National Association of Counties Adopts EB-5 Resolution

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Welton Cadwell, a Commissioner for Lake County, Florida, and vice-president of the National Association of Counties’ Community & Economic Development Steering Committee, submitted a proposal in support of the USCIS EB-5 program at the association’s annual meeting in Charlotte, North Carolina.

According to IIUSA the proposal was passed during the July NACo meeting as a Resolution in Support of Permanent Authorization for the EB-5 Regional Center Program.

Lines 36 through 39 of the adopted resolution state that “NACo promotes EB-5 as an important tool for economic development, public private partnerships, job creation and infrastructure development. NACo also supports EB-5 education at NACo events, coordinated with IIUSA, to educate counties on how the Program can benefit them.”

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