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And I have been happy to meet them and proud to invite them. Chairman Leahy. As my last question, in some of the statement this early morning there has actually been a pointer that, of training course, just with all the hundreds of billions, trillions of bucks prepared to invest, you should simply go somewhere else.
I could have borrowed fifty percent of that if I had the $12 million in money to place up. Everyone understands that, yes, banks have money to lending as long as you have actually got fifty percent of it in your pocket prior to you ask for the various other half. That is not exactly how business works these days.
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Legislator Grassley. Senator Grassley. I want to admit that we just have unscientific details, yet I would such as to ask you to what level you have to go or do go to make sure that the centers make sure that the investments do not produce tasks for people here illegally.
Mr. Stenger. We have actually worked with-- as I said, at the Peak we had 550 construction workers on our project.
They are made up of 10, 15, 20, 30 staff members. They are profiting directly from the financial investment. I know the employees, I know their families, and we have actually been able to use-- via these last 3 years of horrible financial chaos, we have actually been able to use nearly every building employee in our region and the surrounding areas.
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They are invested in the communities, and they are all U.S. workers. Senator Grassley. Mr. Stenger.
Thank you. Mr. North, along the very same lines of the question I asked him, has your study revealed instances various other-- and I only offered one example, so I intend to admit that and be accountable concerning it-- of facilities working with undocumented people? Mr. North. That type of data is really tough to get from USCIS, and I should say that what we do understand about much of the interior points concerning that company as much as this program is worried connects to situations in which the staff has actually said no to an application of some kind and afterwards the regional center or the specific entrepreneur has actually mosted likely to the Administrative Appeals Office-- which is component of the firm-- and there we get records, we get a hearing officer telling us what is taking place because specific situation.
This is a negative application." So there is a quantity of poor applications out there, however just when that process obtains before a management regulation court do we see a lot in the method of information. Currently, there was one case click here that you pointed out, and allow me simply specify on that a bit.
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Mr - EB5 Regional Center Program. North. The dairy farm had actually asserted 17 workers, and they obtained into it, and the court discovered that 16 of them were illegals.
Okay. I am mosting likely to ask separate inquiries of each of the three of you, however it deals with this concern. As I claimed in my opening statement, I am concerned about the potential technicality that permits capitalists to withdraw their financial investment in regional centers after receiving their environment-friendly card.
Mr. Divine. I would say that most of the financiers, if you asked them what are their objectives, they would claim, "I want to get an eco-friendly card, and I want to maintain it.

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Senator, no. Our programs need that the financier be invested for a minimum of 5 years and be paid back just if business remains in a placement to do so at the end of that time. We have the benefit of the capital to create the business, get it running, make it successful, guarantee that the tasks will be created and kept, and then just if the service is effective will certainly there be a leave approach for the capitalist.