"Good Landlord Program Extended" Busan Office of Education Extends Public Property Usage Rate Reduction Period by 1 Year
Ongoing Operational Difficulties for Restaurants and Stores Due to COVID-19
Disaster Period Extended by One Year from January to December
[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Busan Metropolitan Office of Education extends support for self-proclaimed good 'landlords.'
Busan Metropolitan Office of Education (Superintendent Kim Seok-jun) has decided to extend by one year the period during which the significantly reduced usage rate of public property is applied, to support tenants of the Office of Education's public property who are struggling due to the prolonged COVID-19 pandemic.
This measure targets small business owners who have been granted permission to use public properties operated by institutions affiliated with the Office of Education, such as cafeterias, school stores, and swimming pools.
On the 9th, Busan Metropolitan Office of Education held a Public Property Deliberation Committee meeting and decided to extend the disaster period by one year, from January 1 to December 31 of this year.
The usage rate for Office of Education public property will be drastically reduced from 5% to 1%, an 80% reduction, as was the case last year. However, if the national crisis alert level is lifted during the support period, the support will be terminated.
Busan Metropolitan Office of Education plans to inform tenants of the damage support operation guidelines through schools and institutions affiliated with the Office of Education. Tenants wishing to receive support should submit an application form to the respective school (institution) following the prescribed procedures.
Previously, Busan Metropolitan Office of Education had designated the disaster period from February 21 to December 31 last year and supported tenants by significantly reducing the usage rate of public property as done this time.
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Superintendent Kim Seok-jun said, “The prolonged COVID-19 pandemic has increased the economic difficulties of tenants using the Office of Education's public property. We hope this measure will alleviate the economic burden of small business owners even a little.”
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