Realtors worry about future of EB-5 foreign investment program in Houston

Realtors are worried about the future of a federal program fueling foreign investments in Houston. Congress is debating whether to extend the life of the federal EB-5 program, which allows wealthy foreigners to invest at least $500,000 and create at least 10 jobs in the U.S. in exchange for permanent residency “Green Cards” for themselves and their family members. Proponents of EB-5 argue the program has infused immigrant talent and billions of dollars into cities across the country — including…

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