Thomas J. Donohue, President and Chief Executive Officer of the U.S. Chamber of Commerce, has penned an op-ed for The Hill on the benefits of the EB-5 program that discusses how the program is simply smart government policy. The op-ed breaks down the process and the nuances of the program under current law. Mr. Donohue identifies several projects that have been crucial to the United States, including hotels, schools, technology centers, and nursing homes. Infrastructure projects are also the latest type of developments that utilize the EB-5 program. He recognizes that the EB-5 program is an important and critical part of turning these projects into reality, and due to the economic benefit (both in terms of job growth and investment capital) it brings to each local economy, it should not be allowed to lapse.
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