Co-operative housing societies were loan societies established in the mid to late 20th century. They were based on the structure of a group of borrowers approximately 40, who lived within a radius of thirty miles joining a co-operative. They had the right to select their own site, plans and amount that they would like to spend. The co-operatives were administered by accounting firms. There were conditions placed on the borrowers in regard to amounts able to be borrowed and size of dwelling and percentage of cost which could be borrowed.The era of post-World War Two saw a shortage in a number of areas one of which was housing. The co-operative Housing scheme was preferred by many as it avoided the block approach which had been used by the Housing commission. The co-operative housing scheme proved to be of benefit to many families around that time.Framed certificate with black text Stylised frame around text. Paper is cream.H.E Daw Gov Print., Melb. Victorian Government seal in bottom Right hand corner. Registrar of Co-operative housing societies, Victoria. warrnambool, co-operative housing society 1951