Would building new homes in an urban location in a Targeted Employment Area (TEA) qualify as a set-aside category project? Or does it qualify as an Unreserved? Or is it an infrastructure set aside project? I am having trouble differentiating between the classifications when it comes to investing in a city, because from my understanding, when an EB-5 project is in a rural area, it is not Unreserved.
Answers
Bernard P Wolfsdorf
EB-5 Immigration attorneysNeed to check TEA map to see if in a TEA.
Lynne Feldman
EB-5 Immigration attorneysAll new cases are in the “Unreserved” category unless classified as “rural”, “High unemployment” or “infrastructure.”
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