TO PROMOTE THE SOCIAL AND GENERAL WELFARE OF THE COMMUNITY BY OFFERING LOW-RENT HOUSING TO ALL UNIVERSITY STUDENTS, REGARDLESS OF RACE, CREED, COLOR OR NATIONAL ORIGIN, AND THUS INFLUENCE THE COMMUNITY TO ELIMINATE PREJUDICE AND DISCRIMINATION IN HOUSING; TO ADVANCE THE CAUSE OF EDUCATION BY PROVIDING INEXPENSIVE BOARD AND LODGING FOR UNIVERSITY STUDENTS WITH LIMITED RESOURCES, SO THAT THOSE WHO MIGHT NOT OTHERWISE BE ABLE TO CONTINUE AT THE UNIVERSITY BECAUSE OF ECONOMIC NEED MAY ENJOY THE FRUITS AND THE BENEFITS OF HIGHER EDUCATION; TO RELIEVE THE GOVERNMENT OF THE STATE OF MICHIGAN FROM THE BURDEN OF BUILDING AND OPERATING STATE-OWNED DORMITORIES BY CREATING HOUSING FACILITIES FOR STUDENTS AT LOW COST ON A COOPERATIVE BASIS, AND TO CONTINUALLY EXPAND AND EXTEND THOSE FACILITIES IN THE COMMUNITY INTEREST; AND TO INITIATE, COORDINATE, DIRECT AND OTHERWISE PARTICIPATE IN EDUCATIONAL EFFORTS AND PROGRAMS FOR THE EDUCATION OF OUR MEMBERS.