Quote:
Originally Posted by Wolfman
I'm just laying out the situation without spin. But the issue was not simply about diversity in the Greek Village; it was about who could come up with the "green." Omega was in a position to do it financially. The Omega housing corporation owns the house but leases the land from USC for a nominal fee. In this sense, this venture was like all the other houses. In the final analysis, this is a business investment venture and this project was structured so that the Omega housing corporation makes money off this project, which they want to parlay into other similar ones. The idea from its conception was wider than simply a service to the local (ZZ) chapter at USC.
|
If if wasn't about diversity, why did President Sorensen personally call Omega headquarters to ask to build a house? He probably looked around and realized that there were no NPHC fraternities and sororities in Greek Village. He had a good relationship with the Omegas when he was at the University of Alabama, so he contacted them.
And about the money thing: If you have some bruhs who are in some major leadership positions: political (Rep. Clyburn), education (Dr. Sellers) and financial/business, they can easily come up with the money. Even though some of the WGLOs do want to look at the money, most of the time they think of fellowship and a gathering place for their members when they build/lease houses, not as a long-term investment.
Quote:
Originally Posted by ladygreek
This is not a good economy right now to be making real estate investment ventures. Especially a risky one like this. But I wish the Omega Housing Corporation all the best.
|
Ditto.