1The cooperative aims to provide its members with affordable housing and to build and acquire residential buildings or apartments, excluding any speculative intent. In particular, it pursues the goal of promoting affordable housing construction in accordance with federal housing promotion policies and corresponding cantonal and communal regulations. 2The cooperative may acquire or sell plots of land or real estate companies, build, acquire, manage or rent houses. It is also permitted to sell plots of land or parts thereof. In this case, the members of the cooperative are given the opportunity to acquire land or apartments at the production costs, taking into account all costs and expenses, before the sale.