I'm glad to hear that they're coming back! I haven't heard about this yet. Do you know what the chapter will be doing for housing? Their house was sold when they left (and is now being used as apartments), so I'm curious as to whether they'll be purchasing a new house off-campus somewhere, or if they'll try to move into the Greek Village that just opened on-campus.
They were definitely one of the top fraternity chapters on campus. It's so good that they're going to be able to return.