Yep, LXA, has LCAP!
Made up of Alums in Business, Banking, Law, and Realistate who volunteer time to advise and use money where it is best needed, whether to run the House as a managment property, sell property, rent propery out when a Chapter is no longer on campus.
I am like you, I do not know what other Orgs do. but would be willing to bet, that, befause of:
Insurance via risk management, outdated buildings not up to coed that is will become excedeingly harder in the near future.
In past years, LXA, was a brother and lender for new houses. To my knowledge, the U. Arkansas House was the last to be done. Now, it is much tougher.
I know, we at my Chapter, are tearing our old house down at the end of the Sem. and building a new house on our own, period!
It will be tuff, but that is our decision!
All Greek Organizations are3 under the gun for money, not only at the local level, but most importantly at the National Level!
Plan to see mergers amongst Natioanls for survival.!!!!
Beleive it or not, but it is going on right now!
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