CanAm Enterprises Announces Form I-956F Approval for the Green Hydrogen Plant Infrastructure Expansion Project
New York, NY, January 30, 2025 – CanAm Enterprises (“CanAm”) is pleased to announce that the United States Citizenship and Immigration Services (“USCIS”) has approved the Form I-956F (Application for Approval of an Investment in a Commercial Enterprise) for the Green Hydrogen Plant Infrastructure Expansion Project (the “Project”). The approval was granted on January 14, 2025.
This marks CanAm’s 5th Form I-956F approval for a “High Unemployment” targeted employment area (“TEA”) project since the signing of the EB-5 Reform and Integrity Act (“RIA”) in March 2022. Additionally, CanAm has received approvals for 6 “Rural Area” EB-5 projects under the updated regulations, reaffirming CanAm’s commitment to delivering high-quality, USCIS-compliant investment opportunities.
“We are thrilled for our investors,” said Tom Rosenfeld, CEO and President of CanAm Enterprises. “This Project represents more than just an investment; it’s a step toward a cleaner, more sustainable future. By supporting the development of the green hydrogen economy, our investors are directly contributing to an innovative solution to global carbon emissions. This is a shining example of EB-5 capital making a meaningful difference—helping the environment, creating jobs, and driving innovation in the green energy sector.”
Christine Chen, Chief Operating Officer of CanAm Enterprises, added, “We’re incredibly proud to share this news with our investors. The Green Hydrogen Plant Infrastructure Expansion Project embodies everything we strive for at CanAm—projects that create economic impact, meet stringent USCIS requirements, and align with forward-looking industries. This is an exciting time for EB-5, and CanAm is committed to delivering the quality and transparency that our investors expect and deserve.”
Proven Track Record of Success
Over the past 20 years, CanAm has raised over $3.5 billion in EB-5 capital for more than 70 projects. To date, these investments have led to the repayment of $2.5 billion to investors and the issuance of over 15,000 conditional green cards, along with 8,400 permanent green cards for investors and their families.
About the EB-5 Program
Administered by USCIS, the EB-5 Visa Program provides qualified foreign investors and their family members the opportunity to secure lawful permanent resident status by investing $800,000 in job-creating development projects located in targeted employment areas (“TEAs”). The EB-5 Reform and Integrity Act of 2022 strengthened the program by introducing additional safeguards and requirements for both investors and regional centers, ensuring accountability and enhancing the program’s credibility.
About CanAm Enterprises
With over three decades of experience promoting immigration-linked investments in the United States and Canada, CanAm Enterprises has established itself as a leader in the EB-5 industry. The company has raised over $3.5 billion in EB-5 capital across more than 70 projects and has earned a reputation for credibility and trust. To date, CanAm has successfully repaid over $2.5 billion in EB-5 capital to more than 4,500 investor families. CanAm manages several USCIS-designated regional centers across multiple states, offering investors a trusted partner in navigating the EB-5 process.
Disclaimer
Past performance does not guarantee future results. This document is provided for informational purposes only and is not intended as an offer or solicitation for the purchase or sale of any security or as a recommendation or endorsement of any security.
For further information, please visit www.canamenterprises.com.
