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And I have actually been honored to fulfill them and proud to welcome them. Chairman Leahy. As my last inquiry, in some of the testimony this morning there has been a tip that, of program, just with all the hundreds of billions, trillions of bucks prepared to invest, you ought to just go someplace else.


Stenger. I would inform you that in this environment the ability to increase capital for things we are doing would have-- it is impossible to do so in a fashion that would certainly permit us as effectively and as promptly create things we have actually done. You can obtain money if you have obtained 50 percent down.


I can have borrowed fifty percent of that if I had the $12 million in cash to install. Everyone knows that, yes, banks have cash to funding as long as you have obtained half of it in your pocket before you request for the other half. That is not just how organization works these days.

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You are speaking from a real-world experience, not from a brain trust experience. I will certainly leave that just as an unjustified comment from the Chairman. Legislator Grassley. Legislator Grassley. Thanks. I desire to be liable in this problem of undocumented workers. I wish to admit that we only have unscientific info, yet I would like to ask you to what degree you need to go or do most likely to make certain that the centers make certain that the financial investments do not develop tasks for people below unlawfully.


Mr. Stenger. We have actually worked with-- as I claimed, at the Height we had 550 construction workers on our task.


They are composed of 10, 15, 20, 30 staff members. They are from our regional counties. They are Vermonters. They are benefiting straight from the investment. So we are a hands-on facility. I recognize the employees, I know their family members, and we have been able to utilize-- via these last 3 years of terrible financial turmoil, we have actually been able to use practically every building employee in our region and the surrounding areas.

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They are spent in the areas, and they are all United state workers. Legislator Grassley. Mr. Stenger.


Thank you. Mr. North, along the very same lines of the concern I asked him, has your research study revealed instances various other-- and I just provided one example, so I want to admit that and be accountable regarding it-- of centers working with undocumented people? Mr. North. That sort of information is very tough to obtain from USCIS, and I should state that what we do find out about most of the inner aspects of that agency as far as this program is concerned connects to cases in which the staff has actually stated no to an application of some kind and my website afterwards the local center or the individual business owner has actually mosted likely to the Administrative Appeals Office-- which belongs to the firm-- and there we obtain records, we obtain a hearing policeman telling us what is taking place in that specific situation.




This is a poor application." So there is a quantity of negative applications out there, yet only once special info that process gets prior to a management legislation court do we see a lot in the method of detail. Now, there was one instance that you mentioned, and let me simply clarify on that a little.

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Do not take also long since I intend to ask one more pair concerns. However go ahead and quickly coating. Mr. North. The dairy farm had actually claimed 17 workers, and they entered into it, and the judge found that 16 of them were illegals. Currently, that is the one instance I have, and it is a fine example.


Okay. I am mosting likely to ask separate concerns of each of the 3 of you, however it deals with this problem. As I said in my opening statement, I am worried concerning the prospective technicality that allows investors to withdraw their financial investment in regional centers after obtaining their copyright.


Mr. Divine. I would certainly claim that many of the investors, if you asked them what are their objectives, they would state, "I desire to obtain an eco-friendly card, and I desire to keep it.


If I put my money in a hotel development-- Senator Grassley. Can I presume then that you are claiming that there does not need to be any adjustments made because regard? Mr. Divine. I do not think so. Legislator Grassley. Okay. Allow me ask Mr. Stenger, is it typical find here for a financier in your experience to withdraw his or her financial investment quickly after obtaining a copyright? Mr.

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Legislator, no. Our programs require that the capitalist be invested for a minimum of 5 years and be paid back only if business is in a position to do so at the end of that time. We have the advantage of the resources to create the service, get it running, make it effective, guarantee that the tasks will be developed and kept, and then just if the service is effective will certainly there be a departure method for the financier.