by McKenzie Penton | Mar 15, 2022 | Government Affairs
On Friday, March 11, 2022, a small asteroid is believed to have impacted earth near Iceland. While not normally an astronomical blog, we would be remiss if we did not mention that the asteroids’ name was 2022 EB5… What’s so important about March 11...
by McKenzie Penton | Mar 14, 2022 | Education, Events, Government Affairs, Membership
We Did It! Celebrate the Renewed EB- Industry in Orlando this Spring As you likely saw, the EB-5 Regional Center Program received a five-year reauthorization as part of the Omnibus spending bill passed by the Senate last week and awaiting the presidents signature....
by McKenzie Penton | Mar 11, 2022 | Government Affairs, Membership, Press Release
Contact: Aaron Grau, Executive DirectorPhone: (412) 480-1809Email: aaron.grau@iiusa.org CONGRESS REAUTHORIZES THE EB-5 REGIONAL CENTER PROGRAM WASHINGTON, DC – March 11, 2022 – Last night, with a vote of 68 yeas and 31 nays, the U.S. Senate passed a sweeping federal...
by McKenzie Penton | Mar 10, 2022 | Government Affairs, Research & Analysis
SUMMARY of new EB-5 Reform Bill Destined for Omnibus by March 11, 2022 by Robert Divine, Shareholder, Baker Donelson March 10, 2022 Last night (March 9, 2022), the House of Representatives passed an omnibus spending package that included an EB-5 bill that provides a...
by McKenzie Penton | Mar 9, 2022 | Government Affairs
EB-5 Regional Center Program Is Set to Be Reauthorized for 5 Years as Final Steps Take Place in the Legislative Process At approximately 3:00 AM ET today (March 9th), the U.S. House of Representatives filed the omnibus spending bill (full text here) that will avoid a...
by McKenzie Penton | Mar 8, 2022 | Government Affairs
A recent article in the Buffalo News highlights the profound impact the EB-5 Regional Center Program has had in Buffalo and the surrounding communities and advocates for its prompt reauthorization by Congress. The article specifically notes the “74 million to...