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 Annual Certificati Annual Certification of Regional Center	Form	Modified	Available
Form I-924 Application for Regional Center Designation Under the Immigrant Investor Program	Form	Modified	Available
I-924-I924A Supporting Statement (7-1-2020).docx	Supporting Statement A	Uploaded 2020-07-01	Available
I924A-INS-TOC-Rev-30Day-10212019.docx	Supplementary Document	Uploaded 2019-10-24	Available
I924A-FRM-TOC-Rev-30Day-10212019.docx	Supplementary Document	Uploaded 2019-10-24	Available
I924-INS-TOC-Rev-30Day-10212019.docx	Supplementary Document	Uploaded 2019-10-24	Available
I924-FRM-TOC-Rev-30Day-10212019.docx	Supplementary Document	Uploaded 2019-10-24	Available
SORN - Benefits.pdf	Supplementary Document	Uploaded 2019-10-24	Available
SORN - A-File.pdf	Supplementary Document	Uploaded 2019-10-24	Available
Reference Citation I-924.doc	Supplementary Document	Uploaded 2019-10-24	Available
Published 30-Day FRN (11-27-2018).docx	Supplementary Document	Uploaded 2019-10-24	Available
Published 60-Day FRN 9-13-2018.docx	Supplementary Document	Uploaded 2019-10-24	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
238270	Site Visit - Form I-924/I-924A		New
238269	IC Title: Compliance Review - Form I-924/I-924A		New
203825	Annual Certification of Regional Center	Form	Modified
20364	Application for Regional Center Designation Under the Immigrant Investor Program	Form	Modified

ICR Details

OMB Control No: 1615-0061	ICR Reference No: 201910-1615-008
Status: Historical Active	Previous ICR Reference No: 201907-1615-005
Agency/Subagency: DHS/USCIS	Agency Tracking No: I-924
Title: Application for Regional Center Under the Immigrant Investor Pilot Program
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 07/23/2020
	Date Received in OIRA: 10/31/2019
Terms of Clearance: Approved for 2 years due to partial GPEA compliance.

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2022	36 Months From Approved	07/31/2020
Responses	1,400	0	1,282
Time Burden (Hours)	35,620	0	32,748
Cost Burden (Dollars)	1,452,000	0	1,410,200

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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).

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

Citations for New Statutory Requirements: None

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

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	83 FR 46508	09/13/2018
30-day Notice:	Federal Register Citation:	Citation Date:
	83 FR 60888	11/27/2018
Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 4

table that charts list of burden

IC Title	Form No.	Form Name
Application for Regional Center Designation Under the Immigrant Investor Program	I-924	Application for Regional Center Designation Under the Immigrant Investor Program
Annual Certification of Regional Center	Annual Certification of Regional Center	I-924A
Site Visit - Form I-924/I-924A
IC Title: Compliance Review - Form I-924/I-924A

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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	1,400	1,282	0	118	0	0
Annual Time Burden (Hours)	35,620	32,748	0	2,872	0	0
Annual Cost Burden (Dollars)	1,452,000	1,410,200	0	41,800	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

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

Burden Reduction Due to:

Short Statement: There has been an increase of 2,872 in the total annual burden hours previously reported for this information collection. The increase is a result of updating the time burden calculation for Forms I-924 and I-924 to account for compliance review and site visit activities. For compliance review, the time burden estimate for the 40 I-924/924A respondents who complete the review is 960. The time burden estaimte for the 40 I-924/924A respondents who are evaluated for the site visit is 640. This results in a 1,600 hour increase. Additionally, the estimated number of Form I-924 respondents has increased from 20,400 to 21,420. This results in an increase of 1,020 estimated burden hours. The estimated number of Form I-924A respondents has increased from 12,348 to 12,600. This results in an increase of 252 burden hours. This results in the current report of 2,872 estimated burden hours.

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Annual Cost to Federal Government: $10,205,400

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

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     Yes

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     Yes

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? No

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Common Form ICR:  No

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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: 10/31/2019

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