Exhibit 7.1

JOINT STATEMENT AGREEMENT

Each of the undersigned hereby agrees that the Schedule 13D relating to the common shares of American Community Properties Trust to which this agreement is attached is filed on behalf of such person.

Dated:  March 28, 2008

INTERSTATE BUSINESS CORPORATION

/s/ James Michael Wilson_______________________________

Name: James Michael Wilson

Title: President

WILSON SECURITIES CORPORATION

/s/ James Michael Wilson_______________________________

Name: James Michael Wilson

Title: President

JAMES MICHAEL WILSON

/s/ James Michael Wilson_______________________________

James Michael Wilson, Individually

WILSON FAMILY LIMITED PARTNERSHIP

/s/ James Michael Wilson_______________________________

Name: James Michael Wilson

Title: General Partner

JAMES J. WILSON

/s/ James J. Wilson_______________________________

James J. Wilson, Individually

BARBARA A. WILSON

/s/ Barbara A. Wilson       _______________________________

Barbara A. Wilson, Individually

KEVIN J. WILSON

/s/ Kevin J. Wilson           ______________________________

Kevin J. Wilson, Individually

ELIZABETH W. WEBER

/s/ Elizabeth W. Weber   _______________________________

Elizabeth W. Weber, Individually

THOMAS B. WILSON

/s/ Thomas B. Wilson     _______________________________

                                                                Thomas B. Wilson, Individually

MARY P. WILSON

/s/ Mary P. Wilson           _______________________________

    Mary P. Wilson, Individually

BRIAN J. WILSON

/s/ Brian J. Wilson            _______________________________

                                                                Brian J. Wilson, Individually