EB5 Investors Magazine - Page 9

Users of the new online database will still need to be aware of various limitations with the technology; there will be occasions where the TEA cannot be designated with the interactive data tool. The tool requires that an actual physical address be entered, but many projects, for example, cover a parcel of land that can only be described with boundaries, while other projects may have a new address that has not yet been established or is not recognizable. If users try to circumvent this by inputting an identifiable address within the project census tract, the TEA generated letter in turn would only certify that particular address, and not the actual location for the project. Another limitation is an inherent problem with all address finders—different census tract numbers can show up for the same address, depending on which address finder is used. I have found all too frequently instances where an odd address will default to an even address in a different census tract, and vice versa. I would advise that both users and GO-Biz staff closely review all project addresses that fall near a census tract border, to verify that the address is correctly placed in the proper tract. If the data tool incorrectly identifies the tract location, the resulting TEA letter would be incorrect and could be challenged by USCIS. “…it is always advisable to keep the TEA as compact as possible in terms of both size and shape, to limit any possible concerns about excessive gerrymandering.” In order to optimize the mapping data tool, it should not be simply used in a random or haphazard manner; otherwise, you may not be configuring the best possible TEA. The mapping tool will accept any contiguous connection, so if users search for any qualifying area with 12 or fewer tracts, the results may be an irregularly shaped area or a larger F