[Asia Economy Reporter Lee Chun-hee] Korea Land and Housing Corporation (LH) announced on the 21st that it held the '1st Residential Welfare Branch Opening Ceremony' in Yuseong-gu, Daejeon.


The 'Residential Welfare Branch' is an organization that performs ▲rental housing supply ▲resident support ▲housing consultation services ▲housing benefit surveys, among other tasks. Currently, LH is strengthening support for government policies such as the 'Residential Welfare Roadmap' and is promoting the establishment of 'Comprehensive Residential Welfare Branches' to provide more advanced, regionally tailored housing services. To this end, each branch is securing its own office building to create a comfortable consultation space, enhancing customer convenience, and plans to create an optimal environment for providing one-stop services needed by vulnerable groups through strengthened cooperation with local governments and NGOs (non-governmental organizations).


The newly opened 'Daejeon Northern Area Comprehensive Residential Welfare Branch' is the first comprehensive residential welfare branch, prepared by purchasing a 15-story urban lifestyle housing building located in Yuseong-gu, Daejeon. Utilizing its location near Yuseong Oncheon Station on Daejeon Subway Line 1, it is planned to be used not only as a workspace but also as a multipurpose space including Hope Shopping Center and youth rental housing.


In particular, the youth rental housing supplied on floors 3 to 15, consisting of 116 households, has attracted much attention from nearby university students and young homeless individuals due to its station-area location and affordable rental conditions, recording a high competition rate of 5 to 1. Two Hope Shopping Centers supplied on the first floor will also be occupied long-term by prospective social enterprises at low rents.


Starting with the opening of the Daejeon Northern Area branch, LH plans to additionally begin construction of comprehensive residential welfare branches in the Gwangju Southeastern Area and Siheung Area within this year.



Byun Chang-hee, President of LH, stated, "Through the establishment of comprehensive residential welfare branches, we plan to realize regionally focused residential welfare that the public can feel and strengthen the role of the housing service platform."


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

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