UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the ~~Securities Exchange Act of 1934~~

~~Date~~Securities ofExchange ~~Report~~Act ~~(Date~~ of ~~earliest event reported) June 30, 2009~~1934

Date of Report (Date of earliest event reported): August 26, 2009

AMERICAN COMMUNITY PROPERTIES TRUST

(Exact name of ~~registrant~~Registrant as specified in its charter)

MARYLAND (State or other jurisdiction of incorporation) 1-14369 (Commission File Number) 52-2058165 (I.R.S. Employer Identification No.)


Maryland	1-14369	52-2058165
(State or Other Jurisdiction of Incorporation or Organization)	(Commission File Number)	(I.R.S. Employer Identification No.)

222 Smallwood Village Center

St. Charles, Maryland 20602

(Address of principal executive offices) (Zip ~~Code~~code)

(301) 843-8600

(Registrant'’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed ~~since~~from last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[¨ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[¨ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[¨ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[¨ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 25.02 Departure ~~Results~~of Directors or Certain Officers; Election of ~~Operations~~Directors; Appointment of ~~and~~Certain ~~Financial~~Officers; ~~Condition~~Compensatory Arrangements of Certain Officers.

On August 1326, 2009, American Community Properties Trust ~~issued~~(“ACPT”) aand ~~press~~American ~~release~~Rental ~~announcing~~Management ~~its~~Company ~~financial~~(“ARMC”) entered into an agreement (the “Agreement”) with Matthew M. Martin in connection with his services as Chief Financial Officer (“CFO”) of ACPT and ~~operational~~as ~~results~~an ~~for~~employee of ARMC. The purpose of the ~~second~~Agreement ~~quarter~~is to reconfirm Mr. Martin’s terms of ~~2009~~employment with ACPT and ARMC and to create additional incentives for Mr. Martin to remain as ACPT’s CFO and as an employee of ARMC. AIn ~~copy~~summary, the Agreement provides that Mr. Martin will (i) continue to receive an annual base salary of $225,000, (ii) remain eligible to participate in all of ACPT’s benefit plans and programs, as well as receive a car allowance of $500.00 per month and (iii) be entitled to a lump-sum cash payment from ARMC in an amount equal to one-half of Mr. Martin’s then current annual base salary upon termination of his employment by ACPT for any reason other than for “cause” (as such term is defined in the ~~press~~Agreement) ~~release~~or upon his resignation from ACPT with “good reason” (as such term is defined in the Agreement). The foregoing summary is qualified by reference to the Letter Agreement, which is attached as Exhibit 9910.1 to this Form 8-K.

The information contained in this Form 8-K, including the attached exhibit, is being furnished under Item 2.02 and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act"), or otherwise subject to the liabilities of such section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(c)	Exhibits
99.1	Press Release of American Community Properties Trust issued on August 13, 2009

(d) Exhibits

~~SIGNATURES~~ 10.1 Agreement, dated as of August 26, 2009, among ACPT, ARMC and Matthew M. Martin.

~~Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.~~SIGNATURE

~~AMERICAN~~Pursuant ~~COMMUNITY~~to ~~PROPERTIES~~the ~~TRUST~~requirements ~~(Registrant)~~of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: August 13, 2009	By:	/s/ Matthew M. Martin
		Matthew M. Martin Chief Financial Officer

	AMERICAN COMMUNITY PROPERTIES TRUST
Date: September 1, 2009	By: /s/ Mathew M. Martin Matthew M. Martin Chief Financial Officer

Filing Compare · AMERICAN COMMUNITY PROPERTIES TRUST