The County Executive for Prince George's County, Maryland, is hereby empowered and authorized to provide housing rehabilitation assistance under the provisions of this Division and to develop operating procedures governing the administration and maintenance of the Housing Rehabilitation Fund. Said operating procedures, and any revisions thereto, shall be transmitted to the County Council for review, amendment as deemed appropriate, and approval. Council approval shall be by resolution. The County Executive is further empowered and authorized to take any legal actions necessary for the collection of any loans made pursuant hereto.