The EB-5 program, originally established in 1990 by the U.S. Congress, was designed to stimulate the U.S. economy and create American jobs. Initially, the EB-5 program only allowed foreign investors to make direct investments in American commercial enterprises in exchange for immigration benefits. In an effort to further incentivize foreign investors, congress created the regional center program in 1993, which allowed USCIS designated regional centers to sponsor EB-5 investments. The regional center program is not permanent and has been reauthorized several times since its inception. Many industry stakeholders have been calling for the regional center program to be permanent. In light of visa retrogression, there has also been strong initiatives in the EB-5 industry, calling for lessening the restriction on the annual visa quota or changing the method USCIS calculates the number of visas being used under the EB-5 visa category. The program went through regulatory changes in late 2019, when the investment amounts and TEA designations were changed, among other things.