Financial Model

After conducting a thorough reserve study, campaign leadership is confident we can afford up to a $2.5M mortgage while netting enough revenue annually to build a reserve fund.

 Due to the rapidly failing state of the current home, Alpha-Lambda had to invest nearly $100,000 in necessary repairs during the 2023-2024 academic year. By rebuilding entirely, we eliminate the need for such repairs, using the revenue saved to generate reserve funding. Building a reserve fund is entirely new for Alpha-Lambda and is made possible by a robust campus membership. By modeling our future needs, we can reduce the necessity of long-term fundraising post-build.

As part of this increased revenue, the house corporation has also budgeted for preventative care, routine maintenance, professional cleaning, and other services. These ongoing needs will be monitored closely by a team of house corporation volunteers working to preserve the life the life of our new home.