Taiwan Asset Management Corporation Launches 'Three Safeguards' 2.0; Affordable Housing Totals 1,427 Units

Taiwan Asset Management Corporation held a tea reception on October 30 to celebrate its 25th anniversary, where Chairperson Gong Wen-ping announced the launch of version 2.0 of the 'Housing Justice Sustainability Three Safeguards' program. Gong said version 2.0 will align with the government's housing policy, refining the existing program and expanding its scale.

The three businesses will work as follows. On urban renewal, Taiwan Asset Management Corporation said it will offer the public full-project management, advance payment of early-stage funds and multiple transition mechanisms, and offer developers a commitment of funds to continue construction, with the aim of speeding up urban renewal and avoiding unfinished buildings. Master-lease management will be combined with elder-care trusts and will expand participation in social housing, to look after disadvantaged groups. Affordable housing will introduce marriage-and-parenting housing and installment payment of the final balance.

SET News reported that as of September 2026, Taiwan Asset Management Corporation's net worth was NT$17,784 million and its total assets were NT$27,818 million, both the highest in nearly 14 years. Its affordable housing program has run for 16 years, with a cumulative 1,427 units launched and 27,000 people registering to apply to buy. Gong said affordable housing has helped 1,096 households buy homes. She also noted that in August 2026, Taiwan Asset Management Corporation was selected as the best applicant for the New Taipei City Housing and Urban Development Center's publicly led 'Wenshanjing' urban renewal project.

Vice Minister of Finance Juan Ching-hua said that after the Asian financial crisis, banks accumulated large amounts of non-performing loans, and the Ministry of Finance invited financial institutions to set up a national-level asset management company, which led to the founding of Taiwan Asset Management Corporation. He also said the non-performing loan ratio of domestic banks is now only 0.14%, and they can handle non-performing loans on their own. Vice Minister of the Interior Tung Chien-hung commended Taiwan Asset Management Corporation's performance in master-lease management, and said that before the laws on self-initiated urban renewal were passed, it had already taken part in self-initiated urban renewal as a full-project management agency.