My chapter does not have a house, but none of the fraternities or sororities on our campus are housed either. It kinda pisses me off, because when we were chartered, we were even offered the loans to build a house...however, our university refused. They don't want Greek housing. We're still a minority on campus, though the Greek system as a whole is growing every year, along with the university. In the future, I'd like to see my chapter have at least a small house - maybe 8 brothers housed. I think the biggest thing we all want is a center for social activity & for meetings...just a good-size living room with a nice TV and video games and stuff, convenient to campus, where brothers can come "chill" between classes and in the evenings and stuff, and then a nice meeting room maybe in the basement or something.
My alumni dollars to my university will depend on if they lose their religious affiliation and if they allow Greek housing, and I anticipate my alumni dollars to be substantial