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And I have actually been proud to satisfy them and honored to invite them. Chairman Leahy. As my last question, in some of the testament this early morning there has been a pointer that, of training course, just with all the hundreds of billions, trillions of dollars prepared to spend, you should simply go someplace else.

Stenger. I would certainly tell you that in this climate the ability to increase funding for things we are doing would have-- it is difficult to do so in a way that would allow us as successfully and as rapidly develop the things we have done. You can borrow cash if you have got half down.

I can have obtained half of that if I had the $12 million in cash money to install. Every person understands that, yes, financial institutions have cash to finance as long as you have actually obtained half of it in your pocket prior to you ask for the other half. That is not just how organization functions nowadays.

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You are speaking from a real-world experience, not from a brain trust experience. I will leave that merely as a gratuitous remark from the Chairman. Legislator Grassley. Senator Grassley. Thanks. I wish to be accountable in this concern of undocumented workers. I intend to confess that we just have unscientific information, however I want to ask you to what level you need to go or do most likely to ensure that the centers make sure that the financial investments do not develop jobs for individuals below unlawfully.

Mr. Stenger. We have actually worked with-- as I claimed, at the Height we had 550 construction workers on our task.

They are made up of 10, 15, 20, 30 employees. They are benefiting straight from the investment. I recognize the workers, I recognize their families, and we have actually been able to employ-- via these last 3 years of awful economic turmoil, we have actually been able to use practically every building worker in our area and the surrounding areas.

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citizens. They stay in the location. Their households exist. They are bought the areas, and they are all united state workers. Legislator Grassley. You do not have to make use of e-verify, yet I would love to recognize whether or not you do. Mr. Stenger. We do. Senator Grassley. You do.

Thank you. Mr. North, along the same lines of the concern I asked him, has your study shown examples other-- and I just offered one example, so I intend to confess that and be responsible regarding it-- of facilities working with undocumented people? Mr. North. That sort of information is really hard to obtain from USCIS, and I must say that what we do find out about a number of the internal aspects of that company regarding this program is concerned connects to cases in which the staff has actually said no to an application of some kind and afterwards the regional center or the specific entrepreneur has gone to the Administrative Appeals Office-- which is component of the agency-- and there we get documents, we get a hearing policeman telling us what is going on because particular case.



This is a bad application." There is a quantity of poor applications out there, but just when that process obtains prior to a management law court do we see a lot in the method of information. Currently, there was one case that you discussed, and allow me simply clarify on that particular a bit.

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Mr - EB5 Regional Center Program. North. The milk farm had actually claimed 17 employees, and they got right into it, and the court found that 16 of them were illegals.

Okay. I am going to ask different questions of EB5 Regional Center Program each of the 3 of you, but it deals with this set concern. As I stated in my opening statement, I am worried about the prospective loophole that permits capitalists to withdraw their financial investment in local centers after getting their permit.

Divine, are you conscious of any circumstances in which a capitalist withdrew the financial investment and strolled away instantly after receiving an eco-friendly card? And if you are, or if you believe it is a problem, do you think that it is a technicality that should be shut? Mr. Divine. I would state that a lot of the capitalists, if you asked what are their goals, they would certainly state, "I want to get a permit, and I want to keep it.

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

Senator, no.

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