Sec. 25B-13. Program administration.

delegate any power or duty under this Article to any agency, as defined in Section 25B-2(b); and

enter into an agreement with an agency to administer this program.

charge application fees or other fees to loan applicants or lenders;

adopt regulations to administer the program;

attach specific terms to any loan as necessary to carry out the purpose of the program;

establish additional eligibility standards for a loan, taking into account the applicant's ability to pay, the cost of the single family residence, and other relevant factors;

establish regulations to determine which items or portion of the closing costs can be included in the loan;

enter into contracts with third parties who would make or service a loan made under this Article;

enter into any necessary agreement with the State Department of Housing and Community Development to receive a delegation of the State settlement expense loan program under State law in the County; and

take any other action necessary or convenient for the effective operation of the program.