Application for Regional Center Under the Immigrant Investor Pilot Program

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form Form I-924A Supplement to Form I-924	Form	Modified	Available
Form I-924 Application for Regional Center Under the Immigrant Investor Pilot Program (Amendment Filings)	Form	Modified	Repair queued
30-Day Notice.pdf	Supplementary Document	Uploaded 2015-01-27	Available
I-924 Supporting Statement 1-20-15 (Converting Rev to Ext) 1-27-15.doc	Supporting Statement A	Uploaded 2015-01-27	Available
Webpage for I-924 with Document Library Filing Instructions.pdf	Supplementary Document	Uploaded 2015-01-26	Available
60-Day Notice I-924 I-924A Revision 79 FR 63157 10-22-14.pdf	Supplementary Document	Uploaded 2015-01-22	Available
Reference Citation-I-924 11-30-12.doc	Supplementary Document	Uploaded 2015-01-22	Available
SORN BIS.htm	Supplementary Document	Uploaded 2015-01-22	Available
SORN A File 78 FR 69864.htm	Supplementary Document	Uploaded 2015-01-22	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
203825	Supplement to Form I-924	Form	Modified
203824	Application for Regional Center Under the Immigrant Investor Pilot Program (Amendment Filings)	Form	Modified
20364	Application for Regional Center Under the Immigrant Investor Pilot Program (Initial Filings)	Other-Upload Screenshots	Modified

ICR Details

OMB Control No: 1615-0061	ICR Reference No: 201501-1615-003
Status: Historical Active	Previous ICR Reference No: 201312-1615-003
Agency/Subagency: DHS/USCIS	Agency Tracking No: I-924
Title: Application for Regional Center Under the Immigrant Investor Pilot Program
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 03/18/2015
	Date Received in OIRA: 01/28/2015
Terms of Clearance: Approved for one year due to partial GPEA compliance. In order to continue collecting this information beyond the current expiration date, USCIS will engage in further review of public comments on the information collection.

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/2016	36 Months From Approved	03/31/2015
Responses	691	0	470
Time Burden (Hours)	13,580	0	11,696
Cost Burden (Dollars)	852,876	0	0

---

Abstract: The data collected on Form I-924 and Form I-924A is used by U.S. Citizenship and Immigration Services (USCIS) to determine eligibility for an entity to be designated as a regional center, under the Immigrant Investor Pilot Program created by section 610 of Public Law 102-395 (October 6, 1992). A regional center is defined as any economic unit, public or private, engaged in the promotion of economic growth, improved regional productivity, job creation, and increased domestic capital investment. Alien entrepreneurs ("EB-5 alien investors") admitted to the United States under section 203(b)(5) of the Immigration and Nationality Act (INA) may meet the job creation requirements under INA section 203(b)(5)(A)(ii) through the creation of indirect jobs through capital investments made in commercial enterprises that are affiliated with regional centers that are designated for participation in the pilot program. The requirements for obtaining and terminating the regional center designation for participation in the pilot program are in 8 CFR 204.6(m)(3).

---

Authorizing Statute(s): US Code: 8 USC 1153 Name of Law: U.S. Code
  

Citations for New Statutory Requirements: None

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

---

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	79 FR 63157	10/22/2014
30-day Notice:	Federal Register Citation:	Citation Date:
	80 FR 4298	01/27/2015
Did the Agency receive public comments on this ICR? Yes

---

Number of Information Collection (IC) in this ICR: 3

table that charts list of burden

IC Title	Form No.	Form Name
Application for Regional Center Under the Immigrant Investor Pilot Program (Initial Filings)	I-924	Application for Regional Center under the Immigrant Investor Pilot Program
Application for Regional Center Under the Immigrant Investor Pilot Program (Amendment Filings)	I-924	Application for Regional Center under the Immigrant Investor Pilot Program
Supplement to Form I-924	Form I-924A	Supplement

---

ICR Summary of Burden

table that charts list of burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	691	470	0	0	221	0
Annual Time Burden (Hours)	13,580	11,696	0	0	1,884	0
Annual Cost Burden (Dollars)	852,876	0	0	0	852,876	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: There has been an increase of 1,884 annual burden hours previously reported for this information collection. This increase can be attributed to the increase in the total number of respondents for Form I-924 to 691 from 470. The increase in the total number of respondents is based on updated statistical data and the resulting adjustment in agency estimates. There is no change in the information being collected at this time. There is an increase of 852,876 in the estimated total annual cost burden associated with this information collection. This increase is the result of accounting for out-of-pocket costs that respondents may incur.

---

Annual Cost to Federal Government: $1,937,530

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

---

Common Form ICR:  No

---

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 01/28/2015

---