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And I have actually been happy to fulfill them and proud to welcome them. Chairman Leahy. Additionally, as my last question, in a few of the testament today there has been a recommendation that, naturally, just with all the numerous billions, trillions of bucks all set to invest, you must simply go someplace else.

Stenger. I would tell you that in this climate the capacity to elevate funding for the things we are doing would have-- it is difficult to do so in a way that would allow us as efficiently and as quickly develop the points we have done. You can obtain cash if you have obtained 50 percent down.


I could have borrowed fifty percent of that if I had the $12 million in money to install. Everyone recognizes that, yes, banks have money to car loan as long as you have obtained half of it in your pocket prior to you request the other fifty percent. That is not how organization works these days.

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Senator Grassley. Senator Grassley. I desire to admit that we just have unscientific details, yet I would like to ask you to what extent you have to go or do go to make certain that the centers make sure that the investments do not produce work for individuals here illegally.


Mr. Stenger. Senator, I am a hands-on proprietor of a business, and I am on-property every day. We have employed-- as I stated, at the Optimal we had 550 construction workers on our project. The marching orders that I provided to my team is that we are to work with neighborhood firms in almost every instance to do all of the building.


They are made up of 10, 15, 20, 30 employees. They are from our regional areas. They are Vermonters. They are profiting directly from the investment. We are a hands-on center. I recognize the workers, I know their family members, and we have actually had the ability to utilize-- via these last 3 years of dreadful financial turmoil, we have been able to employ almost every construction employee in our region and the surrounding areas.

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locals. They reside in the area. Their households exist. They are invested in the areas, and they are all U.S. workers. Senator Grassley. You do here not have to utilize e-verify, yet I would certainly like to understand whether you do. Mr. Stenger. We do. Senator Grassley. You do.


Mr. North, along the same lines of the question I asked him, has your research study revealed instances other-- and I only gave one example, so I want to admit that and be accountable about it-- of centers employing undocumented individuals? Mr. EB5 Regional Center Program. North.




This is a negative application." So there is an amount of negative applications out there, yet just when that process gets before a management legislation judge do we see a lot in the method of detail. Currently, there was one situation that you pointed out, and let me simply elaborate on that a little bit.

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Mr - EB5 Regional Center Program. North. The milk ranch had declared 17 workers, and they got right into it, and the court located that 16 of them were illegals.


Okay. I am going to ask separate questions of each of the three of you, yet it deals with this set problem. As I stated in my opening statement, I am worried regarding the prospective technicality that enables capitalists to withdraw their investment in regional facilities after receiving their copyright.


Divine, are you familiar with any kind of circumstances in which a financier took out the investment and walked away right away after receiving an environment-friendly card? And if you are, or if you think it is a trouble, do you believe that it is a loophole that should be shut? Mr. Divine. I would say that a lot of the capitalists, if you asked what are their objectives, they would certainly state, "I intend to obtain a permit, and I want to maintain it.

Mr. Divine. Let me ask Mr. Stenger, is it usual for a capitalist in your experience to withdraw his or her financial investment instantly after receiving a copyright? Mr.


Senator, no.