CHAPTER HOUSING accounts
Chapter Housing Accounts provide funds for a educational use areas in a chapter house.
What is a CHA?
The IRS only allows tax-deductible donations to be used for fraternity housing if the money is used on an area strictly designed for educational purposes. A Chapter Housing Account through the DUEF provides a space for those donations to be accepted and maintained. Money from a CHA can be used for the construction, renovation and furnishing in what the IRS calls an Educational Use Area (EUA) in a chapter house or facility.
To see if your chapter has an existing CHA, click here.