Projects receiving CiF loans represent $2.4 billion in total investment and created or preserved over 15,000 jobs since CiF was founded in 2009. The financing provided terms and/or additional resources not otherwise available in the market and critical to the success of the projects.
CiF is authorized to finance projects in parts of Ohio, Pennsylvania and Kentucky. That area includes the metropolitan areas of Cleveland, Columbus, Cincinnati and Pittsburgh – with a total population of more than 9.5 million.
CiF has demonstrated commitment to public-private partnerships, with cooperative agreements with port authorities across Ohio and ownership in CiF by a Greater Cleveland Partnership (regional chamber of commerce) affiliate.
All applications that have been processed by the federal government from CiF investors for permanent residency status have been approved and all investors due return of their capital have been repaid – an unprecedented 100% success rate.
CiF is currently in the market with $25 million in new offerings based on executed commitments and is poised to add new offerings of this amount or greater in 2019.
CiF works only with proven, quality developers, but does not have an exclusive relationship with any, ensuring that investors are CiF’s top priority.
CiF has an extensive worldwide fundraising track record including in the largest EB-5 market, most notably in China, where it maintains offices in Beijing and Shanghai.
Has had 440+ I-526 approvals, 200+ I-829 approvals and 11 I-924 approvals through June 30, 2018.