Dedicated Property Manager
The property manager is on call for the chapter 24/7. She gets to know every aspect of the house and chapter needs, and becomes a familiar face to officers and advisors.
Chic and classic designs, a dedicated property manager, a chapter wish list and five-year property plan, prompt and proactive maintenance ... these are among the benefits of joining the FHC.
The FHC assumes the responsibilities of a facility corporation board (FCB), taking care of the safety, upkeep, inspections, budgeting, repairs and renovations of real and personal property. By shifting facility responsibilities to FHC, volunteers know the facility will be maintained to Theta’s high standards by FHC staff and volunteers can thus focus on important chapter issues. FHC helps chapters maintain their facilities more proactively, addressing maintenance issues early on and creating a road map for future improvements. Members will find having an updated, well-maintained facility not only enhances the Theta experience, but also helps with recruitment and retention efforts.
Shortly after the chapter is accepted into the FHC and membership of the corporation has been changed, a member of the interior design committee and the chapter’s designated FHC property manager will visit the facility, meet with chapter officers and advisors, and complete an initial assessment of needs. The team will determine the chapter’s needs, develop a budgeted plan, match it with the chapter’s wish list and present it to the FHC board for approval and scheduling.
All FHC chapters and facilities differ, and renovation projects can range from one room to the entire facility. The FHC board will look at each chapter’s individual needs. Depending on the urgency of potential upgrades and available funds, renovations may be done all at once or spread out over a number of years.
The property and business of the facility corporation will be managed by, and its power and authority vested in, the FHC board of directors. The FHC board takes the place of a local facility corporation and consists of four appointed alumnae members: a president, vice-president, secretary and treasurer. Currently, the FHC board serves in the same capacity on the individual corporations within the FHC. FHC staff and the board of directors will work closely with chapter advisors and officers to make decisions about the facility and property. FHC only acts as the chapter’s landlord and will not dictate any other aspects of chapter business. While FHC is the ultimate decision-maker on facility issues, advisors and officers are seen as partners, sharing the mutual goal of making the facility the best it can be. The FHC board carefully weighs the full considerations of each issue before moving forward, ensuring the chapter’s needs are met.
Yes, with approval from the Fraternity executive director and FHC president. However, the purpose of FHC is to hold property in perpetuity for the sole benefit of the active chapter. If for some reason a college or university decided to no longer allow Greek organizations to have facilities and FHC was forced to sell the property, the proceeds of the sale would be held by FHC and used to purchase another facility for the chapter.
If your chapter or facility corporation is ready to talk about joining FHC, please contact us. A member of the FHC staff will be in touch.