{"id":5680,"date":"2024-08-21T08:54:00","date_gmt":"2024-08-21T08:54:00","guid":{"rendered":"\/?p=5680"},"modified":"2024-09-20T13:54:54","modified_gmt":"2024-09-20T13:54:54","slug":"uscis-gives-i-956f-approval-for-cmb-regional-centers-southern-california-project","status":"publish","type":"post","link":"\/uscis-gives-i-956f-approval-for-cmb-regional-centers-southern-california-project\/","title":{"rendered":"USCIS Gives I-956F Approval for CMB Regional Centers Southern California Project"},"content":{"rendered":"\n

DALLAS, Aug. 21, 2024 \u2013 CMB Regional Centers (CMB)<\/a>, one of the most experienced regional center operators in the EB-5 industry, today announced that its Group 86 – Gable House Apartments project has received Form I-956F approval from the United States Citizenship and Immigration Services (USCIS). A limited number of units remain available for subscription in this I-956F approved CMB EB-5 partnership.  <\/a><\/p>\n\n\n\n

\u201cWe are thrilled to see yet another of our high unemployment (TEA) projects approved by the USCIS in less than 5 months, surpassing the processing time we have observed for even the rural category,\u201d said Garrett Connors, Vice President of Investor Relations at CMB. \u201cWith only a limited number of EB-5 investment units still available for this project, the I-956F approval marks a significant step forward for the development and a major milestone for our investors\u2019 United States immigration pursuits.\u201d<\/p>\n\n\n\n

As one of the first major multi-family projects in Torrance, California, in approximately 50 years, the Hillwood Gable House Apartments project encompasses the development and construction of a 218-unit, mixed-use complex. Featuring a sky deck, pool lounge, social club, and other best-in-class amenities, the development will be located in the city\u2019s urban core of the Del Amo Business District.<\/p>\n\n\n\n

The milestone for the Group 86 CMB EB-5 partnership means investor\u2019s I-526E petitions could be immediately adjudicated by the USCIS since the I-956F has been approved.  The approval marks the eighth CMB EB-5 partnership to achieve an I-956F approval under the EB-5 Reform and Integrity Act of 2022 (RIA). Previously approved partnerships include:<\/p>\n\n\n\n