In mutual self-help and the exclusion of any speculative intention in the sense of the Housing Promotion Act (WFG) on a non-profit basis, the creation and operation of retirement homes primarily for residents of the municipality of Kallnach and Niederried, whereby, in the case of unoccupied apartments, other interested parties can also be accommodated. The cooperative can also promote and provide other age-appropriate housing options. It can acquire or dispose of plots of land or real estate companies as well as build, acquire, manage, or rent out houses of all kinds. The sale of plots of land or parts thereof is also permitted.