EB5 Investors Magazine and EB5investors.com Articles
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EB-5 Community Bank Re-Capitalization Initiative
The thought behind the suggested EB-5 community bank re-capitalization initiative is to help banks increase their capital to be able to add to their asset base and boost lending capacity for projects in their communities. The goal is to recapitalize 3,000 banks by 2024 out of the about 5,170 banks insured by the Federal Deposit Insurance Corporation.
Ernie Garfield