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And I have been proud to satisfy them and honored to welcome them. Chairman Leahy. Additionally, as my last inquiry, in a few of the statement this morning there has been a suggestion that, certainly, simply with all the numerous billions, trillions of dollars all set to invest, you need to just go someplace else.


Stenger. I would inform you that in this environment the capacity to elevate funding for things we are doing would certainly have-- it is impossible to do so in a fashion that would enable us as successfully and as rapidly develop the points we have actually done. You can obtain money if you have obtained half down.


I could have obtained fifty percent of that if I had the $12 million in cash to set up. Every person recognizes that, yes, banks have cash to loan as long as you have actually got fifty percent of it in your pocket before you request for the other half. That is not just how service works these days.

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You are speaking from a real-world experience, not from a brain trust experience. I will certainly leave that just as an unjustified comment from the Chairman. Senator Grassley. Legislator Grassley. Thank you. I want to be accountable in this issue of undocumented employees. I intend to confess that we just have anecdotal info, however I would certainly such as to ask you to what extent you need to go or do most likely to see to it that the facilities make certain that the financial investments do not develop jobs for people right here illegally.


Mr. Stenger. We web link have hired-- as I said, at the Top we had 550 building and construction workers on our project.


They are made up of 10, 15, 20, 30 employees. They are from our regional regions. They are Vermonters. They are benefiting straight from the financial investment. We are a hands-on center. I understand the workers, I know their households, and we have been able to employ-- through these last 3 years of terrible economic chaos, we have actually had the ability to employ virtually every building and construction employee in our county and the bordering areas.

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homeowners. They live in the area. Their households exist. They are purchased the areas, and they are all U.S. workers. Legislator Grassley. You do not have to make use of e-verify, but I wish to know whether you do. Mr. Stenger. We do. Legislator Grassley. You do.


Mr. North, along the very same lines of the inquiry I asked him, has your study revealed instances other-- and I only gave one example, so I desire to admit that and be responsible about it-- of centers hiring undocumented people? Mr. EB5 Regional Center Program. North.




This is a poor application." There is a quantity of negative applications out there, yet only once that procedure obtains prior to an administrative law court do we see a lot in the means of detail. Now, there was one instance that you stated, and allow me just specify on that a little bit.

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


Okay. I am going to ask different inquiries of each of the 3 of you, yet it deals with this one concern. As I said more in my opening declaration, I am worried regarding the prospective technicality that permits financiers to withdraw their investment in regional facilities after getting their permit.


Mr. Divine. I would certainly state that most of the capitalists, 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. more information Let me ask Mr. Stenger, is it usual for a financier in your experience to withdraw his or her investment immediately after getting an environment-friendly card? Mr.


Senator, legislator.