The objectives for the company are as follows:
These objectives recognise the potential Financial, Housing Supply, Affordable Housing provision, Sustainability and Market Differentiation and are agreed with B&NES.
The Company has two divisions.
Aequus Developments Ltd – Management and Holding Properties for the Private Rented Sector.
Aequus Construction Ltd – Housing Developments primarily for sale
Bath & North East Somerset Council has said it is looking to appoint an independent Non-Executive Chair and Non-Executive Director to serve on its Housing Development Company Board.