EB-5 Regional Center Program to Get Short-Term Reprieve with Passage of Continuing Resolution
Coinciding with the end of the government's fiscal year, the EB-5 regional center program is set to expire today. However, it will get a temporary reprieve with expected final passage of a Continuing Resolution (CR) that will fund the government through December 11 and also temporarily extend the regional center program through that same date. Alexander Hecht and R. Neal Martin of ML Strategies, our consulting affiliate, and Douglas Hauer posted an alert for our clients regarding the status of the EB-5 program and the continuing resolution.