Eunpyeong-gu Supports Relocation of Semi-basement Residents at Risk of Flooding to Public Rental Housing

Housing Support for Semi-basement Residents at Risk of Flooding or Households Below Minimum Housing Standards

[Asia Economy Reporter Jong-il Park] Eunpyeong-gu (Mayor Kim Mi-kyung) announced that reflecting social interest in the need for housing support for households living in semi-basements, and following the revision of the Ministry of Land, Infrastructure and Transport's guidelines for housing support for vulnerable groups, priority will be given to supporting relocation to LH and SH public rental housing for semi-basement residents at risk of flooding who wish to relocate.

The support targets semi-basement residents recognized as needing relocation due to flood risk or households failing to meet minimum housing standards (such as lacking a dedicated standing kitchen or flush toilet, or having fewer rooms than required by household size), who must be members of a homeless household and have a monthly average income of 50% or less of the previous year's household income by household size. (1 person: 1,322,574 KRW, 2 persons: 2,189,905 KRW, 3 persons: 2,813,449 KRW)

The types of support housing include LH Jeonse rental housing and SH purchased rental housing. For LH Jeonse rental housing, based on a 90 million KRW standard, a maximum deposit support of 89.5 million KRW is provided, with the tenant's burden being a 500,000 KRW deposit and monthly rent (2% annual interest on the support amount).

For purchased rental housing, the rent is about 30% of the market price, with deposits and monthly rent varying by housing unit, and a considerable period is required before moving in.

Applications are accepted at any time through the local community service center of the resident registration address, and after income and asset investigations, support eligibility will be determined. Inquiries can be made at the local community service center of the residence.

Kim Mi-kyung, Mayor of Eunpyeong-gu, stated, “We will actively identify vulnerable households living in semi-basements at risk of flooding and strive to improve residents' housing environments and housing stability.”

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