Gyeonggi Urban Innovation Corporation

Gyeonggi Urban Innovation Corporation

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[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Urban Innovation Corporation will resume recruiting tenants for the purchase-rental housing for households with children in Ansan City, which had been suspended since February.


Gyeonggi Urban Innovation Corporation announced on the 15th that although tenant recruitment was suspended to prevent the spread of infectious diseases after the COVID-19 crisis alert was raised to the 'serious' level, the project was resumed to ensure housing stability for households with children in Ansan City who urgently need to relocate.


The target housing for recruitment is one multi-family housing building with 8 units, located within walking distance to schools and convenient access to parks, large supermarkets, and other amenities.


Applications are open to households without homes residing in Ansan City with children under 18 years old, who meet the requirement of having an average income of 70% or less of the previous year's urban worker average income.


The rental condition is about 30% of the market price, and the lease period is 2 years. If requirements are met, renewal is possible up to 9 times, allowing residence for up to 20 years.


In particular, tenants who meet certain qualifications under the agreement signed on the 28th of last month between Gyeonggi Urban Innovation Corporation and the Green Umbrella Children’s Foundation can receive support of up to 5 million KRW per household for rental deposits and moving expenses.



Gyeonggi Urban Innovation Corporation will conduct on-site applications at the Gyeonggi Happy Housing Gwanggyo Promotion Center (262-1 Iui-dong, Yeongtong-gu, Suwon City) from the 25th to the 29th. For more details, contact the promotion center (031-214-8463, 031-216-7840) or visit the Gyeonggi Urban Innovation Corporation website (www.gico.or.kr).


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

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