This bill significantly strengthens the Office of Credit Risk Management (OCRM) within the Small Business Administration by expanding its responsibilities. It mandates OCRM to directly supervise Certified Development Companies (CDCs) and conduct comprehensive file reviews for loan closings under the 504 loan program. These reviews are designed to ensure program integrity and require prompt correction of any identified deficiencies, with reports sent to the CDC, designated attorney, and Commercial Loan Service Center. The legislation grants OCRM enhanced enforcement authority against CDCs, allowing for both informal actions and formal penalties, including civil monetary penalties up to $250,000 for statutory or regulatory violations. It also specifies penalties for failure to submit required annual reports, such as suspensions for up to 30 days or fines up to $10,000. To ensure transparency and accountability, the Director of OCRM must conduct annual portfolio risk analyses of 504 loans and submit detailed reports to Congress covering program risks, industry concentrations, and enforcement actions taken. Furthermore, the bill authorizes OCRM to collect fees from CDCs, scaled by their portfolio size, to offset the costs of examinations, reviews, and other oversight activities. These fees, not exceeding one basis point of the portfolio value, will be paid from the CDCs' servicing fees. Finally, the Administrator of the Small Business Administration is mandated to issue rules within 180 days to clarify the procedures for eligible CDCs to comply with the National Environmental Policy Act of 1969 , ensuring environmental obligations are clearly defined without altering the Act's core requirements.