Asan City prepares measures to return deposits and stabilize housing for private rental apartments in Bangchuk-dong

(Asan = Yonhap News) Reporter Yoo Eui-ju = Asan City, South Chungcheong Province, has begun responding with related organizations, including the Housing and Urban Guarantee Corporation (HUG), to return the rental deposits of tenants of private rental apartments in the Bangchuk-dong area and to stabilize their housing.

According to the city on the 2nd, the Housing and Urban Guarantee Corporation held an on-site information session at the plaza in this apartment complex the day before to provide information on tenant protection and rental deposit return procedures.

This apartment is a privately built rental housing with 271 households, and due to the recent court receivership of the project owner, concerns are growing about the return of rental deposits and future residence of tenants.

At the briefing session, the Housing and Urban Guarantee Corporation explained the rental deposit return process and what tenants need to prepare, and also provided information on individual extension of guarantee insurance for tenants who wish to continue living there.

On this day, the corporation operated an on-site counseling center within the apartment management office and provided individual counseling to tenants regarding deposit returns and guarantees.

The city plans to continue to monitor the situation of tenants and continue discussions with related organizations such as the Housing and Urban Guarantee Corporation to seek ways to protect tenants and stabilize housing.