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And I have actually been proud to satisfy them and proud to welcome them. Chairman Leahy. Additionally, as my last question, in some of the statement today there has been a pointer that, naturally, simply with all the thousands of billions, trillions of dollars prepared to spend, you need to just go elsewhere.


Stenger. I would tell you that in this climate the capacity to elevate funding for the important things we are doing would have-- it is difficult to do so in a way that would allow us as efficiently and as quickly create the important things we have actually done. You can obtain money if you have got half down.


I might have borrowed fifty percent of that if I had the $12 million in cash to set up. Every person understands that, yes, banks have cash to finance 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 functions these days.

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Senator Grassley. Senator Grassley. I desire to confess that we just have anecdotal details, however I would certainly 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 produce tasks for individuals below unlawfully.


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


They are made up of 10, 15, 20, 30 workers. They are benefiting directly from the investment. I understand the workers, I know their family members, and we have actually been able to utilize-- through these last 3 years of horrible economic turmoil, we have actually been able to utilize almost every building and construction worker in our area and the surrounding areas.

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locals. They stay in the area. Their family members exist. They are invested in the areas, and they are all U.S. employees. Legislator Grassley. You do not need to use e-verify, however I would certainly such as to know whether or my review here not 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 provided one instance, so I want to admit that and be accountable concerning it-- of centers employing undocumented individuals? Mr. EB5 Regional Center Program. North.




This is a negative application." So there is an amount of bad applications available, however only when that process gets before an administrative regulation court do we see much in the way of information. Now, there was one case that you stated, and allow me just elaborate on that particular a little bit.

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Do not take as well long since I intend to ask an additional pair inquiries. Go in advance and promptly coating. Mr. North. The milk ranch had actually asserted 17 employees, and they entered into it, and the judge discovered that 16 of them were illegals. Now, that is the one example I have, and it is a fine example.


Okay. I am going to ask separate questions of index each of the 3 of you, yet it deals with this set concern. As I claimed in my opening declaration, I am concerned about the potential loophole that permits capitalists to withdraw their investment in regional facilities after obtaining their permit.


Mr. Divine. I would say that most of the capitalists, if you asked them what are their goals, they would certainly say, "I desire to get an environment-friendly card, and I want to maintain it.


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


Senator, no.