Over the years, the Housing Corporations have taken on many variations. Some strictly act as landlords, only interacting with the undergraduates on matters concerning the physical property. Others have morphed into variations of a Housing Corporation/Association and others into Housing Corporations/Association/Chapter Council duties. In the Strategic Plan 2005-2010, the duties of the Housing Corporation were clearly set out and limited to landlord status. This was primarily done to limit liability and risk to the Housing Corporation assets, primarily the chapter house.
Housing Corporations are self-governed by their local board of directors and by the corporation laws of the state in which they are located.
In 2010, the Fraternity established CLVEN, LLC. a subsidiary of Alpha Sigma Phi Fraternity, Inc. CLVEN, which stands for Causa Latet Vis Est Notissima, the Fraternity's open motto, was created to provide resources, guidance, and even funding to existing and new chapters and provisional chapters looking to improve their facility or secure housing for members. In 2017, CLVEN National House Corporation was created as a standalone entity to better support the growing need for housing from our chapters and replaced CLVEN, LLC.
Click here for more information about CLVEN & House Corporations.