NEPS to Support 'Housing Environment Improvement' for Youth Aging Out of Care

LH Signs Business Agreement to Improve Housing Environment for Care-Leaving Children
Donates Over 1,000 'Dream Furniture' Items Including Tables, Desks, and Chairs Usable by About 500 Households

Neps signed a business agreement with LH to improve the residential environment for children aging out of care. Kim Ho-gyun, CEO of Neps (left), and Seo Chang-won, Head of Housing Welfare Division at LH.
[Photo by Neps]

[Asia Economy Reporter Kim Jonghwa] Global comprehensive furniture company 'NEFS' signed a business agreement with Korea Land and Housing Corporation (LH) on the 9th at NEFS headquarters located on Hakdong-ro, Gangnam-gu, Seoul, to improve the residential environment for children aging out of care.

Practicing the corporate philosophy of "Change of space starts with NEFS," NEFS will support furniture for dining and study spaces essential for creating a residential environment for children aging out of care through the agreement with LH. The furniture provided through this MOU includes about 1,000 pieces such as tables, desks, and chairs, enough to be used in approximately 500 households.

In addition, NEFS plans to contribute to improving the residential environment of children aging out of care by providing various services such as space organization and interior-related content.

Children aging out of care become independent at the age of 18, the protection termination age under the Child Welfare Act, after being protected in out-of-home care systems such as childcare facilities and group homes. LH provides integrated self-reliance support services through customized housing and educational support, and operation of dedicated counseling centers to ensure their housing stability.

Kim Hogyun, CEO of NEFS, said, "We hope that this agreement between LH and NEFS will help improve the residential environment of children aging out of care and alleviate their economic burden for successful independence," adding, "NEFS will continue to contribute to creating an environment where children in local communities can grow up healthy and happy through the donation of dream furniture."

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