ACYD OWNS 14 PROPERTIES as per today's PR!!! 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. American Community Development Group Inc. Offers Shareholder Update Date: 07/02/2011 @ 2:57PM Source: PR Newswire Stock: (ACYD) http://ih.advfn.com/p.php?pid=nmona&article=48300286&symbol=ACYD American Community Development Group, Inc. (OTC Pinksheets: ACYD) today announced that it will update its quarterly financials.