IIUSA Executive Director, Peter Joseph, spoke at the CDFA National Development Finance Summit in Washington, DC last week, along with IIUSA members Tom Rosenfeld – IIUSA Director, Mariza McKee, Attorney, Kutak Rock, and Steve Strnisha – CEO of Cleveland International Fund (both IIUSA members). The focus of this year’s National Summit was to examine the role of the federal government in supporting job creation and business investment and bring together the top federal leaders to address the challenges facing our nation’s economy – covering topics from tax-exempt bonds, tax increment financing, new market tax credits, and the EB-5 Program.
Moderated by Peter, the presentation provided an overview of IIUSA and the EB-5 Program with the practicitioners on the panel discussing their experience in marketplace on securities compliance, raising capital overseas, and putting the capital to use for the purposes of regional economic development and job creation in various communities around the country. IIUSA is grateful for our continued partnership with CDFA, as it represents the emergence of EB-5 capital as a reliable tool for economic development in recent years. Our next partnership event is the “EB-5 101 WebCourse” coming in September 18-19.