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.