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BLACK B. Inc. Phildelphiz, Pa. 19146 O KI5-1439 K151356 1443 South Street O REAL ESTATE PROPOSAL Black low income communities are in an emergency state of de lapidation. Real Estate brokers are not financially in a position td'deal with this situation at present tine. Federal and City government are passing the load'oif on the public, wno in xetir? do nothing but watch the neighborhoods begin to resonble ghost to deal with this, before it gets any worso. 1. Houses: All in a concentrated areas. Donated to Black Inc. from City Government. 8. Sheriff Sale Properties C. Homesteaders Act -- City Properties. d. Privately donated properties within our community 2. Renovations: 1 0. Black Inc. accepts legal responsibilitics thru numorous community functions. b. Shares of stock sold in Real Estate Subsidiaries C. Money used to purchase building materials 1. Labor - vocational training people in building trades supervised by licensed tradesmen. 3. Sale of Properties and Rentingt. a. Low income families decided by income yearly. b. Rent with option to buy. C. Rent used to pay dividends on shares of stocks and renovation of properties.