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And I have been pleased to fulfill them and pleased to welcome them. Chairman Leahy. As my last inquiry, in some of the testimony this morning there has been a recommendation that, of training course, just with all the hundreds of billions, trillions of bucks ready to spend, you should just go someplace else.

Stenger. I would inform you that in this climate the ability to increase resources for the points we are doing would have-- it is impossible to do so in a manner that would allow us as properly and as quickly develop the important things we have actually done. You can borrow cash if you have actually got 50 percent down.


I could have borrowed fifty percent of that if I had the $12 million in cash money to install. Everyone knows that, yes, banks have money to lending as long as you have got half of it in your pocket prior to you ask for the various other fifty percent. That is not how organization works these days.

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You are speaking from a real-world experience, not from a think container experience. I will certainly leave that merely as a gratuitous remark from the Chairman. Senator Grassley. Legislator Grassley. Thank you. I intend to be liable in this concern of undocumented workers. I desire to admit that we just have unscientific details, yet I would love to ask you to what extent you need to go or do most likely to ensure that the facilities see to it that the investments do not produce tasks for people here illegally.


Mr. Stenger. We have actually worked with-- as I said, at the Optimal we had 550 building workers on our job.


They are comprised of 10, 15, 20, 30 staff members. They are from our neighborhood regions. They are Vermonters. They are benefiting directly from the financial investment. So we are a hands-on center. I know the workers, I know their family members, and we have had the ability to use-- via these last 3 years of horrible financial chaos, we have been able to utilize nearly every building worker in our county and the surrounding areas.

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citizens. They stay in the location. Their family members exist. They are bought the areas, and they are all U.S. employees. Senator Grassley. You do not need to utilize e-verify, but I would certainly like to understand whether you do. Mr. Stenger. We do. Legislator Grassley. You do.


Thanks. Mr. North, along the exact same lines of the concern I asked him, has your study shown examples other-- and I only offered one example, so I intend to admit that and be responsible about it-- of facilities working with undocumented individuals? Mr. North. That type of information is really tough to obtain from USCIS, and I should say that what we do find out about much of the interior aspects of that agency as for this program is concerned associates to situations in which the personnel has claimed no to an application of some kind and afterwards the regional center or the specific entrepreneur has gone to the Administrative Appeals Workplace-- which becomes part of the firm-- and there we obtain records, we get a hearing officer informing us what is taking place in that particular case.




This is a bad application." So there is a quantity of negative applications around, but just when that process gets prior to an administrative law court do we see much in the way of detail. Currently, there was one case that you stated, and allow me just clarify on that particular a bit.

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Mr - EB5 Regional Center Program. North. The milk ranch had declared 17 employees, and they obtained right into it, and the judge found that 16 of them were illegals.


Okay. I am going to ask separate inquiries of each of the 3 of you, but it deals with this problem. As I claimed in my opening statement, I am worried concerning the prospective loophole that allows capitalists to withdraw their financial investment in local centers after getting their copyright.


Mr. Divine. I would get more info certainly state that most of the investors, if you asked them what are their objectives, they would state, "I desire to obtain an environment-friendly card, and I want to maintain it.

Mr. Divine. Allow me ask Mr. Stenger, is it typical for a capitalist in your experience to withdraw his or her financial investment immediately after receiving an environment-friendly card? Mr.


Senator, legislator.