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EB-5 RC Law to Be Extended to March 31, 2017
Congress announced that it will postpone passing a new government funding bill until March 31, 2017,
when the new President will take over. A short-term continuing resolution will soon be passed
that will extend the current government funding until March 31st.
It is anticipated that the EB-5 RC program will be part of the continuing resolution and thus the RC law will also be extended to March 31st.
This announcement comes just three weeks before the December 9th sunset of the EB-5 RC law and the deadline
for continued funding of federal agencies and programs.
The final showdown on any EB-5 reform package will likely come before March 31st 2017
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