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An Additional Catalyst for Over-the-Rhine Growth: Immigrant Investor (EB-5) Program

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2015, MCP, University of Cincinnati, Design, Architecture, Art and Planning: Community Planning.
Over-the-Rhine (OTR) is a historic neighborhood connecting downtown and uptown, Cincinnati. It has seen much change in the last 200 years, including cultural and economic growth and decline as well as challenges of densification, poverty, inequality, and gentrification. (Cincy.com) In order to rebuild neighborhood identity, the city has been trying to find effective approaches. One of the most significant efforts is a modern streetcar system. A 3.6-mile circulator route has been under construction since July 2013. However, the city has been struggling with finding ways to pay the operating cost. Within OTR, many projects have been subsidized by federal and state funds like streetcar project, but we all know that those traditional subsidies are not a long-term approach. Therefore, it is time to think an additional source of project funding to catalyze the process. ¬The thesis focuses on one of the most popular immigrant visas, Employment Based Fifth Preference (EB-5). It is a visa created by Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. (U.S. Citizenship and Immigration Services , 2015) In the study, OTR is considered as a hypothetical pilot for stimulating local employment and economic growth by capital and entrepreneurs agglomerated via EB-5 program. A framework of action plan and recommendations are worked out for better promoting and utilizing the EB-5 program.
David Edelman, Ph.D. (Committee Chair)
Danilo Palazzo, Ph.D. (Committee Member)
66 p.

Recommended Citations

Citations

  • Zhang, L. (2015). An Additional Catalyst for Over-the-Rhine Growth: Immigrant Investor (EB-5) Program [Master's thesis, University of Cincinnati]. OhioLINK Electronic Theses and Dissertations Center. http://rave.ohiolink.edu/etdc/view?acc_num=ucin1427981533

    APA Style (7th edition)

  • Zhang, Lu. An Additional Catalyst for Over-the-Rhine Growth: Immigrant Investor (EB-5) Program. 2015. University of Cincinnati, Master's thesis. OhioLINK Electronic Theses and Dissertations Center, http://rave.ohiolink.edu/etdc/view?acc_num=ucin1427981533.

    MLA Style (8th edition)

  • Zhang, Lu. "An Additional Catalyst for Over-the-Rhine Growth: Immigrant Investor (EB-5) Program." Master's thesis, University of Cincinnati, 2015. http://rave.ohiolink.edu/etdc/view?acc_num=ucin1427981533

    Chicago Manual of Style (17th edition)