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Yet the regulation says you have reached spend for 2 years which is all. Second, at one of the stakeholders meetings put on by USCIS, I asked an inquiry: Have you done any research on just how much cash remains past the 2 years? And the response was no

Legislator Grassley. Thanks, Mr. Chairman. I would love to have a second round. Chairman Leahy. Definitely. Let me just ask, Mr. Divine, you hear this criticism that the cash just needs to remain invested for 2 years. Has that been your experience? Mr. Divine. If cash gets placed into a hotel, as I was beginning to discuss earlier, the developer of that project would certainly need to have the ability to discover somebody to buy the hotel or would certainly need to be able to discover somebody to refinance it with other money.




It is not any kind of simpler always than when it was in the conditions that brought about the foreign investors being the ideal choice for funding the important things in the first area. However, hey, if it is an effective project, it earns money, and it can be offered, I do not see any reason that the job should not have the ability to be offered and for the financier to be able to recognize the return of his investment, maybe obtain on his financial investment, much like every other investor.

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If you have a job that is funded directly with the Immigrant Financier Program and it is thought to be using undocumented employees, Immigration and Customs Enforcement could explore the employer, could they not? Mr. Divine. They could. I mean, I believe what we require to understand also is that the instance that is being cited as evidence that in some cases these tasks have actually hired an unapproved worker is one in which USCIS did some kind of monitoring and figured out that the worker was not accredited and stopped it.

Mr. Divine. Every one of these companies is required to complete the I-9 type, yet USCIS goes an action even more and does a check of some kind that led to the situation that has actually been mentioned. I am not a witness right here, however I am so struck by Mr.

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I mean, Indicate recommend that all of you actually-- Really North, in your case, situation out from inside the Beltway and go up there and talk with speak of these people.

Mr.

I asked Mr. Stenger this. Mr.

I mean, imply agency in effect isResult USCIS is a fee-funded agency, company it is essentially kind of running a business and organization to cover its expenses with costs income that revenue generated. To run this program correctly, USCIS requires to staff up in a huge means, dealing with the volume that is currently there and expecting the raised volume of even more investment as we obtain also close to half of the 10,000 visas that are readily available in this classification.

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I imply, that has actually reached seem like a conflicting circumstance, and you would certainly think of that it is mosting likely to hold somebody back. Now, I am not saying that they are keeping back, and I recognize that they are attempting to staff up because I am sure they think and wish that the program will be reauthorized for the benefit of the Nation.

And is that truly where they are mosting likely get more info to be able to invest their time and resources in attempting to clean up the guidelines of this program to make sure that everyone knows whether they can certify or not and which type of jobs are mosting likely to qualify and so forth? We require that constantly.

And, Mr. Stenger, we in Vermont-- once more, a tiny State, yet we have the State federal government included with the Vermont Regional. Mr. Stenger.

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