Gwanak-gu Supplies Artist Housing in Miseong-dong and Youth Rental Housing in Nangok-dong

Gwanak-gu and SH Corporation Sign Agreement on 12th to Supply and Manage Customized Rental Housing for Youth and Artists... Completion of Nanggok-dong Youth Housing (18 Units) and Miseong-dong Artist Housing (12 Units), Tenant Recruitment Scheduled for December

Perspective View of Miseong-dong Artist Rental Housing

[Asia Economy Reporter Park Jong-il] Gwanak-gu (Mayor Park Jun-hee) signed a detailed agreement with SH Corporation on the 12th for the "Supply and Management of Customized Rental Housing for Youth and Artists."

Since the launch of the 7th local government, the district has established a four-year plan for district administration, aiming to expand youth housing and promote customized residential welfare policies, striving to supply rental housing tailored to the needs of users.

In particular, Gwanak-gu has the highest youth population ratio in the country at 40.5%, and with 2,254 registered artists, it is home to the third-largest number of artists in Seoul.

In response to these regional characteristics and social environmental changes such as the increase in single-person youth households and the rising proportion of monthly rent, the district is fully committed to the supply of customized rental housing projects for youth and artists.

First, after passing SH Corporation's purchase review, two rental housing sites were selected. In September, 18 youth housing units in Nangok-dong (5 Beopwon Danji 10-gil) and 12 artist housing units in Miseong-dong (34 Beopwon Danji 5-gil) were newly constructed and completed, awaiting tenants.

Additionally, on the 8th of last month, an MOU for the supply and management of customized rental housing was signed with SH Corporation, laying the foundation to promote residential stability for residents through the continuous supply of customized rental housing.

This agreement defines the detailed management scope of customized rental housing and, based on mutual cooperation for smooth supply and management, plans to recruit tenants for public rental housing for youth and artists in December, with winners to be announced in the first half of next year.

Youth Housing

Mayor Park Jun-hee stated, "Through this agreement, we will supply housing for youth and artists considering the district's characteristics and regional demand, reducing the housing cost burden for vulnerable groups," adding, "We will continue to provide various support such as residential stability and job creation for youth and artists."

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