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And I have been proud to fulfill them and proud to welcome them. Chairman Leahy. Also, as my last question, in a few of the testament today there has been an idea that, naturally, just with all the numerous billions, trillions of bucks all set to spend, you need to simply go elsewhere.

Stenger. I would certainly tell you that in this environment the ability to increase capital for the things we are doing would have-- it is impossible to do so in a fashion that would certainly permit us as successfully and as quickly create the important things we have done. You can borrow money if you have actually got 50 percent down.


I might have obtained fifty percent of that if I had the $12 million in cash to set up. Everybody recognizes that, yes, banks have money to finance as long as you have actually obtained fifty percent of it in your pocket prior to you request for the other half. That is not how organization works nowadays.

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Senator Grassley. Senator Grassley. I desire to confess that we only have unscientific details, but I would such as to ask you to what level you have to go or do go to make certain that the centers make certain that the financial investments do not develop jobs for individuals right here illegally.


Mr. Stenger. We have worked with-- as I stated, at the Optimal 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 know the workers, I recognize their households, and we have actually been able to utilize-- with these last 3 years of dreadful financial chaos, we have actually been able to utilize virtually every building employee in our county and the bordering regions.

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They are spent in the neighborhoods, and they are all U.S. workers. Senator Grassley. Mr. Stenger.


Mr. North, along the same lines of the inquiry I asked him, has your study revealed examples various other-- and I just provided one example, so I desire to admit that and be responsible concerning it-- of facilities employing undocumented individuals? Mr. EB5 Regional Center Program. North.




This is a bad application." So there is an amount of poor applications around, but just as soon as that procedure obtains prior to a click here management regulation court do we see a lot in the way of information. Now, there was one case that you mentioned, and allow me simply elaborate on that a bit.

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Mr - EB5 Regional Center Program. North. The milk farm had claimed 17 workers, 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, however it handles this issue. As I said in my opening declaration, I am worried regarding the possible technicality that permits capitalists to withdraw their investment in regional centers after getting their permit.


Mr. Divine. I would claim that many of the financiers, if you asked them what are their objectives, they would say, "I desire to obtain a copyright, and I desire to maintain it.

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


Senator, no.