Hamyang-gun Implements Support Program for Youth Jeonse Deposit Return Guarantee Fee

Preventing Jeonse Fraud for Homeless Youth
Up to 300,000 KRW Refund on Paid Guarantee Fees

Hamyang-gun, Gyeongnam Province, is recruiting applicants for the ‘Youth Jeonse Deposit Return Guarantee Fee Support Project’ to encourage young people to subscribe to the Jeonse deposit return guarantee, as cases of non-return of Jeonse deposits among young workers and low-income youth have recently increased.

The support targets young residents of Hamyang-gun without housing ownership who have subscribed to the Jeonse deposit return guarantee through HUG Housing and Urban Guarantee Corporation, HF Korea Housing Finance Corporation, or SGI Seoul Guarantee Insurance after January 1 of this year, with a lease deposit of 300 million KRW or less and an annual income of 50 million KRW or less (70 million KRW or less for newlyweds). According to the Hamyang-gun Youth Basic Ordinance, applicants must be aged 18 to 49 (born between 1974 and 2005).

Hamyang County Office.

However, tenants residing in rental housing owned by registered rental business operators under the ‘Special Act on Private Rental Housing’ or tenants living in company-supported accommodations where the tenant is a corporation are excluded.

If selected as a beneficiary of the Youth Monthly Rent Support Project, applicants can receive a refund support of up to 300,000 KRW for the Jeonse deposit return guarantee fee they have already paid.

Applications can be submitted online through the Gyeongnam Baro Service or in person at the Future Development Division of Hamyang-gun Office.

Required documents and other detailed information can be found in the Notices and Announcements section on the Hamyang-gun Office website.