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And I have been honored to satisfy them and happy to invite them. Chairman Leahy. As my last concern, in some of the testament this early morning there has actually been a recommendation that, of program, simply with all the hundreds of billions, trillions of dollars all set to invest, you should just go someplace else.


Stenger. I would certainly tell you that in this environment the capacity to elevate funding for the points we are doing would certainly have-- it is difficult to do so in a fashion that would allow us as properly and as quickly create things we have actually done. You can borrow money if you have got half down.


I might have obtained fifty percent of that if I had the $12 million in cash money to place up. Everyone knows that, yes, banks have cash to financing as long as you have got fifty percent of it in your pocket before you request the various other half. That is not exactly how organization functions these days.

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Legislator Grassley. Legislator Grassley. I want to admit that we just have unscientific details, yet I would like to ask you to what degree you have to go or do go to make sure that the centers make sure that the financial investments do not produce work for people here unlawfully.


Mr. Stenger. We have actually hired-- as I said, at the Height we had 550 building and construction employees on our task.


They are made up of 10, 15, 20, 30 employees. They are benefiting directly from the investment. I understand the workers, I know their households, and we have actually been able to employ-- with these last 3 years of dreadful financial turmoil, we have been able to utilize almost every building employee in our region and the surrounding areas.

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They are invested in the neighborhoods, and they are all U.S. workers. Senator Grassley. Mr. Stenger.


Thanks. Mr. North, along the exact same lines of the inquiry I asked him, has your research revealed examples various other-- and I only provided one example, so I wish to confess that and be responsible concerning it-- of facilities hiring undocumented individuals? Mr. North. That type of information is extremely difficult to obtain from USCIS, and I have to say that what we do understand about much of the interior aspects of that firm regarding this program is concerned associates with situations in which the staff has actually said no to an application of some kind and after that the local facility or the individual business owner has actually mosted likely to the Administrative Appeals Workplace-- which belongs to the firm-- and there we obtain records, we obtain a hearing policeman telling us what is going on in that particular instance.




This is a poor application." So there is an amount of poor applications around, however just as soon as that process gets prior to an administrative law judge do we see a lot in the way of detail. Now, there was one case that you pointed out, and let me just elaborate on that a little.

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Mr - EB5 Regional Center Program. North. The dairy products farm had actually asserted 17 employees, and they got into it, and the court located that 16 of them were illegals.


Okay. I am going to ask separate inquiries of each of the three of you, but it manages this set concern. As I claimed in my opening statement, I am concerned regarding the prospective technicality that enables investors to withdraw their financial investment in local centers after getting their environment-friendly card.


Mr. Divine. I would certainly say that many of the capitalists, if you asked them what are their objectives, they would state, "I want to obtain an eco-friendly card, and I want to maintain it.


Mr. Divine. Allow me ask EB5 Regional Center Program Mr. Stenger, is it usual for a capitalist in your experience to withdraw his or her investment quickly after receiving an eco-friendly card? Mr.


Senator, legislator.