Jupiter, FL – May 30th, 2018 – U.S. Immigration Fund (“USIF”) is pleased to announce that the I-924 project exemplar application for Halletts Point was approved by the United States Citizenship and Immigration Services (“USCIS”) on May 24th, 2018. To date U.S. Immigration Fund has a 100% I-924 approval success rate.
The $100 million EB-5 loan is helping to finance the construction of Halletts Point, a new waterfront community that will help transform Astoria, Queens. Halletts Point offers immersive amenities, panoramic city views and premium residences. Halletts Point will transform a stretch of the Queens waterfront into a thriving residential community with a supermarket, a vibrant mix of retail, an extended and enhanced waterfront esplanade, parklands and renovated playgrounds.
“We want to congratulate all of the investors who are helping to finance the Halletts Point project with U.S. Immigration Fund,” said Nicholas Mastroianni III, President of USIF. “This project approval is a significant milestone for this project in Queens, New York.”
The USCIS project approval on the Halletts Point project is another significant milestone for U.S. Immigration Fund, who has never had an adjudicated EB-5 project denial. U.S. Immigration Fund is in the process of bringing a total of 25 projects to market which will contribute $15 billion to the United States economy including $3 billion of EB-5 financing from 6,000 investors. It is anticipated that over 83,000 jobs will be created ultimately providing 18,000 investors and their immediate family members the opportunity to receive their permanent U.S. green cards.
About U.S. Immigration Fund
U.S. Immigration Fund (USIF) is America’s leading EB-5 Regional Center operator with world-renowned investment opportunities from New York City to California and 6,000 clients from across the globe. With approved Regional Centers located in the world’s most thriving metropolitans, USIF provides worthwhile opportunities for foreign investors and their families to obtain permanent U.S. residency through the EB-5 Program. Each year, the U.S. government allocates 10,000 visas for foreigners who invest through the Program. These initiatives enjoy full government support as they stimulate the economy, generate at least ten jobs per investment, and promote community development while providing access to green cards for foreign investors and their families.
U.S Immigration Fund
115 Front Street suite 300, Jupiter, FL 33477