The EB-5 program is set to expire on June 30.
In December, Congress extended the program but detached it from the continuing resolution process. Now, without Congressional agreement, the program could end after 30 years.
The EB-5 program was created by the Immigration Act of 1990 as a method for providing qualified immigrant investors the opportunity to obtain a permanent green card.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
