IIUSA is pleased to present an updated version our interactive mapping tool, which utilizes the most up to date Census data, that plots the location of over 470 EB-5 projects from a wide variety of industries and located in diverse communities across the U.S. The mapping tool will be an essential tool for industry and policy analysis. The interactive map is a tool for consideration of a specific proposal to reform Targeted Employment Area (TEA) policy. IIUSA created the interactive mapping tool for members and industry stakeholders to use as a tool to help inform a meaningful discussion and consideration of the TEA proposal presented in a hearing before the Senate Committee on the Judiciary on April 13, 2016 by Dan Healy, CEO of Civitas Capital Group, and Director at IIUSA. Further details on the proposal can be found on pages 11-14 of the written testimony.
Both Congress and U.S. Citizenship & Immigration Services have stated intent on reforming the EB-5 Regional Center Program including TEA policy, making it essential to long term reauthorization of the Program. Whether reform occurs via legislation or regulation, designing effective policy requires clear information and data showing anticipated results from the implementation of new policy – especially on a multi-billion dollar industry like EB-5 that relies on predictability and certainty to achieve the policy goals of job creation.
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