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And I have actually been proud to meet them and honored to invite them. Chairman Leahy. Additionally, as my last question, in a few of the testament this morning there has actually been an idea that, of training course, just with all the numerous billions, trillions of bucks ready to invest, you must just go elsewhere.


Stenger. I would tell you that in this environment the capability to increase funding for things we are doing would certainly have-- it is difficult to do so in a manner that would permit us as properly and as promptly create the points we have actually done. You can borrow cash if you have actually got 50 percent down.


I can have borrowed half of that if I had the $12 million in money to put up. Every person understands that, yes, financial institutions have money to finance as long as you have obtained fifty percent of it in your pocket prior to you request for the other fifty percent. That is not how organization functions nowadays.

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You are talking from a real-world experience, not from a think container experience. I will certainly leave that simply as a gratuitous comment from the Chairman. Senator Grassley. Senator Grassley. Thank you. I wish to be liable in this problem of undocumented employees. I intend to confess that we just have unscientific info, however I want to ask you to what level you need to go or do most likely to see to it that the centers ensure that the investments do not produce work for people below illegally.


Mr. Stenger. We have worked with-- as I stated, at the Top we had 550 construction workers on our project.


They are composed of 10, 15, 20, 30 employees. They are from our neighborhood regions. They are Vermonters. They are benefiting straight from the financial investment. So we are a hands-on facility. I understand the employees, I understand their households, and we have been able to employ-- via these last 3 years of dreadful financial chaos, we have actually had the ability to utilize practically every building worker in our region and the surrounding counties.

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locals. They live in the location. Their family members are there. They are bought the areas, and they are all united state employees. Senator Grassley. You do not have to use e-verify, but I want to recognize whether you do. Mr. Stenger. We do. Legislator Grassley. You do.


Mr. North, along the same lines of the inquiry I asked him, has your study shown examples other-- and I just offered one instance, so I want to confess that and be responsible regarding it-- of facilities hiring undocumented people? Mr. EB5 Regional Center Program. North.




This is a poor application." There is a quantity of bad applications out there, yet only once that procedure gets before a management click here legislation judge do we see a lot in the method of detail. Now, there was one case that you discussed, and let me simply specify on that a bit.

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Mr - EB5 Regional Center Program. North. The dairy products farm had claimed 17 workers, and they obtained right into it, and the court located that 16 of them were illegals.


Okay. I am mosting likely to ask separate concerns of each of the 3 of you, yet it deals with this one concern. As I claimed in my opening declaration, I am concerned about the potential technicality that allows capitalists to withdraw their investment in local centers after receiving their permit.


Mr. Divine. I would claim that many of the investors, if you asked them what are their objectives, they would certainly state, "I desire to obtain an eco-friendly card, and I desire to keep it.


Mr. Divine. Allow me ask Mr. Stenger, is it typical for a financier in your experience to withdraw his or her investment quickly after getting an eco-friendly card? Mr.


Senator, no.