DALLAS, May 29, 2012 – Civitas Capital Group is pleased to announce that Chief Executive Officer Daniel J. Healy has been elected to the board of directors of the Association to Invest in the USA (IIUSA), effective immediately. Civitas, in a true public-private partnership, operates the City of Dallas Regional Center (CRDC) with the City of Dallas.
“Dan brings a great deal of business acumen and integrity to our already outstanding board of directors,” said IIUSA President David Andersson. “As we look to make the regional center pilot program a permanent tool for economic development, the significant initiatives and leadership from Daniel will be greatly welcomed and appreciated by our organization.”
The IIUSA is not-for-profit industry trade association comprised of active EB-5 regional centers and related EB-5 service providers dedicated to industry best practices and regulatory compliance. The organization focuses on educating the public and the government on the benefits of the EB-5 Program and advocating for permanent program authorization. In addition, the board works to advance industry standards and best practices. The EB-5 Program was created by Congress in 1990 as an avenue for qualified international investors to obtain permanent U.S. residency by investing in enterprises that will benefit the economy and create or save at least 10 full-time jobs per investor.
“Enhancing transparency and contributing to the standardization of policies that improve business practices in our industry is vital to securing governmental and investor trust in the EB-5 program and our country’s Regional Centers,” said Healy. “I am passionate about the EB-5 Program and look forward to working to enhance this important economic development tool during my time on the board, including working closely with Congress to make the program permanent.”
As CEO and co-founder of Civitas Capital Group, Healy provides operational management of the firm and leads a team that is responsible for identifying and evaluating investments that meet the EB-5 Program criteria. The CDRC provides an unrivaled level of service and investment expertise and promotes economic growth by investing EB-5 capital in job-creating enterprises throughout the City of Dallas. The CDRC sources and structures investments that meet the permanent residency and capital preservation goals of EB-5 investors.
For investors seeking a more progressive and objective evaluation of the options available, Civitas Capital Group is an independent specialty asset management and financial services firm with operating divisions focused on Alternative Investments, EB-5 Funds, and Wealth Management. Civitas evaluates the truth that lies at the core of every investment. We dig deeper, using a rigorous process to evaluate investment opportunities, both traditional and emerging, from every angle.