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And I have been proud to satisfy them and honored to welcome them. Chairman Leahy. Likewise, as my last inquiry, in some of the testament this morning there has actually been an idea that, naturally, simply with all the numerous billions, trillions of dollars prepared to spend, you should just go elsewhere.


Stenger. I would certainly tell you that in this environment the capacity to elevate funding for the points we are doing would have-- it is difficult to do so in a manner that would allow us as successfully and as rapidly create the important things we have actually done. You can obtain money if you have obtained half down.


I can have borrowed half of that if I had the $12 million in cash money to set up. Everybody understands that, yes, banks have money to financing as long as you have actually obtained fifty percent of it in your pocket before you request the other half. That is not how company works these days.

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You are talking from a real-world experience, not from a think storage tank experience. I will certainly leave that just as a gratuitous remark from the Chairman. Senator Grassley. Senator Grassley. Thanks. I intend to be liable in this issue of undocumented employees. I wish to admit that we only have unscientific information, however I would certainly like to ask you to what degree you need to go or do most likely to make certain that the centers ensure that the investments do not produce work for people below illegally.


Mr. Stenger. We have hired-- as I stated, at the Top we had 550 building employees on our job.


They are composed of 10, 15, 20, 30 employees. They are from our regional counties. They are Vermonters. They are benefiting directly from the investment. So we are a hands-on facility. I understand the workers, I understand their family members, and we have been able to utilize-- with these last 3 years of terrible economic turmoil, we have actually been able to use virtually every building and construction employee in our region and the bordering counties.

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citizens. They stay in the location. Their families exist. They are purchased the neighborhoods, and they are all united state employees. Legislator Grassley. You do not have to utilize e-verify, but I want to know whether you do. Mr. Stenger. We do. Legislator Grassley. You do.


Thank you. Mr. North, along the very same lines of the concern I asked him, has your research shown examples various other-- and I only offered one instance, so I intend to admit that and be liable regarding it-- of facilities hiring undocumented individuals? Mr. North. That sort of information is extremely tough to acquire from USCIS, and I must state that what we do learn about a number of the interior things concerning that firm regarding this program is worried connects to cases in which the personnel has actually claimed no to an application of some kind and after that the regional center or the private business owner has actually gone to the Administrative Appeals Office-- which is part of the firm-- and there we obtain files, we obtain a hearing officer telling us what is taking place in that certain situation.




This is a negative application." There is a quantity of poor applications out there, yet just as soon as that process obtains before an administrative legislation judge do we see a lot in the means of information. Currently, there was one situation that you stated, and allow me simply specify on that particular a bit.

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Do not take as well long because I wish to ask another pair concerns. Go in advance and rapidly finish. Mr. North. The milk farm had claimed 17 employees, and they entered into it, and the judge discovered that 16 of them were illegals. Currently, that is the one example I have, and it is a fine example.


Okay. I am mosting likely to ask separate questions of each of the three of you, yet it handles this concern. As I said in my opening statement, EB5 Regional Center Program I am worried concerning the potential loophole that permits investors to withdraw their financial investment in regional centers after obtaining their permit.


Mr. Divine. I would say that most of the capitalists, if you asked them what are their goals, they would certainly say, "I desire to get an eco-friendly card, and I want to keep it.


Mr. Divine. Let me ask Mr. Stenger, is it usual for an investor in your experience to withdraw his or her financial investment immediately after getting a copyright? Mr.


Senator, no.