In 2015, 1,000+ organizations representing diverse communities, industries, and constituents came together to tell Congress that #EB5isWorking for America as a 21st century economic development and job creation tool – all at no cost to the taxpayer.

The number of signatories supporting EB-5 grew over 60% since 2012 when almost 400 organizations signed on to support the last multi-year reauthorization of the EB-5 Regional Center Program, which passed with bipartisan support. EB-5 has grown into a vital financing tool that is contributing billions of dollars of foreign direct investment for economic development projects across the U.S. Its emergent role in post-recession capital markets is now being reflected by the Program’s diverse and widespread support for reauthorization throughout the country.

National Support

The National Association of Counties (NACo) and U.S. Conference of Mayors (USCM) – both of the major public interest groups that represent local government and see how #EB5isWorking every day – have adopted resolutions supporting the EB-5 Program for several years over. Other important national organizations and institutions that represent the academic, private, and philanthropic sectors have also signed onto support EB-5 as listed below.

  • Alliance for Innovation and Infrastructure
  • Alward Institute for Collaborative Science
  • American Immigration Lawyers Association (AILA)
  • Association of University Research Parks (AURP)
  • Center for Community Progress
  • Council of Development Finance Agencies (CDFA)
  • EB-5 Investment Coalition (EB-5 IC)
  • National Association of Counties (NACo)
  • National Conference of State Legislatures (NCSL)
  • National Community Renaissance (National CORE)
  • National Development Council (NDC)
  • Initiative for a Competitive Inner City (ICIC)
  • International Economic Development Council (IEDC)
  • P3 Alliance
  • Rural Broadband Company
  • Reshoring Initiative
  • The Real Estate Roundtable
  • U.S. Chamber of Commerce
  • U.S. Conference of Mayors (USCOM)

State and City Support

States, counties, and cities from all over the U.S. and from communities both urban and rural have benefitted from the EB-5 Program, signing onto support EB-5 in large numbers that continue to grow. Local government understands that constituents and communities across the country are relying on the EB-5 Program for economic opportunity. That is why so many have signed on to support the EB-5 Program as listed below.

  • American Samoa Department of Commerce
  • Arizona Commerce Authority | ACA
  • Alaska Industrial Development & Export Authority
  • California State Assembly Committee on Jobs, Economic Development, and the Economy
  • Cass County, MO
  • City of Austin Department of Economic Development
  • City of Buckeye’s Economic Development Department
  • City of Buena Park, CA
  • City of Dallas, TX
  • City of Fort Worth, TX
  • City of Lamar, MO
  • City of Milwaukee
  • City of Peoria, AZ
  • City of Phoenix, AZ
  • City of San Antonio, TX
  • City of Surprise, AZ
  • City of Union City, CA
  • City of Watsonville, CA
  • Cleveland-Cuyahoga County Port Authority
  • Columbus-Franklin County Finance Authority, OH
  • Commonwealth of Puerto Rico
  • County of Cuyahoga, OH
  • Davenport, IA
  • Franklin County Development Authority, AL
  • Iowa Department of Economic Development (IDED)
  • Howard County Maryland Economic Development Authority
  • Jamestown Urban Renewal Agency
  • Jefferson County Port Authority
  • Lexington Downtown Development Authority, KY
  • Morrow County Development Office
  • Ontario County Economic Development
  • Pima County, AZ
  • Port of Greater Cincinnati
  • Portland Development Commission | PDC, OR
  • Savannah Economic Development Authority, GA
  • Southern Ohio Port Authority
  • Town of Gilbert, AZ
  • University of Texas Rio Grande Valley

Public-Private Support

Public-Private-Partnerships (P3) come in all different forms and continue to be one of the main areas of innovation in economic development policy in the 21st century. EB-5 has been a welcome tool in P3 initiatives all over the U.S., often producing efficient and affordable economic development projects that often are related to public infrastructure. The below organizations have signed on to support EB-5 understand how important the Program is to the emerging P3 sector.

  • Arizona Bioindustry Association, AZ
  • California Association for Local Economic Development, CA
  • California Chamber of Commerce, CA
  • Chicagoland Chamber of Commerce, IL
  • Community Foundation of Louisville, KY
  • DevelopErie, PA
  • Entrepreneurs and Mentors Network, AK
  • Economic Development & Finance Alliance of Tuscwarawas County, OH
  • Energy Florida Inc, FL
  • Greater Cleveland Partnership, OH
  • Greater Phoenix Economic Council, AZ
  • HOPE of Kentucky, Kentucky Bankers Association, KY
  • Inland Empire Economic Partnership, CA
  • Joplin Regional Partnership, MO
  • Los Angeles Area Chamber of Commerce, CA
  • Monroe County Business Development Corporation, MI
  • Metropolitan Milwaukee Association of Commerce, WI
  • Mount Snow Region Chamber of Commerce, VT
  • Mahoning Valley Economic Development Corporation, OH
  • New Mexico Partnership, NM
  • New York State Small Business Development CenteR, NY
  • Orange County Business Council, CA
  • Ohio Community Development Finance Fund, OH
  • Ohio Economic Development Association, OH
  • Pennsylvania Department of Community and Economic Development, PA
  • Paulding Economic Development Inc, OH
  • Philadelphia Industrial Development Corporation, PA
  • Roswell-Chaves County Economic Development Corporation, NM
  • Raza Development Fund, AZ
  • San Antonio Chamber of Commerce, TX
  • San Gabriel Valley Economic Partnership, CA
  • Seattle Metropolitan Chamber of Commerce, WA
  • South Carolina Jobs-Economic Development Authority, CA
  • South Florida Community Development Coalition, FL
  • Southeastern Pennsylvania Transportation Authority (SEPTA), PA
  • Southeastern Vermont Economic Development Strategies, VT
  • The Catalytic Fund of Northern Kentucky, KY
  • Vermont Ski Areas Association, VT
  • Washington Council on International Trade, WA
  • Wharton Economic Development Corporation, TX
  • World Trade Center St. Louis, MO

What People Are Saying about EB-5

The Program is working for America, creating U.S. jobs at no cost to the U.S. taxpayer.

Economic development professionals, elected officials, and other business and union leaders who have seen the success of the Program firsthand all agree.

The EB-5 program is a valuable tool in Arizona’s efforts to attract foreign investment to our state. These investments equate to job creation and help strengthen our statewide economy.
Sandra Watson, President and CEO, Arizona Commerce Authority
The E-B5 program has brought much needed investment to the State of Wisconsin, improving our infrastructure, helping businesses, and most importantly creating jobs.
Jim Doyle, Former Wisconsin Governor
Dallas has a unique competitive advantage when it comes to attracting EB-5 capital, the city is decidedly business friendly and it is home to a highly talented and energetic workforce.
Ambassador Jim Oberwetter, President and CEO, Dallas Regional Chamber

EB-5 Regional Center Industry Event Calendar

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