July 17, 2010 11:28 AM
VICTORVILLE • The city is prepared to accept three more $500,000 loans from foreign citizens through the federal EB-5 visa investor program, even while the federal government decides whether Victorville’s program will be allowed to continue.
If the council accepts these seventh, eighth and ninth loans, Victorville will have borrowed a total of $4.5 million through the program, which puts aspiring immigrants on the path to citizenship in exchange for a loan that creates at least 10 jobs.
U.S. Citizenship and Immigration Services on May 4 issued a rare notice of “intent to terminate” Victorville’s previously approved EB-5 regional center, asking the city to respond to a slew of concerns with the local program and putting all immigration petitions on hold.
Victorville sent hundreds of pages of documentation addressing the agency’s questions to the USCIS, and is now waiting to hear back as to whether the program will be allowed to continue.
USCIS spokeswoman Mariana Gitomer said a notice of “intent to terminate” doesn’t necessarily mean the city can’t still promote its program, though she said she couldn’t discuss details of a specific case and that each one is different.
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Brooke Edwards may be reached at (760) 955-5358 or at bed wards@VVDailyPress.com.