Bravo! IMO a landowner's duty is to enforce God's laws within his or her own property, and his or her last act as landowner should be to insure that whoever he passes the land onto is one who believes in doing likewise. In my experience, neighborhoods "go bad" when previous property owners sell out to the highest bidder, focusing more on their next home than being concerned about what they're allowing into the old neighborhood.
Whether Monaghan is doing this out of an entrepreneurial quest for profit, or out of a personal faith, matters not to me. The initial results are the same, and I applaud them. Now let's see what happens in ten years, after a portion of the original homeowners have moved on...
Makes me wish I were a college student again...but I hate humidity!
I'm not quite sure how that would work. As far as I understood, in order for a school to call itself Catholic, it must have the approval of the local bishop. In addition, it must follow the Mandatum put in place several years ago by the Vatican. I don't doubt that Monaghan is genuine, but I just don't see how he can operate completely independent of a diocese. Maybe that's not what that statement means though.