The ELM offering provides links between requirements, change requests, and test cases: requirements are implemented by change requests and validated by test cases. Any defects discovered are captured as RTC work items. Links from these lifecycle artifacts are not typically to specific source files, but rather change sets that record the actual work done. Developers would associate their change sets with work items before delivering the work to a shared stream. This links the files changed in the change set with the associated work item, which could then be linked to requirements and test cases as needed.

 Creating file links creates new version of files. You would also need link type information. Furthermore, global configuration is in picture. Putting it all together, it will be very error prone to use internal APIs to create file links. I would recommend submitting enhancement request.