Apply for Youth Jeonse Deposit Return Guarantee Insurance Premium

Gwangju Gwangsan-gu, Prevention of Jeonse Fraud 피해

Gwangsan-gu, Gwangju Metropolitan City is taking measures to prevent jeonse fraud.

On the 25th, the district announced that it is providing support of up to 300,000 KRW through the Jeonse Deposit Return Guarantee Fee Support Project.

Eligible applicants are homeless youth (aged 19 to 39) who have subscribed to the jeonse deposit return guarantee, meeting the criteria of a deposit of 300 million KRW or less and an annual income of 50 million KRW or less (70 million KRW combined for newlyweds).

Those who have subscribed to the jeonse deposit return guarantee insurance through the Housing and Urban Guarantee Corporation (HUG), Korea Housing Finance Corporation (HF), or SGI Seoul Guarantee Insurance since January 1 of this year can apply by visiting the local administrative welfare center with the required documents.

However, foreigners, overseas Koreans, and homeowners are excluded from support. Tenants residing in rental housing owned by registered rental business operators are also not eligible for support.

This content was produced with the assistance of AI translation services.