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EB-5 RC Program Extended to Dec 9 2016-09-30

The EB-5 regional center program  (the  "Program") has been reauthorized through December 9, 2016 as a part of the Continuing Resolution. The Continuing Resolution, signed by President Obama on September 29th, 2016, includes a temporary extension of the Program. This extension allows the Program to continue generating foreign direct investment and creating U.S. jobs through December 9th, 2016.



The extension also provides additional time for Congress to consider a long-term re-authorization bill that would include reform measures to strengthen federal oversight and the integrity of the Program. 



Source: IIUSA

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