Application for Regional Center Under the Immigrant Investor Pilot Program

Forms and Documents

Document Name	Status
Form I-924A Supplement to Form I-924 Form	Modified
Form I-924 Application for Regional Center Under the Immigrant Investor Pilot Program (Amendment Filings) Form	Removed
Form I-924 APPLICATION FOR REGIONAL CENTER UNDER THE IMMIGRANT INVESTOR PILOT PROGRAM Form	Modified
1615-0061_2015-1120 I-924 I-924A SuppState_ExtV4_2MAR2016_USICISResp26APR2016.docx Supporting Statement A	2016-04-27
SORN BIS 73 FR 56596 29SEP2008.pdf Supplementary Document	2016-03-02
USCIS-2007-0046-0046_I924 60DayFRNExt_18DEC2015.pdf Supplementary Document	2016-03-01
USCIS_FRDOC_0001-1104_30dayFRNExt_1MAR2016.pdf Supplementary Document	2016-03-01
SORN A File 78 FR 69864 21NOV2013.pdf Supplementary Document	2016-03-01
Reference Citation-I-924 11-30-12.doc Supplementary Document	2015-01-22

IC Document Collections

IC ID	Document Title	Status
203825	Supplement to Form I-924 Form	Modified
203824	Application for Regional Center Under the Immigrant Investor Pilot Program (Amendment Filings) Form	Removed
20364	APPLICATION FOR REGIONAL CENTER UNDER THE IMMIGRANT INVESTOR PILOT PROGRAM Form	Modified

ICR Details

OMB Control No: 1615-0061	ICR Reference No: 201603-1615-001
Status: Historical Active	Previous ICR Reference No: 201501-1615-003
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: 04/27/2016
	Date Received in OIRA: 03/14/2016
Terms of Clearance: Approved for two years due to partial GPEA compliance.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	04/30/2018	36 Months From Approved	04/30/2016
Responses	587	0	691
Time Burden (Hours)	9,420	0	13,580
Cost Burden (Dollars)	255,492	0	852,876

---

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:
	80 FR 79069	12/18/2015
30-day Notice:	Federal Register Citation:	Citation Date:
	81 FR 10647	03/01/2016
Did the Agency receive public comments on this ICR? Yes

---

Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
APPLICATION FOR REGIONAL CENTER UNDER THE IMMIGRANT INVESTOR PILOT PROGRAM	I-924	Application for Regional Center Under the Immigrant Investor Pilot Program
Supplement to Form I-924	I-924A	Supplement to Form I-924
Application for Regional Center Under the Immigrant Investor Pilot Program (Amendment Filings)	I-924	Application for Regional Center under the Immigrant Investor Pilot Program

---

ICR Summary 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	587	691	0	-695	591	0
Annual Time Burden (Hours)	9,420	13,580	0	-9,226	5,066	0
Annual Cost Burden (Dollars)	255,492	852,876	0	-1,325,547	728,163	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 9,226 annual burden hours previously reported for this information collection. The increase in total estimated annual burden is the result of an increase in the total number of respondents based on updated historical receipt data and the resulting adjustment in agency estimates. There is a decrease of $260,120 in the estimated total annual cost burden associated with this information collection. This decrease in cost burden is due to updated historical receipt data and the resulting adjustment in agency estimates.

---

Annual Cost to Federal Government: $2,492,000

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: 03/14/2016

---