Current EB-5 Investment Projects
Current Information + Related News
First look inside the EB-5 NYS Project: John R. Oishei Children's Hospital in Buffalo New York
WBFO recently did a story about the local EB-5 program title: "Foreigner investors who 'buy' a green card are helping Buffalo rebuild". Read the article, or listen to it online.
The EB-5 federal immigration investment program is being used to identify 100 foreigners to help finance Kaleida Health's new hospital on the Buffalo Niagara Medical Campus.
ROCHESTER, N.Y. -- Tower 280, which for decades towered above Midtown Plaza in downtown Rochester, is nearly full, according to developers. Three years after Buckingham Properties and Morgan Management began redeveloping the Midtown Tower, tenants are moving in.
Uniland Development Co. will receive a “special recognition” award next month in honor of its 250 Delaware construction project in downtown Buffalo.
As a part of its overall financing plan for the project, Kaleida Health anticipates $50 million in investment through EB-5 New York State in Buffalo (EB-5 NYS) will help fund the purchase of equipment for the new John R. Oishei Children’s Hospital, and its adjacent ambulatory care clinics, now under construction on the Buffalo Niagara Medical Campus.
By William Gresser, President EB-5 New York State, LLC
In 2015 the U.S. Congress considered several bills which would have increased the required EB-5 investment amount from the current $1 million (or $500,000 in a TEA), to as high as $2 million (or $1 million in a TEA).