USCIS Approves EB5 Capital’s Hutchinson Island Apartments (JF38) Project
10 Mayo 2024 - 5:00PM
EB5 Capital, an industry-leading investment company that
specializes in raising foreign capital under the EB-5 Immigrant
Investor Program, is pleased to report that its Hutchinson Island
Apartments (JF38) project recently received an I-956F approval from
the United States Citizenship and Immigration Services (USCIS).
This Form I-956F approval was adjudicated in approximately nine
months and confirms that USCIS has assessed and verified the
compliance of the project and its related documents.
“We are delighted to receive another swift
project approval from USCIS,” said Juline Kaleyias, EB5 Capital’s
Vice President of Business Development. “JF38’s approval marks our
seventh project approved by USCIS since the EB-5 Reform and
Integrity Act went into effect two years ago.” An I-956F project
approval is required prior to individual I-526E petition approvals,
the application for an investor to secure conditional permanent
residency in the United States.
Hutchinson Island Apartments was an EB-5 raise
recently completed to help finance a 288-unit multifamily
development in Savannah, Georgia. The project broke ground last
year and is on track to deliver resort-style apartments with water
views before the end of 2025. The project is in close proximity to
the Savannah Convention Center and The Westin Harbor Golf
Resort.
In the coming weeks and months, EB5 Capital will
continue to track investors’ I-526E petition approvals in JF38 and
attentively monitor the remainder of the construction process. The
firm remains dedicated to identifying and executing projects that
not only meet the rigorous requirements of USCIS, but are also
meaningful contributions to local communities and economies across
the United States.
About EB5 Capital
EB5 Capital provides qualified foreign investors
with opportunities to invest in job-creating commercial real estate
projects under the United States Immigrant Investor Program (EB-5
Visa Program). Headquartered in Washington, DC, EB5 Capital’s
distinguished track record and leadership in the industry has
attracted investors from over 75 countries. As one of the oldest
and most active Regional Center operators in the country, the firm
has raised over $1 billion of foreign capital across approximately
40 EB-5 projects. 100% of our investors’ funds are protected by the
Federal Deposit Insurance Corporation (FDIC) insurance prior to
their deployment into our projects. Please
visit www.eb5capital.com for more information.
Contact: Katherine
WillisDirector, Marketing &
Communicationsmedia@eb5capital.com