; (iii) may enter into a contract to provide the training or technical assistance described in clause (i) with an organization with expertise in lending under this subsection, mission-oriented lending, and lending to underserved markets; and (iv) shall ensure that covered institutions adequately report the extent to which the covered institutions take the actions required under clause (i)(II). (J) Delegated authority A covered institution is not eligible to receive delegated authority from the Administration under the program until the covered institution makes not less than 10 loans under the program, unless the Administration determines otherwise after an opportunity for public comment for a period of not less than 30 days before implementing such a change. (K) Regulations (i) In general Not later than 180 days after the date of enactment of this paragraph and in accordance with the notice and comment procedures under section 553 of title 5, United States Code, the Administrator shall promulgate regulations to carry out the program, which shall be substantially similar to the Community Advantage Pilot Program of the Administration, as in effect on September 1, 2018, and shall— (I) outline the requirements for participation by covered institutions in the program; (II) define performance metrics for covered institutions participating in the program for the first time, which are required to be met in order to continue participating in the program; (III) establish an acceptable range of program costs and level of risk that shall be based on other loan products— (aa) of similar size; (bb) that use similar lenders; and (cc) that are intended to reach similar borrowers; (IV) determine the credit score of a small business concern under which the Administration is required to underwrite a loan provided to the small business concern under the program and the loan may not be made using the delegated authority of a covered institution