The EB-5 program which offers green cards to foreign investors who spend $500,000 or in some case $1 million in a project that creates atleast 10 jobs, might undergo some changes in September when it is up for renewal. The changes concerning rules of location could impact projects in New York. As per the program, projects funded through EB-5 investments, need to be built in areas with high unemployment rate. Many of the projects though, are located in wealthy areas of the city which barely have unemployment rates high enough to qualify for EB-5 projects. These include Pacific Park in Downtown Brooklyn co-developed by Greenland Group and Forest City, Tetrahedron at 625 West 57th developed by The Durst Organization, etc. The Congress is expected to adress this along with other concerns like the rapid pace at which EB-5 visas are issued.