HomeStart Finance (HomeStart) is a statutory corporation established by Regulation pursuant to the Urban Renewal Act 1995. It has a Board of Management appointed by the Minister for Housing and Urban Development and is subject to the control and direction of the Minister.
HomeStart’s functions include:
- lending money or providing other financial assistance to facilitate home ownership to persons of low to moderate income
- providing, marketing and managing home finance products
- providing, managing or facilitating finance for housing schemes or housing associations and for mortgage relief schemes within South Australia
- providing, managing or facilitating finance for the development, ownership or operation of aged care residential accommodation or facilities.