Missy,
As a product of an HBCU, I don't have a lot of knowledge about Greek housing issues. My mouth just DROPPED when I saw the figures that you posted for houses. Who pays the figures--the current members who are having the house built, alum of the organization, the national office, etc? Do these houses get morgages or are the groups expected to pay this up front? If they do get morgages, who guarentees (sp?) the loan?
Sorry for so many questions, but I work at a major university now, and a fraternity is building a house that is HUGE. I can only imagine what it is costing them!
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