Imsil-gun, Recruiting Applicants for Vacant House Regeneration Rental Program

[Asia Economy Honam Reporting Headquarters Reporter Park Nosik] Imsil-gun, Jeonbuk announced on the 19th that it will continue the Hope House Vacant House Regeneration Project, which was successfully carried out last year with great response from residents, and will recruit applicants for vacant house rental regeneration until the end of next month.

The county secured a budget of 120 million won this year and plans to carry out the project on a total of six vacant houses, following the investment of 180 million won in four vacant houses in 2019 and five vacant houses in 2020.

The Hope House Vacant House Regeneration Project utilizes vacant houses left unattended in rural areas that spoil the landscape to provide a hopeful home for low-income groups, returnees to farming and rural areas, youth, and newlyweds.

By remodeling vacant houses and recreating living spaces, it is expected to provide comfortable living spaces, improve residential satisfaction through attracting returnees to farming and rural areas, and have a positive effect on population inflow.

This project has played a significant role in preventing juvenile delinquency and rural landscape damage caused by the increase of vacant houses in rural areas, along with residential vacant house maintenance projects and non-residential building maintenance projects.

Applicants must own a vacant house that has been unused or neglected for more than six months.

Owners of vacant houses participating in the regeneration project will receive support of up to 20 million won for regeneration costs (with at least 5% self-payment).

House owners must lease the regenerated vacant house rent-free to tenants for five years, and if the self-payment is 50% or more, rent-free leasing for three years is also possible.

It is expected to bring a small vitality to the rural atmosphere, which has been stagnant due to the prolonged COVID-19 pandemic, through vacant house maintenance and realization of residential welfare.

County Governor Shim Min said, “The Hope House Vacant House Regeneration Project provides stable homes for vulnerable groups and returnees to farming and rural areas,” and added, “As residents’ response is high, we will continue to expand the project so that more vacant houses can be transformed into Hope Houses.”

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