Shumlin names commerce, EB-5 leaders

Shumlin names commerce, EB-5 leaders

EB-5 Visa, EB5 Visa, EB-5 Investment

Gov. Peter Shumlin has appointed a new secretary for the Agency of Commerce and Community Development, as well as new oversight for Vermont's EB-5 Regional Center.

Lucy Leriche, currently deputy secretary of the agency, will be promoted when Secretary Pat Moulton steps down next month.

Leriche is a former Democratic state legislator who represented Hardwick from 2005 until 2012. In a statement, Shumlin praised Leriche's "proven track record of working with employers to create jobs in every region of Vermont."

EB-5 Visa, EB5 Visa, EB-5 Investment

Joan Goldstein, commissioner of the Department of Economic Development, will also take the reins at Vermont's EB-5 Regional Center, the program that attracts foreign nationals to invest $500,000 in economic development projects in Vermont. The prior executive director at the EB-5 Regional Center, Gene Fullam, resigned on July 20.

Goldstein said she will initially focus on federal reauthorization of the EB-5 financing program, which expires this fall. EB-5 has been mired in controversy, including allegations of fraud at projects in Vermont's Northeast Kingdom.



  • Vermont

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