Seongnam City Supports 'Rental Housing' for Households with Four or More Minors

Seongnam City Hall

[Asia Economy (Seongnam) = Reporter Lee Young-gyu] Seongnam City in Gyeonggi Province will support 'Bogeumjari' (Multi-Child Happy House) for low-income households with four or more minor children.

Seongnam City announced on the 12th that it decided to pilot the 'Multi-Child Happy House Project' this year and recently signed a 'Business Agreement for Housing Support for Low-Income Multi-Child Households without Homes' with Korea Land and Housing Corporation (LH).

According to this agreement, LH will supply four purchased rental houses (Multi-Child Happy Houses) with an exclusive area of 55.99㎡ to 84.73㎡ in the region to the eligible households in September.

The city will recruit and select tenants, and pay LH the rental housing deposit of 8.5 million to 8.8 million KRW and monthly rent of 450,000 to 650,000 KRW for the households.

Tenants only need to pay the maintenance fees.

The support period lasts until the first child among the four children reaches the age of 19.

Applications for moving into the Multi-Child Happy House can be submitted from the 20th to the 27th of this month at the resident's local administrative welfare center with resident registration, family relation certificates, and qualification verification documents.

Eligibility requires households without homes currently registered in Seongnam City for more than two years with four or more children under 19 years old. They must be recipients of livelihood, housing, medical, or education benefits under the National Basic Livelihood Security Act or belong to the near-poverty class.

The city will prioritize the number of children, current residence status, and date of moving into Seongnam City to select tenants and notify them individually on the 16th of next month.

Through the agreement with LH, the city will supply four additional Multi-Child Happy Houses annually.

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