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I've worked with several chapters that have done this successfully at the local level. With many fraternities (even the largest ones), there is relatively no housing assistance from the national organizations. As a result, the key is have a strong housing corporation administered by alumni at the local level. I've worked with a couple chapters that have been able to raise more than 25k per year by allocating a certain percentage of each member's dues or rent toward the housing fund. This kind of dedication from the student chapter generally results in more support from the alumni toward the cause as well.
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