Housing Finance Corporation Completes Renovation and Repair of 1,000 Homes for Vulnerable Groups

HF Dream House Social Contribution Improves Housing Conditions for Vulnerable Groups and Creates Local Jobs

The Korea Housing Finance Corporation held a ceremony on the 24th to commemorate the 'HF Dream House 1000th Unit' in Dadae-dong, Saha-gu, Busan, together with the Housing Welfare Solidarity Corporation and Hope Housing Co., Ltd. Lee Jeong-hwan, President of the Korea Housing Finance Corporation (left), Kang Hye-kyung, CEO of Hope Housing, and Nam Sang-oh, Chairman of the Housing Welfare Solidarity Corporation (right), are posing for a commemorative photo after receiving plaques of appreciation.

[Asia Economy Reporter Park Sun-mi] Korea Housing Finance Corporation (HF) announced on the 25th that it has completed housing renovation work for 1,000 households through its ‘HF Dream House’ social contribution activity.

To commemorate this, HF Corporation held the ‘HF Dream House 1000th Household Commemoration Ceremony’ the day before at the 1,000th household in Dadae-dong, Saha-gu, Busan City, where it presented plaques of appreciation to its partner organizations, the Housing Welfare Solidarity Corporation and Hope Housing Co., Ltd., and installed a commemorative sign at the 1,000th household.

Through the ‘HF Dream House’ initiative, HF Corporation improves the poor living conditions of vulnerable groups by renovating wallpaper, flooring, and replacing LED lights, while supporting on-site training jobs for unskilled construction workers. This year, it is supporting housing renovation for about 200 vulnerable households and creating approximately 130 new jobs for construction personnel in the process.

Park Jin-woo (alias, 60 years old), a resident of Saha-gu, Busan City, selected as the beneficiary of the 1,000th household, said, “Although my home was flooded this summer, I was unable to repair it,” and added, “Having lived in this house for 60 years, I am very happy to be able to renovate it for the first time thanks to the Housing Finance Corporation.”

President Lee Jeong-hwan stated, “Since supporting housing stability for low-income people is the top priority of the Housing Finance Corporation, we will continue to actively work to improve the living environment of marginalized neighbors and steadily create related social jobs.”

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