President Barack Obama signed the Continuing Resolution on September 29, extending the reauthorization of the EB-5 Regional Center Program through December 9.
"We are pleased that lawmakers extended the EB-5 Regional Center Program in the continuing resolution signed by President Obama today," said IIUSA Executive Director Peter D. Joseph. "The extension provides EB-5 stakeholders more time to work for important reforms that improve rigorous vetting of both projects and investors, while allowing the program to continue transforming communities and providing quality American jobs."
This mandate takes effect immediately.