SH Corporation Hosts Idea Contest for Public Rental Housing Residents

[Asia Economy Reporter Choi Dong-hyun] Seoul Housing and Communities Corporation (SH Corporation) is seeking ideas that can generate income for public rental housing residents or revitalize the community.

SH Corporation announced on the 12th that it will hold a contest for 'Income Generation Ideas and Cases for Residents' from the 13th of this month for about a month. Anyone, including residents of rental housing and the general public, can participate in this contest.

The contest theme is 'Income Generation and Community Revitalization Plans for SH Corporation Rental Housing Residents.' Participants are asked to propose one or more ideas on how SH Corporation rental housing residents can generate income through specific activities or improve residents' welfare by revitalizing the community. Final winners will receive a prize of 5 million KRW and a certificate.

The submission period for ideas is from the 13th of this month to June 14th, and the final announcement will be on July 3rd. Detailed information can be found on the SH Corporation website.

Kim Se-yong, President of SH Corporation, said, "Due to the COVID-19 pandemic, many citizens have suffered various degrees of livelihood damage and experienced emotional isolation from prolonged social distancing, which has made us realize the importance of community once again. We hope that many innovative proposals that can turn this crisis into an opportunity will emerge in the post-COVID era, helping us overcome the weakened economy and isolation."

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