The following areas shall be considered priority funding areas under this subtitle: a municipal corporation, including Baltimore City, except that: those areas annexed by a municipal corporation after January 1, 1997 but before October 1, 2006 shall satisfy requirements relating to density and service by water and sewer set forth in § 5–7B–03 of this subtitle; and those areas annexed by a municipal corporation after September 30, 2006, shall satisfy all of the requirements set forth in § 5–7B–03 of this subtitle; an enterprise zone as designated under Title 5, Subtitle 7 of the Economic Development Article, or by the United States government; a certified heritage area as defined in §§ 13–1101 and 13–1111 of the Financial Institutions Article that is located within a locally designated growth area; those areas of the State located between Interstate Highway 495 and the District of Columbia; those areas of the State located between Interstate Highway 695 and Baltimore City; and an area designated by the governing body of a county or municipal corporation under § 5–7B–03 of this subtitle.