1-1                                     1                                  
 1-2                          SENATE RESOLUTION NO. 222
 1-3           WHEREAS, The Senate of the State of Texas takes great
 1-4     pleasure in recognizing February 13, 2001, as Community
 1-5     Development Day at the State Capitol; and
 1-6           WHEREAS, Community development corporations are sometimes
 1-7     the only organizations in their community helping the poorest of
 1-8     working families in obtaining safe, decent, and sanitary housing,
 1-9     working to improve the physical condition of commercial buildings
1-10     and infrastructure in poor and minority neighborhoods; and giving
1-11     alternative financing options to families and small businesses that
1-12     cannot get traditional bank loans; and
1-13           WHEREAS, Founded in 1995, the Texas Association of Community
1-14     Development Corporations is a nonprofit organization of more than
1-15     450 community development corporations, committed to promoting
1-16     affordable housing and economic development in Texas; and
1-17           WHEREAS, The Texas Association of Community Development
1-18     Corporations is celebrating its Fifth Annual Community Development
1-19     Conference in Austin February 12 through 14, 2001; it is the
1-20     largest gathering of community development practitioners in the
1-21     state; and
 2-1           WHEREAS, Today, Tuesday, February 13, 2001, community
 2-2     development practitioners from across Texas will visit the
 2-3     Capitol and meet with their respective legislators to discuss
 2-4     the importance of affordable housing and economic development
 2-5     in Texas; and
 2-6           WHEREAS, Texas community development corporations have
 2-7     produced over 24,500 units of owner-occupied housing and rental
 2-8     housing in their history through 1999, and they have a projected
 2-9     11,243 housing units under construction or planned for 2000-2001;
2-10     and
2-11           WHEREAS, Community lenders called community development
2-12     finance institutions have stimulated economic development in
2-13     low-income communities, directing over $60.5 million dollars
2-14     to 1,912 local firms or individuals starting an enterprise from
2-15     1994-1999; and
2-16           WHEREAS, The majority of community development corporations
2-17     provide a comprehensive set of services for Texas communities,
2-18     such as housing and commercial and business development, as well
2-19     as youth programs, employment training, and childcare services;
2-20     now, therefore, be it
2-21           RESOLVED, That the Senate of the State of Texas,
2-22     77th Legislature, hereby recognize February 13, 2001, as Texas
2-23     Community Development Day at the Capitol and extend sincere best
2-24     wishes for continued success to all association members; and, be
 3-1     it further
 3-2           RESOLVED, That an official copy of this Resolution be
 3-3     prepared for the Texas Association of Community Development
 3-4     Corporations as an expression of high regard from the Texas Senate.
 3-5                                                                   Madla
 3-6                                  ______________________________________
 3-7                                          President of the Senate
 3-8                                       I hereby certify that the above
 3-9                                  Resolution was adopted by the Senate
3-10                                  on February 13, 2001.
3-11                                  ______________________________________
3-12                                          Secretary of the Senate
3-13                                  ______________________________________
3-14                                           Member, Texas Senate