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And I have been honored to meet them and honored to welcome them. Chairman Leahy. Likewise, as my last inquiry, in some of the testimony this early morning there has been a suggestion that, naturally, just with all the thousands of billions, trillions of bucks ready to invest, you need to simply go somewhere else.


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 difficult to do so in a manner that would permit us as effectively and as promptly develop the important things we have done. You can obtain cash if you have actually got half down.


I might have borrowed half of that if I had the $12 million in cash money to set up. Everyone recognizes that, yes, financial institutions have money to funding as long as you have obtained fifty percent of it in your pocket before you request for the other half. That is not exactly how company works nowadays.

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You are talking from a real-world experience, not from a think storage tank experience. I will certainly leave that simply as an unjustified remark from the Chairman. Senator Grassley. Senator Grassley. Thanks. I intend to be liable in this issue of undocumented employees. I desire to admit that we just have unscientific information, however I want to ask you to what extent you have to go or do most likely to make certain that the facilities make certain that the investments do not produce tasks for people right here unlawfully.


Mr. Stenger. We have hired-- as I said, at the Top we had 550 building employees on our task.


They are composed of 10, 15, 20, 30 staff members. They are from our neighborhood areas. They are Vermonters. They are profiting straight from the investment. We are a hands-on center. I understand the workers, I know their families, and we have been able to employ-- through these last 3 years of terrible economic chaos, we have actually had the ability to utilize virtually every construction worker in our county and the surrounding regions.

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locals. They stay in the area. Their family members are there. They are purchased the communities, and they are all U.S. employees. Legislator Grassley. You do not have to utilize e-verify, but I wish to know whether you do. Mr. Stenger. We do. Senator Grassley. You do.


Thank you. Mr. North, along the exact same lines of the inquiry I asked him, has your research study revealed examples other-- and I just gave one example, so I intend to admit that and be responsible regarding it-- of facilities employing undocumented people? Mr. North. That kind of data is extremely difficult to obtain from USCIS, and I should additional info claim that what we do find out about much of the interior aspects of that company as much as this program is worried connects to cases in which the personnel has claimed no to an application of some kind and after that the local facility or the individual entrepreneur has gone to the Administrative Appeals Office-- which is part of the agency-- and there we obtain files, we get a hearing police officer informing us what is going on in that certain instance.




This is a negative application." There is an amount of negative applications out there, however just as soon as that process obtains prior to a management legislation judge do we see much in the method of detail. Currently, there was one situation that you pointed out, and allow me simply clarify on that particular a little.

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


Okay. I am going to ask separate concerns of each of the three of you, but it deals with this set problem. As I stated in my opening statement, I am concerned about the possible technicality that permits financiers to withdraw their investment in regional facilities after getting their eco-friendly card.


Mr. Divine. check this site out I would say that most of the investors, if you asked them what are their objectives, they would state, "I want to obtain an eco-friendly card, and I want to keep it.


Mr. Divine. Let me ask Mr. Stenger, is it typical for an investor in your experience to withdraw his or her investment right away after receiving an eco-friendly card? Mr.


Senator, no.