78R13612 JHS-D

By:  Deshotel                                                   H.C.R. No. 2  



CONCURRENT RESOLUTION
	WHEREAS, Southeast Texas Community Development Corporation, 
Inc., (SETCDC) will mark its 10th anniversary on May 10, 2003, and 
this occasion offers an excellent opportunity to recognize this 
notable organization and its many dedicated employees; and
	WHEREAS, Founded and incorporated by former State 
Representative Al Price, SETCDC has contributed to neighborhood 
redevelopment and revitalization by eradicating blight and 
building new homes; and
	WHEREAS, This fine organization has marketed home ownership 
to more than 5,000 prospective home buyers and has offered credit 
counseling and credit repair services to some 2,000 clients; and
	WHEREAS, During its 10-year existence, SETCDC has 
constructed 73 new homes, created 19 units of multifamily housing, 
and rehabilitated 28 existing houses, providing safe, decent, 
affordable housing to more than 350 men, women, and children; and
	WHEREAS, The dedicated individuals associated with SETCDC 
are responsible for an economic benefit of more than $10 million to 
the Beaumont community; this financial boon includes construction 
loans and mortgages, the purchase of construction materials, and 
contracts with local businesses; and
	WHEREAS, In honor of its anniversary, SETCDC will break 
ground for the construction of 10 new homes in Beaumont, one for 
each year of service provided by this exemplary organization, and 
it is a privilege to join in celebrating the continued success of 
Southeast Texas Community Development Corporation, Inc.; now, 
therefore, be it
	RESOLVED, That the 78th Legislature of the State of Texas 
hereby recognize the 10th anniversary of Southeast Texas Community 
Development Corporation, Inc., and extend best wishes to the many 
individuals affiliated with this outstanding organization; and, be 
it further
	RESOLVED, That an official copy of this resolution be 
prepared for Southeast Texas Community Development Corporation, 
Inc., as an expression of high regard by the Texas House of 
Representatives and Senate.