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And I have actually been happy to fulfill them and happy to welcome them. Chairman Leahy. As my last inquiry, in some of the testimony this morning there has actually been an idea that, of training course, just with all the hundreds of billions, trillions of dollars prepared to invest, you must simply go someplace else.

Stenger. I would certainly tell you that in this environment the capacity to elevate funding for the important things we are doing would have-- it is impossible to do so in a fashion that would certainly enable us as properly and as promptly produce the important things we have done. You can borrow money if you have obtained 50 percent down.

I can have obtained half of that if I had the $12 million in cash money to place up. Every person knows that, yes, financial institutions have money to financing as long as you have got fifty percent of it in your pocket before you ask for the other half. That is not just how service functions these days.

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You are talking from a real-world experience, not from a think storage tank experience. I will certainly leave that just as a gratuitous remark from the Chairman. Legislator Grassley. Senator Grassley. Thank you. I want to be responsible in this problem of undocumented workers. I want to confess that we just have anecdotal info, however I wish to ask you to what extent you need to go or do go to see to it that the centers make certain that the investments do not create tasks for individuals below illegally.

Mr. Stenger. We have employed-- as I stated, at the Optimal we had 550 building and construction workers on our project.

They are comprised of 10, 15, 20, 30 workers. They are from our regional counties. They are Vermonters. They are benefiting straight from the financial investment. So we are a hands-on center. I recognize the workers, I understand their households, and we have been able to utilize-- via these last 3 years of awful economic turmoil, we have actually had the ability to utilize virtually every building and construction employee in our region and the surrounding counties.

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citizens. They live in the location. Their families exist. They are bought the neighborhoods, and they are all united state employees. Senator Grassley. You do not need to use e-verify, yet I want to know whether you do. Mr. Stenger. We do. Legislator Grassley. You do.

Thank you. Mr. North, find out here now along the exact same lines of the question I asked him, has your research revealed instances other-- and I only gave one instance, so I want to admit that and be responsible about it-- of centers employing undocumented people? Mr. North. That kind of data is extremely difficult to get from USCIS, and I must claim that what we do recognize about several of the internal features of that agency as for this program is worried associates to situations in which the staff has actually claimed no to an application of some kind and then the regional center or the individual entrepreneur has actually mosted likely to the Administrative Appeals Workplace-- which is component of the firm-- and there we get files, we get a hearing officer telling us what is taking place because specific situation.



This is a poor application." So there is a quantity of poor applications available, but just once that process obtains prior to a management law court do we see a lot in the method of detail. Now, there was one case that you mentioned, and allow me just elaborate browse around this web-site on that a bit.

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Do not take also long due to the fact that I wish to ask another couple concerns. But proceed and quickly finish. Mr. North. The milk ranch had actually asserted 17 workers, and they got involved in it, and the court found that 16 of them were illegals. Now, that is the one instance I have, and it is find this an excellent instance.

Okay. I am going to ask different inquiries of each of the 3 of you, yet it deals with this one issue. As I claimed in my opening declaration, I am concerned about the potential technicality that permits investors to withdraw their financial investment in regional centers after obtaining their eco-friendly card.

Divine, are you familiar with any type of instances in which an investor took out the investment and strolled away instantly after receiving a permit? And if you are, or if you believe it is a problem, do you think that it is a technicality that should be closed? Mr. Divine. I would certainly say that a lot of the financiers, if you asked them what are their objectives, they would claim, "I intend to get an environment-friendly card, and I want to maintain it.

Mr. Divine. Let me ask Mr. Stenger, is it typical for a capitalist in your experience to withdraw his or her financial investment immediately after getting an environment-friendly card? Mr.

Senator, no.

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