Multiple addiction treatment centers (ATCs) for the treatment of patients suffering from mental health and substance use disorders (SUDs)
INVESTMENT AMOUNT: $750,000 — TEA QUALIFIED!
We are launching multiple EB-5 projects that we anticipate will be granted expedited processing by USCIS due to the urgent humanitarian need that our project will be serving: addiction and mental-health treatment. It is no secret that the U.S. is deeply mired in an addiction epidemic made worse by the Covid-19 pandemic.
For EB-5 investors, this means waiting a few months (compared to a few years for non-expedited projects) for USCIS to approve the investor’s I-526 petition, the first key step in the two-part process for earning a conditional green card.
Direct EB-5 investment has no expiration date (unlike regional center investments)
$750,000, which means lower risk for your investment and job creation since the business has more capital to work with.
Project is addiction treatment centers – tremendous demand with limited supply
The Cheat Road Recovery Center is located at 2195 Cheat Road, Morgantown, West Virginia. The outpatient clinic will open Summer of 2022 and will occupy 9,100 square feet in a 14,100 square foot building.
The Mt. Morris Recovery Center is located at 145 School Road, Mt. Morris, Pennsylvania. The building is 14,600 square feet and will be renovated into a short-term (30-day) residential treatment center for approximately 60 guests. Mt. Morris is scheduled to open Fall of 2022.
SOLD OUT - Other Treatment Centers Started by Doug Leech and Steve Smith
The 4-H Camp Road Recovery Center is located at 3313 4-H Camp Road in Morgantown, West Virginia, and involves the acquisition and renovation of a 6,684 square foot building. Additional space will be built to allow the facility to serve 50 guests in the Summer of 2022.
The Charleston Recovery Center is currently a vacant medical office building that will be renovated
to accommodate spaces for individual therapy, group therapy and administrative offices. The address is 4701 MacCorkle Ave. S.E., Charleston, West Virginia.
The kathy ireland®Recovery Center - Laconia is located at 745 Main Street in Laconia, New Hampshire. Laconia opened in September 2021. Please visit www.kathyirelandrecoverylaconia.com.
kathy ireland®Recovery Centers - Laconia - GRAND OPENING
The kathy ireland®Recovery Center - Williamson will be located at 859 Alderson Street, Williamson, West Virginia, on the third floor of the Williamson Memorial Hospital which was established in 1918.
The 15,000 square foot third floor will be renovated to provide space for 10 detoxification beds, 10 female residential beds, and 26 male residential beds. Other renovation work will include constructing group counseling rooms and employee office space, installing controlled access for privacy/safety, and updating the interior design (flooring, walls, and color palette) to create a “homelike” setting for clients.
WHY ADDICTION TREATMENT CENTERS?
Millions suffer from mental health and SUDs – in 2019 over 20 million people in the U.S. suffered from a SUD during the past year. Drug overdose deaths are now the leading cause of death in the U.S. The U.S. government at all levels recognize this as a national crisis. See President Joe Biden’s opioid plan at https://joebiden.com/opioidcrisis. While demand for treatment has skyrocketed, the supply of available services has not kept pace.
Multiple addiction treatment centers (ATCs) to be located across the U.S. with the first two located in Laconia, New Hampshire and Williamson, West Virginia.
Steve Smith of EB5 Coast To Coast (www.eb5coasttocoast.com) and Doug Leech of Ascension Recovery Services (www.ascensionrs.com) have teamed up to address this national crisis by starting a venture that will open multiple addiction treatment centers, starting in Doug’s home state of West Virginia.
The operator of each addiction treatment center (ATC) will be Ascension Recovery Services which is a leading national developer of behavioral health programs and one of the most sought-after Management Services Organizations (MSO) in the operation of ATCs. It has extensive experience developing and managing programs across the country, working with state and federal government, hospitals, and large health care systems; and has helped develop 40 treatment programs in 23 states over the last five years.