(a) The County may contract with a non-profit or for-profit organization to take any action necessary to fulfill the purposes of this Article, including:
(1) prepare and review, evaluate, and approve applications;
(2) execute loan agreements;
(3) secure and service loans;
(4) collect loan payments; and
(5) conduct collections for defaulted loans.
(b) The County, or a contractor for the County, may charge an applicant or borrower usual and customary fees that the Department finds is consistent with the overall goals of the Program and will not inhibit utilization of the Program, including:
(1) application fees;
(2) loan origination fees;
(3) delinquency fees;
(4) costs of collection; and
(5) other program fees to support verification of program requirements. (2009 L.M.C., ch. 8, § 1.)