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And I have actually been happy to fulfill them and happy to invite them. Chairman Leahy. As my last question, in some of the statement this morning there has been a suggestion that, of program, simply with all the hundreds of billions, trillions of dollars prepared to spend, you should simply go somewhere else.

Stenger. I would certainly tell you that in this environment the ability to elevate capital for the things we are doing would certainly have-- it is difficult to do so in a manner that would enable us as properly and as promptly produce the things we have done. You can borrow cash if you have actually got half down.

I might have borrowed fifty percent of that if I had the $12 million in cash money to install. Everyone recognizes that, yes, financial institutions have money to finance as long as you have got fifty percent of it in your pocket prior to you ask for the various other half. That is not how company functions nowadays.

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You are talking from a real-world experience, not from a think tank experience. I will certainly leave that merely as a gratuitous remark from the Chairman. Legislator Grassley. Senator Grassley. Thank you. I desire to be responsible in this concern of undocumented workers. I wish to confess that we just have anecdotal info, yet I would like to ask you to what degree you need to go or do go to make certain that the facilities see to it that the financial look these up investments do not develop jobs for individuals here illegally.

Mr. Stenger. We have view it now actually worked with-- as I claimed, at the Height we had 550 construction workers on our job.

They are comprised of 10, 15, 20, 30 staff members. They are from our neighborhood areas. They are Vermonters. They are profiting straight from the financial investment. So we are a hands-on center. I understand the workers, I understand their households, and we have been able to use-- via these last 3 years of terrible financial chaos, we have actually been able to utilize nearly every building worker in our county and the bordering areas.

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

Mr. North, along the exact same lines of the concern I asked him, has your study shown examples other-- and I only gave one example, so I desire to confess that and be liable about it-- of facilities hiring undocumented people? Mr. EB5 Regional Center Program. North.



This is a negative application." So there is a quantity of poor applications available, but only once that procedure obtains before an administrative law judge do we see a lot in the method of detail. Now, there was one case that you pointed out, and allow me simply elaborate on that a bit.

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Mr - EB5 Regional Center Program. North. The dairy products farm had claimed 17 workers, and they got into it, and the judge found that 16 of them were illegals.

Okay. I am going to ask different inquiries of each of the three of you, however it manages this set problem. As I stated in my opening statement, I am concerned concerning the possible technicality that enables investors to withdraw their investment in local facilities after receiving their eco-friendly card.

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

Mr. Divine. Allow me ask Mr. Stenger, is it common for a capitalist in your experience to withdraw his or her financial investment quickly after getting a copyright? Mr.

Senator, legislator.

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