A program aimed at creating jobs in Western New York while attracting overseas investors is the subject of a forum in Niagara Falls today. The program is called "EB-5" and it's taken off in recent years in the Buffalo-Niagara region.
"The whole point of the EB-5 Program, when Congress created the program, was to spur job creation and they do that by allowing overseas investors to invest in projects that create new U.S. jobs," says William Gresser, President of the EB-5 New York State Regional Center. "When a person does this, he or she can then earn a visa for themselves and their family to come to the U.S."
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