What is the Federally Designated Regional Pilot Center Program?
Our servicing affiliate provides many types of investments, including those that meet the requirements for the Regional Pilot Center. Businesses involved in the exporting of goods located in geographic areas approved as regional centers may meet the job creation requirements of the law using “indirect employment” based upon approved methodologies. The federally designated program center was approved by Congress under Section 610(c) of the Appropriations Act of 1993. In order to meet the requirements of the Regional Pilot Center law, investments focus on export businesses that are members of the World Trade Centers located in the United States in New York, New Orleans, Miami and Baltimore.
