LH President Byeon Chang-heum Visits Housing Welfare Site... "Focusing on Improving Housing Rights"

Byeon Chang-heum, President of Korea Land and Housing Corporation (LH)

[Asia Economy Reporter Moon Jiwon] On the 6th, Byeon Changhum, President of Korea Land and Housing Corporation (LH), emphasized that he will focus on establishing and implementing a housing welfare support model over the next 10 years during his visit to the My Home Center in the southern Seoul area to mark the New Year.

President Byeon met with residents of public rental housing that day and said, "The past 10 years since the launch of LH have been a period focused on expanding rental housing," adding, "The next 10 years will focus on continuously expanding rental housing as well as establishing and actively implementing a housing welfare support model to improve housing rights."

President Byeon personally inspected the housing welfare sites and met directly with public rental housing residents to hear about their difficulties.

LH plans to supply 150,000 public housing units this year, including 110,000 public rental housing units and 30,000 public sale housing units. Additionally, to eliminate blind spots in housing welfare and provide integrated service support, LH will establish a cooperative housing welfare support system involving 'LH-local governments-civil organizations' and launch a pilot project in the first half of the year.

Furthermore, LH plans to actively support job creation and economic revitalization by supplying 1,000 housing units exclusively for small and medium-sized enterprise workers and 2,000 SOHO-type housing clusters linking housing and jobs.

LH is conducting surveys and providing housing welfare service guidance in cooperation with civil organizations for non-housing residents such as those living in jjokbang (tiny rooms) and gosiwon (small dormitory rooms). By 2022, LH plans to focus on supporting the entire settlement process, including searching for desired housing, handling application documents, and moving assistance, for 13,000 households wishing to relocate to public rental housing.

President Byeon emphasized, "We will ensure that the valuable opinions given by residents of various classes and types are reflected in policies and implemented on the ground," adding, "Through this, we will strive to become a specialized housing welfare institution that guarantees and improves the precious housing rights of the people."

This content was produced with the assistance of AI translation services.