Taiwan Asset Management Corporation

As the only National Asset Management Corporation, Taiwan Asset Management Corporation (TAMCO) upholds the mission of “revitalizing non-performing assets and realizing housing justice.” As part of its core operations, TAMCO actively promotes affordable housing, in alignment with the United Nations Sustainable Development Goals (SDGs), particularly those aiming at promoting “housing justice”, “housing equity” and creating “sustainable cities and communities.” TAMCO’s core business lies in handling non-performing loans of various financial institutions and the leasing or sale of related real estate. Leveraging its core expertise in asset management and reuse, TAMCO transforms idle or underutilized real estate into affordable housing options, which innovatively adopted a lottery-based allocation system to ensure fairness and transparency of the process. To date, over 1,300 affordable housing units have been made available at prices significantly below market rates. The positive results include easing house buying pressures for the young generation and disadvantaged groups, while also enhancing community safety and supporting urban regeneration.