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And I have actually been proud to fulfill them and pleased to invite them. Chairman Leahy. Additionally, as my last question, in some of the testament this early morning there has been a tip that, obviously, just with all the numerous billions, trillions of bucks all set to spend, you need to just go elsewhere.

Stenger. I would inform you that in this environment the capability to raise resources for the important things we are doing would have-- it is impossible to do so in a fashion that would allow us as successfully and as rapidly create the important things we have actually done. You can borrow cash if you have actually obtained 50 percent down.


I could have obtained half of that if I had the $12 million in cash to place up. Everybody recognizes that, yes, banks have cash to loan as long as you have actually obtained fifty percent of it in your pocket before you ask for the other fifty percent. That is not how company functions these days.

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Senator Grassley. Legislator Grassley. I desire to admit that we only have anecdotal information, but I would certainly like to ask you to what level you have to go or do go to make certain that the facilities make certain that the investments do not develop work for individuals right here unlawfully.


Mr. Stenger. Senator, I am a hands-on owner of a company, and I am on-property every day. We have actually worked with-- as I said, at the Top we had 550 building workers on our job. The marching orders that I provided to my group is that we are to work with local companies in virtually every instance to do all of the building.


They are composed of 10, 15, 20, 30 workers. They are from our regional counties. They are Vermonters. They are profiting directly from the financial investment. So we are a hands-on center. I understand the employees, I recognize their family members, and we have actually been able to utilize-- through these last 3 years of awful economic turmoil, we have been able to use almost every construction worker in our region and the bordering regions.

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locals. They live in the location. Their family members exist. They are read more invested in the areas, and they are all united state employees. Senator Grassley. You do not need to make use of e-verify, but I want to understand whether or not you do. Mr. Stenger. We do. Senator Grassley. You do.


Mr. North, along the same lines of the inquiry I asked him, has your study shown examples other-- and I just provided one instance, so I desire to confess that and be accountable regarding it-- of centers employing undocumented individuals? Mr. EB5 Regional Center Program. North.




This is a bad application." There is a quantity of bad applications out there, yet just once that process obtains before an administrative regulation court do we see much in the method of detail. Currently, there was one situation that you discussed, and let me just specify on that a little.

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


Okay. I am going to ask separate inquiries of each of the 3 of you, however it deals with this set concern. As I claimed in my opening declaration, I am worried about the possible technicality that permits financiers to withdraw their financial investment in local facilities after obtaining their permit.


Mr. Divine. I would certainly state that many of the investors, if you asked them what are their goals, they would certainly state, "I want to get a copyright, and I desire to keep it.

Mr. Divine. Let me ask Mr. Stenger, is it usual for a capitalist in your experience to withdraw his or her financial investment promptly after obtaining an eco-friendly card? Mr.


Senator, legislator.