honeychile, etal, a House Corporation is set up for three reasons as I am sure all of you know.
1. Trying to find a House.
2. Keeping a House up.
3. Building a New House. (May be combined with # 1).
I have been on Our House Corp. for 10 years now, and brought up an idea of building a new house on property that We do own 20 years ago.
Now, where does money come from for the House Corp. Alums of course.
Yes, we did have $$, but paid off a small 3 bedroom house we bought to give us a 3 corner lot for a new house to sacve on interest. (Need a Great Alum who is willing to do the job and knows accounting and financing).
We also have a dwindleing Active Chapter and used these $$ to keep it square with IHQ so now, we are virtually broke in the HC.
But there have been some inovative ideas presented on our Web Site where Alums can help donate $$ and be representated.
lambdachipittstate.org.
Take a look and it might give you some ideas!
No, it is never easy, keep it incorporated, it doesnt cost much and will be in the wings when and if needed!