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As it stands now, the TKE House Fund is unable to fund any new loans in the foreseeable future. As I understand it, Frater Mark Fite (a member of the Grand Council) is looking into ways to get this function of TKE operating again.
When I was on staff, I was in charge of the TKE House Fund and we had a Committee of alumni that developed programs to assist chapters in pursuing housing - it was called REAG, or Real Estate Advisory Group. We had sample plans, worked with alumni to develop housing funds, etc., even where to buy furniture. Not sure if this committee is working today, but I agree it sure needs to.
The best bet these days is for the university to participate. At one point, I met with Dr. Eugene Dial of Nichols to develop a Fraternity Row there. Not sure what happened, but a recent decision rendered by the Louisiana Attorney General now prevents University's from co-signing housing loans for fraternities. This will make it very hard to build a fraternity house on university land as you will not be able to get financing.
So, we need to research privates means of funding and building on private land as it appears this is the best approach in this day and age.
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