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And I have actually been honored to satisfy them and pleased to welcome them. Chairman Leahy. Likewise, as my last inquiry, in a few of the testament today there has actually been a recommendation that, certainly, just with all the numerous billions, trillions of bucks prepared to invest, you should simply go elsewhere.


Stenger. I would certainly tell you that in this climate the ability to raise resources for things we are doing would have-- it is impossible to do so in a fashion that would certainly allow us as efficiently and as quickly create things we have actually done. You can borrow money if you have actually got 50 percent down.


I can have borrowed half of that if I had the $12 million in cash money to install. Everyone 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 fifty percent. That is not exactly how business functions these days.

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You are speaking from a real-world experience, not from a brain trust experience. I will leave that merely as a gratuitous comment from the Chairman. Legislator Grassley. Legislator Grassley. Thanks. I want to be accountable in this concern of undocumented workers. I wish to admit that we just have unscientific details, however I would like to ask you to what level you have to go or do most likely to make certain that the facilities make sure that the investments do not produce work for individuals below illegally.


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


They are composed of 10, 15, 20, 30 staff members. They are from our local areas. They are Vermonters. They are benefiting directly from the investment. We are a hands-on center. I recognize the employees, I understand their households, and we have been able to employ-- via these last 3 years of dreadful financial turmoil, we have had the ability to utilize virtually every construction worker in our area and the bordering regions.

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locals. They stay in the area. Their households are there. They are purchased the areas, and they are all U.S. employees. Senator Grassley. You do not need to use e-verify, however I wish to understand whether or not you do. Mr. Stenger. We do. Legislator Grassley. You do.


Thanks. Mr. North, along the very same lines of the concern I asked him, has your research shown instances various other-- and I just provided one instance, so I desire to confess that and be responsible regarding it-- of facilities working with undocumented people? Mr. North. That kind of data is extremely tough to obtain from USCIS, and I need to claim that what we do find out about most of the inner aspects of that company as much as this program is concerned connects to situations in which the team has actually stated no to an application of some kind and after that the local facility or the specific business owner has actually mosted likely to the Administrative Appeals Office-- which belongs to the company-- and there we get papers, we obtain a hearing police officer informing us what is going on because specific situation.




This is a negative application." There is a quantity of poor applications out there, but only once that procedure obtains before a management regulation judge do we see a lot in the method of detail. Currently, there was one case that you mentioned, and allow me just specify on that particular a little bit.

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Mr - EB5 Regional Center Program. North. The dairy products farm had declared 17 workers, and they got into it, and the court discovered that 16 of them were check here illegals.


Okay. I am going to ask separate questions of each of the 3 of you, however it manages this problem. As I said in my opening declaration, I am worried regarding the potential technicality that enables financiers to withdraw their investment in local facilities after getting their eco-friendly card.


Divine, are you conscious of any circumstances in which a capitalist took out the investment and strolled away immediately after receiving a permit? And if you are, or if you assume it is an issue, do you think that it is a technicality that should be shut? Mr. Divine. I would claim that a lot of the financiers, if you asked them what are their objectives, they would say, "I wish to obtain a permit, and I wish to keep it.


Mr. Divine. Allow me ask Mr. Stenger, is it typical for a financier in your experience to withdraw his or her financial investment instantly after receiving a copyright? Mr.


Senator, no.