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And I have been pleased to satisfy them and proud to welcome them. Chairman Leahy. As my last inquiry, in some of the testimony this early morning there has actually been a recommendation that, of program, simply with all the hundreds of billions, trillions of dollars ready to spend, you ought to just go someplace else.


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


I could have borrowed half of that if I had the $12 million in cash to install. Everybody understands that, yes, financial institutions have cash to lending as long as you have obtained half of it in your pocket prior to you ask for the other fifty percent. That is not exactly how company works nowadays.

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Legislator Grassley. Legislator Grassley. I desire to confess that we just have anecdotal info, yet I would certainly such as to ask you to what extent you have to go or do go to make sure that the centers make sure that the investments do not produce work for people right here unlawfully.


Mr. Stenger. Legislator, I am a hands-on proprietor of a business, and I am on-property every solitary day. We have actually hired-- as I claimed, at the Top we had 550 building workers on our task. The marching orders that I offered to my group is that we are to hire neighborhood companies in practically every instance to do all of the construction.


They are made up of 10, 15, 20, 30 staff members. They are from our regional regions. They are Vermonters. They are profiting directly from the financial investment. We are a hands-on facility. I understand the employees, I recognize their family members, and we have had the ability to use-- through these last 3 years of terrible economic turmoil, we have actually been able to employ almost every building and construction worker in our county and the surrounding regions.

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residents. They stay in the area. Their households exist. They are purchased the areas, and they are all U.S. workers. Senator Grassley. You do not have to use e-verify, but I want to know whether or not you do. Mr. Stenger. We do. Legislator Grassley. You do.


Thanks. Mr. North, along the same lines of the inquiry I asked him, has your research revealed examples various other-- and I only offered one instance, so I wish to admit that and be liable regarding it-- of facilities hiring undocumented individuals? Mr. North. That sort of data is very difficult to get from USCIS, and I need to say that what we do learn about a lot of the inner points concerning that company regarding this program is worried associates with situations in which the team has said no to an application of some kind and after that the regional center or the individual entrepreneur has actually mosted likely to website the Administrative Appeals Office-- which becomes part of the firm-- and there we obtain documents, we obtain a hearing officer telling us what is taking place in that particular situation.




This is a bad application." So there is a quantity of negative applications around, however only once that process obtains before an administrative law court do we see much in the means of information. Now, there was one case that you mentioned, and allow me just elaborate on that particular a little.

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Do not take also long because I wish to ask another couple concerns. But go on and quickly coating. Mr. North. The milk ranch had claimed 17 workers, and they entered it, and the court found that 16 of them were illegals. Now, that is the one instance I have, and it is an example.


Okay. I am mosting likely to ask different concerns of each of the three of you, but it manages this set problem. As I stated in my opening statement, I am concerned concerning the potential technicality that enables investors to withdraw their investment in local facilities after getting their environment-friendly card.


Divine, are you familiar with any type of instances in which an investor took out the investment and walked away promptly after getting an eco-friendly card? And if you are, or if you think it is a problem, do you believe that it is a loophole that should be shut? Mr. Divine. I would say that many of the financiers, if you asked them what are their goals, they would certainly say, "I desire to get a copyright, and I desire to maintain it.


Mr. Divine. Allow me ask Mr. Stenger, is it typical for an investor in your experience to withdraw his or her financial investment instantly after obtaining an eco-friendly card? Mr.


Senator, legislator.