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About: HomeFund     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatPoliticalControversiesInAustralia, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: yago:Abstraction100002137yago:Act100030358yago:Controversy107183151yago:Disagreement107180787yago:Dispute107181935yago:Event100029378yago:PsychologicalFeature100023100yago:YagoPermanentlyLocatedEntityorganisationyago:SpeechAct107160883yago:WikicatPoliticalControversiesInAustralia New Facet based on Instances of this Class

HomeFund was a scheme set up by the New South Wales state government and operated through co-operative housing societies that allowed people who would not otherwise be able to afford a home to take out loans that would allow them to purchase a home. The scheme was especially targeted at public housing tenants. As a result of this, the scheme was restructured in 1993 with the appointment of a HomeFund commissioner to deal with complaints and a program to either move loans to commercial lenders or cap interest rates.