Daegu City said Thursday it will conduct a full inspection of all 21 regional housing associations operating within the city through Dec. 11, examining membership contracts and other matters.

The inspection aims to identify potential problems in advance during regional housing association projects. These include issues such as increased construction costs, non-disclosure of association-related information and contract disputes that could harm association members.

Daegu City has been carrying out the inspections of regional housing associations under the jurisdiction of each district and county since late August.

The joint inspection involves lawyers, accountants and other experts, who are comprehensively reviewing the associations' operations, accounting and fund management, legal relations and project progress.

Key inspection items include the associations' management and operational status. These cover whether association-related materials have been disclosed, whether earnings reports have been prepared and submitted, and whether records of fund disbursement have been submitted. Other items directly affect members, including recruitment advertisements, membership contracts, and issues related to member eligibility and enrollment.

The inspection will also closely examine matters directly tied to members' cost-sharing, in accordance with relevant laws. These include contracts and service relationships with agency operators and the appropriateness of fund disbursement.

If violations of relevant laws are confirmed during the inspection, the city plans to take necessary action depending on the nature of the violation. This could include corrective orders, fines or criminal complaints. Where suspected criminal conduct such as embezzlement, breach of trust or fraud is confirmed, the city plans to refer the case to investigative authorities and respond strictly.

"We will continue to strengthen management and oversight so that association members can transparently check project progress and fund disbursement details," said Kim Byung-hwan, director of Daegu's Building and Housing Bureau. "We will do our best to protect the rights and interests of association members and ensure that regional housing association projects are carried out more fairly and transparently."

Meanwhile, Daegu City's inspection of regional housing associations last year uncovered a total of 26 violations.

The main issues identified were insufficient information disclosure, failure to prepare earnings reports and failure to submit records of fund disbursement. As a result, the city filed 13 criminal complaints, imposed fines in two cases and issued corrective orders in nine cases.


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