CanAm wins USCIS approval for 360 Broadband EB-5 project

CanAm Enterprises said USCIS approved the Form I-956F for its 360 Broadband Rural EB-5 Project, a fiber-to-home network planned for rural Texas. The signoff clears a path for related investor petitions and marks the company’s sixth approved rural broadband project under the EB-5 reform law.

Why it matters: - USCIS approval of the Form I-956F confirms the 360 Broadband Rural EB-5 Project meets Regional Center Program requirements under the EB-5 Reform and Integrity Act of 2022. - The approval is binding for related Form I-526E petitions filed by investors in the partnership. - The project is expected to bring high-speed internet to unserved and underserved rural communities in Fannin County, Texas. - The project is financed with up to $40 million in EB-5 capital.

What happened: - CanAm Enterprises announced that USCIS approved the Form I-956F for the 360 Broadband Rural EB-5 Project. - The approval came in seven months. - The project will build a fiber-to-home broadband network in rural Texas. - The project is CanAm’s sixth rural broadband EB-5 project approved by USCIS and funded.

The details: - The 360 Broadband project targets unserved and underserved rural communities in Fannin County. - The approval adds to CanAm’s portfolio of rural EB-5 projects financed under the RIA. - Tom Rosenfeld, founder, president and CEO of CanAm Enterprises, said the approval reflects the company’s disciplined approach and the project’s alignment with investor immigration goals. - Christine Chen, chief operating officer of CanAm Enterprises, said the project structure and the company’s experience under the RIA supported the approval. - CanAm said it has focused on rural broadband projects across multiple states. - CanAm said it remains committed to transparency and investor support throughout the EB-5 process.

Between the lines: - The quick approval suggests the project cleared a major regulatory hurdle early in the EB-5 process. - CanAm is using rural broadband as a repeatable investment theme within the EB-5 program, which may appeal to investors looking for projects tied to infrastructure and immigration benefits. - The company is signaling continuity between regulatory compliance and investor marketing by emphasizing both structure and outcomes.

What's next: - Investors with related Form I-526E petitions now have an approved project filing behind their applications. - CanAm is likely to continue pushing rural broadband projects in underserved markets under the same EB-5 framework. - The company will seek to move the 360 Broadband project from approval to capital deployment and construction.

The bottom line: - USCIS approval gives CanAm another EB-5 rural broadband win and removes a key regulatory uncertainty for the 360 Broadband project.