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Andy Nguyen, Author at CMB Regional Centers
First Investor Receives I-829 Approval for CMB Retail Development Project

First Investor Receives I-829 Approval for CMB Retail Development Project

 

CMB Regional Centers (CMB), one of the most experienced regional center operators in the EB-5 industry, today announced that United States Citizenship and Immigration Services (USCIS) has approved the first I-829 petition for an investor in the CMB Group 58 – Hillwood Mansfield Retail Development EB-5 project.

Approval of an I-829 petition confirms that the investor has successfully satisfied all EB-5 program requirements, including the creation of qualifying American jobs, allowing the investor and eligible family members to receive permanent resident status in the United States.

“We know how much this step matters to our investors and their families, and it’s why we celebrate each one,” said Noreen Hogan, President at CMB. “Every I-829 approval represents the culmination of a long and complex journey, and seeing our investors reach this point is always a proud moment for our team.”

Developed in partnership with Hillwood Development Company (Hillwood), CMB Group 58 involved the development of a grocery-anchored retail shopping center in North Texas. The project is located in a Targeted Employment Area (TEA) designated as a high-unemployment area and created 261 EB-5 qualified American jobs.

Having collaborated on 45 EB-5 projects, Hillwood and CMB have built one of the strongest lender-borrower relationships in the industry, with more than $600 million in EB-5 capital repaid and 63,000+ American jobs created.

About CMB Regional Centers

CMB has assisted more than 6,900 investor families, from over 100 countries, in their pursuit of immigrating to the United States through the EB-5 Immigrant Investor Program. CMB maintains a 100% project approval rate on all 93 partnerships that have undergone USCIS adjudication. CMB EB-5 partnerships are projected to have created more than 215,000 American jobs.

To date, CMB has repaid over $1.5 billion USD to investors.

For more information, contact CMB at [email protected].

EB-5 Grandfathering: What Investors Should Know

EB-5 Grandfathering: What Investors Should Know

EB-5 Grandfathering: What Investors Should Know

The EB-5 Immigrant Investor Program has provided a pathway to U.S. permanent residency since it was established in 1990. Through qualified investments in American-job-creating projects, investors and their families may obtain green cards while supporting economic development across the United States.

In 2022, Congress enacted the EB-5 Reform and Integrity Act (RIA), introducing significant reforms that include a critical protection for investors called the grandfathering provision.

For investors evaluating timing for pursuing permanent residency through EB-5, understanding this provision is essential.

 

What is the EB-5 Grandfathering Provision?

The RIA authorized the EB-5 Regional Center Program through September 30, 2027, and includes a protection for investors who file their I-526E petitions on or before September 30, 2026.

Investors who file by that date are considered “grandfathered.”

This means:

  • Their petitions remain protected under the current law.
  • USCIS must continue processing their cases, if the program sunsets.
  • Future program lapses do not invalidate their filed petitions.

In practical terms, filing before the September 30, 2026 deadline ensures your petition will not be stopped and will not be denied in the event the program sunsets.

 

Why Grandfathering Matters

Prior to the RIA, the EB-5 Regional Center Program experienced periods where Congress allowed the program to lapse. During these lapses, USCIS paused processing of petitions from investors who were pursuing EB-5 through a Regional Center.

In some instances, petitions sat idle for months. Families were left in limbo, and projects dependent on EB-5 capital faced uncertainty.

The RIA fundamentally changed this risk dynamic.

Now, investors who file by the September 30, 2026 deadline receive statutory protection. Even if the program sunsets, grandfathered petitions must continue to be processed.

For investors weighing whether to move forward or wait, this protection significantly reduces timing risk.

 

Why Timing Matters

While grandfathering provides security against program authorization lapses (or even termination), it does not supersede all strategic considerations.

Immigration programs approaching statutory deadlines may experience increased filing activity. As deadlines draw closer, processing volumes may rise and market dynamics can shift.

Investors evaluating EB-5 should consider:

  • Filing timelines relative to personal immigration goals.
  • Project availability.
  • Potential shifts in market demand as deadlines approach.
  • Legislative climate in Washington that may affect the program’s structure.

 

Who is Covered?

The grandfathering provision applies to:

  • EB-5 investors who file an I-526E petition on or before September 30, 2026.
  • Eligible dependent family members included in that petition.

Once filed before this deadline, those petitions remain protected under the RIA framework.

 

Final Thoughts

The EB-5 program has evolved significantly since it was first established. The Reform and Integrity Act strengthened compliance standards, enhanced program oversight, and introduced durable investor protections like grandfathering.

At CMB Regional Centers, we have guided investors through multiple market cycles and program changes over our more than 29 years working as a regional center operator.

If you are evaluating EB-5 as part of your family’s long-term immigration strategy, we welcome the opportunity to discuss how the grandfathering provision may factor into your decision-making timeline.

 

More EB-5 Resources

CMB Regional Centers Announces 3,200 I-829 Approvals for Investors

CMB Regional Centers Announces 3,200 I-829 Approvals for Investors

CMB Regional Centers (CMB), one of the most experienced regional center operators in the EB-5 industry, today announced that 3,200 CMB investors have officially received approvals of their I-829 petitions, the highest total of I-829 approvals observed by any regional center operator in the industry.

An I-829 approval is issued by United States Citizenship and Immigration Services (USCIS) and confirms that an EB-5 investor has satisfied the program’s requirements, including job creation and investment criteria. Approval signifies the removal of conditions on the individual’s permanent residency status.

“An I-829 approval is the clearest validation of what matters most in EB-5: real-world execution,” said Noreen Hogan, President at CMB.  “It means the jobs were created, the capital was deployed as intended, and the investor successfully achieved permanent residency in the U.S. We’re proud to have supported so many families through this final step.”

The latest milestone for CMB comes on the heels of the firm announcing $1.5 billion in EB-5 capital repaid to investors.

About CMB Regional Centers

CMB has assisted over 6,900 investor families, from over 100 countries, in their pursuit of immigrating to the United States through America’s EB-5 Immigrant Investor visa program. CMB currently maintains a 100% project approval rate on all 93 partnerships that have undergone USCIS adjudication. CMB EB-5 partnerships are projected to have created more than 215,000 American jobs.

To date, CMB has repaid over $1.5 billion USD to investors.

To learn more, contact CMB directly at [email protected].

Group 102 – Park 275 BTS

Group 102 – Park 275 BTS

Group 102 – Park 275 Build-to-Suit

**Artist Rendering**

557

Estimated Jobs from Development & Construction

21.1%

Job Creation Buffer

12.1

Jobs Per Investor

The Group 102 Project

A Build-to-Suit Logistics Facility located within a
Qualified Targeted Employment Area (TEA)

Park 275 Build-to-Suit (BTS)

Undertaken in partnership with a top U.S. developer, CMB Group 102 will support the development and construction of a Class-A distribution facility in the greater Cincinnati, Ohio region. A long-term lease has already been secured for the facility, and the tenant will take occupancy upon completion of construction.

The project is located in a high-unemployment Targeted Employment Area (TEA), qualifying investors for the reduced EB-5 investment threshold.

CMB Group 102 – Investment Highlights

  • EB-5 Units: The partnership will subscribe a total of 46 EB-5 Investors

  • Estimated Job Creation: 557 model derived jobs

  • 12.1 Jobs for EB-5 Investor

  • Project Location: Meets United States Citizenship and Immigration Services (USCIS) requirements for a TEA, making investors eligible for the reduced investment amount.

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    CMB Regional Centers Announces First I-526E Approval for EB-5 Investor

    CMB Regional Centers Announces First I-526E Approval for EB-5 Investor

    CMB Regional Centers (CMB), one of the most experienced regional center operators in the EB-5 industry, today announced the first I-526E approval for an investor in CMB Group 98 – Hillwood Commerce 71, a High-Unemployment Area (HUA) EB-5 project.  

    EB-5 investors who receive approval of their I-526E petition by United States Citizenship and Immigration Services (USCIS) become eligible for conditional permanent residency in the United States. The USCIS evaluates each petition individually and, to date, more than 5,700 investors in CMB projects have secured I-526/I-526E approvals.

    “For investors, each I-526E approval represents real progress for their case and their family,” said Noreen Hogan, President at CMB. “We’re pleased to see the steady pace of USCIS adjudications for investors in our HUA projects.”

    CMB Group 98 involves Hillwood Development Company (Hillwood) leveraging $44 million in EB-5 capital to construct two Class-A industrial logistics facilities, a wastewater treatment facility, along with associated infrastructure improvements in the growing business hub of Columbus, Ohio.

    CMB Group 98 marks the eighth CMB HUA partnership to secure initial I-526E approvals in recent months including:

    CMB and Hillwood have established one of the strongest lender-borrower relationships in the EB-5 industry, collaborating on 45 EB-5 projects and creating more than 63,000 American jobs. The latest collaboration between CMB and Hillwood, CMB Group 101 – Hillwood Venture Build-to-Suit, is currently open for subscription.

     

    About CMB Regional Centers

    CMB has assisted over 6,900 investor families, from over 100 countries, in their pursuit of immigrating to the United States through America’s EB-5 Immigrant Investor visa program. CMB currently maintains a 100% project approval rate on all 93 partnerships that have undergone USCIS adjudication. CMB EB-5 partnerships are projected to have created more than 215,000 American jobs.

    To date, CMB has repaid over $1.5 billion USD to investors.

    To learn more about CMB or CMB Group 101, contact CMB directly at [email protected].

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