NEW YORK: The two hundred and twenty-sixth entry for the seniors housing Global Award for 2015 has been received.
DC Capital Group, announced the development of SummerPlace at Correll Palms, an assisted living and memory care facility to be located in Titusville, Fla., across the Indian River from the Kennedy Space Center.
The location of SummerPlace at Correll Palms has been identified by the Bureau of Labor Market Statistics as a Targeted Employment Area under the provisions of the EB-5 Investor Visa Program. The EB-5 visa is a federal program launched in 1990 that allows foreign nationals to apply for permanent residency in the U.S. in exchange for investing in a U.S. business. Each investment is required to generate at least 10 jobs. The investment requirement is lowered to $500,000 if the EB-5 project is developed in a Targeted Employment Area (TEA), where unemployment is higher than the average…
