# In a co-authored op-ed, Professor Jeanne Calderon and Scholar-in-Residence Gary Friedland illustrate the impact of the one-year extension of the EB-5 Regional Center Program

1 Faculty News December 17, 2015 ![Commercial Observer logo](/sites/default/files/styles/246w/public/assets/images/commercialobserver.jpg?itok=nmloUQPk)>

Excerpt from [Commercial Observer](https://commercialobserver.com/2015/12/eb-5-2-0-not-even-1-1-for-now/) -- "Under the extension, the existing rules continue. However, in the interim, lawmakers are contemplating a bill which would address the integrity and other noncontroversial portions of the reforms that were on the table. Whether or not this bill gains traction, the EB-5 negotiation process must resume as early as possible in early 2016 given that the extension will expire in only nine months and passing any major legislation in a presidential election year will pose a major challenge."

[Read more](https://commercialobserver.com/2015/12/eb-5-2-0-not-even-1-1-for-now/)
