Added by Pat Williams on November 20, 2011
Founders of Transitional Housing Programs to Assist Corporate Expansion American Community Development Group, Inc. (OTC Pinksheets: ACYD) today announced that it is pleased to add qualified operators of transitional housing to the advisory and operations team. Mr. William Kaborycha and Ms. Christine Mengals were the original founders of West Coast Serenity House and developed their successful drug and alcohol program from a single property to over 7 transitional housing units. They are also assisting the Company to expand its relationships with various government, private and nonprofit agencies, which will increase the number of clients served and revenue. Management believes that their recent property additions require specific experience to manage the continued growth and expansion opportunities presented. The company said cCost control and operations management are critical during this period. The addition of 36 more residents to the current capacity increases revenues as the company gets closer to profitability and prepares to become an audited and reporting company on the Pinksheets.
About American Community Development Group, Inc.
Since 2008, American Community Development Group, Inc. (ACYD.PK) is a socially responsible public company that specializes in real estate investment. The company creates and sponsors affordable and transitional housing and job creation programs for the nonprofit community and are currently focused on the Florida West Coast.
The company says it has positively affected hundreds of lives in the Tampa Bay area of Florida and that expansion plans include other regional and national affiliations. The company, was founded as a real estate investment company in the Tampa Bay, Florida market and says it intends to acquire properties at tremendously discounted prices during the current market down trend. The company say it has also received offers to expand its pilot operations to other markets where distressed real estate prices are prevalent. The company says that it then increases shareholder value and revenues by using the properties to house the clients of existing nonprofits groups or other agencies.
The company states it is a hybrid social business model founded by a group of experienced professional managers and principals that acquire or fund businesses, that acts 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.
For more information please visit our website at www.AmericanCommunityDevelopmentGroup.com.
American Community Development Group Inc.
2500 54th Avenue North
St. Petersburg, FL 33714
United States – Map