US Senator Gallego proposes a bill to tap EB-5 investments into affordable housing

In an effort to tackle the growing housing shortage across the United States (US), Senator Ruben Gallego has introduced the Building Housing for the American Dream Act — legislation aimed at redirecting funds from foreign investors under the EB-5 Immigrant Investor Program toward the creation, preservation, and rehabilitation of affordable housing. This bill finds support from the American Immigrant Investor Alliance (AIIA), which has worked closely on this initiative.The EB-5 programme of