09/17/2014
https://congress.gov...
"I believe the EB-5 program can have a positive effect on distressed urban and rural communities by providing a source of jobs and investment."
"Steering investments to projects in our cities' wealthiest neighborhoods at the expense of urban and rural communities that need it most is not what Congress intended when it established targeted empl..."
"However, as reported by The Wall Street Journal, as well as many other news sources, the vast majority of EB-5 investment funds are going to projects in some of America's most affluent areas that qual..."
"Now, we have a situation here where, Mr. Colucci, The Wall Street Journal estimates that 80 percent of all EB-5 projects need gerrymandering to qualify as high unemployment targeted employment areas."