(a) The Division of Neighborhood Revitalization shall administer commercial and mixed-use revitalization programs to encourage physical and organizational improvements to business areas.

(b) To carry out commercial and mixed-use revitalization programs, the Division of Neighborhood Revitalization shall administer State and federal grants and loans and other financial assistance to:

(1) political subdivisions, local public agencies, nonprofit organizations, neighborhood or community organizations, or private parties; or

(2) corporations or foundations whose net earnings are invested to foster, encourage, help, or carry out community assistance activities, projects, or programs.

(c) The Department may:

(1) charge and collect from a project applicant or recipient of financial assistance under this title:

(i) origination, application, and processing fees; and

(ii) any other charges, fees, or reimbursements incidental to a project application or providing financial assistance; and

(2) include the fees and charges listed in this section in the amount of financial assistance.