Gyeongju City Selected for Ministry of Land's 'Senior Welfare Housing' Contest for 2 Consecutive Years

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongwook Park] Gyeongju City, Gyeongsangbuk-do announced on the 22nd that it has been selected for the second consecutive year in the Ministry of Land, Infrastructure and Transport's 'Senior Welfare Housing' construction contest, which provides housing and welfare services together for the elderly.

Since the contest was announced in February, six local governments nationwide, including Gyeongju City, were selected after on-site inspections and review by the evaluation committee. The selected local governments will build welfare housing for the elderly with a total project cost of 19.9 billion KRW, including 13.2 billion KRW in national subsidies over four years starting from the second half of this year.

'Senior Welfare Housing' is a public rental housing complex that combines senior-customized welfare housing and social welfare facilities, prioritizing low-income elderly aged 65 and over for residency. This facility will establish a secondary safety net through No-No Care along with customized welfare service spaces such as hobby rooms, fitness rooms, and singing classes.

Gyeongju City will proceed with the construction of welfare housing through a division of roles with Korea Land and Housing Corporation (LH). The city will provide the site (rent-free lease for 50 years), purchase equipment for welfare facilities, and manage operations. The Land and Housing Corporation will be responsible for the construction costs of senior housing and welfare facilities as well as the operation of senior welfare housing. Once the housing construction project plan is approved this year, occupancy is expected to be possible from 2023.

Mayor Jun Nak-young of Gyeongju said, "Senior Welfare Housing is a campaign pledge for the construction of Silver Towns by regional bases during the 7th local government administration," adding, "There is a need for a societal change where we now take care of the elderly who have lived diligently, and this project lays the foundation for that."

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