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And I have been honored to meet them and pleased to welcome them. Chairman Leahy. Likewise, as my last inquiry, in some of the statement this early morning there has been a recommendation that, of training course, simply with all the thousands of billions, trillions of dollars all set to spend, you need to simply go somewhere else.


Stenger. I would certainly tell you that in this climate the capacity to elevate funding for the points we are doing would have-- it is impossible to do so in a manner that would allow us as efficiently and as rapidly create things we have actually done. You can obtain cash if you have actually obtained 50 percent down.


I could have borrowed fifty percent of that if I had the $12 million in money to install. Everybody recognizes that, yes, financial institutions have cash to loan as long as you have actually got fifty percent of it in your pocket before you request for the other fifty percent. That is not exactly how company functions these days.

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You are talking from a real-world experience, not from a brain trust experience. I will certainly leave that simply as an unjustified remark from the Chairman. Senator Grassley. Legislator Grassley. Thanks. I want to be liable in this issue of undocumented employees. I wish to confess that we only have unscientific information, yet I would love to ask you to what level you need to go or do most likely to make sure that the centers make certain that the financial investments do not produce tasks for individuals below illegally.


Mr. Stenger. We have hired-- as I claimed, at the Height we had 550 building workers on our job.


They are made up of 10, 15, 20, 30 employees. They are profiting straight from the investment. I know the employees, I understand their households, and we have been able to use-- via these last 3 years of dreadful financial chaos, we have actually been able to use practically every construction employee in our region and the surrounding areas.

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They are invested in the neighborhoods, and they are all United state employees. Senator Grassley. Mr. Stenger.


Thank you. Mr. North, along the very same lines of the question I asked him, has your research study revealed instances other-- and this page I just offered one example, so I intend to admit that and be accountable concerning it-- of facilities hiring undocumented individuals? Mr. North. That type of information is very difficult to obtain from USCIS, and I need to state that what we do find out about many of the interior features of that firm as for this program is worried associates with cases in which the personnel has stated no to an application of click for more info some kind and then the regional center or the specific entrepreneur has mosted likely to the Administrative Appeals Office-- which is component of the company-- and there we obtain papers, we get a hearing policeman informing us what is taking place in that particular case.




This is a bad application." There is an amount of bad applications out there, yet just once that procedure gets before a management legislation judge do we see a lot in the means of information. Now, there was one situation that you discussed, and let me simply clarify on that a little.

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Do not take as well long because I intend to ask one more couple concerns. Go ahead and rapidly finish. Mr. North. The dairy farm had asserted 17 employees, and they entered into it, and the judge found that 16 of them were illegals. Currently, that is the one instance I have, and it is a fine example.


Okay. I am going to ask separate questions of each of the three of you, yet it handles this problem. As I stated in my opening declaration, I am concerned regarding the possible technicality that permits investors to withdraw their investment in regional centers after obtaining their permit.


Mr. Divine. I would certainly say that most of the financiers, if you asked them what are their objectives, they would certainly say, click this site "I desire to get an environment-friendly card, and I want to maintain it.


If I place my money in a resort growth-- Legislator Grassley. Can I assume then that you are saying that there does not need to be any kind of changes made in that regard? Mr. Divine. I do not believe so. Legislator Grassley. Okay. Allow me ask Mr. Stenger, is it usual for an investor in your experience to withdraw his/her investment instantly after obtaining an eco-friendly card? Mr.

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Senator, no. Our programs require that the capitalist be spent for a minimum of 5 years and be paid back just if the business is in a setting to do so at the end of that time. So we have the benefit of the capital to develop the service, get it running, make it successful, ensure that the tasks will be produced and maintained, and afterwards just if business is successful will there be a departure approach for the capitalist.