American Community Development Group Adds 6 More Properties

TAMPA, Fla., Aug. 1, 2011 /PRNewswire/ -- American Community Development Group, Inc. (OTC Pinksheets: ACYD) today announced that it is taking over 6 existing transitional housing properties. The properties are multi-family and single family.

The Company estimates that it will have the capacity to add 36 more residents to the current capacity of 54 clients which, when fully occupied, our base revenue could potentially climb to $540,000 from our current base path of $324,000. Company management intends to aggressively integrate these new properties into our operations system and to add more growth capacity over the next 6 to 18 months.

The Company has also received several inquiries from other private investment groups from several other parts of the country asking our assistance in continued development of transitional housing from their local stock of distressed housing.

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, 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.

Our revenue model uses a typical 3 bedroom property to generate 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, 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.

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SOURCE American Community Development Group, Inc.