The board shall adopt rules providing for the administration of its financial assistance programs established under this chapter, including rules concerning:
(1) the purchasing of land and the selling of land to veterans;
(2) the making of home mortgage loans to veterans;
(3) the use of insurance on land and homes as deemed appropriate by the board, as further security for land sold or home mortgage loans made;
(4) the criteria for approving lending institutions participating in programs;
(5) the terms and conditions of a contract made with a lending institution;
(6) the construction, acquisition, ownership, operation, maintenance, enlargement, improvement, or furnishing or equipping of veterans homes or veterans cemeteries; and
(7) other matters as the board deems appropriate.