UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2) Comstock Homebuilding Companies, Inc. (Name of Issuer) Class A Common Stock, par value $0.01 per share (Title of Class of Securities) 205684 10 3 (CUSIP Number) June 22, 2005 --------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) --------------------------------------------------------------------------- Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures previously provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the act but shall be subject to all other provisions of the Act. -------------------------------------------------------------------------------- CUSIP No. 205684 10 3 Schedule 13G Page 2 of 6 Pages -------------------------------------------------------------------------------- --------- ---------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: Lawrence E. Golub S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (entities only): --------- ---------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) --------- ---------------------------------------------------------------------- 3 SEC USE ONLY ---------------------------------------------------------------------- --------- ---------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States ---------------------- ------ -------------------------------------------------- 5 SOLE VOTING POWER 550,250 ------ -------------------------------------------------- NUMBER 6 SHARED VOTING POWER OF SHARES BENEFICIALLY 0 OWNED BY ------ -------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON WITH 550,250 ------ -------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 --------- ---------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 550,250 (1) --------- ---------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* --------- ---------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.8% --------- ---------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN --------- ---------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! (1) The Reporting Person disclaims beneficial ownership of 366,833 shares of Class A Common Stock held by The Lawrence E. Golub Grantor Retained Annuity Trust and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Sections 13(d), 13(g) or 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. -------------------------------------------------------------------------------- CUSIP No. 205684 10 3 Schedule 13G Page 3 of 6 Pages -------------------------------------------------------------------------------- Item 1. (a) Name of Issuer Comstock Homebuilding Companies, Inc. (b) Address of Issuer's Principal Executive Offices 11465 Sunset Hills Road, 5th Floor Reston, Virginia 20190 Item 2. (a) Name of Person Filing Lawrence E. Golub ("Reporting Person") (b) Address of Principal Business Office or, if none, Residence 551 Madison Avenue 6th Floor New York, NY 10022 (c) Citizenship United States (d) Title of Class of Securities Class A Common Stock, par value $0.01 per share (e) CUSIP Number 205684 10 3 Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) [ ] Broker or Dealer registered under Section 15 of the Act (b) [ ] Bank as defined in Section 3(a)(6) of the Act (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (d) [ ] Investment Company registered under Section 8 of the Investment Company Act (e) [ ] Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940 -------------------------------------------------------------------------------- CUSIP No. 205684 10 3 Schedule 13G Page 4 of 6 Pages -------------------------------------------------------------------------------- (f) [ ] Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see ss.240.13d-1(b)(1)(ii)(F) (g) [ ] Parent Holding Company, in accordance with ss.240.13d-1(b)(ii)(G) (Note: See Item 7) (h) [ ] A savings association as defined in section 3(b) of the Federal Deposit Insurance Act (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (j) [ ] Group, in accordance with ss.240.13d-1(b)-1(ii)(J) Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities identified in Item 1. (a) Amount Beneficially Owned 550,250(2) (b) Percent of Class 4.8% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 550,250 (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 550,250 (iv) shared power to dispose or to direct the disposition of 0 (2) The Reporting Person disclaims beneficial ownership of 366,833 shares of Class A Common Stock held by The Lawrence E. Golub Grantor Retained Annuity Trust and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Sections 13(d), 13(g) or 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. -------------------------------------------------------------------------------- CUSIP No. 205684 10 3 Schedule 13G Page 5 of 6 Pages -------------------------------------------------------------------------------- Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following |X|. Item 6. Ownership of More than Five Percent on Behalf of Another Person Not Applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company Not applicable. Item 8. Identification and Classification of Members of the Group Not applicable. Item 9. Notice of Dissolution of Group Not applicable. Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect. -------------------------------------------------------------------------------- CUSIP No. 205684 10 3 Schedule 13G Page 6 of 6 Pages -------------------------------------------------------------------------------- SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Statement is true, complete and correct. Dated: June 23, 2005 /s/ Lawrence E. Golub ---------------------------------- Lawrence E. Golub