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And I have actually been happy to fulfill them and proud to invite them. Chairman Leahy. Likewise, as my last inquiry, in some of the statement today there has actually been a recommendation that, of course, simply with all the thousands of billions, trillions of dollars prepared to spend, you need to just go someplace else.


Stenger. I would inform you that in this environment the capability to increase capital for the points we are doing would certainly have-- it is impossible to do so in a manner that would certainly permit us as properly and as rapidly develop the points we have actually done. You can borrow money if you have actually obtained 50 percent down.


I can have obtained fifty percent of that if I had the $12 million in money to put up. Everyone recognizes that, yes, banks have cash to loan as long as you have actually got fifty percent of it in your pocket before you request for the various other half. That is not just how service works these days.

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You are talking from a real-world experience, not from a brain trust experience. I will leave that merely as a gratuitous comment from the Chairman. Legislator Grassley. Legislator Grassley. Thank you. I want to be liable in this issue of undocumented employees. I intend to admit that we just have anecdotal info, but I wish to ask you to what extent you have to go or do most likely to see to it that the centers ensure that the investments do not produce work for people right here unlawfully.


Mr. Stenger. We have actually worked with-- as I claimed, at the Peak we had 550 construction workers on our project.


They are made up of 10, 15, 20, 30 workers. They are benefiting straight from click here for more info the financial investment. I understand the workers, I recognize their family members, and we have been able to employ-- through these last 3 years of dreadful financial turmoil, we have actually been able to utilize practically every construction employee in our region and the surrounding areas.

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They are invested in the areas, and they are all U.S. site here employees. Senator Grassley. Mr. Stenger.


Thank you. Mr. North, along the same lines of the inquiry I asked him, has your research shown instances various other-- and I only provided one instance, so I wish to admit that and be accountable regarding it-- of facilities hiring undocumented individuals? Mr. North. That type of information is very hard to acquire from USCIS, and I have to say that what we do understand about a number of the interior aspects of that agency as for this program is worried connects to cases in which the staff has claimed no to an application of some kind and afterwards the regional center or the individual entrepreneur has mosted likely to the Administrative Appeals Workplace-- which belongs to the agency-- and there we get files, we get a hearing policeman informing us what is taking place because particular case.




This is a negative application." So there is an amount of negative applications around, however only once that process gets prior to a management legislation judge do we see a lot in the means of information. Now, there was one instance that you pointed out, and let me just specify on that particular a bit.

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Do not take as well long due to the fact that I wish to ask another couple questions. Go ahead and quickly finish. Mr. North. The dairy farm had actually asserted 17 employees, and they got involved in it, and the judge discovered that 16 of them were illegals. Now, that is the one example I have, and it is an example.


Okay. I am going to ask separate questions of each of the 3 of you, yet it manages this set problem. As I stated in my opening statement, I am concerned about the prospective technicality that enables financiers to withdraw their visit our website investment in regional facilities after getting their environment-friendly card.


Mr. Divine. I would claim that most of the capitalists, if you asked them what are their goals, they would state, "I want to obtain a copyright, and I desire to keep it.


Mr. Divine. Allow me ask Mr. Stenger, is it common for a capitalist in your experience to withdraw his or her financial investment right away after receiving an environment-friendly card? Mr.


Senator, no.