[Congressional Record (Bound Edition), Volume 149 (2003), Part 8]
[Extensions of Remarks]
[Page 10234]
[From the U.S. Government Publishing Office, www.gpo.gov]




     10TH ANNIVERSARY OF THE SOUTHEAST TEXAS COMMUNITY DEVELOPMENT 
                              CORPORATION

                                 ______
                                 

                           HON. NICK LAMPSON

                                of texas

                    in the house of representatives

                        Tuesday, April 29, 2003

  Mr. LAMPSON. Mr. Speaker, I rise today to recognize the Southeast 
Texas Community Development Corporation, Inc. (SETCDC) on the occasion 
of its 10th Anniversary.
  SETCDC which serves the Beaumont--Port Arthur area of Southeast Texas 
was founded and incorporated on May 20, 1993, by State Representative 
Al Price and received its tax-exempt status in January, 1994. SETCDC 
has contributed to neighborhood redevelopment and revitalization by 
eradicating blight and building new homes throughout Southeast Texas.
  During these ten years, the Southeast Texas CDC has constructed 73 
new homes and 19 units of multi-family housing and rehabilitated 28 
existing homes. With the support and cooperation of local officials it 
has had a significant and positive impact on the lives of children and 
families of the region.
  Mr. Speaker, SETCDC has had an economic and business impact of over 
$10 million in the local community through construction loans and 
mortgages, through purchase of construction materials and through 
contracts with local small businesses.
  I ask my colleagues to join me in sending congratulations to 
Representative Price and all those associated with the Southeast Texas 
Community Development Corporation as they celebrate ten years of 
outstanding service to the citizens of Southeast Texas.

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