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Brother Joe, LCAP was a good idea and as many know it was not at times properly instituted. I too know of some of the many pluses, but I also have heard of some of the negatives.
Two of the negatives that I have heard from Alumni of course are UMass and Mo.Un.
One of the pluses not mentioned was Un. Ark which is a big house.
I never totaly agreed with turning over chapter assets from chapter housing corporations to IHQ no matter what.
While LCAP was a nice idea in princiable, it was as you say under funded and with out that it became a quagmire and got lost in the shuffle.
But what seemed wrong with the whole idea was taking control of property and not having the availability to run the program.
GammaZeta, as far as regional Boards as you are refering to will not toataly work. There has to be a central authority and we have that in place.
You will find that having a volunteer group soon runs into problems with people getting burned out and quicking. While good in theory it over the long haul will not work. I have been working with my Zeta for 42 years and am getting burnt out as many will do.
The demise of LCAP may make some happy, but, if run in the proper way would be very good in protecting the property for the future. Trying to build a new house today is very costly. I know as we just had a new house built and we as the house corporation owned the property. 3 3/4 million just doesn't get you much like it used to especially in college towns.
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LCA
LX Z # 1
Alumni
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