(b) The purpose of the Advisory Committee is to:

(1) Review and prioritize Program loan applications for consideration by the Board of Trustees; and

(2) Make recommendations to the Board of Trustees on:

(i) Which projects to fund, whether in whole or in part; and

(ii) The funding to be allocated to each project.

(c) The Advisory Committee consists of:

(1) A representative of the Department, selected by the Secretary; and

(2) The following members, selected by the Board of Trustees:

(i) A representative of the Trust that is not a member of the Executive Committee;

(ii) A representative of a nonprofit land conservation organization in the State;

(iii) A representative of a local parks and recreation department in the State; and

(iv) An individual with experience in loan underwriting.