Gangbuk-gu, Advance Payment of Subsidies Related to Multi-family Housing
Advance Payment of Community Revitalization Projects and Apartment Support Funds... Expected to Alleviate Financial Difficulties of Businesses Affected by COVID-19
[Asia Economy Reporter Park Jong-il] Gangbuk-gu (Mayor Park Gyeom-su) will provide advance payments for apartment complex support funds, community revitalization project support funds, and permanent rental housing joint management fee support funds to revitalize the local economy, which has been stagnant due to COVID-19.
Earlier, in February, the district announced a call for applications for the apartment complex support project, which shares the costs necessary for the maintenance and management of common facilities in apartments and villas within the area, and the community revitalization project, which promotes communication among neighbors through resident participation programs within complexes.
In March, the district held a committee meeting to select projects and determine the amounts. As a result, a total of approximately 218 million KRW was allocated to 25 complexes for the apartment complex support project, including the expansion of the parking lot at Seongwon Apartment in Ui-dong and the installation of water-saving facilities at Raemian Suyu Apartment in Suyu 2-dong. For the community revitalization project, about 29 million KRW was allocated to 7 complexes, including the Beondong Jugong 5 Complex Residents' Harmony One-Heart Festival.
With the advance payment of expenses, the projects are expected to proceed swiftly, which will help alleviate the financial difficulties of related companies struggling due to COVID-19.
Additionally, the district plans to provide early payment of approximately 315.5 million KRW in joint management fee support funds for a total of 4,181 households in the permanent rental apartments Beondong Jugong Complexes 2, 3, and 4, reducing the housing cost burden for residents.
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Park Gyeom-su, Mayor of Gangbuk-gu, said, “We hope that the advance payment of support funds related to apartment complexes will help residents who are economically struggling due to COVID-19. We will continue to seek various support measures to stabilize residents' lives.”
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