There is an Employment Program Fund in the Division of Rehabilitation Services in the State Department of Education. Funds for the Employment Program Fund established under this section shall be included in the budget of the Division of Rehabilitation Services in the State Department of Education. A community rehabilitation and employment agency accredited by the Division of Rehabilitation Services in the State Department of Education is eligible to receive funds available in the Employment Program Fund established under this section. The Division of Rehabilitation Services may contract with nonprofit rehabilitation and employment agencies to provide the funds established under this section for: Supported employment placements; Competitive work placements; or Transitional employment. The Division of Rehabilitation Services shall adopt regulations to implement the provisions of this section.