February 9, 2012

Posts Comments

You are here: Home / Blog

Askia Muhammed Aquil – Member of American Community Development Advisory Board

August 4, 2011 By

American Community Development Group Adds Advisor

More Than 20 years of Experience to Help Guide Property Expansion

Tampa, FL, August 3, 2011 –American Community Development Group, Inc. (OTC Pinksheets: ACYD.PK) today is very pleased to announced that it is adding Mr. Askia Muhammed Aquil to its advisory board.

Askia Muhammad Aquil, currently Chief Operating Officer for Community Housing Solutions, Inc., (CHS) has over 22 years experience in executive leadership, management and development of housing programs. Askia served 11 years as Executive Director of St. Petersburg Neighborhood Housing Services, Inc., a national NeighborWorks® affiliate and community housing development organization (CHDO).

In his current capacity with CHS, he is working to develop a more than 100 room project focused on American Service Veterans Recovery and Housing. American Community Development Group is in discussions to utilize a portion of its own $2 million dollar, 12% private placement proceeds to assist in this project, among others. Mr. Aquil is
also instrumental in our recent corporate discussions regarding expansion into other markets and our access to additional nonprofits groups, agencies and grant funding
opportunities.

He previously held the post of Deputy Director of the St. Petersburg Housing Authority where he was employed for 11 years. He gained extensive construction management-
related experience as Assistant Project Engineer for two separate entities that together performed $72 million worth of construction on a City of Tampa project. He has served
on the Board of Directors of numerous organizations including the Pinellas Homeless Coalition, Homeless Leadership Network and WestCare Florida.

Since 2008, American Community Development Group, Inc. (ACYD.PK) is a socially responsible public company that specializes in real estate investment. We create and
sponsor affordable and transitional housing and job creation programs for the nonprofit community and are currently focused on the Florida West Coast. We have positively
affected hundreds of lives including, but not limited to, the people of Florida. Our expansion plans include other regional and national affiliations.

“The Company”, was founded as a real estate investment company in the Tampa Bay, Florida market. We intend to acquire properties at tremendously discounted prices
during the current market down trend. The Company has also received offers to expand its pilot operations to other markets where distressed real estate prices are prevalent.
We then increase shareholder value and revenue by using the properties to house the clients of existing nonprofits groups or other agencies.

According to John Folger, President of American Community Development Group, “We are currently acquiring interests in single and multi-family homes, apartment buildings,
and other high occupancy commercial real estate properties, all while helping members of our community,” he continued. “This approach sits well with both the community
and our shareholders because we work directly with the nonprofit community and government agencies to house their clients. This model keeps our properties fully
occupied.”

For more information please visit our website at
www.AmericanCommunityDevelopmentGroup.com.

About American Community Development Group

American Community Development Group (OTC Pinksheets: ACYD) is a hybrid social business model founded by a group of experienced professional managers
and principals that acquire or fund businesses, act as consultants to the nonprofit community, and purchase real estate and affordable housing properties for the purpose
of housing and employing individuals and families in crisis or challenge. The properties include single and multi family homes, apartments, hotels, and mobile home parks.

Safe Harbor Statement

About Forward-Looking Statements in this press release may be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of
1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend” and similar expressions, as they relate to the company or its management, identify forward-
looking statements. These statements are based on current expectations, estimates and projections about the company’s business based, in part, on assumptions made
by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore,
actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors,
including those described above. In addition, such statements could be affected by risks and uncertainties related to the housing market, capacity to collect revenues,
competition, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date
on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this
release.

CONTACT:

John Folger, President
American Community Development Group, Inc.
Telephone: (727) 277-8196
jfolger@acdginc.com

Filed Under: Advisory Board, press release Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , ,

American Community Development Group Wins Bid on Properties

July 6, 2011 By

American Community Development Group Wins Bid on Properties – Redevelopment Project May Eventually Encompass 2 City Blocks

Tampa, FL, July 5, 2011 –American Community Development Group, Inc. (OTC Pinksheets: ACYD.PK) today announced that it initiates the first stage of a multiple lot redevelopment project designed to restore and beautify a
neighborhood while also substantially increasing client revenue.

The management of the company has focused their efforts on building the housing portfolio and expanding nonprofit relationships to broaden client capacity. This effort will be essential as the company continues to expand beyond the current 14 properties.

Because the redevelopment project will utilize energy efficient and “green” manufactured houses that are hurricane and Katrina qualified, the company feels that the time required for completion will be reduced substantially. Management feels that this coordinated turnkey style effort may become a template for more future projects where warranted.

American Community Development Group, “The Company”, was founded as a real estate investment company in the Tampa Bay, Florida market. We intend to acquire properties at tremendously discounted prices during the current market down trend. The Company has also received offers to expand its pilot operations in other markets where distressed real estate prices are prevalent. We then increase shareholder value and revenue by using the properties to house the clients of existing nonprofits groups or other agencies.

A typical 3 bedroom property generates over $30,000 annually in gross revenues because of the extremely high demand for transitional housing. This compares to an average rental income of about $12,000 for a similar property with a traditional tenant.

According to John Folger, President of American Community Development Group, “We are currently acquiring interests in single and multi-family homes, affordable housing, and other high occupancy commercial real estate properties, all while helping members of our community,” he continued. “This approach sits well with both the community and our shareholders because we work directly with the nonprofit community to house their
clients. This model keeps our properties fully occupied.”

For more information please visit our website at www.AmericanCommunityDevelopmentGroup.com.

About American Community Development Group

American Community Development Group (OTC Pinksheets: ACYD) is a hybrid social business model founded by a group of experienced professional managers and principals that acquire or fund businesses, consult with the nonprofit community, and purchase real estate and affordable housing properties for the purpose of housing and employing individuals and families in crisis or challenge. The properties include single
and multi family homes, apartments, hotels, and mobile home parks.

Safe Harbor Statement

About Forward-Looking Statements in this press release may be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend” and similar expressions, as they relate to the company or its management, identify forward- looking statements. These statements are based on current expectations, estimates and projections about the company’s business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore,
actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above. In addition, such statements could be affected by risks and uncertainties related to the housing market, capacity to collect revenues, competition, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

CONTACT:

John Folger, President
American Community Development Group, Inc.
Telephone: (727) 277-8196
jfolger@acdginc.com

Filed Under: Investor Relations, Press, press release Tagged With: , , , , , , , , , , , , , ,

American Community Development Group, Inc. (OTC Pinksheets: ACYD.PK) today announced that it will update its quarterly financials

July 4, 2011 By

American Community Development Group Inc. Offers Shareholder Update


Tampa, FL, July 2, 2011 –American Community Development Group, Inc. (OTC Pinksheets: ACYD.PK) today announced that it will update its quarterly financials.

The management of the company has focused their efforts on building the housing portfolio and expanding nonprofit relationships to broaden client capacity. This effort will be essential as the company continues to expand beyond the current 14 properties.

The company will also provide current capital structure information to Pinksheets and authorize the transfer agent to confirm our status with any legitimate shareholder inquiry. The company believes that these actions will provide complete transparency regarding its status. The company will continue in its plan to become fully reporting and has no plans for any type of share restructure or reverse splits.

American Community Development Group, “The Company”, was founded as a real estate investment company in the Tampa Bay, Florida market. We intend to acquire properties at tremendously discounted prices during the current market down trend. The Company has also received offers to expand its pilot operations in other markets where distressed real estate prices are prevalent. We then increase shareholder value and revenue by using the properties to house the clients of existing nonprofits groups or other agencies.

A typical 3 bedroom property generates over $30,000 annually in gross revenues because of the extremely high demand for transitional housing. This compares to an average rental income of about $12,000 for a similar property with a traditional tenant.

According to John Folger, President of American Community Development Group, “We are currently acquiring interests in single and multi-family homes, affordable housing, and other high occupancy commercial real estate properties, all while helping members of our community,” he continued. “This approach sits well with both the community and our shareholders because we work directly with the nonprofit community to house their clients. This model keeps our properties fully occupied.”

For more information please visit our website at www.AmericanCommunityDevelopmentGroup.com.

About American Community Development Group

American Community Development Group (OTC Pinksheets: ACYD) is a hybrid social business model founded by a group of experienced professional managers and principals that acquire or fund businesses, consult with the nonprofit community, and purchase real estate and affordable housing properties for the purpose of housing and employing individuals and families in crisis or challenge. The properties include single
and multi family homes, apartments, hotels, and mobile home parks.

Safe Harbor Statement

About Forward-Looking Statements in this press release may be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend” and similar expressions, as they relate to the company or its management, identify forward- looking statements. These statements are based on current expectations, estimates and projections about the company’s business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above. In addition, such statements could be affected by risks and uncertainties related to the housing market, capacity to collect revenues, competition, as well as general industry and market conditions and growth rates and
general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

CONTACT:

John Folger, President
American Community Development Group, Inc.
Telephone: (727) 277-8196
jfolger@acdginc.com

Filed Under: Investor Relations, press release Tagged With: , , , , , , , , , , ,

Consulting With Purpose

April 5, 2011 By

We work with Investors, Business Owners and Principals to devise acquisition, divestiture and ROI strategy. We can advise non profits and for profits on the most efficient and effective growth path

Filed Under: About, Featured-Home, Services Tagged With:

American Community Development Group Secures Bridge Financing

April 5, 2011 By

Now Expects Profitability with Additional Properties

 

[05-April-2011]

 

TAMPA, Fla., April 5, 2011 /PRNewswire/ — American Community Development Group, Inc. (OTC Pinksheets: ACYD) today announced that it has received a bridge financing installment from ACAP Financial Inc., the financial advisory firm of the Company.

About ACAP Financial, Inc.

Located in Salt Lake City, Utah, ACAP provides capital solutions for emerging growth companies. We locate these companies through a network of business consultants, law firms, public accounting firms and referrals from previous clients. Small to medium-sized companies seeking equity capital to execute business plans and expand products or services are evaluated. ACAP targets companies with an experienced management team, existing revenue and potential for obtaining a large market share within their industry. We are especially interested in companies that have a “disruptive industry business plan” that will dramatically change or create a new market niche within an industry.

The Company will use the financing to acquire additional properties and immediately increase projected annual gross revenues to $500k. The Company recently drew $25,000.00 dedicated to specific property transactions which will continually grow the existing property portfolio.

American Community Development Group, “The Company”, was founded as a real estate investment company to acquire properties at advantageous prices during the current market down trend. We then increase shareholder value and revenue by using the properties to house the clients of existing non profits groups or other agencies because of the almost unlimited demand for housing.

“We are excited to work with other groups in expanding our resources” stated John Folger, President of American Community Development Group. “We are currently acquiring interests in multi-family homes, affordable housing, and other high occupancy commercial real estate properties, all while helping members of our community,” he continued. “This approach sits well with both the community and our shareholders.”

A second focus of The Company is to create jobs suitable to these same disadvantaged citizens, further supporting social wellbeing and entrepreneurship. “With the economy’s continued downward trend, American Community Development will invest in, or purchase, businesses that offer ongoing employment,” Mr. Folger added.

For more information please visit our website at www.AmericanCommunityDevelopmentGroup.com.

About American Community Development Group

American Community Development Group (OTC Pinksheets: ACYD) is a hybrid social business model founded by a group of experienced professional managers and principals that acquire or fund businesses, consult with the nonprofit community, and purchase real estate and affordable housing properties for the purpose of housing and employing individuals and families in crisis or challenge. The properties include single and multi family homes, apartments, hotels, and mobile home parks.

Safe Harbor Statement

About Forward-Looking Statements in this press release may be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend” and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company’s business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above. In addition, such statements could be affected by risks and uncertainties related to the housing market, capacity to collect revenues, competition, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

SOURCE American Community Development Group, Inc.

Media Contact: John Folger, President of American Community Development Group, Inc., +1-727-277-8196, or jfolger@acdginc.com

Web Site: http://www.AmericanCommunityDevelopmentGroup.com

Filed Under: press release Tagged With: , , ,

American Community Development Group Adds Additional Housing Units

March 30, 2011 By

The Company Now Expects Profitability with 12 Properties

Tampa, FL, March 30, 2011 –American Community Development Group, Inc. (OTC Pinksheets: ACYD) today has announced that it has concluded an additional property within its wholly owned subsidiary, Housing 350 Corporation. In this particular case, the Company has signed a lease agreement and is in active discussions regarding a purchase of the property. The property has a basic rental of $1000.00 per month
against an expected gross of $2500.00. The function of Housing 350 is to own and manage the growing real estate portfolio.

This real estate portfolio generates substantial revenue because it is dedicated to transitional housing, which can be more profitable that traditional tenant rental housing.

The two major reasons for profitability is that the current housing market is extremely depressed and the company can purchase or lease properties on very advantageous
terms.

The second important reason is that property occupants are charged by the bedroom and in this case there may be as many as 5 paying occupants instead of a single occupant. These occupants are generated by relationships with various nonprofit groups or agencies. Many occupants have some portion of their living and other expenses covered by several government sponsored programs.

American Community Development Group, “The Company”, was founded to offer financial support and management guidance to the nonprofit community; including organizations struggling with economically distressed citizens (including ex-offenders, drug and alcohol rehabilitation clients, single parents and displaced foster children). “We are excited to work with other groups in expanding our resources to benefit the lower-
income and rehabilitated population of the United States,” stated John Folger, President of American Community Development Group. “We are currently acquiring interests in multi-family homes, affordable housing, and other high occupancy commercial real estate properties, all while helping members of our community,” he continued. “This approach sits well with both the community and our shareholders.”

The second focus of The Company is to create jobs suitable to these same disadvantaged citizens, further supporting social wellbeing and entrepreneurship. “With the economy’s continued downward trend, American Community Development will continue to fill the need to help the increasing impoverished population by investment into, or purchase of, businesses that offer ongoing employment,” Mr. Folger added, “We
are very active within the philanthropic community and plan to use our resources to assist the underserved populations.”

For more information please visit our website at www.AmericanCommunityDevelopmentGroup.com.

About American Community Development Group

American Community Development Group (OTC Pinksheets: ACYD) is a hybrid social business model founded by a group of experienced professional managers and principals that acquire or fund businesses, consult with the nonprofit community, and purchase real estate and affordable housing properties for the purpose of housing and employing individuals and families in crisis or challenge. The properties include single
and multi family homes, apartments, hotels, and mobile home parks. The Company intends to control over 1000 units, housing 6000 persons, by the end of 2012.

Safe Harbor Statement

About Forward-Looking Statements in this press release may be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend” and similar expressions, as they relate to the company or its management, identify forward- looking statements. These statements are based on current expectations, estimates and projections about the company’s business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above. In addition, such statements could be affected by risks and uncertainties related to the housing market, capacity to collect revenues, competition, as well as general industry and market conditions and growth rates and
general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

CONTACT:

John Folger, President
American Community Development Group, Inc.
Telephone: (727) 277-8196
jfolger@acdginc.com

Filed Under: press release Tagged With: , , ,

American Community Development Group to Reach Profitability and to Complete Audits for Bulletin Board Application

December 2, 2010 By

American Community Development Group to Reach Profitability and to Complete Audits for Bulletin Board Application

Tampa, FL, December 2, 2010 –American Community Development Group, Inc. (OTC Pinksheets: ACYD.PK) today has announced that it expects to close 6 more properties this month and to reach profitability on cash flow by the first quarter of 2011. Several additional discounted real estate acquisitions that are expected to close by the end of the year will also add shareholder value as the company moves towards audits and Bulletin Board qualification.

West Coast Serenity House, our joint venture partner for affordable housing, offers a terrific model for the continued expansion of the affordable housing efforts. American Community development group (ACYD.PK) plans to increases its growth strategy from 1000 units up to ownership of 5000 housing units by the end of 2012 in order to best take advantage of the current distressed real estate market. This expansion will greatly reflect on the ability of ACYD to offer quality social services and program support to nonprofit partners, foundations and their clients.

American Community Development Group, “The Company”, was founded to offer financial support and management guidance to the nonprofit community. “We are excited to work with other foundations in expanding our resources.” stated John Folger, President of American Community Development Group. “We are currently acquiring interests in multi-family homes, and other high occupancy commercial real estate properties.”

The second focus of The Company is to create jobs and to further its contribution to the economic development of the country, as well as further supporting social well being and entrepreneurship. We intend to follow the successful business model similar to that of Goodwill Industries. “With the economy’s continued downward trend, American Community Development will continue to fill the need to help the increasing population by investment into, or purchase of, businesses that offer ongoing employment,” Mr. Folger added, “We are very active within the philanthropic community and plan to use our business model to generate revenue and profits while assisting the nonprofit community”.

For more information please visit our website at
www.AmericanCommunityDevelopmentGroup.com.

About American Community Development Group

American Community Development Group (OTC Pinksheets: ACYD.PK) is a hybrid social business model founded by a group of experienced professional managers and principals that acquire or fund businesses, consult with the nonprofit community, and purchase real estate and affordable housing properties for the purpose of housing and employing individuals and families. The properties include single and multi family homes, apartments, hotels, and mobile home parks. The Company intends to control over 5000 units by the end of 2012.

Safe Harbor Statement

Except for historic information contained in this release, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company’s actual results in the future to differ materially from forecasted results.
These risks and uncertainties include, among other things, the company’s ability to attract qualified management, raise sufficient capital to execute its business plan, and effectively compete against similar companies.

CONTACT:

John Folger
American Community Development Group, Inc.
Telephone: (727) 522-0829
jfolger@acdginc.com

Filed Under: press release Tagged With: , , , , , , , , , , , , , , , , , , , ,

American Community Development Group Participates In Florida Regional Ex-Offender Re-Entry Summit Conference

October 4, 2010 By

Tampa, FL, October 4, 2010 –American Community Development Group, Inc. (OTC Pinksheets: ACYD) is very pleased to have been invited as a participant among the several hundred attendees from the legal, judicial, law enforcement, agency, social service and program provider communities.

The Summit Conference, which occurred on the 28 and 29th of September, brought together those parties most interested in the reduction of criminal behavior by those returning from incarceration. This is better accomplished by the coordinated use of proven support services designed to restore individuals to productive taxpaying citizenship. According to John Folger, President of ACYD, “the additional benefit to the general population of Florida is the hundreds of millions of dollars in massive cost savings that these measures offer while also significantly reducing the crime rates in
those areas where they are being adopted”.

American Community Development Group, “The Company”, was founded to offer financial support and management guidance to the nonprofit community; including organizations struggling to provide support to economically distressed citizens. “We are excited to work with other groups in expanding our resources to benefit the lower- income and rehabilitated population of the United States,” stated John Folger, President of American Community Development Group. “We are currently acquiring interests in multi-family homes, affordable housing, and other high occupancy commercial real estate properties, all while helping members of our community,” he continued. “This approach sits well with both the community and our shareholders.”

The second focus of The Company is to create jobs suitable to these same disadvantaged citizens, further supporting social well being and entrepreneurship. “With the economy’s continued downward trend, American Community Development will continue to fill the need to help the increasing impoverished population,” Mr. Folger added, “We are very active within the philanthropic community and plan to use our resources to assist the underprivileged population.”

For more information please visit our website at www.AmericanCommunityDevelopmentGroup.com

About American Community Development Group

American Community Development Group (OTC Pinksheets: ACYD) is a hybrid social business model founded by a group of experienced professional managers and principals that acquire or fund businesses, consult with the nonprofit community, and purchase real estate and affordable housing properties for the purpose of housing and employing individuals and families in crisis or challenge. The properties include single and multi family homes, apartments, hotels, and mobile home parks. The Company intends to control over 1000 units, housing 6000 persons, by the end of 2012.

Safe Harbor Statement

Except for historic information contained in this release, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company’s actual results in the future to differ materially from forecasted results.
These risks and uncertainties include, among other things, the company’s ability to attract qualified management, raise sufficient capital to execute its business plan, and effectively compete against similar companies.

CONTACT:

John Folger
American Community Development Group, Inc.
Telephone: (727) 522-0829
jfolger@acdginc.com
Filed Under: press release Tagged With: , , ,

AMERICAN COMMUNITY DEVELOPMENT GROUP, INC EXPANDS DONATION SERVICES TO INCLUDE CARS, TRUCKS AND REAL ESTATE

August 3, 2010 By

AMERICAN COMMUNITY DEVELOPMENT GROUP, INC EXPANDS DONATION SERVICES TO INCLUDE CARS, TRUCKS AND REAL ESTATE

MAX MEDIA GROUP, INC TO OFFER COORDINATION AND COLLECTIONS

FOR IMMEDIATE RELEASE
St. Petersburg, FL – August 3, 2010

American Community Development Group, Inc. (ACYD.PK) announced today that it will launch an advertising and marketing campaign through the hotcharityweb.com and hotautoweb.com websites
designed to raise between $1 and $3 million in annual vehicle and in kind donations to benefit local non- profits and charity organizations. “We expect to add additional charity and fundraising events to increase donations to the causes we support, notably Veterans, Drug and Alcohol rehab groups, Aging out of Foster Care children, and ex offenders,” said John Folger, President and CEO.

Max Media Group, Inc. (Hot Web Properties) is a public company (OTC-MXMI) with various interests across the automotive spectrum. They originate web and radio content for specific automotive markets, and have developed a national capacity to pick up, repair and rehabilitate cars, trucks, boats and RV’s that are donated for charity purposes. Jim Grady, President of Max Media Group, Inc. described the growth of this type of charitable fundraising as “significant, especially when an area company coordinates funding for local charities, so that neighbors really are helping their own neighborhoods.”

American Community Development Group Inc. (ACYD) is a fast track socially responsible commercial real estate investment firm that generates increased profits by purchasing distressed properties to house vast numbers of people in need. The company is growing quickly because its tenants are usually clients of non profits and government agencies, many of which have some government sponsorship. Tenants are veterans, children aging out of foster care, recovering addicted clients and ex offenders coming out of incarceration. This unique niche market offers greater tenant density, which greatly improves cash flow.

The company also purchases businesses, thereby adding additional revenues that employ these extremely dedicated and motivated clients. We believe in the concept of “social entrepreneurship’ as stewards of our investors’ and our own resources while also creating strong economic returns on capital.

ACDG has chosen this growth field because it offers stable growth and a socially conscious application of the talents of its founders. ACDG has signed agreements with non-profits that have been providers of
services and that operate missions for the homeless, ex-offenders, drug and alcohol programs as well as housing facilities for other disadvantaged people in the Tampa Bay, Florida area.

Affordable Housing

“We are acquiring interests in multi-family, affordable housing and other high occupancy commercial real estate properties. We will break new ground as a national provider of these affordable housing services by specializing in residents that have been previously under-served. As a for-profit company, we have the ability to acquire, renovate and manage group housing, primarily apartments and mobile home parks. We will dramatically increase cash flow through greater population density combined with efficient and professional property management.” Folger related.

Job Creation is Profitable Enterprise

The second focus of ACDG is to create jobs appropriate to the same disadvantaged citizens further supporting social entrepreneurship. These jobs will be created in various enterprises that require minimal capital versus their return through profits. The enterprise will be created through acquisition of profitable businesses or the launching of franchise type businesses that meet our employment and profitability criteria.

ACDG is creating multiple non-profit relationships nationally that have an ongoing need for both housing and job creation, and have government assisted agreements to assist in placement of disadvantaged
citizens. ACDG projects 90% occupancy rates can be accomplished over a 90 day period with each new property acquired.

The corporate principals of ACDG are experienced property developers and managers on a national level in residential/commercial real estate. They also have a wealth of experience in emerging growth of public
and private entities, capital markets, and merger/acquisition strategies.

Mission Statement

Rebuilding America, One Life at a Time!

Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product reserves and the company’s ability to replace and expand its holdings.

SOURCE: American Community Development Group, Inc.

Contact: John Folger, President
American Community Development Group, Inc.
www.americancommunitydevelopmentgroup.com
Saint Petersburg, Florida 33714
Telephone: (727) 902-4108
jfolger@acdginc.com

The above news release has been provided by the above company.

Filed Under: press release Tagged With: , , , , , , , ,

AMERICAN COMMUNITY DEVELOPMENT GROUP, INC ANNOUNCES ACQUISITION OF MULTIPLE HOUSING UNITS

July 15, 2010 By


Tampa, FL, July 15, 2010 (Business Wire) American Community Development Group, Inc. (ACYD.PK) announced today that effective September 30, 2009; it acquired multiple housing units that will shelter up to 24 ex-offenders and other individuals. The initial agreement is expected to generate about $120,000 in recurring annual revenue. “We will add additional properties, thereby rapidly increasing cash flow while reducing overhead expenses through consolidation,” stated John Folger, President and CEO.

American Community Development Group, Inc. (ACDG) is a for-profit corporation founded to provide economic support and management guidance to the nonprofit community. “We believe in the concept of ‘Social Entrepreneurship’,” stated Jeffrey Staller, President of Heritage Corporate Services. “We have the task and privilege of assisting the non-profit community while also creating
strong economic returns on capital.”

ACDG has chosen this growth field because it offers constant expansion and a socially conscious application, focusing on the talents of the founders. ACDG has signed agreements with non-profits that are providers of various services while also operating missions for the homeless, veterans, ex-offenders, drug and alcohol programs, and housing facilities for other disadvantaged persons in the Tampa Bay, Florida area.

Affordable Housing
“We are acquiring interests in multi-family, affordable housing and other high occupancy commercial real estate properties. We will break new ground as a national provider of these affordable housing services by specializing in residents that have been previously under-served. As a for-profit company, we have the ability to acquire, renovate and manage group housing, including apartments and mobile home parks. We will dramatically increase cash flow through greater population density combined with efficient and professional property management.” Folger stated.

Job Creation is Profitable Enterprise
The second focus of ACDG is to create jobs appropriate to these same disadvantaged citizens, further supporting social entrepreneurship. These jobs will be created in various enterprises that require minimal start-up capital while offering a high return and profit. The enterprise will be created through acquisition of profitable businesses or the launching of franchise type businesses that meet our employment and profitability criteria.

ACDG is creating numerous non-profit relationships nationally that have an ongoing need for both housing and job creation. “These non-profit organizations currently have government assisted agreements to assist in placement of their disadvantaged citizens,” Folger continued. ACDG projects 90% occupancy rates can be accomplished over a 90 day period with each new property acquired.

The executive management team of ACDG consists of experienced property developers and managers on a national level in residential/commercial real estate. They also have a wealth of experience in emerging growth of public and private entities, capital markets, and merger/acquisition strategies.


American Community Development Group- Rebuilding America, One Life at a Time!

Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company’s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company’s domestic and international operations, imprecision in estimating product
reserves and the company’s ability to replace and expand its holdings.

SOURCE: American Community Development Group, Inc.

Contact:

John Folger, President
American Community Development Group, Inc.
jfolger@acdginc.com
www.americancommunitydevelopmentgroup.com
Telephone: (727) 902-4108

Jeffrey Staller
Investor Relations
Investor@acdginc.com
Telephone: (888) 543-6076

Filed Under: press release Tagged With: , , , , , ,
« Older Posts