The U.S. Citizenship and Immigration Services (USCIS) approves I-956F forms for Regional Center EB-5 projects throughout the year, which are significant milestones in the EB-5 process.
Since July, an impressive number of investments have been authorized in less than six months, showcasing a remarkable enhancement from the previous average processing time of 12-30 months. This positive change can be attributed to implementing the EB-5 Reform and Integrity Act (RIA).
The following list includes projects for which public and accessible information about the I-956Fs is available.
SEPTEMBER
- Peachtree Group’s TownePlace Suites hotel development in a High Unemployment Area (HUA) in Palmdale, CA was approved in less than one year.
- CMB Regional Centers’ Group 90 – Hillwood Treeline project in Dallas-Fort Worth, Texas, was processed in just over six months.
- Pine State Regional Center’s HYBAR Terminals, the second phase of the Rural TEA rebar steel mill project in Northeast Arkansas, was approved in less than ten weeks.
- Canam Enterprises’ second phase of its Rural Broadband EB-5 project in Northern New England and its Rural Multi-Family Residential EB-5 project in Lebanon, New Hampshire, both approved in less than two months. The first phase of the Rural Broadband project was approved four months after the application was filed.
- First Pathway’s Kaia by Outdoor Citizen rural project was approved in under five months.
- Real One Invest’s EB-5 project in Lexington, Frisco.
- Paraprin Capital’s Mammoth Obsidian luxury residential development EB-5 project Mammoth Lakes, California.
- EB5 Energy’s Anadarko Super Basin project, a rural investment in the oil capital of Oklahoma, was approved in eight months.
- Wright Goforth’s Aspen Base resort project in downtown Aspen, California, was approved in five months.
AUGUST
- HomeFed Corporation’s 3rd Otay Ranch (Côta Vera 2 Project) master-planned community in Chula Vista, California, was approved in only six months.
- Houston EB5’s The Frederick hotel-residential-commercial EB-5 project in Fredericksburg, Texas.
- Behring Regional Center’s RISE project, part of the BRC Legacy Partners LP (Legacy Fund), is a multi-asset project featuring student housing for UC Berkeley students and workforce housing in the San Francisco Bay Area.
- CMB Regional Centers’ Group 86 – Gable House Apartments project in Torrance, California, was approved in less than five months.
- Civitas Capital Group’s Third Street Promenade Santa Monica project in California.
- Gadde Hidden Hills Vistas project in Gatlinburg, Tennessee.
- EB5AN’s Snake River Sporting Club rural EB-5 project in Jackson, Wyoming.
JULY
- Green Card Fund’s Terra Vi Yosemite nature resort EB-5 project.
- West Virginia Regional Center’s rural high-density apple orchards EB-5 project in Eastern Kentucky.
JUNE
- Civitas Capital Group’s Tree Farm Lofts, in Basalt, Colorado, its second EB-5 project near Aspen, Colorado, approved in four months.
You can check previously reported I-956F approvals! If you have an EB-5 project that received approval during this period, please contact us at marta@eb5investors.com
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