Gyeonggi Doshi Gong, to Supply 230 Purchased Rental Housing Units

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Urban Innovation Corporation is supplying 230 purchased rental housing units.

Gyeonggi Urban Innovation Corporation announced on the 1st that it will purchase existing houses such as multi-family and multiplex houses to provide rental housing at about 30% of the market price to stabilize housing for low-income groups and is recruiting tenants.

The houses supplied this time include a total of 230 units: 88 general-type units and 142 vacant rental units located in 16 cities and counties within the province. Eligibility for moving in varies by rank according to detailed requirements such as income and owned assets for members of households without housing.

The rental condition is about 30% of the nearby market price, and the lease period is 2 years. If conditions are met, residents can live for up to 20 years. In particular, tenants can receive support for 50% of the rental deposit, up to a maximum of 2.5 million KRW, through the 'Gyeonggi-do Purchased Rental Housing Deposit Support Project' supported by Gyeonggi Province.

Applicants should note that the application periods and locations differ depending on the supply type (general type, vacant rental housing).

Applications for the general type are from the 10th to the 19th, and for vacant rental housing from the 15th to the 19th.

The application location for the general type is the administrative welfare center (eup, myeon, dong office) of the registered residence, and for vacant rental housing, it is the Purchased Rental Housing Supply Centers located in Suwon, Namyangju, and Uijeongbu (031-214-8463).

For more details, please check the tenant recruitment announcement posted on the Gyeonggi Urban Innovation Corporation website (www.gico.or.kr) and the administrative welfare centers of the respective cities and counties.

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