Omega House Grand Opening USC Greek Village

[Wolfman]

Originally Posted by ladygreek

I don't want to denigrate the house. But it seems those resources could have been used to build Omega community centers that could be rented out to community groups for community service programs, similar to how the Omega HQ rents out space to small businesses, and nonprofit groups ( at least they did when we visited the HQ during our ATL national convention) i.e. economic development. Now that impressed me.

A frat house on one campus just does not, to me, seem to me to be a logical investment. But then maybe it is my MBA and social service background coming out.

And again I wish the Housing Corporation well in this venture.

I'm not necessarily an apologist for the project; I'm just laying out the rationale for what was stated. There is a diversity of opinion in the Fraternity about this project (a real understatement!). Per your opinions about what would be more worthy projects, Omega is involved in a project building low income housing in Ensley, Alabama, an economically depressed community.

And the Friendship Foundation, the owner/administrator of the Omega World Center, which includes the Omega IHQ, is trying to get full capacity for the tenant space in this large office bldg. This more aggresive business model represents a different paradigm for the Fraternity in terms of ways and means and has not been fully embraced by all.

[ladygreek]

Originally Posted by Wolfman

I'm not necessarily an apologist for the project; I'm just laying out the rationale for what was stated. There is a diversity of opinion in the Fraternity about this project (a real understatement!). Per your opinions about what would be more worthy projects, Omega is involved in a project building low income housing in Ensley, Alabama, an economically depressed community.

And the Friendship Foundation, the owner/administrator of the Omega World Center, which includes the Omega IHQ, is trying to get full capacity for the tenant space in this large office bldg. This more aggresive business model represents a different paradigm for the Fraternity in terms of ways and means and has not been fully embraced by all.

Good stuff! I hope the Omega World Center is successful, because that to me it a paradigm we should all follow. Can you imagine if all nine of us employed that business model in one form or another--providing incubators for small businesses? Talking about real economic development.

It's one thing to provide low-income housing (don't get me wrong, that is a symptom that needs to be treated) but it's another thing to provide opportunities for wealth creation to prevent the symptom.

Kudos to the Omegas.