'Jeonse-Wolse Ansim Trust' (전월세 안심신탁) introduced — HUG holds and returns the jeonse deposit, and pays the landlord a monthly return
Source material is a Korean government announcement (in Korean).
The Jeonse-Wolse Ansim Trust (전월세 안심신탁) is a project in which the tenant deposits the jeonse deposit with the Korea Housing & Urban Guarantee Corporation (HUG) and HUG pays the investment return on it to the landlord like monthly rent; the plan is to post a recruitment notice in September, take applications in October, and support move-ins sequentially from December.
Key facts
| Organizers | Ministry of Land, Infrastructure and Transport · Jeonse-Wolse Stabilization Body (Korea Housing & Urban Guarantee Corporation, HUG) |
|---|---|
| Structure | 3-party contract among the stabilization body, landlord and tenant → tenant deposits the jeonse deposit with the body → the body pays the investment return to the landlord monthly |
| Eligible homes | First applied to homes with a market price of 2 billion won or less (basic checks such as whether the jeonse deposit is excessive relative to market price and whether the building is in violation) |
| Who can take part | Any landlord or tenant who wishes to take part can apply, with no income or asset limits (no legal obligation to participate) |
| Where to apply | HUG website and branches nationwide |
| Schedule | Recruitment notice in September → project applications in October → 3-party agreement concluded and contract deposit received in November → sequential move-ins from December |
| Effect for tenants | According to the Ministry of Land, Infrastructure and Transport, there is no need to buy jeonse deposit return guarantee or jeonse loan guarantee insurance, so the burden of additional guarantee fees is eased, and those who meet support requirements such as income can use a Housing and Urban Fund jeonse loan (Beotimmok, 버팀목) or a commercial bank loan |
| Landlord return | Under the Ministry of Land, Infrastructure and Transport's plan, the stabilization body will create a housing supply revitalization fund and manage it through HUG-guaranteed PF loans and the like, generating interest income in the 4% range annually and paying it out monthly (the specific monthly rental yield will be confirmed in the project notice at the end of September) |
| Pilot supply | 500 units of LH purchased rental housing will be supplied on a pilot basis this year through the stabilization body (for young households without homes) |
| Inquiries | Ministry of Land, Infrastructure and Transport, Housing Policy Bureau, Housing Fund Division 044-201-3347 |
Last checked:
On August 20, 2026, the Ministry of Land, Infrastructure and Transport said it will push forward the 'Jeonse-Wolse Ansim Trust' (전월세 안심신탁) project using a jeonse-wolse stabilization body, as a follow-up measure to the rapid housing supply plan announced on August 13. Under the scheme, the stabilization body (Korea Housing & Urban Guarantee Corporation, HUG), the landlord and the tenant conclude a 3-party jeonse-wolse contract, and once the tenant deposits the jeonse deposit with the body, the body manages the deposit and pays the landlord an investment return in the form of monthly rent. It will first be applied to homes with a market price of 2 billion won or less, and landlords and tenants who wish to take part can apply with no income or asset limits. The plan is to post a recruitment notice through the HUG website and other channels in September, take project applications in October, conclude the 3-party agreement and receive the contract deposit in November, and support move-ins sequentially from December.
Background — why this change
The Ministry of Land, Infrastructure and Transport said that with the recent avoidance of jeonse and landlords' preference for monthly rent due to low interest rates, the shift from jeonse to monthly rent is progressing and the housing cost burden on housing-vulnerable groups such as young people is growing. The ministry says the project was prepared to resolve the mismatch between tenants who want jeonse and landlords who want monthly rental income. If a landlord taking part in the project is a registered rental business operator, the obligation to purchase rental deposit return guarantee insurance is waived, and the plan is to also let a landlord who moves from a regulated area such as Seoul to a provincial area receive a housing pension (주택연금). Inquiries: Ministry of Land, Infrastructure and Transport, Housing Policy Bureau, Housing Fund Division (044-201-3347); Korea Housing & Urban Guarantee Corporation New Vision and New Business Task Force (051-998-6821).
Summaries below are factual notes based on government announcements and primary sources — not evaluations or opinions.
FAQ
How is the Jeonse-Wolse Ansim Trust structured?
The stabilization body (HUG), the landlord and the tenant conclude a 3-party jeonse-wolse contract, and when the tenant deposits the jeonse deposit with the body, the body invests and manages the deposit and provides the landlord with an investment return in the form of monthly rent. The tenant lives under jeonse instead of monthly rent, HUG manages the jeonse deposit, and after the lease ends the body returns the deposit to the tenant.
Who can apply, and from when?
Any landlord or tenant who wishes to take part can apply with no income or asset limits, and it will first be applied to homes with a market price of 2 billion won or less. A recruitment notice will be posted through the HUG website and other channels in September, project applications will be taken in October, the 3-party agreement will be concluded and the contract deposit received in November, and move-ins will be supported sequentially from December. The specific project procedures, the content of the agreement, and the monthly rental yield can be confirmed in the project notice at the end of September.
Can deposit-based monthly rent contracts also take part?
In principle, deposit-based monthly rent (보증부월세) contracts can also take part, and if the deposit and the monthly rent are converted into a jeonse deposit and fall within an appropriate jeonse price, the contract can join the project.
What happens to the jeonse deposit if the body's investments make a loss?
The Ministry of Land, Infrastructure and Transport said it plans to invest the deposited money from the housing supply revitalization fund into HUG-guaranteed PF loan project sites in a structure that minimizes principal loss, and said that even if the stabilization body (HUG) incurs investment losses, tenants' jeonse deposits will be guaranteed in full and the monthly returns paid to landlords will also be paid normally.