Jugeumgong "We Repair Old Senior Centers"... Signed Social Contribution Agreement with Busan City

Choi Jun-woo, President of the Korea Housing Finance Corporation (right), and Lee Byung-jin, Deputy Mayor of Busan, are posing for a commemorative photo after signing an agreement at Busan Metropolitan City Hall in Yeonje-gu, Busan on the 25th. Photo by Korea Housing Finance Corporation

[Asia Economy Reporter Song Seung-seop] Korea Housing Finance Corporation signed a social contribution agreement with Busan Metropolitan City on the 25th to create a 'Senior Customized Happiness Community.'

This agreement aims to improve the elderly community environment and create jobs for seniors. The corporation's support amount is 400 million KRW, and combined with Busan City's budget, a total of 1.629 trillion KRW will be invested. The project is scheduled to proceed for seven months starting next month.

The Housing Finance Corporation will renovate kitchens and bathrooms in 500 old senior centers and replace wallpaper and flooring. It will also inspect residential fire safety facilities in 12,000 households vulnerable in housing. The tasks of improving senior center environments and inspecting and installing safety facilities for vulnerable housing will be entrusted to 200 seniors aged 60 and above.

President Choi Jun-woo emphasized, "The corporation will continue to work closely with Busan City to actively promote mutual development with the local community."

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