2021 National Merit Senior Citizens' Housing Repair Site View

2021 National Merit Senior Citizens' Housing Repair Site View

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[Asia Economy Reporter Tae-min Ryu] The Korea Housing Builders Association and the Housing and Urban Guarantee Corporation (HUG) announced on the 25th that they will jointly hold the "2021 Commemoration Ceremony for Repairing Old Houses and Supporting Rental Funds for National Merit Recipients" on the 28th at the Federation of Korean Industries Building in Yeouido, Yeongdeungpo-gu, Seoul.


At the event, government awards including the Presidential Citation, Prime Minister's Citation, the Minister of Land, Infrastructure and Transport Citation, the Commissioner of the Ministry of Patriots and Veterans Affairs Citation, and plaques of appreciation will be presented to housing construction companies that have repaired 109 old houses free of charge for national merit recipients in the project, which marks its 28th anniversary this year.



The Housing and Urban Guarantee Corporation plans to provide a total of 600 million KRW in housing rental funds, ranging from 4 to 5 million KRW per household, to 116 households of homeless national merit recipients.


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