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And I have actually been pleased to meet them and pleased to invite them. Chairman Leahy. As my last question, in some of the statement this morning there has actually been a tip that, of training course, simply with all the hundreds of billions, trillions of bucks ready to spend, you ought to simply go someplace else.


Stenger. I would certainly inform you that in this environment the ability to raise capital for the important things we are doing would have-- it is difficult to do so in a fashion that would permit us as properly and as promptly develop things we have done. You can borrow cash if you have got 50 percent down.


I can have borrowed half of that if I had the $12 million in money to install. Everyone recognizes that, yes, banks have money to finance as long as you have obtained fifty percent of it in your pocket prior to you ask for the various other half. That is not exactly how service functions 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 remark from the Chairman. Legislator Grassley. Senator Grassley. Thank you. I intend to be liable in this problem of undocumented employees. I wish to confess that we only have anecdotal details, however I would love to ask you to what extent you need to go or do most likely to see to it that the centers see to it that the investments do not develop work for individuals here unlawfully.


Mr. Stenger. Senator, I am a hands-on owner of a company, and I am on-property every day. We have employed-- as I said, at the Optimal we had 550 building and construction workers on our task. The marching orders that I offered to my group is that we are to work with local firms in practically every instance to do every one of the construction.


They are made up of 10, 15, 20, 30 staff members. They are profiting directly from the investment. I recognize the employees, I know their family members, and we have actually been able to utilize-- via these last 3 years of terrible economic turmoil, we have actually been able to employ nearly every building worker in our region and the surrounding counties.

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They are invested in the areas, and they are all U.S. employees. Senator Grassley. Mr. Stenger.


Mr. North, along the very same lines of the concern I asked him, has your study revealed instances other-- and I only provided one example, so I desire to confess that and be responsible about it-- of facilities employing undocumented individuals? Mr. EB5 Regional Center Program. North.




This is a negative application." There is a quantity of negative applications out there, but just as soon as that process gets prior to a management legislation judge do we see a lot in the method of detail. Currently, there was one case that you mentioned, and let me simply specify on that a little bit.

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Mr - EB5 Regional Center Program. North. The milk farm had actually asserted 17 workers, and they got 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 three of you, but it manages this issue. As I said in my opening statement, I am worried about the potential loophole that enables capitalists to withdraw their financial investment in regional facilities after getting their eco-friendly card.


Mr. Divine. I would claim that many of the investors, if you asked them what are their objectives, they would say, "I desire to obtain an eco-friendly card, and I desire to maintain it.


Mr. Divine. Let me ask more info Mr. Stenger, is it usual for a financier in your experience to withdraw his or her financial investment immediately after getting an environment-friendly card? Mr.


Senator, legislator.