of a targeted employment area shall be $1,000,000. (iii) Program improvement fee Each immigrant investor shall pay, to the Treasury of the United States, a program improvement fee of $50,000 in conjunction with each I–526 petition submitted under this paragraph after the date of the enactment of the Immigrant Investor Program Reform Act . (iv) Adjustment of required capital (I) Automatic adjustment Beginning on October 1, 2022 and every 3 years thereafter, the qualifying investment amounts under clauses (i) and (ii) shall be automatically adjusted based on the cumulative annual percentage change in the unadjusted All Items Consumer Price Index for All Urban Consumers (CPI–U) for the U.S. City Average reported by the Bureau of Labor Statistics compared to such amounts in September 2019. The qualifying investment amount will be rounded down to the nearest $100,000. (II) Notice of adjustment (aa) In general Immediately after each adjustment under subclause (I), the Secretary of Homeland Security shall publish a technical amendment in the Federal Register that includes the amounts set forth in clauses (i) and (ii), as adjusted by subclause (I). (bb) Applicability Any petition for classification of an alien as an immigrant investor under this paragraph that is filed on or after October 1 in the year an automatic adjustment to the minimum qualifying investment amount occurs under subclause (I) shall be subject to such adjusted amount. (E) Regional center program (i) Processing (I) In general In processing petitions under section 204(a)(1)(H) for classification under this paragraph, the Secretary of Homeland Security— (aa) may process petitions in a manner and order established by the Secretary