Day: September 16, 2024

  • Zoom for Government Platform Expands With Zoom AI Companion, Receives FedRAMP® JAB Authorization

    SAN JOSE, Calif., Sept. 16, 2024 (GLOBE NEWSWIRE) — Today, Zoom announced that The Federal Risk and Authorization Management Program (FedRAMP®) Joint Authorization Board (JAB) authorized Zoom AI Companion as a JAB Moderate system, adding to Zoom for Government’s growing list of authorized products, solidifying the company’s commitment to the U.S. government space. Most recently, Zoom Contact Center also received FedRAMP® JAB certification as part of the Zoom for Government platform, in June of 2024.

    Now, U.S. federal agencies, state and local municipalities, and approved businesses and organizations that support U.S. government missions with paid Zoom accounts will have a FedRAMP-authorized, secure AI offering available to them, all within the familiar Zoom experience. Zoom for Government was initially FedRAMP authorized in March of 2019 and received collective JAB approval in July of 2023.

    Zoom AI Companion is built on a foundation of trust, security, and responsible AI, which is of the utmost importance to government agencies. AI Companion integrates into the work day seamlessly, enabling users to simplify their day by streamlining tasks through information synthesis, enhancing and optimizing capabilities, and improving team effectiveness and efficiency.

    “At Zoom, we are dedicated to bringing quick availability to Zoom products to market by first and foremost understanding our customers’ needs for specific industry solutions,” said Matt Mandrgoc, head of U.S. public sector at Zoom. “We received this certification on an expeditious timeframe, which further demonstrates our continued commitment to our U.S. government customers and we look forward to continuing to add new customer-focused solutions to the Zoom for Government platform in the future.”

    What is FedRAMP?
    The Federal Risk and Authorization Management Program (FedRAMP®) provides a standardized approach to security authorizations for Cloud Service Offerings. FedRAMP establishes a public-private partnership to promote innovation and advance more secure information technologies.

    What is JAB?
    JAB is composed of CIOs and Authorizing Officials from the Department of Defense (DOD), Department of Homeland Security (DHS), and General Services Administration (GSA). The JAB selects approximately 12 cloud products a year to work with for a JAB Provisional Authority to Operate (P-ATO). A JAB P-ATO represents a “high water mark” from the assessment perspective. Zoom for Government received its JAB accreditation on July 28, 2023.

    Zoom for Government
    The JAB P-ATO certification extends beyond Zoom AI Companion and covers the entire Zoom for Government platform, providing limitless human connection for government agencies and contractors. The secure all-in-one Zoom for Government platform helps customers save time, reduce costs, increase productivity, and make teamwork more meaningful. With solutions like Zoom Rooms, organizations can turn offices into modern, easy-to-use, and powerful collaborative workspaces. The Zoom API enables the integration of agency-specific applications with the Zoom for Government platform, supporting seamless workflows. And, with Zoom’s feature-rich cloud Zoom Phone system, agencies have the opportunity to consolidate their communications infrastructure right in the Zoom for Government platform.

    Currently, FedRAMP JAB-authorized Zoom for Government products include:

    • Zoom AI Companion
    • Zoom Contact Center
    • Zoom Meetings
    • Zoom Phone
    • Zoom Team Chat
    • Zoom Rooms
    • Zoom Room Connector
    • Zoom API
    • Zoom Whiteboard
    • Zoom Events
    • Zoom Notes
    • Zoom Workspace Reservations
    • Zoom Mesh
    • Zoom SDKs
    • Zoom App Marketplace
    • Zoom Client

    Coming soon to Zoom for Government:

    • Zoom Node
    • Zoom Clips

    Simple, Scalable & Secure
    Zoom for Government was designed to comply with the stringent requirements of the U.S. federal government. Zoom for Government runs on AWS GovCloud, a secure network that enables customers to deploy applications and data. It is managed by U.S. persons and leverages co-located data centers within the United States. Zoom for Government has received FedRAMP Moderate, DoD IL4, and StateRAMP authorizations, as well as HIPAA and CJIS attestations. For more information, please visit: https://www.zoom.com/en/industry/government/ or reach out to fedramp@zoom.us.

    About Zoom
    Zoom’s mission is to provide one platform that delivers limitless human connection. Reimagine teamwork with Zoom Workplace — Zoom’s open collaboration platform with AI Companion empowers teams to be more productive. Together with Zoom Workplace, Zoom’s Business Services for sales, marketing, and customer care teams, including Zoom Contact Center, strengthen customer relationships throughout the customer lifecycle. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Get more information at zoom.com.

    Contact
    Zoom PR
    press@zoom.us

    GlobeNewswire Distribution ID 9231404

  • Zoom for Government Platform Expands With Zoom AI Companion, Receives FedRAMP® JAB Authorization

    SAN JOSE, Calif., Sept. 16, 2024 (GLOBE NEWSWIRE) — Today, Zoom announced that The Federal Risk and Authorization Management Program (FedRAMP®) Joint Authorization Board (JAB) authorized Zoom AI Companion as a JAB Moderate system, adding to Zoom for Government’s growing list of authorized products, solidifying the company’s commitment to the U.S. government space. Most recently, Zoom Contact Center also received FedRAMP® JAB certification as part of the Zoom for Government platform, in June of 2024.

    Now, U.S. federal agencies, state and local municipalities, and approved businesses and organizations that support U.S. government missions with paid Zoom accounts will have a FedRAMP-authorized, secure AI offering available to them, all within the familiar Zoom experience. Zoom for Government was initially FedRAMP authorized in March of 2019 and received collective JAB approval in July of 2023.

    Zoom AI Companion is built on a foundation of trust, security, and responsible AI, which is of the utmost importance to government agencies. AI Companion integrates into the work day seamlessly, enabling users to simplify their day by streamlining tasks through information synthesis, enhancing and optimizing capabilities, and improving team effectiveness and efficiency.

    “At Zoom, we are dedicated to bringing quick availability to Zoom products to market by first and foremost understanding our customers’ needs for specific industry solutions,” said Matt Mandrgoc, head of U.S. public sector at Zoom. “We received this certification on an expeditious timeframe, which further demonstrates our continued commitment to our U.S. government customers and we look forward to continuing to add new customer-focused solutions to the Zoom for Government platform in the future.”

    What is FedRAMP?
    The Federal Risk and Authorization Management Program (FedRAMP®) provides a standardized approach to security authorizations for Cloud Service Offerings. FedRAMP establishes a public-private partnership to promote innovation and advance more secure information technologies.

    What is JAB?
    JAB is composed of CIOs and Authorizing Officials from the Department of Defense (DOD), Department of Homeland Security (DHS), and General Services Administration (GSA). The JAB selects approximately 12 cloud products a year to work with for a JAB Provisional Authority to Operate (P-ATO). A JAB P-ATO represents a “high water mark” from the assessment perspective. Zoom for Government received its JAB accreditation on July 28, 2023.

    Zoom for Government
    The JAB P-ATO certification extends beyond Zoom AI Companion and covers the entire Zoom for Government platform, providing limitless human connection for government agencies and contractors. The secure all-in-one Zoom for Government platform helps customers save time, reduce costs, increase productivity, and make teamwork more meaningful. With solutions like Zoom Rooms, organizations can turn offices into modern, easy-to-use, and powerful collaborative workspaces. The Zoom API enables the integration of agency-specific applications with the Zoom for Government platform, supporting seamless workflows. And, with Zoom’s feature-rich cloud Zoom Phone system, agencies have the opportunity to consolidate their communications infrastructure right in the Zoom for Government platform.

    Currently, FedRAMP JAB-authorized Zoom for Government products include:

    • Zoom AI Companion
    • Zoom Contact Center
    • Zoom Meetings
    • Zoom Phone
    • Zoom Team Chat
    • Zoom Rooms
    • Zoom Room Connector
    • Zoom API
    • Zoom Whiteboard
    • Zoom Events
    • Zoom Notes
    • Zoom Workspace Reservations
    • Zoom Mesh
    • Zoom SDKs
    • Zoom App Marketplace
    • Zoom Client

    Coming soon to Zoom for Government:

    • Zoom Node
    • Zoom Clips

    Simple, Scalable & Secure
    Zoom for Government was designed to comply with the stringent requirements of the U.S. federal government. Zoom for Government runs on AWS GovCloud, a secure network that enables customers to deploy applications and data. It is managed by U.S. persons and leverages co-located data centers within the United States. Zoom for Government has received FedRAMP Moderate, DoD IL4, and StateRAMP authorizations, as well as HIPAA and CJIS attestations. For more information, please visit: https://www.zoom.com/en/industry/government/ or reach out to fedramp@zoom.us.

    About Zoom
    Zoom’s mission is to provide one platform that delivers limitless human connection. Reimagine teamwork with Zoom Workplace — Zoom’s open collaboration platform with AI Companion empowers teams to be more productive. Together with Zoom Workplace, Zoom’s Business Services for sales, marketing, and customer care teams, including Zoom Contact Center, strengthen customer relationships throughout the customer lifecycle. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Get more information at zoom.com.

    Contact
    Zoom PR
    press@zoom.us

    GlobeNewswire Distribution ID 9231404

  • Zoom for Government Platform Expands With Zoom AI Companion, Receives FedRAMP® JAB Authorization

    SAN JOSE, Calif., Sept. 16, 2024 (GLOBE NEWSWIRE) — Today, Zoom announced that The Federal Risk and Authorization Management Program (FedRAMP®) Joint Authorization Board (JAB) authorized Zoom AI Companion as a JAB Moderate system, adding to Zoom for Government’s growing list of authorized products, solidifying the company’s commitment to the U.S. government space. Most recently, Zoom Contact Center also received FedRAMP® JAB certification as part of the Zoom for Government platform, in June of 2024.

    Now, U.S. federal agencies, state and local municipalities, and approved businesses and organizations that support U.S. government missions with paid Zoom accounts will have a FedRAMP-authorized, secure AI offering available to them, all within the familiar Zoom experience. Zoom for Government was initially FedRAMP authorized in March of 2019 and received collective JAB approval in July of 2023.

    Zoom AI Companion is built on a foundation of trust, security, and responsible AI, which is of the utmost importance to government agencies. AI Companion integrates into the work day seamlessly, enabling users to simplify their day by streamlining tasks through information synthesis, enhancing and optimizing capabilities, and improving team effectiveness and efficiency.

    “At Zoom, we are dedicated to bringing quick availability to Zoom products to market by first and foremost understanding our customers’ needs for specific industry solutions,” said Matt Mandrgoc, head of U.S. public sector at Zoom. “We received this certification on an expeditious timeframe, which further demonstrates our continued commitment to our U.S. government customers and we look forward to continuing to add new customer-focused solutions to the Zoom for Government platform in the future.”

    What is FedRAMP?
    The Federal Risk and Authorization Management Program (FedRAMP®) provides a standardized approach to security authorizations for Cloud Service Offerings. FedRAMP establishes a public-private partnership to promote innovation and advance more secure information technologies.

    What is JAB?
    JAB is composed of CIOs and Authorizing Officials from the Department of Defense (DOD), Department of Homeland Security (DHS), and General Services Administration (GSA). The JAB selects approximately 12 cloud products a year to work with for a JAB Provisional Authority to Operate (P-ATO). A JAB P-ATO represents a “high water mark” from the assessment perspective. Zoom for Government received its JAB accreditation on July 28, 2023.

    Zoom for Government
    The JAB P-ATO certification extends beyond Zoom AI Companion and covers the entire Zoom for Government platform, providing limitless human connection for government agencies and contractors. The secure all-in-one Zoom for Government platform helps customers save time, reduce costs, increase productivity, and make teamwork more meaningful. With solutions like Zoom Rooms, organizations can turn offices into modern, easy-to-use, and powerful collaborative workspaces. The Zoom API enables the integration of agency-specific applications with the Zoom for Government platform, supporting seamless workflows. And, with Zoom’s feature-rich cloud Zoom Phone system, agencies have the opportunity to consolidate their communications infrastructure right in the Zoom for Government platform.

    Currently, FedRAMP JAB-authorized Zoom for Government products include:

    • Zoom AI Companion
    • Zoom Contact Center
    • Zoom Meetings
    • Zoom Phone
    • Zoom Team Chat
    • Zoom Rooms
    • Zoom Room Connector
    • Zoom API
    • Zoom Whiteboard
    • Zoom Events
    • Zoom Notes
    • Zoom Workspace Reservations
    • Zoom Mesh
    • Zoom SDKs
    • Zoom App Marketplace
    • Zoom Client

    Coming soon to Zoom for Government:

    • Zoom Node
    • Zoom Clips

    Simple, Scalable & Secure
    Zoom for Government was designed to comply with the stringent requirements of the U.S. federal government. Zoom for Government runs on AWS GovCloud, a secure network that enables customers to deploy applications and data. It is managed by U.S. persons and leverages co-located data centers within the United States. Zoom for Government has received FedRAMP Moderate, DoD IL4, and StateRAMP authorizations, as well as HIPAA and CJIS attestations. For more information, please visit: https://www.zoom.com/en/industry/government/ or reach out to fedramp@zoom.us.

    About Zoom
    Zoom’s mission is to provide one platform that delivers limitless human connection. Reimagine teamwork with Zoom Workplace — Zoom’s open collaboration platform with AI Companion empowers teams to be more productive. Together with Zoom Workplace, Zoom’s Business Services for sales, marketing, and customer care teams, including Zoom Contact Center, strengthen customer relationships throughout the customer lifecycle. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Get more information at zoom.com.

    Contact
    Zoom PR
    press@zoom.us

    GlobeNewswire Distribution ID 9231404

  • Zoom for Government Platform Expands With Zoom AI Companion, Receives FedRAMP® JAB Authorization

    SAN JOSE, Calif., Sept. 16, 2024 (GLOBE NEWSWIRE) — Today, Zoom announced that The Federal Risk and Authorization Management Program (FedRAMP®) Joint Authorization Board (JAB) authorized Zoom AI Companion as a JAB Moderate system, adding to Zoom for Government’s growing list of authorized products, solidifying the company’s commitment to the U.S. government space. Most recently, Zoom Contact Center also received FedRAMP® JAB certification as part of the Zoom for Government platform, in June of 2024.

    Now, U.S. federal agencies, state and local municipalities, and approved businesses and organizations that support U.S. government missions with paid Zoom accounts will have a FedRAMP-authorized, secure AI offering available to them, all within the familiar Zoom experience. Zoom for Government was initially FedRAMP authorized in March of 2019 and received collective JAB approval in July of 2023.

    Zoom AI Companion is built on a foundation of trust, security, and responsible AI, which is of the utmost importance to government agencies. AI Companion integrates into the work day seamlessly, enabling users to simplify their day by streamlining tasks through information synthesis, enhancing and optimizing capabilities, and improving team effectiveness and efficiency.

    “At Zoom, we are dedicated to bringing quick availability to Zoom products to market by first and foremost understanding our customers’ needs for specific industry solutions,” said Matt Mandrgoc, head of U.S. public sector at Zoom. “We received this certification on an expeditious timeframe, which further demonstrates our continued commitment to our U.S. government customers and we look forward to continuing to add new customer-focused solutions to the Zoom for Government platform in the future.”

    What is FedRAMP?
    The Federal Risk and Authorization Management Program (FedRAMP®) provides a standardized approach to security authorizations for Cloud Service Offerings. FedRAMP establishes a public-private partnership to promote innovation and advance more secure information technologies.

    What is JAB?
    JAB is composed of CIOs and Authorizing Officials from the Department of Defense (DOD), Department of Homeland Security (DHS), and General Services Administration (GSA). The JAB selects approximately 12 cloud products a year to work with for a JAB Provisional Authority to Operate (P-ATO). A JAB P-ATO represents a “high water mark” from the assessment perspective. Zoom for Government received its JAB accreditation on July 28, 2023.

    Zoom for Government
    The JAB P-ATO certification extends beyond Zoom AI Companion and covers the entire Zoom for Government platform, providing limitless human connection for government agencies and contractors. The secure all-in-one Zoom for Government platform helps customers save time, reduce costs, increase productivity, and make teamwork more meaningful. With solutions like Zoom Rooms, organizations can turn offices into modern, easy-to-use, and powerful collaborative workspaces. The Zoom API enables the integration of agency-specific applications with the Zoom for Government platform, supporting seamless workflows. And, with Zoom’s feature-rich cloud Zoom Phone system, agencies have the opportunity to consolidate their communications infrastructure right in the Zoom for Government platform.

    Currently, FedRAMP JAB-authorized Zoom for Government products include:

    • Zoom AI Companion
    • Zoom Contact Center
    • Zoom Meetings
    • Zoom Phone
    • Zoom Team Chat
    • Zoom Rooms
    • Zoom Room Connector
    • Zoom API
    • Zoom Whiteboard
    • Zoom Events
    • Zoom Notes
    • Zoom Workspace Reservations
    • Zoom Mesh
    • Zoom SDKs
    • Zoom App Marketplace
    • Zoom Client

    Coming soon to Zoom for Government:

    • Zoom Node
    • Zoom Clips

    Simple, Scalable & Secure
    Zoom for Government was designed to comply with the stringent requirements of the U.S. federal government. Zoom for Government runs on AWS GovCloud, a secure network that enables customers to deploy applications and data. It is managed by U.S. persons and leverages co-located data centers within the United States. Zoom for Government has received FedRAMP Moderate, DoD IL4, and StateRAMP authorizations, as well as HIPAA and CJIS attestations. For more information, please visit: https://www.zoom.com/en/industry/government/ or reach out to fedramp@zoom.us.

    About Zoom
    Zoom’s mission is to provide one platform that delivers limitless human connection. Reimagine teamwork with Zoom Workplace — Zoom’s open collaboration platform with AI Companion empowers teams to be more productive. Together with Zoom Workplace, Zoom’s Business Services for sales, marketing, and customer care teams, including Zoom Contact Center, strengthen customer relationships throughout the customer lifecycle. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Get more information at zoom.com.

    Contact
    Zoom PR
    press@zoom.us

    GlobeNewswire Distribution ID 9231404

  • EB5 Capital Investor Obtains First Permanent Green Card Approval in 1900 Half Street (JF24) Project

    WASHINGTON, Sept. 16, 2024 (GLOBE NEWSWIRE) — EB5 Capital is happy to report the first I-829 petition approval in its 1900 Half Street (JF24) project, a multifamily development in Washington, DC. The United States Citizenship and Immigration Services (USCIS) issues approval of the removal of conditions of residency for EB-5 investors who have completed their conditional residency period and have demonstrated that their investment has resulted in the creation of at least ten full-time jobs for qualified workers. I-829 approvals permit EB-5 investors to be lawful permanent residents of the United States.

    “We’re thrilled for all the EB-5 investors involved in this project,” said Natalia Pronina, Vice President of Investor Relations at EB5 Capital. “Securing an I-829 approval is a major milestone in the EB-5 immigration process and is a true testament to a Regional Center’s experience in selecting opportunities for investors that satisfy the EB-5 program.”

    Situated directly on the riverfront, JF24 was one of the first multifamily developments in Washington, DC’s Buzzard Point neighborhood. The property consists of 453 luxury apartment units, with 17,000 square feet of commercial retail space. EB5 Capital funded $44.5 million from investors representing 16 different countries. The project was completed in 2020 and generated over 1,100 EB-5 qualifying jobs for the local economy.

    To date, EB5 Capital has raised foreign investor funds across over 40 EB-5 projects throughout the United States, including 18 in Washington, DC. JF24 is EB5 Capital’s 18th project to receive I-829 approval. Now that the first petitions have been approved, additional I-829 petition adjudications for this project are expected in the coming months.

    About EB5 Capital

    EB5 Capital provides qualified foreign investors with opportunities to invest in job-creating commercial real estate projects under the United States Immigrant Investor Program (EB-5 Visa Program). Headquartered in Washington, DC, EB5 Capital’s distinguished track record and leadership in the industry has attracted investors from over 75 countries. As one of the oldest and most active Regional Center operators in the country, the firm has raised over $1 billion of foreign capital across approximately 40 EB-5 projects. 100% of our investors’ funds are protected by the Federal Deposit Insurance Corporation (FDIC) insurance prior to their deployment into our projects. Please visit www.eb5capital.com for more information.  

    Contact:
    Katherine Willis
    Director, Marketing & Communications
    media@eb5capital.com

    GlobeNewswire Distribution ID 9231399

  • EB5 Capital Investor Obtains First Permanent Green Card Approval in 1900 Half Street (JF24) Project

    WASHINGTON, Sept. 16, 2024 (GLOBE NEWSWIRE) — EB5 Capital is happy to report the first I-829 petition approval in its 1900 Half Street (JF24) project, a multifamily development in Washington, DC. The United States Citizenship and Immigration Services (USCIS) issues approval of the removal of conditions of residency for EB-5 investors who have completed their conditional residency period and have demonstrated that their investment has resulted in the creation of at least ten full-time jobs for qualified workers. I-829 approvals permit EB-5 investors to be lawful permanent residents of the United States.

    “We’re thrilled for all the EB-5 investors involved in this project,” said Natalia Pronina, Vice President of Investor Relations at EB5 Capital. “Securing an I-829 approval is a major milestone in the EB-5 immigration process and is a true testament to a Regional Center’s experience in selecting opportunities for investors that satisfy the EB-5 program.”

    Situated directly on the riverfront, JF24 was one of the first multifamily developments in Washington, DC’s Buzzard Point neighborhood. The property consists of 453 luxury apartment units, with 17,000 square feet of commercial retail space. EB5 Capital funded $44.5 million from investors representing 16 different countries. The project was completed in 2020 and generated over 1,100 EB-5 qualifying jobs for the local economy.

    To date, EB5 Capital has raised foreign investor funds across over 40 EB-5 projects throughout the United States, including 18 in Washington, DC. JF24 is EB5 Capital’s 18th project to receive I-829 approval. Now that the first petitions have been approved, additional I-829 petition adjudications for this project are expected in the coming months.

    About EB5 Capital

    EB5 Capital provides qualified foreign investors with opportunities to invest in job-creating commercial real estate projects under the United States Immigrant Investor Program (EB-5 Visa Program). Headquartered in Washington, DC, EB5 Capital’s distinguished track record and leadership in the industry has attracted investors from over 75 countries. As one of the oldest and most active Regional Center operators in the country, the firm has raised over $1 billion of foreign capital across approximately 40 EB-5 projects. 100% of our investors’ funds are protected by the Federal Deposit Insurance Corporation (FDIC) insurance prior to their deployment into our projects. Please visit www.eb5capital.com for more information.  

    Contact:
    Katherine Willis
    Director, Marketing & Communications
    media@eb5capital.com

    GlobeNewswire Distribution ID 9231399

  • EB5 Capital Investor Obtains First Permanent Green Card Approval in 1900 Half Street (JF24) Project

    WASHINGTON, Sept. 16, 2024 (GLOBE NEWSWIRE) — EB5 Capital is happy to report the first I-829 petition approval in its 1900 Half Street (JF24) project, a multifamily development in Washington, DC. The United States Citizenship and Immigration Services (USCIS) issues approval of the removal of conditions of residency for EB-5 investors who have completed their conditional residency period and have demonstrated that their investment has resulted in the creation of at least ten full-time jobs for qualified workers. I-829 approvals permit EB-5 investors to be lawful permanent residents of the United States.

    “We’re thrilled for all the EB-5 investors involved in this project,” said Natalia Pronina, Vice President of Investor Relations at EB5 Capital. “Securing an I-829 approval is a major milestone in the EB-5 immigration process and is a true testament to a Regional Center’s experience in selecting opportunities for investors that satisfy the EB-5 program.”

    Situated directly on the riverfront, JF24 was one of the first multifamily developments in Washington, DC’s Buzzard Point neighborhood. The property consists of 453 luxury apartment units, with 17,000 square feet of commercial retail space. EB5 Capital funded $44.5 million from investors representing 16 different countries. The project was completed in 2020 and generated over 1,100 EB-5 qualifying jobs for the local economy.

    To date, EB5 Capital has raised foreign investor funds across over 40 EB-5 projects throughout the United States, including 18 in Washington, DC. JF24 is EB5 Capital’s 18th project to receive I-829 approval. Now that the first petitions have been approved, additional I-829 petition adjudications for this project are expected in the coming months.

    About EB5 Capital

    EB5 Capital provides qualified foreign investors with opportunities to invest in job-creating commercial real estate projects under the United States Immigrant Investor Program (EB-5 Visa Program). Headquartered in Washington, DC, EB5 Capital’s distinguished track record and leadership in the industry has attracted investors from over 75 countries. As one of the oldest and most active Regional Center operators in the country, the firm has raised over $1 billion of foreign capital across approximately 40 EB-5 projects. 100% of our investors’ funds are protected by the Federal Deposit Insurance Corporation (FDIC) insurance prior to their deployment into our projects. Please visit www.eb5capital.com for more information.  

    Contact:
    Katherine Willis
    Director, Marketing & Communications
    media@eb5capital.com

    GlobeNewswire Distribution ID 9231399

  • EB5 Capital Investor Obtains First Permanent Green Card Approval in 1900 Half Street (JF24) Project

    WASHINGTON, Sept. 16, 2024 (GLOBE NEWSWIRE) — EB5 Capital is happy to report the first I-829 petition approval in its 1900 Half Street (JF24) project, a multifamily development in Washington, DC. The United States Citizenship and Immigration Services (USCIS) issues approval of the removal of conditions of residency for EB-5 investors who have completed their conditional residency period and have demonstrated that their investment has resulted in the creation of at least ten full-time jobs for qualified workers. I-829 approvals permit EB-5 investors to be lawful permanent residents of the United States.

    “We’re thrilled for all the EB-5 investors involved in this project,” said Natalia Pronina, Vice President of Investor Relations at EB5 Capital. “Securing an I-829 approval is a major milestone in the EB-5 immigration process and is a true testament to a Regional Center’s experience in selecting opportunities for investors that satisfy the EB-5 program.”

    Situated directly on the riverfront, JF24 was one of the first multifamily developments in Washington, DC’s Buzzard Point neighborhood. The property consists of 453 luxury apartment units, with 17,000 square feet of commercial retail space. EB5 Capital funded $44.5 million from investors representing 16 different countries. The project was completed in 2020 and generated over 1,100 EB-5 qualifying jobs for the local economy.

    To date, EB5 Capital has raised foreign investor funds across over 40 EB-5 projects throughout the United States, including 18 in Washington, DC. JF24 is EB5 Capital’s 18th project to receive I-829 approval. Now that the first petitions have been approved, additional I-829 petition adjudications for this project are expected in the coming months.

    About EB5 Capital

    EB5 Capital provides qualified foreign investors with opportunities to invest in job-creating commercial real estate projects under the United States Immigrant Investor Program (EB-5 Visa Program). Headquartered in Washington, DC, EB5 Capital’s distinguished track record and leadership in the industry has attracted investors from over 75 countries. As one of the oldest and most active Regional Center operators in the country, the firm has raised over $1 billion of foreign capital across approximately 40 EB-5 projects. 100% of our investors’ funds are protected by the Federal Deposit Insurance Corporation (FDIC) insurance prior to their deployment into our projects. Please visit www.eb5capital.com for more information.  

    Contact:
    Katherine Willis
    Director, Marketing & Communications
    media@eb5capital.com

    GlobeNewswire Distribution ID 9231399

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