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And I have actually been proud to satisfy them and proud to invite them. Chairman Leahy. As my last inquiry, in some of the testament this early morning there has been a tip that, of course, simply with all the hundreds of billions, trillions of bucks prepared to invest, you should just go someplace else.
I could have obtained half of that if I had the $12 million in money to put up. Everybody recognizes that, yes, banks have money to car loan as long as you have obtained half of it in your pocket prior to you request for the other half. That is not exactly how company functions nowadays.
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You are speaking from a real-world experience, not from a think storage tank experience. I will certainly leave that simply as a gratuitous comment from the Chairman. Legislator Grassley. Senator Grassley. Thanks. I intend to be liable in this issue of undocumented employees. I want to admit that we just have anecdotal details, but I want to ask you to what extent you have to go or do most likely to make sure that the facilities make certain that the financial investments do not produce work for people right here unlawfully.
Mr. Stenger. We have worked with-- as I stated, at the Height we had 550 building and construction workers on our task.
They are made up of 10, 15, 20, 30 employees. They are from our regional counties. They are Vermonters. They are benefiting straight from the financial investment. We are a hands-on facility. I understand the employees, I know their households, and we have actually been able to utilize-- with these last 3 years of awful financial turmoil, we have been able to employ almost every building worker in our county and the surrounding areas.
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They are spent in the communities, click for more and they are all United state workers. Legislator Grassley. Mr. Stenger.
Mr. North, along the exact same lines of the inquiry I asked him, has your study revealed examples various other-- and I just provided one example, so I want to confess that and be responsible regarding it-- of facilities employing undocumented individuals? Mr. EB5 Regional Center Program. North.
This is a poor application." So there is an amount of bad applications available, yet only when that process obtains before a management regulation court do we see much in click this link the method of detail. Currently, there was one instance that you mentioned, and let me just specify on that particular a bit.
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Do not take also long because I wish to ask an additional couple concerns. Go in advance and quickly surface. Mr. North. The dairy products ranch had claimed 17 workers, and they you could try here got involved in it, and the judge found that 16 of them were illegals. Now, that is the one instance I have, and it is an excellent example.
Okay. I am mosting likely to ask different questions of each of the 3 of you, however it manages this one issue. As I stated in my opening declaration, I am worried regarding the prospective technicality that allows capitalists to withdraw their financial investment in regional centers after getting their permit.
Divine, are you knowledgeable about any kind of circumstances in which a capitalist took out the investment and left quickly after getting 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 shut? Mr. Divine. I would certainly claim that the majority of the investors, if you asked them what are their objectives, they would say, "I wish to obtain a permit, and I wish to maintain it.
Senator, legislator.