CanAm Enterprises, LLC Establishes Partnership with Los Angeles County Economic Development Corporation

New York - CanAm Enterprises, LLC, one of the leading sponsors of EB-5 immigrant investment funds, is pleased to announce its newly formed partnership with the Los Angeles County Economic Development Corporation (LAEDC).

LAEDC, LA County’s official economic development agency, was founded in 1981 by the Los Angeles County Board of Supervisors to implement its economic development program through land development, project financing and marketing activities. Throughout its history, LAEDC has been guided by a mission to attract, retain and grow businesses and jobs for the regions of LA County. Having recently celebrated its 30th anniversary, LAEDC plays a vital and unique role as the foremost local organization focused on the overall health and vitality of the Los Angeles regional economy. 

INSERT INFORMATION ABOUT LAEDC AND QUOTE FROM WILLIAM ALLEN

The EB-5 Immigrant Investment Program is administered by the United States Citizenship and Immigration Services (USCIS), a division of the Department of Homeland Security. The program provides opportunities for qualified foreign investors to achieve permanent legal residency in the U.S. by investing a minimum of $500,000 in a USCIS-approved project that will generate at least ten full- time jobs in the United States.

In partnership with the LAEDC, CanAm hopes to identify and fund qualified investment opportunities that meet EB-5 rigorous standards and match them with accredited foreign investors. To date, CanAm has funded nearly $400 million in project loans for major corporations in the County of Los Angeles. “The EB-5 Program is particularly helpful in an economic climate where traditional sources of funding are either too expensive or unavailable,” said Tom Rosenfeld, President and CEO of CanAm. “We feel privileged to have the opportunity to partner with LAEDC. Through this strategic alliance, we hope to stimulate economic development and create needed jobs in the Los Angeles County region.

About CanAm Enterprises, LLC

CanAm Enterprises has 25 years experience in promoting immigration-linked investment funds in the U.S. and Canada. To date, CanAm has financed nearly 40 project loans and raised approximately $1.3 billion in EB-5 immigrant investor funds. CanAm is the exclusive promoter of five Regional Centers under the EB-5 Immigrant Investor Program, which are located in the County of Los Angeles, the City of Philadelphia, the Commonwealth of Pennsylvania, the State of Hawaii and the North Country Region of Plattsburgh, NY. For more information, please visit www.canamenterprises.com.

Contact:

Colin Maynard, Public Relations Director
Los Angeles County Economic Development Corporation
444 S. Flower Street, 37th Floor
Los Angeles, CA 90071
(213) 236-4845/ This email address is being protected from spambots. You need JavaScript enabled to view it.

Felicia Imperatore, Managing Director - Marketing
CanAm Enterprises, LLC
Wall Street Plaza 88 Pine Street – 31st Floor
New York, NY 10005
(212) 668-0697/ This email address is being protected from spambots. You need JavaScript enabled to view it.

No offer to sell any security is made by this website. Offerings will be made pursuant to exemptions from registration requirements set out in applicable securities laws. Prospective investors should take note of the risk factors described therein.