American Community Development Group Secures Bridge Financing

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.