EB-5 reauthorization 2021: hotel industry needs EB-5 more than ever

EB-5 News

Date

Jun 28, 2021

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Jason Buback

Editor

ReauthorizationThe hotel industry needs EB-5 more than ever EB-5 has a history of funding hotel development; after the Great Recession, hotel financing was scarce — and EB-5 came to the rescue. In 2014 and 2015 the program funded hotels and restaurants with an estimated $1.2 billion. The largest hotel associations support EB-5 reauthorization and believe the program is vital for the recovery of both the hospitality industry and the nation. Read the Hotel Business article

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