Resolved that the National Association of Home Builders (NAHB) urge Congress, together with coalition partners and allies, to permanently reauthorize the Immigrant Investor Program (known as EB-5) and to improve EB-5 program requirements that allow for a broad spectrum of real estate investment opportunities allowing our NAHB members more opportunity to participate in the EB-5 program as an alternative to traditional AD&C construction and permanent lending; and
Further resolved that NAHB urge Congress to refrain from program revisions that could hinder development projects in the nation’s urban and suburban growth centers by limiting targeted employment area designations.
Resolution originally adopted: 2013.10, Resolution No. 2Committees with primary jurisdiction:
- Federal Government Affairs Committee
- Housing Finance Committee