Le Lézard
Classified in: Business
Subject: PDT

USCIS Awards Civitas Central Regional Center I-956 Approval, Covering Four States


DALLAS, Dec. 1, 2023 /PRNewswire/ -- Civitas Capital Group, a Dallas-based alternative investment manager offering niche opportunities in U.S. real estate, today announced that it has received Form I-956 approval from the United States Citizenship and Immigration Services (USCIS) for Civitas Central Regional Center. This means that Civitas will be able to sponsor EB-5 projects in three states it had not previously sought such approval ? Louisiana, Arkansas, and Oklahoma ? as well as the entirety of Texas, where Civitas has sponsored 30-plus EB-5 projects since 2009.

Civitas is very excited that our Form I-956 was approved to operate across a four-state region.

The Form I-956, which was prepared and filed on behalf of Civitas by immigration advisors KLD LLP, was designed to prove to USCIS that the multistate regional center is compliant with EB-5 program requirements. The adjudication of the I-956 for the regional center in just eight months is exciting news, as Civitas has five other multistate regional centers awaiting approval. If approved, these six multistate regional centers would give Civitas EB-5 sponsorship approval covering most of the United States.

Civitas currently has nine additional regional centers operating throughout the United States.

"Civitas is very excited that our Form I-956 was approved to operate across a four-state region," said Jeff Kiser, Director and Head of EB-5 Investor Relations for Civitas. "This gives us access to large swaths of rural targeted employment areas, or 'TEAs' within the central U.S., allowing Civitas to take advantage of the expected faster processing for rural projects that was outlined in the Reform and Integrity Act (RIA)."

ABOUT CIVITAS CAPITAL GROUP

Civitas Capital Group is a nimble alternative investment manager offering compelling, niche opportunities in U.S. real estate. Civitas exists to create opportunities that enrich our communities, investors, and employees alike.?Driven by relentless creativity, Civitas digs deeper to uncover opportunities that others miss. Follow Civitas Capital Group on LinkedIn. Learn more at civitascapital.com.

SOURCE Civitas Capital Group


These press releases may also interest you

at 04:00
A&W Revenue Royalties Income Fund (the Fund)  today declared a cash distribution of 16.0 cents per trust unit for the period February 1 to February 29, 2024. The distribution will be paid to unitholders of record at the close of business March 15,...

at 04:00
The Plus Group, a new independent group of agencies, has been launched, uniting three award winning agencies - PRM, NaF (NEEDaFIXER), and SPANDY- along with the newest member, THEM AGAIN. This group is set to bring a transformative, holistic approach...

at 04:00
Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Palo Alto Networks, Inc. ("Palo Alto" or "the Company") and certain of its officers....

at 04:00
Affidea Group, Europe's largest provider of advanced diagnostics, multi-speciality polyclinics and Centres of Excellence, announced today that it has entered into a binding agreement to acquire MedEuropa Romania, a renowned cancer care provider....

at 03:28
OKX, a leading Web3 technology company, has issued updates for March 4, 2024. OKX Launches Snap Quest Campaign with 5,000 USDT Reward...

at 03:00
LMS365, the only AI-powered workplace learning, engagement and performance platform built into Microsoft 365 and Teams, is proud to announce its placement as a "Strong Performer" in the 2024 Fosway 9-Gridtm for Learning Systems. This prestigious...



News published on and distributed by: