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And I have actually been proud to meet them and happy to invite them. Chairman Leahy. Likewise, as my last concern, in several of the testimony this early morning there has been a tip that, of program, just with all the hundreds of billions, trillions of bucks prepared to spend, you must simply go elsewhere.
I can have borrowed fifty percent of that if I had the $12 million in money to set up. Everyone knows that, yes, banks have cash to finance as long as you have got fifty percent of it in your pocket before you ask for the various other fifty percent. That is not how business functions these days.
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You are talking from a real-world experience, not from a think storage tank experience. I will certainly leave that merely as a gratuitous comment from the Chairman. Senator Grassley. Senator Grassley. Thank you. I intend to be accountable in this problem of undocumented employees. I desire to confess that we just have anecdotal info, however I want to ask you to what level you have to go or do go to see to it that the centers ensure that the financial investments do not develop jobs for individuals below illegally.
Mr. Stenger. We have worked with-- as I stated, at the Top we had 550 building and construction employees on our project.
They are composed of 10, 15, 20, 30 staff members. They are from our neighborhood areas. They are Vermonters. They are profiting straight from the financial investment. So we are a hands-on center. I understand the workers, I understand their family members, and we have had the ability to use-- via these last 3 years of awful economic turmoil, we have actually had the ability to utilize nearly every building worker in our county and the bordering regions.
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residents. They reside in the location. Their households exist. They are bought the areas, and they are all U.S. workers. Legislator Grassley. You do not have to utilize e-verify, however I want to recognize whether or not you do. Mr. Stenger. We do. Legislator Grassley. You do.
Thanks. Mr. North, along the same lines of the concern I asked him, has your study shown examples various other-- and I only provided one instance, so I intend to confess that and be liable about it-- of centers employing undocumented people? Mr. North. That kind of data is very difficult to acquire from USCIS, and I have to say that what we do learn about a lot of the internal things regarding that firm as for this program is worried connects to cases in which the team has stated no to an application of some kind and after that the local facility or the specific business owner has actually mosted likely to the Administrative Appeals Office-- which is component of the agency-- useful link and there we get documents, we get a hearing officer telling us what is going on because certain case.
This is a bad application." So there is an amount of negative applications around, however only once that procedure gets before an administrative legislation judge do we see much in the method of detail. Currently, there was one instance that you stated, and allow me just elaborate on that particular a bit.
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Do not take as well long because I want to explanation ask an additional pair inquiries. However go in advance and promptly finish. Mr. North. The milk farm had actually asserted 17 workers, and they entered into it, and the judge found that 16 of them were illegals. Now, that is the one example I have, and it is a fine example.
Okay. I am going to ask different inquiries of each of the 3 of you, but it handles this issue. As I claimed in my opening declaration, I am concerned regarding the potential loophole that permits investors to withdraw their financial investment in local centers after receiving their copyright.
Divine, are you familiar with any type of instances in which a financier took out the investment and walked away right away after getting a copyright? And if you are, or if you assume it is an issue, do you think that it is a loophole that should be shut? Mr. Divine. I would say that many of the financiers, if you asked them what are their objectives, they would certainly claim, "I desire to get a permit, and I intend to keep it.
Senator, legislator.