigned, including a military base closed or realigned according to the recommendation of the Defense Base Closure and Realignment Commission under the Defense Base Closure and Realignment Act of 1990 (10 U.S.C. Section 2687 note).