GH to Supply 30 Existing Housing Purchase Rentals in 12 Areas Including Suwon

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Housing and Urban Corporation (GH) is relaxing the eligibility criteria for unleased units of existing housing purchase rental to expand the beneficiary class of housing welfare and is recruiting tenants accordingly.

Existing housing purchase rental housing refers to multi-family, multi-unit, officetel, and other existing houses that GH purchases and renovates, then supplies to non-homeowners with low income at rents cheaper than the market price.

The total number of units being recruited this time is 30. They are located in 12 cities and counties within the province, including Suwon City.

The eligibility criteria have been relaxed to allow members of non-homeowner households whose monthly average income of the household is 100% or less of the previous year's average monthly income of urban workers per household (previously 70% or less) to apply.

The initial contract period is 2 years, and residents can live for up to 20 years if renewal conditions are met. Rent and deposit are set at about 30% of the surrounding market price.

The application period is from the 10th to the 13th of next month. Applications are accepted by registered mail. However, for information-vulnerable groups such as persons with disabilities and the elderly, reservation visits to regional purchase rental centers (Suwon, Namyangju, Uijeongbu) are also possible.

Tenant selection will be individually notified after document screening of applicants received during the application period.

Detailed information on eligibility and application methods related to tenant recruitment can be found on the GH website.

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