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2003S1548-1 05/27/03


By:  Williams                                                   S.C.R. No. 59 



CONCURRENT RESOLUTION
	WHEREAS, The Legislature of the State of Texas is pleased to 
recognize Southeast Texas Community Development Corporation, 
Incorporated, on the occasion of its 10th anniversary on May 10, 
2003; and
	WHEREAS, Founded and incorporated by former State 
Representative Al Price, the organization has played an important 
role in neighborhood redevelopment and revitalization by 
constructing new homes in formerly blighted areas; and
	WHEREAS, The Southeast Texas Community Development 
Corporation has marketed home ownership to more than 5,000 
prospective home buyers, and it has offered credit counseling and 
credit repair services to approximately 2,000 clients; and
	WHEREAS, Over the past 10 years, the organization has 
constructed 73 new homes and 19 units of multifamily housing, and it 
has rehabilitated 28 existing houses, thereby providing safe, 
decent, and affordable housing to more than 350 individuals; and
	WHEREAS, Through their diligence and commitment to providing 
the residents of Beaumont with better housing, the dedicated 
individuals associated with the Southeast Texas Community 
Development Corporation have contributed more than $10 million to 
the city's economy; the financial boon has included construction 
loans and mortgages, the purchase of construction materials, and 
contracts with local businesses; and
	WHEREAS, In honor of its 10th anniversary, the Southeast 
Texas Community Development Corporation will break ground for the 
construction of 10 new homes in Beaumont, one for each year that the 
organization has served the housing needs of many in the community; 
now, therefore, be it
	RESOLVED, That the 78th Legislature of the State of Texas 
hereby commend Southeast Texas Community Development Corporation, 
Incorporated, for its exemplary service to the City of Beaumont and 
congratulate all associated with the organization on their many 
contributions to its success; and, be it further
	RESOLVED, That a copy of this resolution be prepared for the 
corporation as an expression of esteem from the Texas Legislature.