My fiance and his dad just found out that there are plans to reopen the psi chapter at UNC in two or so years. They had a pipe burst and water damage and had to re do a "wing" of the house. Homeless people and stray doggies had moved in (odd, since its on "frat court"). I believe they are going to rent it out to another chapter for a time being to off set the costs.
There was a list of Chapter alumni that donated money to help with revitalization when it occurs. Appartently, the house is looking great now that its been redone.
Just in case anyone was wondering