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Erik,
As a Denver resident, you may know that the Colorado School of Mines recently expanded its greek row and supplied state funded housing for the GLO's that were missing out- a fraternity and 3 sororities. The houses are absolutely beautiful, especially the offerings for the sororities.
Without the college's help, it would be absolutely impossible to fund and build a fit-for-purpose house in Golden. Real Estate prices are soaring, most of the land adjacent to the campus is reserved for future college expansion, and the the original greek housing on campus is long gone, never to be recreated.
The college provides maintenance for the houses and handles the the money and the administration (almost as if moving into one of the dorms). In my opinion, its a great arrangement- as long as the GLO's maintain good relations with the administration.
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