Norwich Housing Corporation®

exterior of a large house with columns

Financing the Fraternal Experience

The Norwich Housing Corporation® (NHC) is a private, not-for-profit lender that provides housing loans to alumni-led house corporations which are associated with chapters of Theta Chi Fraternity. Its mission statement is as follows:

“…to seek, through the prudent deployment of assets, to facilitate the ownership and improvement of housing for active chapters, and to produce income, thereby advancing the Fraternal experience.”

Quick Links

Housing Loan Programs

National Property Insurance Program

Loans Overview

NHC loans are only available to alumni corporations, which are alumni-led legal entities that have been established under the laws of a state for the purpose of owning and managing a chapter’s house. Alumni corporations must be associated with an undergraduate chapter to be eligible for an NHC loan. The NHC offers three different types of loans which are described under the “Loan Programs” section of this document.

Potential borrowers must complete an application process for all loans. Applications are reviewed by the NHC Board of Directors, and approval is not guaranteed.

To request a loan application, contact the International Headquarters at 317-848-1856 or housing@thetachi.org.

Administrative Staff

The day-to-day operations of the Norwich Housing Corporation are managed by the Chief Housing Officer. The Assistant Treasurer prepares the corporation’s financial statements and supervises the Chief Housing Officer. The Housing Support Specialist provides support for the Chief Housing Officer and Norwich Housing Corporation overall.

  • Chief Housing Officer – Bill Russo
  • Assistant Treasurer – Jim Powell
  • Director of Housing – Scott Stephen

Additional Information

For more information or to request a loan, please contact Theta Chi IHQ at 317-848-1856 or housing@thetachi.org.

Important Notice

The Norwich Housing Corporation reserves the right to make changes to this program at any time without notice. Do not make financial commitments to architects, contractors, or to anyone else, or negotiate contracts or leases of any kind on the assumption that a loan will be obtained. Loans are approved at the sole discretion of The Norwich Housing Corporation Board of Directors. No other person or entity has the authority to approve or promise loans.