2.__Administration. The commissioner shall administer the fund.__The fund must be invested in the same manner as permitted for investment of funds belonging to the State or held in the State Treasury.__The fund is held separate from any other funds or money of the department and must be used and administered exclusively for the purposes under subsection 3.__The fund consists of the following:

A.__Such sums as may be appropriated by the Legislature or transferred to the fund from time to time by the Treasurer of State.__Any funds appropriated for this purpose may not lapse, but must remain available for the purposes set forth in this chapter;

B.__Principal and interest received from the repayment of loans made from the fund;

C.__Capitalization grants and awards made to the State or an instrumentality of the State by the United States for any of the purposes for which the fund has been established. These amounts must be paid directly into the fund without need for appropriation by the State;

D.__Interest earned from the investment of fund balances;

E.__Private gifts, bequests and donations made to the State for any of the purposes for which the fund has been established;

F.__The proceeds of notes or bonds issued by a bank for the purpose of deposit in the fund; and

G.__Other funds from any public or private source received for use for any of the purposes for which the fund has been established.

3.__Purposes.__The fund may be used for the following purposes:

A.__To provide a person who receives assistance from the TANF program a loan at below-market rates for the purchase of a used vehicle, in accordance with the loan criteria established under section 3833;