The Ministry of Land, Infrastructure and Transport announced on the 23rd that it will extend the emergency housing support period for foreign victims of jeonse fraud from the current maximum of 2 years to 6 years, starting on the 24th, to enhance housing stability support for foreign victims affected by jeonse fraud.
In the case of foreign victims, social discussions regarding the extension of the emergency housing support period have been held, allowing them to reside in publicly supplied rental housing for up to 6 years.
Emergency housing support refers to a system where the Korea Land and Housing Corporation (LH) prioritizes the supply of public rental housing for victims who must urgently vacate their residence due to circumstances such as auction, following jeonse fraud.
Victims who receive emergency housing support can reside from the initial move-in date for a maximum of 2 years, with rent set at approximately 30% of the market rate.
Due to social discussions regarding the extension of the emergency housing support period for foreign victims, they are able to stay in the publicly supplied rental housing for up to 6 years. As of the end of last year, the number of foreign victims identified under the special law for jeonse fraud stood at 393, accounting for 1.5% of the total (25,578 cases).
With this support, foreign victims who wish to reside long-term in public rental housing through emergency housing support can inquire about the extension of their residency period with the LH regional headquarters to receive detailed guidance.