Gwangju Usan Bityeoulchae Selected for Ministry of Land, Infrastructure and Transport Green Remodeling Contest

Gwangju City Secures 10.74 Billion KRW in National Funding for Renovation of 665 Households

[Asia Economy Honam Reporting Headquarters Reporter Park Seon-gang] Gwangju Metropolitan City announced on the 13th that the ‘Usan Bityeoulchae Apartment’ in Gwangsan-gu has been selected for the Ministry of Land, Infrastructure and Transport’s ‘Aged Public Rental Housing Green Remodeling Project.’

The ‘Aged Public Rental Housing Green Remodeling’ is a project by the Ministry of Land, Infrastructure and Transport that invests a total of 39.2 billion KRW in national funds targeting 2,800 units nationwide to improve the quality of life for permanent rental housing residents and achieve carbon-neutral cities by 2045.

Gwangju City applied for a total of 665 units out of the 1,500 units in Usan Bityeoulchae, including 15 integrated units and 650 single units, securing 10.74 billion KRW in national funds out of the 17.9 billion KRW required for the project.

‘Usan Bityeoulchae’ is an aged public rental apartment completed in 1992, and was judged to be the most suitable complex to implement the project due to its high vacancy rate.

Gwangju City plans to promote the Ministry of Land, Infrastructure and Transport’s green remodeling project for 1,500 units in Seogu Ssangchon Shiyeong and 500 units in Geumho Shiyeong in the future.

Jung Hyun-yoon, head of the city’s Housing Policy Division, said, “We will strive to promote the project so that the residential environment of socially vulnerable groups can be improved through this green remodeling project.”

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