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| The “Anacostia Regional Center” (ARC) was designated is by the Department of Homeland Security, Citizenship and Immigration Services (USCIS) to accept applications for investments from foreign nationals seeking an EB-5 designated Visa Status. This designation was granted to the Anacostia Holding Company, Inc. (AHC) a wholly owned subsidiary of the Anacostia Economic Development Corporation (AEDC) for a targeted investment program within a specifically defined geographic region. The ARC defined areas are Wards 7 & 8 in Washington, DC.
• No requirement to be directly involved in day to day management • Allows for direct and indirect job-creation • No sponsor is required • Sources of funds can come from any lawful activity including gifts and inheritances • Investors can live anywhere in the country and not be tied down to managing the investment. 5,000 EB-5 Visas designated for Regional Centers
Anacostia Regional Center’s Mission
To invest in a range of diversified inner-city businesses in Wards 7 and 8 who are in need of capital to expand operations and sales, and thereby create new jobs in the Region. Investments The Fund’s investments are diversified and include businesses with high job-creation multipliers, and sound business plans. • Building and facilities services • Warehousing and storage • Fitness and recreational sports centers • Home healthcare services • Dry cleaning and laundry • Retail operations • Car washes • Day care centers • Courier and messenger services What is the Anacostia Regional Center’s Target Economic Area (TEA)? The TEA designated for the Anacostia Regional Center is Wards 7 and 8 within the District of Columbia. How much investment capital will the Anacostia Regional Center seek to raise through this Pilot Program? The Anacostia Regional Center (ARC) is preparing to launch an investment fund of $10,000,000 for investment in its designated area. This amount represents a maximum of 20 immigrant investors. Based on this initial success, ARC would incrementally grow its fund to $50,000,000 annually. The Fund markets efforts to the Foreign Investors through: • USA Advisors through their World Seminar Program • Regional Center Directory • Web Page Publishing • Immigration Attorneys in the United States and abroad • Giving or hosting seminars in the US and abroad • Public and Media Relations • International Chambers of Commerce • US commercial attaches at US Embassies and Consulates abroad Potential impact of the Anacostia Regional Center’s Pilot Program for residents of the District of Columbia The Anacostia Regional Center has the potential to raise millions of dollars of capital for use in Wards 7 & 8. This level of new equity capital would enable the following actions to take place: • Significantly reduce the level of unemployment in Wards 7 & 8 • Leverage additional funds through traditional lending sources once investment capital is in place; • Increase the corporate tax base by having businesses relocate into Wards 7 or 8 from areas outside the city; and • Increase the real estate tax base by converting currently abandoned sites to productive locations for businesses. The success of the ARC program will be determined by the quality of the business opportunities and real estate developments presented to the foreign investors for their participation. For more detailed information about this program, visit www.anacostiaregionalcenter.com |
The Advantages for foreign investors to apply for their EB-5 Visa status through the ARC are: