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CDFA EB-5 Finance Update August 11, 2015

EB-5 Finance Update
August 11, 2015
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EB-5 Finance Update

Features

CDFA is proud to launch the CDFA EB-5 Finance Update. This will be the final sample issue. We encourage you to subscribe today to continue receiving CDFA EB-5 Finance Update each month.

USCIS Releases Draft Guidance on EB-5 Requirements
U.S. Citizenship and Immigration Services on Monday released draft guidance on the EB-5 Immigrant Investor Program, providing clarity on the job creation requirement of the program up for renewal in Congress this fall.

EB-5 Regional Center Reauthorization Legislation Introduced
Legislation to permanently reauthorize and reform the EB-5 Regional Center Program was introduced in the House. The legislation provides visas for foreign entrepreneurs who obtain venture capital or seed financing and wish to start businesses in the United States.

IIUSA: USCIS Data Shows Remarkable Growth for EB-5 Program
Invest in the USA (IIUSA) released its analysis of U.S. Citizenship and Immigration Services data demonstrating significant growth of the EB-5 program in the first two quarters of fiscal year 2015.

White House Releases Report on Modernizing EB-5
In a recent White House report on immigration, two recommendations were made for improvements to the EB-5 Program: update standards for the EB-5 Program and clarify options for potential EB-5 investors to obtain visitor visas.

Alternative Capital: A Discussion on EB-5 Funding
NIC Future Leaders Council explains how EB-5 is an alternative capital resources that can be great for seniors housing developers looking beyond traditional institutional capital, REITs and private equity.

Upcoming Events
CDFA National Development Finance Summit

CDFA Kentucky Webcast: Understanding the EB-5 Model in Kentucky
August 19, 2015 - 11am ET
Join the CDFA Kentucky Financing Roundtable in partnership with the Bluegrass International Fund, for this webcast on "Understanding the EB-5 Model in Kentucky," in which experts share basics of the program, case studies, and considerations for using this valuable tool in Kentucky.

Headlines

EB-5 Industry Leaders Sign Support Letter to Congress
National Law Review | Aug. 11 | EB-5 Visa | Federal | Legislative

State Visa Program to Boost Foreign Investment in ME
Bangor Daily News | Aug. 7 | EB-5 Visa

Miami Taps EB-5 Visa Program to Fund Affordable Housing
The Wall Street Journal | Aug. 7 | EB-5 Visa

Hotel Astor in Miami Beach Granted EB-5 Status
The Real Deal South Florida | Aug. 6 | EB-5 Visa | U.S. Citizenship and Immigration Services (USCIS)

ME DECD Says It Will Consider Starting State-Run EB-5 Program
Lewiston Sun Journal | Aug. 6 | EB-5 Visa | State Finance Program

NY Law Firm Wraps Up $1B in EB-5 Deals
Commercial Observer | Aug. 4 | EB-5 Visa

New House Bill Expands EB-5 to Create EB-6 Visa
Globe St | Aug. 3 | EB-5 Visa

National Association of Counties Adopts EB-5 Resolution
Lexology | Jul. 27 | EB-5 Visa | Public-Private Partnership (P3) Financing | Rural Development

The EB-5 Visa is Helpful but Imperfect
Corporate Counsel | Jul. 22 | EB-5 Visa

Behind the Massive Growth in EB-5 Visas
Bloomberg | Jul. 21 | EB-5 Visa

NYC Developers Face Clash in Washington on Visa Program
Bloomberg | Jul. 20 | EB-5 Visa | Federal | Legislative



The Council of Development Finance Agencies (CDFA) is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information, visit www.CDFA.net or email info@cdfa.net


Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


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