General

Funding through EB-5 Foreign Investor Visa Program

In 8 CFR 204.6(i), change allowable locations for companies receiving $500,000 or $1,000,000 through the EB-5 program.

 

Currently $500,000 is only applicable to new enterprises in Targeted Employment Areas.

 

Make $500,000 and $1,000,000 investments available in non-TEAs, since TEAs are so embedded and interwoven with the rest of communities. (Unemployment is high and uneven between contiguous census tracts.)

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Idea No. 148