Investing in American Jobs
EB-5 capital is becoming one of the most sought after sources of financing for economic development projects nationally.
TOBY RITTNER
President & CEO
Council of Development Finance Agencies
American Alliance for Economic Development
AAED is committed to continued job creation and investment in American communities through the EB-5 program.
A competitive economy
is a strong economy.
EB-5 immigrants have invested at least $20 billion in the U.S. economy since 2008.
Created over 174,000 jobs, which equates to approximately 16 jobs per investor.
EB-5 investors are currently facing a decades long backlog putting the continuation of the program at risk.
The Flats East Bank Project was one of the first new, large-scale commercial developments in the City of Cleveland in over a decade, and its construction helped to jump start Cleveland's renaissance. A key portion of the funding came from Cleveland International Fund and the EB-5 Program - without which the Project would have never been successful.
TRACEY NICHOLS
Director of Economic Development
City of Cleveland
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